NOT LISTED FOR SALE

509 Covey Ave Bakersfield, CA 93308

Estimated Value: $187,000 - $204,000

2 Beds
1 Bath
528 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $161,000 $305 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,293/month

About This Home

As of May 2022

Cute cottage home in Oildale ready for its new owner! This home offers new carpet and paint as well as an updated kitchen. Don't let this one slip away! Call your favorite agent today!!

Last Agent to Sell the Property

Raquel Gonzalez

Cal Pro Real Estate License #02066675 Listed on: 04/20/2022

Last Buyer's Agent

Frank Martinez Sorto

The Mora Partners Inc. License #02127960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 1947

Lot Details

  • 4,356 Sq Ft Lot
  • Zoning described as R1

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Beardsley Elementary And Middle School
  • North High School

Community Details

  • Covey Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11418307

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,971

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1947
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1000
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 528.00

Exterior Features

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

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Association/Amenities

  • Site Amenities: Cul De Sac

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 4356.00
  • Parcel #: 11418307

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Apr 26, 2022
Sold by
Brogan Keith R
Bought by
Martinez Leticia and Arias Miguel Martinez
Seller's Agent
Raquel Gonzalez
Cal Pro Real Estate
Buyer's Agent
Frank Martinez Sorto
The Mora Partners Inc.
List Price
$160,000
Sold Price
$161,000
Premium/Discount to List
$1,000
0.62%
Current Estimated Value
$193,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,209
Avg. Annual Appreciation
5.68%
Original Mortgage
$153,174
Outstanding Balance
$145,541
Interest Rate
5.11%
Mortgage Type
FHA
Estimated Equity
$47,668

Purchase Details

Closed on
Aug 15, 2017
Sold by
Higher Grounds Solutions Inc
Bought by
Brogan Keith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 15, 2016
Closed on
Oct 26, 2016
Sold by
U S Bank National Association
Bought by
Higher Grounds Solutions Inc
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$37,100
Sold Price
$38,964
Premium/Discount to List
$1,864
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Lozada Luis S
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 16, 2005
Sold by
Urban Renewal Project Llc
Bought by
Lozada Luis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Mills Travis
Bought by
Urban Renewal Project Llc

Purchase Details

Closed on
Feb 14, 1998
Sold by
Mills Travis
Bought by
Hills Travis

Purchase Details

Closed on
Oct 21, 1997
Sold by
Wooster Roy and Wooster Tamera L
Bought by
Mills Travis
Source: Public Records

Range of Values:

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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
Martinez Leticia $161,000 Ticor Title
Brogan Keith R $75,000 Ticor Title Company
Higher Grounds Solutions Inc $39,000 Premium Title Of Ca Inc
U S Bank National Association $58,000 Premium Title Of California
Lozada Luis S $125,000 Fidelity Title
Urban Renewal Project Llc $78,500 Fidelity Title
Mills Travis -- Fidelity Title
Hills Travis -- First American Title Co
Mills Travis -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Leticia $153,174
Previous Owner Brogan Keith R $45,000
Previous Owner Lozada Luis S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $161,000 +0.6% $305 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $160,000 +310.6% $303 / Sq Ft
11/17/2016 11/17/16 Sold $38,964 +5.0% $74 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $37,100 -- $70 / 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 $2,971 $170,853 $31,836 $139,017
2024 $2,900 $167,504 $31,212 $136,292
2023 $2,900 $164,220 $30,600 $133,620
2022 $1,836 $80,413 $21,443 $58,970
2021 $1,744 $78,837 $21,023 $57,814
2020 $1,744 $78,030 $20,808 $57,222
2019 $1,659 $78,030 $20,808 $57,222
2018 $1,604 $75,000 $20,000 $55,000
2017 $1,148 $39,000 $15,000 $24,000
2016 $1,189 $46,000 $12,000 $34,000
2015 $1,116 $41,000 $10,000 $31,000
2014 $1,091 $40,000 $10,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202203720

Bakersfield Association of REALTORS® / GEMLS

APN: 114-183-07-00-5