NOT LISTED FOR SALE

602 Irene St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $166,766 - $262,000

2 Beds
1 Bath
601 Sq Ft
$345/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $175,000 $291 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,249/month

1 Day on Market

About This Home

As of June 2024

602 Irene Street in Bakersfield, California, is a 3-bedroom, 1-bath home built in 1940, situated on a corner lot. Currently renting for $1,350 per month, it generates a Gross Scheduled Income of $16,200 annually. One of the bedrooms is a converted garage, adding to the living space. The property features laundry hookups, enhancing its convenience for tenants. This single-family residence blends historical charm with practical updates, making it a suitable rental option.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/20/2024

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1940

Lot Details

  • 3,484 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 601 Sq Ft Home
  • 1-Story Property

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12519018

Community Details

Overview

  • Keith Addition Subdivision

Building Details

  • Gross Income $16,200
  • Net Operating Income $10,714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Other
  • Lot Size Acres: 0.0800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 601.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 3484.00
  • Parcel #: 12519018

Multi Family

  • Total Annual Expense: 5000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 1
  • Existing Lease Type: Net
  • Annual Gross Income: 16200.00
  • Property Net Operating Income: 10714.00

MLS Schools

  • Elementary School: Noble, Myra A.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 1, 2024
Sold by
American Housing Solutions Inc
Bought by
Golden Opportunity No 17 Lp
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$250,000
Sold Price
$175,000
Premium/Discount to List
-$75,000
-30%
Views
1
Current Estimated Value
$207,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,192
Avg. Annual Appreciation
14.84%
Original Mortgage
$1,650,000
Outstanding Balance
$1,630,667
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,423,475

Purchase Details

Closed on
Oct 15, 2013
Sold by
Agopian Barouyr and 602 Irene Street Trust
Bought by
American Housing Solutions Inc

Purchase Details

Closed on
Jun 3, 2010
Sold by
Bank Of America National Association
Bought by
Agopian Barouyr and 602 Irene Street Trust

Purchase Details

Closed on
Mar 31, 2010
Sold by
Elisondo Elijah
Bought by
Bank Of America National Association

Purchase Details

Closed on
Mar 29, 2010
Sold by
Elisondo Elijah
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 21, 2003
Sold by
Soto Viera Caroline
Bought by
Elisondo Elijah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1997
Sold by
Viera Martin R and Soto Viera Caroline
Bought by
Soto Viera Caroline

Purchase Details

Closed on
Jul 14, 1997
Sold by
Viera Caroline Soto
Bought by
Soto Viera Caroline and Viera Martin R

Purchase Details

Closed on
Jun 14, 1994
Sold by
Viera Martin R
Bought by
Viera Caroline Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 1994
Sold by
Buckles Everett R and Buckles Mamie
Bought by
Viera Caroline Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.56%
Mortgage Type
Seller Take Back
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
Golden Opportunity No 17 Lp $175,000 Placer Title
American Housing Solutions Inc -- Placer Title Company
Agopian Barouyr $40,000 Fidelity National Title Co
Bank Of America National Association $38,880 Accommodation
Bank Of America National Association $38,880 Accommodation
Elisondo Elijah $59,500 Stewart Title
Soto Viera Caroline -- --
Soto Viera Caroline -- --
Viera Caroline Soto -- Commonwealth Land Title
Viera Caroline Soto $54,000 Commonwealth Land Title Co
Buckles Everett R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Opportunity No 17 Lp $1,650,000
Previous Owner Elisondo Elijah $75,600
Previous Owner Elisondo Elijah $47,600
Previous Owner Viera Caroline Soto $54,000
Closed Elisondo Elijah $11,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $175,000 -30.0% $291 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $250,000 -- $416 / 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 $1,539 $178,500 $56,100 $122,400
2024 $1,485 $50,467 $24,031 $26,436
2023 $1,485 $49,478 $23,560 $25,918
2022 $1,404 $48,509 $23,099 $25,410
2021 $1,312 $47,559 $22,647 $24,912
2020 $1,276 $47,072 $22,415 $24,657
2019 $1,227 $47,072 $22,415 $24,657
2018 $1,194 $45,246 $21,546 $23,700
2017 $1,177 $44,360 $21,124 $23,236
2016 $1,009 $43,491 $20,710 $22,781
2015 $1,008 $42,838 $20,399 $22,439
2014 $961 $42,000 $20,000 $22,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2024

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    7 in this area

    85 Total Sales

    Marc Thurston
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404986

Bakersfield Association of REALTORS® / GEMLS

APN: 125-190-18-00-9

California Kern County Bakersfield 93305 East Bakersfield

602 Irene St, Bakersfield, CA

This home is located at 602 Irene St, Bakersfield, CA 93305 since 20 May 2024 and is currently estimated at $207,192, approximately $344 per square foot. This property was built in 1940. 602 Irene St is a home located in Kern County with nearby schools including Myra A. Noble Elementary School, Washington Middle School, and Highland High School.

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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