NOT LISTED FOR SALE

701 Spring Meadow Ct Unit 1-2 Bakersfield, CA 93308

Meadow View Neighborhood

Estimated Value: $351,760 - $529,000

2 Beds
2 Baths
1,590 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 08, 2012

Last sale price $167,500 $105 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,890/month

27 Days on Market

About This Home

As of August 2012

Fantastic duplex located in the heart of Bakersfield in Meadow View area. Each duplex unit features 2 large bedrooms and 1 full bath, 1 car attached garage each with private enclosed patio. Must see!

Last Agent to Sell the Property

Edward Paine

Unknown Broker License #01780056 Listed on: 06/12/2012

Last Buyer's Agent

Gary Belter

Coldwell Banker Preferred,RLT License #00398738

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 2005

Lot Details

  • 6,842 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property

Schools

  • Highland Elementary School
  • Standard Middle School
  • North High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 49141243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1590.00

Exterior Features

  • Disclosures: REO

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 6842.00
  • Parcel #: 49141243

Multi Family

  • Vacancy Factor: 0.01
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Aug 22, 2012
Sold by
Lazzerini Michael W
Bought by
Lazzerini Michael W and Lazzerini Nicole G
Seller's Agent
Edward Paine
Unknown Broker
Buyer's Agent
Gary Belter
Coldwell Banker Preferred,RLT
List Price
$160,000
Sold Price
$167,500
Premium/Discount to List
$7,500
4.69%
Current Estimated Value
$456,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,681
Avg. Annual Appreciation
7.60%
Original Mortgage
$126,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2012
Closed on
Aug 3, 2012
Sold by
Lazzerini Nicole George
Bought by
Lazzerini Michael W
Seller's Agent
Edward Paine
Unknown Broker
Buyer's Agent
Gary Belter
Coldwell Banker Preferred,RLT
List Price
$160,000
Sold Price
$167,500
Premium/Discount to List
$7,500
4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2012
Closed on
Jul 27, 2012
Sold by
U S Bank National Association
Bought by
Lazzerini Michael W
Seller's Agent
Edward Paine
Unknown Broker
Buyer's Agent
Gary Belter
Coldwell Banker Preferred,RLT
List Price
$160,000
Sold Price
$167,500
Premium/Discount to List
$7,500
4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Bravo Venie M and Bravo Elizabeth D
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 14, 2006
Sold by
Riverwood 88 Corp
Bought by
Bravo Venie M and Bravo Elizabeth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.48%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 7, 2005
Sold by
North Country Meadows Inc
Bought by
Riverwood 88 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lazzerini Michael W -- None Available
Lazzerini Michael W -- Lsi Title Company Ca
Lazzerini Michael W $167,500 Lis Title Company Ca
U S Bank National Association $164,000 None Available
Bravo Venie M $365,000 Ticor Title Company Of Ca
Riverwood 88 Corp $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazzerini Michael W $125,000
Closed Lazzerini Michael W $126,000
Previous Owner Bravo Venie M $292,000
Previous Owner Riverwood 88 Corp $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2012 08/08/12 Sold $167,500 +4.7% $105 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $160,000 -- $101 / 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 $4,703 $206,252 $30,779 $175,473
2024 $4,541 $202,209 $30,176 $172,033
2023 $4,541 $198,245 $29,585 $168,660
2022 $4,318 $194,358 $29,005 $165,353
2021 $4,122 $190,548 $28,437 $162,111
2020 $3,962 $188,595 $28,146 $160,449
2019 $3,910 $188,595 $28,146 $160,449
2018 $3,774 $181,273 $27,054 $154,219
2017 $3,744 $177,720 $26,524 $151,196
2016 $3,442 $174,236 $26,004 $148,232
2015 $3,392 $171,620 $25,614 $146,006
2014 $3,325 $168,259 $25,113 $143,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21206299

Bakersfield Association of REALTORS® / GEMLS

APN: 491-412-43-00-8