NOT LISTED FOR SALE

705 Meadow Grove Ct Bakersfield, CA 93308

North Country Meadows Neighborhood

Estimated Value: $660,000 - $922,000

10 Beds
8 Baths
4,463 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $2,625,000 $588 Per Sq Ft

Current estimated payment $5,535/month

209 Days on Market

About This Home

As of March 2016

This listing includes a total of Five, Fourplexes 705, 709, 713, 717, 721 Meadow Grove Ct. for a total of 20 units. Each Fourplex consists of 2, 2BR/2BA and 2, 3BR/2/BA and each unit has an attached 2 car garage. The West Day Ranch Apartments consist of 104 units and are being sold in groups per attachment.

Last Agent to Sell the Property

Vernon Gunter

Miramar International Commerci License #979445 Listed on: 07/21/2015

Last Buyer's Agent

Vernon Gunter

Miramar International Commerci License #979445 Listed on: 07/21/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,029

Year Built

  • Built in 2006

Lot Details

  • 0.49 Acre Lot

Parking

  • 20 Car Garage

Interior Spaces

  • 4,463 Sq Ft Home
  • 1-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 49149205

Community Details

Overview

  • 20 Units

Building Details

  • Gross Income $240,000
  • Net Operating Income $177,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,029

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2006
  • Building Stories: 1
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4463.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking: 40.00
  • Parking Features: Garage
  • Garages: 20

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 21204.00
  • Parcel #: 49149205

Multi Family

  • Total Annual Expense: 62400.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 20
  • Annual Gross Income: 240000.00
  • Property Net Operating Income: 177600.00

MLS Schools

  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2016
Sold by
Arasu Susila and Arasu O L
Bought by
Jjbf Llc and Ksbfld Llc
Current Estimated Value
$812,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2016
Sold by
Arasu Grsusila and Arasu Lakshmana O
Bought by
Arasu Susila and Arasu O L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2015
Sold by
Cartagena Group Ltd
Bought by
Arasu Lakshmana O and Arasu Susila
Source: Public Records

Range of Values:

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

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
Jjbf Llc $5,350,000 Commonwealth Land Title
Arasu Susila -- None Available
Arasu Lakshmana O $500,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jjbf Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $2,625,000 0.0% $588 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
07/21/2015 07/21/15 For Sale $2,625,000 -- $588 / 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 $13,029 $692,437 $185,711 $506,726
2024 $13,029 $678,861 $182,070 $496,791
2023 $12,605 $665,550 $178,500 $487,050
2022 $11,309 $585,098 $76,554 $508,544
2021 $10,892 $573,626 $75,053 $498,573
2020 $10,518 $567,745 $74,284 $493,461
2019 $10,379 $567,745 $74,284 $493,461
2018 $10,017 $545,700 $71,400 $474,300
2017 $9,691 $510,000 $71,400 $438,600
2016 $7,430 $379,000 $57,000 $322,000
2015 $7,381 $379,000 $57,000 $322,000
2014 $7,071 $357,000 $65,000 $292,000
Source: Public Records

Agents Affiliated with this Home

  • Vernon Gunter

    Seller's Agent in 2016

    Vernon Gunter

    Miramar International Commerci

    (661) 858-3359

    7 Total Sales

    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21508724

Bakersfield Association of REALTORS® / GEMLS

APN: 491-492-05-00-2

California Kern County Bakersfield 93308 North Country Meadows

705 Meadow Grove Ct, Bakersfield, CA

This home is located at 705 Meadow Grove Ct, Bakersfield, CA 93308 since 21 July 2015 and is currently estimated at $818,333, approximately $183 per square foot. This property was built in 2006. 705 Meadow Grove Ct is a home located in Kern County with nearby schools including Wingland Elementary School, Standard Middle School, and North 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.

Nearby Homes