NOT LISTED FOR SALE

5507 Wilson Rd Bakersfield, CA 93309

Spice Neighborhood

Estimated Value: $422,828 - $491,000

5 Beds
3 Baths
2,028 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $420,000 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,770/month

36 Days on Market

About This Home

As of July 2024

Fantastic opportunity to own you own duplex. This property is located in desirable Southwest Bakersfield and in great shape. One unit is 3 bedrooms 1 3/4 bathrooms and the second unit is 2 bedrooms and 1 bathroom. Start you own portfolio or become your own land lord.

Last Agent to Sell the Property

Camilo Rosales

Golden Valley RealEstate Group License #01511378 Listed on: 05/12/2024

Last Buyer's Agent

Loren Hall

Miramar International Calloway License #01731841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 1974

Lot Details

  • 6,969

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Additional Features

  • 6,969 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35513114

Community Details

Overview

  • 2 Units
  • 3629 City/Bakersfiel Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,930

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1974
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1600
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2028.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Number Of Garages: 2
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 6969.00
  • Parcel #: 35513114

Multi Family

  • Total Annual Expense: 5000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 33600.00
  • Property Net Operating Income: 28600.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2024
Closed on
May 31, 2024
Sold by
Cadena Beltran Rosalba and Cadena Salvador Salvador
Bought by
Ordaz Leopoldo A and Ordaz Veronica
Seller's Agent
Camilo Rosales
Golden Valley RealEstate Group
Buyer's Agent
Loren Hall
Miramar International Calloway
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Views
41
Current Estimated Value
$450,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,707
Avg. Annual Appreciation
5.58%
Original Mortgage
$315,000
Outstanding Balance
$310,918
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$139,789

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 12, 2020
Sold by
Butcher David and The Butcher Family Trust
Bought by
Beltran Rosalba Cadena and Cadena Salvador
Seller's Agent
Brian Ostrovski
eXp Realty of California Inc
Buyer's Agent
Lee Balgeman
Miramar International Calloway
List Price
$320,000
Sold Price
$288,000
Premium/Discount to List
-$32,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$279,388
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2004
Sold by
Butcher Michael J and Butcher Joyce E
Bought by
Butcher Michael J and Butcher Joyce E

Purchase Details

Closed on
Sep 21, 2004
Sold by
Livi Butcher Michael J and Livi Mary Elizabeth Allenthorp
Bought by
Butcher Michael J and Butcher Joyce E

Purchase Details

Closed on
Oct 4, 1993
Sold by
Butcher Michael J and Butcher Joyce Ellen
Bought by
Allenthorp Mary Elizabeth and Butcher Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,700
Interest Rate
6.81%
Source: Public Records

Range of Values:

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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
Ordaz Leopoldo A $420,000 Chicago Title
Beltran Rosalba Cadena $288,000 Chicago Title Company
Butcher Michael J -- --
Butcher Michael J -- --
Allenthorp Mary Elizabeth -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordaz Leopoldo A $315,000
Previous Owner Beltran Rosalba Cadena $279,388
Previous Owner Allenthorp Mary Elizabeth $45,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $420,000 -6.6% $207 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/12/2024 05/12/24 For Sale $449,900 +56.2% $222 / Sq Ft
11/05/2020 11/05/20 Sold $288,000 -10.0% $142 / Sq Ft View Prior Sale
10/06/2020 10/06/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $320,000 -- $158 / 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 $4,930 $420,000 $85,000 $335,000
2024 $4,851 $305,627 $63,672 $241,955
2023 $4,851 $299,635 $62,424 $237,211
2022 $4,652 $293,760 $61,200 $232,560
2021 $4,443 $288,000 $60,000 $228,000
2020 $2,627 $142,960 $40,359 $102,601
2019 $2,591 $142,960 $40,359 $102,601
2018 $2,492 $137,411 $38,793 $98,618
2017 $2,455 $134,718 $38,033 $96,685
2016 $2,326 $132,078 $37,288 $94,790
2015 $2,300 $130,095 $36,728 $93,367
2014 $2,243 $127,548 $36,009 $91,539
Source: Public Records

Agents Affiliated with this Home

  • Camilo Rosales

    Seller's Agent in 2024

    Camilo Rosales

    Golden Valley RealEstate Group

    (661) 342-6732

    2 in this area

    45 Total Sales

    Camilo Rosales
    Section Image
  • Loren Hall

    Buyer's Agent in 2024

    Loren Hall

    Miramar International Calloway

    (661) 491-4255

    1 in this area

    36 Total Sales

    Loren Hall
    Section Image
  • Brian Ostrovski

    Seller's Agent in 2020

    Brian Ostrovski

    eXp Realty of California Inc

    (661) 900-6468

    1 in this area

    15 Total Sales

    Brian Ostrovski
    Section Image

  • L

    Buyer's Agent in 2020

    Lee Balgeman

    Miramar International Calloway

    (805) 975-8326

    3 in this area

    77 Total Sales

    Lee Balgeman
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404643

Bakersfield Association of REALTORS® / GEMLS

APN: 355-131-14-00-3

California Kern County Bakersfield 93309 Spice

5507 Wilson Rd, Bakersfield, CA

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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