NOT LISTED FOR SALE

516 Rainbow Ct Bakersfield, CA 93308

Estimated Value: $237,000 - $275,000

3 Beds
2 Baths
1,117 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $125,000 $112 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,566/month

About This Home

As of August 2019

Cute starter home, beautiful hardwood floors throughout. Home features updated kitchen cabinets and tile countertops.

Last Agent to Sell the Property

Mary Cruz Rodriguez

Mary Cruz Realty, Inc License #01028350 Listed on: 08/01/2019

Co-Listed By

Marissa Cruz

Unknown Broker License #01207501

Last Buyer's Agent

Mary Cruz Rodriguez

Mary Cruz Realty, Inc License #01028350 Listed on: 08/01/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 6,821 Sq Ft Lot
  • Zoning described as r1

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11506232

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1959
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1566
  • Co List Office Mls Id: 2315
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 1117.00

Exterior Features

  • Roof: Composition
  • Disclosures: Call Listing Agent
  • Pool Features: None

Garage/Parking

  • Parking Features: 1 Car Garage

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: 6821.00
  • Parcel #: 11506232

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jul 31, 2019
Sold by
Bailey Steven H and Bailey Catherine H
Bought by
Hernandez Diaz Alberto Rosete and Hernandez Garduno Esmeralda
Seller's Agent
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
Buyer's Agent
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$258,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,398
Avg. Annual Appreciation
11.92%
Original Mortgage
$105,000
Outstanding Balance
$92,149
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,249

Purchase Details

Closed on
Jan 12, 2012
Sold by
Bailey Steven H and Bailey Catherine H
Bought by
Bailey Steven H and Bailey Catherine H

Purchase Details

Closed on
Oct 26, 2010
Sold by
The Secretary Of Veterans Affairs
Bought by
Bailey Steven H and Bailey Catherine H

Purchase Details

Closed on
Aug 12, 2010
Sold by
Midfirst Bank
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 10, 2010
Sold by
Vincent Val H and Vincent Dixie Y
Bought by
Midfirst Bank

Purchase Details

Closed on
May 9, 1994
Sold by
Palmer Oscar and Palmer Deloris M
Bought by
Vincent Val H and Vincent Dixie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,380
Interest Rate
8.53%
Mortgage Type
VA
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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Purchase History

Date Buyer Sale Price Title Company
Hernandez Diaz Alberto Rosete $125,000 Placer Title Co
Bailey Steven H -- None Available
Bailey Steven H $50,000 Stewart Title
The Secretary Of Veterans Affairs -- None Available
Midfirst Bank $50,235 None Available
Vincent Val H $69,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Diaz Alberto Rosete $105,000
Previous Owner Vincent Val H $70,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $125,000 0.0% $112 / Sq Ft
08/01/2019 08/01/19 For Sale $125,000 -- $112 / 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 $2,576 $136,702 $32,807 $103,895
2024 $2,510 $134,022 $32,164 $101,858
2023 $2,510 $131,395 $31,534 $99,861
2022 $2,417 $128,819 $30,916 $97,903
2021 $2,325 $126,294 $30,310 $95,984
2020 $2,248 $125,000 $30,000 $95,000
2019 $1,424 $58,566 $11,711 $46,855
2018 $1,376 $56,294 $11,257 $45,037
2017 $1,347 $55,191 $11,037 $44,154
2016 $1,284 $54,110 $10,821 $43,289
2015 $1,257 $53,298 $10,659 $42,639
2014 $1,231 $52,255 $10,451 $41,804
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mary Cruz Rodriguez

    Mary Cruz Realty, Inc

    (661) 201-9434

    89 Total Sales

    Mary Cruz Rodriguez
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Marissa Cruz

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21909137

Bakersfield Association of REALTORS® / GEMLS

APN: 115-062-32-00-2

California Kern County Bakersfield 93308

516 Rainbow Ct, Bakersfield, CA

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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