NOT LISTED FOR SALE

505 31st St Bakersfield, CA 93301

Downtown Bakersfield Neighborhood

Estimated Value: $455,000 - $560,000

7 Beds
3 Baths
2,564 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2017

Last sale price $240,000 $94 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,355 / mo

52 Days on Market

About This Home

As of March 2017

Calling ALL INVESTORS!! This 4 unit complex is the one for you! this property features new dual pane windows, fresh new paint throughout, new outdoor window shutters, updated kitchen cabinets throughout. and best of all fully occupied. just sit back and collect the rent every month! call us for more details.

Last Agent to Sell the Property

Victor Vazquez

LPT Realty, Inc. License #01435318 Listed on: 01/06/2017

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 10,219

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Additional Features

  • 10,219 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00208207

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $32,340
  • Net Operating Income $25,721

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

10,219 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1959
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2564.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Lot Info

  • Lot Size Sq Ft: 10219.00
  • Parcel #: 00208207

Multi Family

  • Total Annual Expense: 6619.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 32340.00
  • Property Net Operating Income: 25721.00

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

Closed on
Mar 14, 2025
Sold by
Bought by
Current Estimated Value
$494,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,176
Interest Rate
0.0691%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2022
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2022
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
$475,233
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 24, 2017
Sold by
Bought by
Seller's Agent
Victor Vazquez
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$279,999
Sold Price
$240,000
Premium/Discount to List
-$39,999
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$235,653
Interest Rate
0.0437%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2016
Sold by
Bought by

Purchase Details

Listed on
Jun 4, 2015
Closed on
Aug 11, 2015
Sold by
Bought by
Seller's Agent
Erlin Casas
Maya Properties
Buyer's Agent
Victor Vazquez
LPT Realty, Inc.
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$142,500
Interest Rate
0.0405%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2015
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
$142,500
Interest Rate
0.0405%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2014
Sold by
Bought by

Purchase Details

Closed on
May 2, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 2010
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
$142,348
Interest Rate
0.055%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2010
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
$142,348
Interest Rate
0.055%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 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
$304,800
Interest Rate
0.0556%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2004
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
$254,400
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
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
$254,400
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1999
Sold by
Bought by
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

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
-- None Listed On Document
-- Fidelity National Title
$484,000 Ticor Title
$240,000 Boston National Title
-- None Available
-- Placer Title Company
$190,000 Placer Title Company
-- None Available
-- None Available
-- Placer Title
$145,000 Placer Title
$80,000 Stewart Title
$232,500 None Available
$381,000 First American Title
-- Ticor Title
-- Ticor Title
$318,000 Ticor 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
Closed $57,176
Closed $475,233
Closed $235,653
Closed $142,500
Closed $60,000
Closed $142,348
Closed $304,800
Closed $254,400
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
03/29/2017 03/29/17 Sold $240,000 -14.3% $94 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $279,999 +47.4% $109 / Sq Ft
08/28/2015 08/28/15 Sold $190,000 0.0% $74 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $190,000 -- $74 / 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 $8,217 $513,623 $106,120 $407,503
2024 $8,217 $503,553 $104,040 $399,513
2023 $8,035 $493,680 $102,000 $391,680
2022 $5,121 $262,472 $38,276 $224,196
2021 $4,747 $257,326 $37,526 $219,800
2020 $4,747 $254,689 $37,142 $217,547
2019 $4,519 $254,689 $37,142 $217,547
2018 $4,420 $244,800 $35,700 $209,100
2017 $3,941 $190,000 $35,000 $155,000
2016 $3,401 $190,000 $35,000 $155,000
2015 $3,047 $137,000 $21,000 $116,000
2014 -- $112,000 $25,000 $87,000
Source: Public Records

Agents Affiliated with this Home

  • Victor Vazquez

    Seller's Agent in 2017

    Victor Vazquez

    LPT Realty, Inc.

    (661) 833-3019

    36 Total Sales

    Victor Vazquez
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non-Member Office

  • E

    Seller's Agent in 2015

    Erlin Casas

    Maya Properties

    (661) 327-4727

    24 Total Sales

    Erlin Casas
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21700237

Bakersfield Association of REALTORS® / GEMLS

APN: 002-082-07-00-3

California Kern County Bakersfield 93301 Downtown Bakersfield

505 31st St, 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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