NOT LISTED FOR SALE

505 1st St Taft, CA 93268

Estimated Value: $89,000 - $148,000

2 Beds
1 Bath
702 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $39,000 $56 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $800/month

20 Days on Market

About This Home

As of December 2019

Great investment to add to your portfolio. Rent or flip. This property has great potential. Located in a desirable part of Taft.

Last Agent to Sell the Property

Meghan McDonald

Blue Sky Real Estate License #01744491 Listed on: 11/09/2019

Last Buyer's Agent

Becky Covington-Kaiser

Miramar Realty License #01954663

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 2,313 Sq Ft Lot
  • Zoning described as R1

Parking

  • Carport

Home Design

  • Composition Roof

Interior Spaces

  • 702 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Community Details

  • Southern Pacific Land Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03147010

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1915
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.0531
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 702.00

Exterior Features

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

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Other

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 2313.00
  • Parcel #: 03147010

MLS Schools

  • Elementary School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2020
Sold by
Morales Araceli Garcia and Ruiz Richard Alex
Bought by
Lopez Jorge Luis Rios
Current Estimated Value
$120,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Outstanding Balance
$52,164
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Estimated Equity
$68,553

Purchase Details

Listed on
Nov 9, 2019
Closed on
Dec 23, 2019
Sold by
Sutton Michael Dean and Spradlin Family Trust
Bought by
Morales Araceli Garcia and Ruiz Richard Alex
Seller's Agent
Meghan McDonald
Blue Sky Real Estate
Buyer's Agent
Becky Covington-Kaiser
Miramar Realty
List Price
$39,000
Sold Price
$39,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%

Purchase Details

Closed on
Sep 29, 2008
Sold by
Spradlin William C and Spradlin Wanda M
Bought by
Spradlin William Clell and Spradlin Wanda Margaret

Purchase Details

Closed on
Sep 19, 1997
Sold by
Washington Mutual Bank Fa
Bought by
Spradlin William C and Spradlin Wanda M

Purchase Details

Closed on
Jul 7, 1997
Sold by
Alderete Robert John
Bought by
Great Western Bank Fsb
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Jorge Luis Rios $60,000 Placer Title Company
Morales Araceli Garcia $39,000 Placer Title Company
Spradlin William Clell -- None Available
Spradlin William C $10,000 Chicago Title Co
Great Western Bank Fsb $12,600 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Jorge Luis Rios $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $39,000 0.0% $56 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $39,000 -- $56 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $2,062 $65,615 $16,403 $49,212
2024 $1,893 $64,330 $16,082 $48,248
2023 $1,893 $63,069 $15,767 $47,302
2022 $1,763 $61,833 $15,458 $46,375
2021 $1,631 $60,621 $15,155 $45,466
2020 $1,188 $39,000 $15,000 $24,000
2019 $1,002 $23,336 $14,589 $8,747
2018 $995 $22,431 $14,023 $8,408
2017 $985 $21,993 $13,749 $8,244
2016 $965 $21,563 $13,480 $8,083
2015 $901 $21,240 $13,278 $7,962
2014 $845 $20,825 $13,018 $7,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21912990

Bakersfield Association of REALTORS® / GEMLS

APN: 031-470-10-00-2