NOT LISTED FOR SALE

525 8th St Bakersfield, CA 93304

Oleander-Sunset Neighborhood

Estimated Value: $189,758 - $232,000

3 Beds
1 Bath
784 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $40,000 $51 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $1,238/month

18 Days on Market

About This Home

As of February 2013

This is great for investors. This property has a long term tenant that enjoys living there. It will go by very fast!

Last Agent to Sell the Property

Darrell Muhammad

Unknown Broker License #01311827 Listed on: 01/08/2013

Last Buyer's Agent

Lorena Regalado

Century 21 Jordan-Link & Co License #01866365

Century 21 Jordan-Link & Co

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 4,314 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00939202

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1926
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.0990
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 784.00

Exterior Features

  • Roof: Composition
  • Disclosures: Short Sale
  • Pool Features: None

Garage/Parking

  • Parking Features: 1 Car Garage

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 4314.00
  • Parcel #: 00939202

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2015
Sold by
Bb & Bz Properties Llc
Bought by
Bbk & Bzt Llc
Current Estimated Value
$212,190

Purchase Details

Listed on
Jan 8, 2013
Closed on
Feb 1, 2013
Sold by
Verdin Matthew D and Verdin Erin S
Bought by
Bb & Bz Properties Llc
Seller's Agent
Darrell Muhammad
Unknown Broker
Buyer's Agent
Lorena Regalado
Century 21 Jordan-Link & Co
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Mortimer Ian
Bought by
Verdin Matthew D and Verdin Erin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
5.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 17, 2004
Sold by
Ubn Bakersfield Inc
Bought by
Mortimer Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Palenzuela Damaso Daniel
Bought by
Ubn Bakersfield Inc

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
5.61%
Mortgage Type
Seller Take Back
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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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
Bbk & Bzt Llc -- None Available
Bb & Bz Properties Llc $40,000 Placer Title Company
Verdin Matthew D $164,000 Chicago Title
Mortimer Ian $105,500 First American Title
Ubn Bakersfield Inc $55,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verdin Matthew D $114,800
Previous Owner Mortimer Ian $84,400
Previous Owner Ubn Bakersfield Inc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $40,000 0.0% $51 / Sq Ft
01/27/2013 01/27/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $40,000 -- $51 / 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 $1,554 $73,387 $23,674 $49,713
2024 $1,515 $71,949 $23,210 $48,739
2023 $1,515 $70,539 $22,755 $47,784
2022 $1,467 $69,157 $22,309 $46,848
2021 $1,369 $67,802 $21,872 $45,930
2020 $1,334 $67,108 $21,648 $45,460
2019 $1,309 $67,108 $21,648 $45,460
2018 $1,282 $64,504 $20,808 $43,696
2017 $1,272 $63,240 $20,400 $42,840
2016 $1,189 $62,000 $20,000 $42,000
2015 $950 $40,983 $15,369 $25,614
2014 $921 $40,181 $15,068 $25,113
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Darrell Muhammad

    Unknown Broker

  • L

    Buyer's Agent in 2013

    Lorena Regalado

    Century 21 Jordan-Link & Co

    1 Total Sale

    Lorena Regalado
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21300243

Bakersfield Association of REALTORS® / GEMLS

APN: 009-392-02-00-7

California Kern County Bakersfield 93304 Oleander-Sunset

525 8th St, 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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