$130,000
SOLD OCT 31, 2024

488 W Marengo Ave Shafter, CA 93263

4 Beds
2 Baths
1,260 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

62 Days on Market

About This Home

As of November 2024

Investors!! This property needs a lot of work. Price reflects it. Cash offers only. Zoned R2.

Last Agent to Sell the Property

Zee Stowe

Miramar International-Riverwal License #01353239 Listed on: 08/13/2024

Last Buyer's Agent

Zee Stowe

Miramar International-Riverwal License #01353239 Listed on: 08/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $373

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as R2

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Golden Oak Elementary School
  • Richland Middle School
  • Shafter High School

Listing and Financial Details

  • Assessor Parcel Number 02620120

Home Details

Home Type

Single Family

Est. Annual Taxes

$373

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1942
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1260.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 02620120

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Golden Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Nov 13, 2024
Sold by
Varo-Real Investments Inc
Bought by
Gonzalez Ralph T and Gonzalez Liliana
Seller's Agent
Erika Robles
Keller Williams Realty Tulare
Buyer's Agent
Evelyn Martinez
Emerge Real Estate
List Price
$159,200
Sold Price
$159,200
Views
8
Current Estimated Value
$157,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,654
Avg. Annual Appreciation
-1.59%
Original Mortgage
$67,000
Outstanding Balance
$66,500
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$91,046

Purchase Details

Closed on
Aug 26, 2024
Sold by
Rodriguez Maria Luisa
Bought by
Varo-Real Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.09%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $159,500 Placer Title
Grant Deed $130,000 Placer Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,000 New Conventional
Previous Owner $180,500 Construction
Previous Owner $15,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $159,200 0.0% $126 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $159,200 +22.5% $126 / Sq Ft
10/31/2024 10/31/24 Sold $130,000 0.0% $103 / Sq Ft
08/13/2024 08/13/24 For Sale $130,000 -- $103 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $373 $159,000 $60,000 $99,000
2024 $440 $14,712 $5,504 $9,208
2023 $440 $14,425 $5,397 $9,028
2022 $395 $14,143 $5,292 $8,851
2021 $339 $13,867 $5,189 $8,678
2020 $314 $13,726 $5,136 $8,590
2019 $313 $13,726 $5,136 $8,590
2018 $305 $13,195 $4,938 $8,257
2017 $301 $12,938 $4,842 $8,096
2016 $291 $12,686 $4,748 $7,938
2015 $270 $12,496 $4,677 $7,819
2014 $259 $12,252 $4,586 $7,666
Source: Public Records

Agents Affiliated with this Home

  • Erika Robles

    Seller's Agent in 2024

    Erika Robles

    Keller Williams Realty Tulare

    (559) 667-7684

    1 in this area

    559 Total Sales

    Erika Robles
    Section Image

  • Z

    Seller's Agent in 2024

    Zee Stowe

    Miramar International-Riverwal

    7 in this area

    48 Total Sales

    Zee Stowe
    Section Image
  • Evelyn Martinez

    Buyer's Agent in 2024

    Evelyn Martinez

    Emerge Real Estate

    (661) 348-0321

    1 in this area

    86 Total Sales

    Evelyn Martinez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202408007

Bakersfield Association of REALTORS® / GEMLS

APN: 026-201-20-00-1

California Kern County Shafter 93263

488 W Marengo Ave, Shafter, CA

This home is located at 488 W Marengo Ave, Shafter, CA 93263 and is currently priced at $130,000, approximately $103 per square foot. This property was built in 1942. 488 W Marengo Ave is a home located in Kern County with nearby schools including Golden Oak Elementary School, Shafter High School, and Grow Academy Shafter.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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