NOT LISTED FOR SALE

706 Monache Dr Bakersfield, CA 93308

Estimated Value: $213,000 - $256,000

3 Beds
1 Bath
907 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2021

Last sale price $130,000 $143 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,613 / mo

40 Days on Market

About This Home

As of January 2021

Let your tenant pay the Mortgage! You will reap the benefits by owning this landlord's high profit package. The front unit features 2 bedroom and 1 bathroom with a separate living room, fully equipped kitchen suite with ample storage and counter space. The backyard has a nice area to barbecue and entertain while gazing under the stars. The studio suite features a 1 bedroom, 1 bath with a kitchenette and private entrance access. The long term tenants have maintained and cared for the property over the years. Trust our judgement your money couldn't buy more. Schedule your showing today and start watching your money tree GROW!

Last Agent to Sell the Property

Jared Cope

The Cope Real Estate Team License #01506193 Listed on: 11/20/2020

Last Buyer's Agent

Jason Rodriguez

LPT Realty, Inc. License #01825023

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,364 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 907 Sq Ft Home
  • 1-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 11310213

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,300
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,364 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 907.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6364.00
  • Parcel #: 11310213

Multi Family

  • Total Annual Expense: 2800.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 15300.00
  • Property Net Operating Income: 13000.00

MLS Schools

  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Rodriguez Jason P
Bought by
Hodge Bailey Michelle and Hodge Joseph Taylor
Current Estimated Value
$236,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,960
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2012
Sold by
Blanks Irasema and The Estate Of Martin Villarrea
Bought by
Global Mlm Inc and Local Home Solutions
Source: Public Records

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hodge Bailey Michelle $223,000 Placer Title
Global Mlm Inc $22,000 Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodge Bailey Michelle $218,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $130,000 0.0% $143 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $130,000 +140.7% $143 / Sq Ft
08/13/2012 08/13/12 Sold $54,000 -6.9% $90 / Sq Ft View Prior Sale
07/14/2012 07/14/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $58,000 -- $97 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,281 $229,928 $52,020 $177,908
2024 $3,105 $225,420 $51,000 $174,420
2023 $3,105 $135,252 $41,616 $93,636
2022 $2,915 $132,600 $40,800 $91,800
2021 $1,896 $60,967 $21,023 $39,944
2020 $1,783 $60,343 $20,808 $39,535
2019 $1,760 $60,343 $20,808 $39,535
2018 $1,690 $58,000 $20,000 $38,000
2017 $1,672 $57,294 $15,915 $41,379
2016 $1,581 $56,171 $15,603 $40,568
2015 $1,565 $55,328 $15,369 $39,959
2014 $1,536 $54,245 $15,068 $39,177
Source: Public Records

Agents Affiliated with this Home

  • Jared Cope

    Seller's Agent in 2021

    Jared Cope

    The Cope Real Estate Team

    (661) 829-7269

    222 Total Sales

    Jared Cope
    Section Image
  • Jason Rodriguez

    Buyer's Agent in 2021

    Jason Rodriguez

    LPT Realty, Inc.

    (661) 220-9773

    213 Total Sales

    Jason Rodriguez
    Section Image

  • H

    Seller's Agent in 2012

    Heidi Gray

    Miramar Realty

    14 Total Sales

    Heidi Gray
    Section Image
  • Brian Ostrovski

    Buyer's Agent in 2012

    Brian Ostrovski

    eXp Realty of California Inc

    (661) 900-6468

    16 Total Sales

    Brian Ostrovski
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202012243

Bakersfield Association of REALTORS® / GEMLS

APN: 113-102-13-00-4

California Kern County Bakersfield 93308

706 Monache Dr, 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. 2026.

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