NOT LISTED FOR SALE

518 Richards Ave Bakersfield, CA 93307

Oakridge Neighborhood

Estimated Value: $136,000 - $214,000

2 Beds
1 Bath
812 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $80,764 $99 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,114/month

21 Days on Market

About This Home

As of June 2016

Nice little rancher in the heart of old town. No garage, but a huge carport across the back of the property. Alley access is possible. Home needs some love and repair, but priced accordingly. Sold AS IS without repair or warranty.

Last Agent to Sell the Property

David Judd

Unknown Broker License #00621966 Listed on: 04/12/2016

Last Buyer's Agent

Carlos Sanchez

Century 21 Jordan-Link & Co License #00988201

Century 21 Jordan-Link & Co

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 8,300 Sq Ft Lot
  • Zoning described as R1

Parking

  • Carport

Home Design

  • Composition Roof

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Virginia Avenue Elementary School
  • Fairfax Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 14206219

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

8,300 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1945
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1905
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 812.00

Exterior Features

  • Roof: Composition
  • Disclosures: Auction, REO
  • Pool Features: None

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Other

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Fairfax

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 8300.00
  • Parcel #: 14206219

MLS Schools

  • Elementary School: Virginia Avenue

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 26, 2016
Sold by
Arns Inc
Bought by
Contreras Martin
Seller's Agent
David Judd
Unknown Broker
Buyer's Agent
Carlos Sanchez
Century 21 Jordan-Link & Co
List Price
$75,000
Sold Price
$80,764
Premium/Discount to List
$5,764
7.69%
Current Estimated Value
$180,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,740
Avg. Annual Appreciation
8.56%

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 24, 2016
Sold by
Contreras Aurora
Bought by
Contreras Martin
Seller's Agent
David Judd
Unknown Broker
Buyer's Agent
Carlos Sanchez
Century 21 Jordan-Link & Co
List Price
$75,000
Sold Price
$80,764
Premium/Discount to List
$5,764
7.69%

Purchase Details

Closed on
Apr 7, 2015
Sold by
Magallanes Jose
Bought by
Wilmington Trust National Association and Arlp Securitization Trust

Purchase Details

Closed on
Sep 13, 2005
Sold by
Magallanes Maria
Bought by
Magallanes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 25, 2005
Sold by
Gomez Heriberto and Gomez Elvia
Bought by
Magallanes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2000
Sold by
Hud
Bought by
Gomez Heriberto and Gomez Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,350
Interest Rate
8.53%

Purchase Details

Closed on
Feb 3, 2000
Sold by
Jimenez Fernando and Jimenez Adrian
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 2, 2000
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Dec 12, 1996
Sold by
Galicia Deborah
Bought by
Jimenez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,111
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 1996
Sold by
Sandoval Angel
Bought by
Jimenez Fernando and Jimenez Adrian Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,111
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1996
Sold by
Hurley Russell F and Laird Philip B
Bought by
Sandoval Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 1996
Sold by
Romero Beatriz and California Title Fund Inc
Bought by
Hurley & Laird Inc Retirement Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.41%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Contreras Martin $81,000 Premium Title Of Ca Inc
Arns Inc -- Premium Title Of California
Contreras Martin -- Premium Title Of Ca Inc
Wilmington Trust National Association $122,500 Premium Title
Magallanes Jose -- Stewart Title
Magallanes Jose $155,000 Stewart Title
Gomez Heriberto $33,000 American Title Co
Mortgage Electronic Registration Systems $61,017 First American Title Co
Hud -- First American Title Ins Co
Jimenez Fernando -- Fidelity National Title Co
Jimenez Fernando $56,000 Fidelity National Title Co
Sandoval Angel $33,000 First American Title Ins Co
Hurley & Laird Inc Retirement Trust $29,874 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magallanes Jose $31,000
Previous Owner Magallanes Jose $124,000
Previous Owner Gomez Heriberto $31,350
Previous Owner Jimenez Fernando $56,111
Previous Owner Sandoval Angel $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $80,764 +7.7% $99 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $75,000 -- $92 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $2,096 $95,287 $29,591 $65,696
2024 $2,026 $93,419 $29,011 $64,408
2023 $2,026 $91,589 $28,443 $63,146
2022 $1,938 $89,794 $27,886 $61,908
2021 $1,838 $88,035 $27,340 $60,695
2020 $1,788 $87,133 $27,060 $60,073
2019 $1,734 $87,133 $27,060 $60,073
2018 $1,706 $83,752 $26,010 $57,742
2017 $1,686 $82,110 $25,500 $56,610
2016 $915 $33,503 $20,305 $13,198
2015 $1,006 $41,000 $10,000 $31,000
2014 $982 $41,000 $10,000 $31,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Judd

    Unknown Broker

  • C

    Buyer's Agent in 2016

    Carlos Sanchez

    Century 21 Jordan-Link & Co

    (661) 301-6893

    7 in this area

    124 Total Sales

    Carlos Sanchez
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21604332

Bakersfield Association of REALTORS® / GEMLS

APN: 142-062-19-00-3

California Kern County Bakersfield 93307 Oakridge

518 Richards Ave, 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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