NOT LISTED FOR SALE

502 Oildale Dr Bakersfield, CA 93308

Bakersfield Area

Estimated Value: $239,000 - $246,000

1 Bed
1 Bath
824 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2022

Last sale price $230,000 $279 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,663 / mo

25 Days on Market

About This Home

As of April 2022

Excellent income generating property. Property offers 2 studio units each with separate entrances. Both units are nicely remodeled and fully rented with new leases in place. Fenced in yard with plenty of room. Property is near major roadways, airport, transportation and shopping. This is a gem!

Last Agent to Sell the Property

Michael Cox

Unknown Broker License #02136191 Listed on: 02/19/2022

Co-Listed By

Bobby Chalhoub

Broker X License #02018538

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,969 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 824 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Beardsley Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11412202

Community Details

Overview

  • 2 Units
  • Belle Heights Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $17,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1949
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 12998
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 824.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.00
  • Parcel #: 11412202

Multi Family

  • Total Annual Expense: 500.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.00
  • Property Net Operating Income: 17500.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Apr 7, 2022
Sold by
Bought by
Seller's Agent
Michael Cox
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$242,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,500
Avg. Annual Appreciation
1.25%
Original Mortgage
$172,500
Outstanding Balance
$158,182
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$84,318

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 9, 2022
Sold by
Bought by
Seller's Agent
Michael Cox
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$158,182
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$84,318

Purchase Details

Closed on
May 26, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 1, 2020
Sold by
Bought by
Seller's Agent
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
Buyer's Agent
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.53%

Purchase Details

Closed on
Mar 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
9.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.55%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title Guaranty Company
$230,000 Stewart Title Guaranty Company
$152,500 Placer Title
$65,000 Placer Title Company
$53,000 Servicelink
$52,000 Servicelink
$165,000 Fidelity Title
$40,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $172,500
Closed $172,500
Previous Owner $108,750
Previous Owner $148,500
Previous Owner $92,000
Previous Owner $36,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $230,000 +2.2% $279 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $225,000 +246.2% $273 / Sq Ft
10/07/2020 10/07/20 Sold $65,000 +8.3% $79 / Sq Ft View Prior Sale
09/16/2020 09/16/20 For Sale $60,000 -- $73 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,108 $244,077 $106,120 $137,957
2024 $4,017 $239,292 $104,040 $135,252
2023 $4,017 $234,600 $102,000 $132,600
2022 $3,010 $156,060 $35,700 $120,360
2021 $1,828 $65,000 $30,000 $35,000
2020 $1,731 $62,396 $17,657 $44,739
2019 $1,712 $62,396 $17,657 $44,739
2018 $1,655 $59,974 $16,972 $43,002
2017 $1,617 $58,799 $16,640 $42,159
2016 $1,432 $48,000 $12,000 $36,000
2015 $1,330 $41,000 $10,000 $31,000
2014 $1,313 $41,000 $10,000 $31,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Cox

    Unknown Broker

  • Bobby Chalhoub

    Seller Co-Listing Agent in 2022

    Bobby Chalhoub

    Broker X

    (661) 487-1262

    79 Total Sales

    Bobby Chalhoub
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member Office

  • M

    Seller's Agent in 2020

    Mary Cruz Rodriguez

    Mary Cruz Realty, Inc

    (661) 201-9434

    78 Total Sales

    Mary Cruz Rodriguez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202201754

Bakersfield Association of REALTORS® / GEMLS

APN: 114-122-02-00-5

California Kern County Bakersfield 93308

502 Oildale Dr, Bakersfield, CA

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. 2026.

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