Ulices Melendez
Ulices B. Melendez, Broker
(661) 241-9624
138 Total Sales
3 in Oleander-Sunset
$280K - $310K Price Range
507 Oleander Ave Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated Value: $455,438 - $525,000
5
Beds
2
Baths
2,978
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- 0.34 Acre Lot
- 1-Story Property
- 1-minute walk to Beale Park
- Central Air
About This Home
As of December 2024This incredible property features a spacious 5-bedroom, 3-bath main home with a 2-car garage, private yard, and an oversized driveway. In the back, you'll find a duplex with two 1-bedroom, 1-bath units, perfect for additional rental income. All units are on separate meters, and the entire property sits on a generous 14,000 sq. ft. lot. Currently tenant-occupied, this is a fantastic investment opportunity with built-in cash flow. Act now!
Last Agent to Sell the Property
The Mora Partners Inc. License #01879460 Listed on: 09/20/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 14,810 Sq Ft Lot
Parking
- Uncovered Parking
Interior Spaces
- 2,978 Sq Ft Home
- 1-Story Property
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Utilities
- Central Air
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 00733206
Community Details
Overview
- 3 Units
- Chester Tract Subdivision
Building Details
- Gross Income $37,680
- Net Operating Income $33,912
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
Sep 20, 2024
Closed on
Nov 6, 2024
Sold by
Sbe Lp
Bought by
Seller's Agent
Eric Mora
The Mora Partners Inc.
Buyer's Agent
Amber Ranger
Watson Realty
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
756
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,975
Avg. Annual Appreciation
8.78%
Original Mortgage
$399,000
Outstanding Balance
$392,093
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$93,767
Purchase Details
Closed on
Jul 29, 2024
Sold by
Johnson Harolyn L
Bought by
Sbe Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,066
Interest Rate
7.03%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oleander-Sunset, CA
-
Ulices Melendez
-
William Gordon
William Gordon
Watson Realty
(805) 918-8011
428 Total Sales
5 in Oleander-Sunset
$270K - $375K Price Range
-
Ryan Stevens
Ryan Stevens
Pacific Shore Real Estate, Inc
(661) 404-7474
90 Total Sales
1 in Oleander-Sunset
$306,000 Price
-
Daysi Vergara
Daysi Vergara
Infinity Real Estate Services
(661) 486-4283
52 Total Sales
5 in Oleander-Sunset
$240K - $335K Price Range
-
Armando Pena
Armando Pena
eXp Realty of California Inc
(661) 748-0195
41 Total Sales
3 in Oleander-Sunset
$220K - $315K Price Range
-
Bobby Chalhoub
Bobby Chalhoub
Broker X
(661) 490-9451
81 Total Sales
3 in Oleander-Sunset
$285K - $420K Price Range
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 |
|---|---|---|---|
| $450,000 | Chicago Title Company | ||
| Sbe Lp | $350,000 | None Listed On Document |
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 | $399,000 | ||
| Previous Owner | Johnson Harolyn L | $48,066 |
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 |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $420,000 | -6.7% | $141 / Sq Ft |
| 09/20/2024 09/20/24 | For Sale | $450,000 | -- | $151 / 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 |
|---|---|---|---|---|
| 2026 | $6,352 | $428,400 | $91,800 | $336,600 |
| 2025 | $4,287 | $420,000 | $90,000 | $330,000 |
| 2024 | $4,186 | $244,009 | $48,788 | $195,221 |
| 2023 | $4,186 | $239,226 | $47,832 | $191,394 |
| 2022 | $4,072 | $234,537 | $46,895 | $187,642 |
| 2021 | $3,816 | $229,939 | $45,976 | $183,963 |
| 2020 | $3,724 | $227,582 | $45,505 | $182,077 |
| 2019 | $3,653 | $227,582 | $45,505 | $182,077 |
| 2018 | $3,573 | $218,746 | $43,739 | $175,007 |
| 2017 | $3,552 | $214,458 | $42,882 | $171,576 |
| 2016 | $3,278 | $210,254 | $42,042 | $168,212 |
| 2015 | $3,257 | $207,097 | $41,411 | $165,686 |
| 2014 | $3,156 | $203,041 | $40,600 | $162,441 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Mora
Seller's Agent in 2024
Eric Mora
The Mora Partners Inc.
(661) 463-8186
25 in this area
443 Total Sales
-
Amber Ranger
AR
Buyer's Agent in 2024
Amber Ranger
Watson Realty
(661) 703-4482
3 in this area
55 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202409199
APN: 007-332-06-00-7
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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