NOT LISTED FOR SALE

Estimated Value: $157,000 - $234,000

2 Beds
1 Bath
601 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2024

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

Est. 16% increase in value since last sale

Current estimated payment $1,365 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1940

Lot Details

3,484 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 1, 2024
Sold by
Bought by
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
$202,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,367
Avg. Annual Appreciation
4.63%
Original Mortgage
$1,650,000
Outstanding Balance
$1,614,318
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,421,101

Purchase Details

Closed on
Oct 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jul 14, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Bakersfield, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 Placer Title
-- Placer Title Company
$40,000 Fidelity National Title Co
$38,880 Accommodation
$38,880 Accommodation
$59,500 Stewart Title
-- --
-- --
-- Commonwealth Land Title
-- --
$54,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,650,000
Previous Owner $75,600
Previous Owner $47,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,062 $182,070 $57,222 $124,848
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

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404986

Bakersfield Association of REALTORS® / GEMLS

APN: 125-190-18-00-9

Your Personal Tour Guide

Ask me questions while you tour the home.