NOT LISTED FOR SALE

509 Pesante Rd Bakersfield, CA 93306

West Pioneer Dr Neighborhood

Estimated Value: $295,989 - $345,000

4 Beds
1 Bath
1,907 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $319,000 $167 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,927/month

14 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of March 2024

Fully-Rehabbed CASH PRODUCER. $26,400 gross rents. 6.7 cap rate. $167/ft (below build cost!) Renovated 2-Homes-on-1 Lot with cash-paying long term tenants. Each unit is 2-bedrooms and 1-bath. Incredible investment opportunity to own a fully occupied cash-flow property in a highly desirable and low vacancy area. Low maintenance flooring throughout (Luxury Vinyl Plank in 501; Wood Tile in 509), updated counters, new cabinets, newer roofs, stucco exterior and new paint throughout - bottom line - low maintenance units. Each unit has its own fenced yard. Situated on a large corner lot. Close to schools, shopping and eateries. EASY TO RENT. 6.7% cap rate based on 20% expense ratio. Low maintenance units with quality tenants. The perfect add for your portfolio.

Last Agent to Sell the Property

Dan Shanyfelt

Miramar International-Riverwal License #01388129 Listed on: 02/16/2024

Co-Listed By

Tara Alvarez

Miramar International-Riverwal License #01274779

Last Buyer's Agent

Mayra Bastidas Gonzalez

Sierra Central Real Estate License #02188290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1980

Lot Details

  • 7,840

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,907 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Pioneer Drive Elementary School
  • Sierra Middle School
  • Foothill High School

Additional Features

  • 7,840 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13517210

Community Details

Overview

  • 2 Units
  • Redondo Los Palos Verdes Subdivision

Building Details

  • Gross Income $26,400
  • Net Operating Income $21,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Building Stories: 1
  • Deposit Amount Required: 2500.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1800
  • Co List Office Mls Id: 10642
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1907.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: Foothill
  • Middle Or Junior School: Sierra

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 13517210

Multi Family

  • Total Annual Expense: 5280.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 26400.00
  • Property Net Operating Income: 21120.00

MLS Schools

  • Elementary School: Pioneer Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 28, 2024
Sold by
Garcia Derobles Oralia
Bought by
Sandoval Pedro Robles
Seller's Agent
Dan Shanyfelt
Miramar International-Riverwal
Buyer's Agent
Mayra Bastidas Gonzalez
Sierra Central Real Estate
List Price
$319,000
Sold Price
$319,000
Views
176
Current Estimated Value
$325,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,247
Avg. Annual Appreciation
11.31%
Original Mortgage
$239,250
Outstanding Balance
$235,824
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$137,986

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 8, 2024
Sold by
Kern County Real Estate Inc
Bought by
Sandoval Pedro Robles
Seller's Agent
Dan Shanyfelt
Miramar International-Riverwal
Buyer's Agent
Mayra Bastidas Gonzalez
Sierra Central Real Estate
List Price
$319,000
Sold Price
$319,000
Views
176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Outstanding Balance
$235,824
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$137,986
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
Sandoval Pedro Robles -- Wfg National Title
Sandoval Pedro Robles $319,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Pedro Robles $239,250
Previous Owner Kern County Real Estate Inc $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $319,000 0.0% $167 / Sq Ft
02/16/2024 02/16/24 For Sale $319,000 -- $167 / 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 $2,504 $325,380 $61,200 $264,180
2024 $2,416 $80,032 $24,622 $55,410
2023 $2,416 $78,464 $24,140 $54,324
2022 $2,223 $76,926 $23,667 $53,259
2021 $2,055 $75,418 $23,203 $52,215
2020 $1,953 $74,646 $22,966 $51,680
2019 $1,918 $74,646 $22,966 $51,680
2018 $1,856 $71,749 $22,075 $49,674
2017 $1,648 $70,343 $21,643 $48,700
2016 $1,571 $68,965 $21,219 $47,746
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dan Shanyfelt

    Miramar International-Riverwal

    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tara Alvarez

    Miramar International-Riverwal

    (661) 282-8980

    2 in this area

    82 Total Sales

    Tara Alvarez
    Section Image

  • M

    Buyer's Agent in 2024

    Mayra Bastidas Gonzalez

    Sierra Central Real Estate

    (661) 912-9310

    2 in this area

    29 Total Sales

    Mayra Bastidas Gonzalez
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202400406

Bakersfield Association of REALTORS® / GEMLS

APN: 135-172-10-00-6

California Kern County Bakersfield 93306 West Pioneer Dr

509 Pesante Rd, Bakersfield, CA

This home is located at 509 Pesante Rd, Bakersfield, CA 93306 since 16 February 2024 and is currently estimated at $325,247, approximately $170 per square foot. This property was built in 1980. 509 Pesante Rd is a home located in Kern County with nearby schools including Pioneer Drive Elementary School, Sierra Middle School, and Foothill High School.

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. 2025.

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