$299,000

Estimated payment $1,776/month

Total Views 8,764
-- Bed
-- Bath
1,706 Sq Ft
$175 Price per Sq Ft

About This Home

525 Butte St- We are pleased to present the opportunity to acquire 2 Homes on 1 Lot with industrial zoned land (M-1) in the City of Bakersfield. The front unit is registered as 2 beds, 1 bath and 1,214 SF and the back unit shows 1 bed, 1 bath with 492 SF with alley access. The back unit is currently vacant and just underwent complete restoration from previous fire damage.

Listing Agent

Felix Diaz

Executive, REALTORS® License #01981655 Listed on: 10/10/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property

Schools

  • Owens Elementary School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01643006

Community Details

Overview

  • Bakersfield Subdivision

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1700
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1706.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

  • High School: Bakersfield

Lot Info

  • Zoning Description: M-1
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01643006

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 1.00
  • Existing Lease Type: Net
  • Annual Gross Income: 1.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Owens, B. E.

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,670 $166,145 $42,755 $123,390
2024 $2,603 $121,856 $34,815 $87,041
2023 $2,603 $119,468 $34,133 $85,335
2022 $2,519 $117,126 $33,464 $83,662
2021 $2,332 $114,830 $32,808 $82,022
2020 $2,265 $113,653 $32,472 $81,181
2019 $2,222 $113,653 $32,472 $81,181
2018 $2,176 $109,242 $31,212 $78,030
2017 $2,159 $107,100 $30,600 $76,500
2016 $1,601 $67,614 $15,603 $52,011
2015 $1,582 $66,599 $15,369 $51,230
2014 $1,533 $65,295 $15,068 $50,227
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2025 05/23/25 Price Changed $299,000 -14.3% $175 / Sq Ft
10/10/2024 10/10/24 For Sale $349,000 +232.4% $205 / Sq Ft
02/04/2016 02/04/16 Sold $105,000 -19.2% $58 / Sq Ft View Prior Sale
01/05/2016 01/05/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $130,000 -- $71 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $50,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411551

Bakersfield Association of REALTORS® / GEMLS

APN: 016-430-06-00-8