NOT LISTED FOR SALE

500 Teakwood Dr Bakersfield, CA 93308

Estimated Value: $283,593 - $316,000

3 Beds
2 Baths
1,174 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $194,000 $165 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,839/month

14 Days on Market

About This Home

As of November 2019

Great starter home ! with 3 bedrooms and 2 bath and good size yard for the those family gatherings.

Last Agent to Sell the Property

Ulices Melendez

Ulices B. Melendez, Broker License #01868115 Listed on: 10/07/2019

Last Buyer's Agent

Sarah Velazquez

Infinity Real Estate Services License #02079678

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,782 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11604410

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1957
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1557
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 1174.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 6782.00
  • Parcel #: 11604410

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Oct 31, 2019
Sold by
Cornejo Jose
Bought by
Marroquin Johnny and Marroquin Salina M
Seller's Agent
Ulices Melendez
Ulices B. Melendez, Broker
Buyer's Agent
Sarah Velazquez
Infinity Real Estate Services
List Price
$194,990
Sold Price
$194,000
Premium/Discount to List
-$990
-0.51%
Current Estimated Value
$298,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,648
Avg. Annual Appreciation
7.23%
Original Mortgage
$190,486
Outstanding Balance
$167,243
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$131,405

Purchase Details

Listed on
Oct 22, 2015
Closed on
Feb 12, 2016
Sold by
Decornejo Maria Consuelo Morales
Bought by
Cornejo Jose
Seller's Agent
Debra McTaggart
Epique Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$148,950
Sold Price
$145,500
Premium/Discount to List
-$3,450
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$116,400
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 24, 2015
Sold by
Higher Grounds Solutions Inc
Bought by
Cornejo Jose
Seller's Agent
Debra McTaggart
Epique Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$148,950
Sold Price
$145,500
Premium/Discount to List
-$3,450
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jul 22, 2015
Sold by
Mynk Todd
Bought by
Higher Grounds Solutions Inc
Seller's Agent
Lidia Aranda
Miramar International Calloway
Buyer's Agent
Paul Stroud
Miramar International Calloway
List Price
$110,000
Sold Price
$93,500
Premium/Discount to List
-$16,500
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.22%

Purchase Details

Closed on
Jul 22, 2004
Sold by
Mynk Ray Donald and Mynk Mary Elizabeth
Bought by
Mynk Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marroquin Johnny $194,000 First American Title Company
Cornejo Jose -- Ticor Title Company
Cornejo Jose $145,500 Ticor Title Company
Higher Grounds Solutions Inc $93,500 Placer Title Company
Mynk Todd $85,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marroquin Johnny $190,486
Previous Owner Cornejo Jose $116,400
Previous Owner Mynk Todd $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2019 11/21/19 Sold $194,000 -0.5% $165 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $194,990 +34.0% $166 / Sq Ft
02/19/2016 02/19/16 Sold $145,500 -2.3% $124 / Sq Ft View Prior Sale
01/20/2016 01/20/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $148,950 +59.3% $127 / Sq Ft
08/31/2015 08/31/15 Sold $93,500 -15.0% $80 / Sq Ft View Prior Sale
08/01/2015 08/01/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $110,000 -- $94 / 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 $3,450 $212,162 $43,743 $168,419
2024 $3,373 $208,003 $42,886 $165,117
2023 $3,373 $203,926 $42,046 $161,880
2022 $3,270 $199,928 $41,222 $158,706
2021 $3,179 $196,009 $40,414 $155,595
2020 $3,088 $194,000 $40,000 $154,000
2019 $2,626 $158,032 $32,472 $125,560
2018 $2,545 $151,898 $31,212 $120,686
2017 $2,502 $148,920 $30,600 $118,320
2016 $1,751 $94,000 $20,000 $74,000
2015 $1,776 $98,574 $25,510 $73,064
2014 $1,729 $96,000 $24,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21911848

Bakersfield Association of REALTORS® / GEMLS

APN: 116-044-10-00-3