NOT LISTED FOR SALE

714 Washington Ave Bakersfield, CA 93308

Estimated Value: $349,229 - $360,000

4 Beds
2 Baths
1,802 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $350,000 $194 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,148/month

11 Days on Market

About This Home

As of December 2024

Fantastic investment opportunity with a newly renovated and turn-key duplex in North Bakersfield. Conveniently located near schools, shopping, and freeway access. No need to mess around with a fixer upper or grossly under market rents! This is an ideal package with two 2 bed, 1 bath units, each with their own garage and laundry hookups. Beautiful newly remodeled kitchen and baths featuring stainless appliances, recessed lighting, and new fixtures inlcuding automatic touchless kitchen faucets. The roof, HVAC units, and all windows have been upgraded too!

Last Agent to Sell the Property

Darron Mason

eXp Realty - Bakersfield License #01464680 Listed on: 11/14/2024

Last Buyer's Agent

Mirna Acevedo

Miramar Realty License #01990201

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,534

Home Design

  • Duplex

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11304220

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $37,044
  • Net Operating Income $27,044

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1978
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1500
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1802.00

Exterior Features

  • Disclosures: Call Listing Agent, Corp. Owned

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R-1 Duplex
  • Lot Size Sq Ft: 6534.00
  • Parcel #: 11304220

Multi Family

  • Total Annual Expense: 10000.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 37044.00
  • Property Net Operating Income: 27044.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 3, 2024
Sold by
Hh Investment Inc
Bought by
Estrada Montano Cecilia
Seller's Agent
Darron Mason
eXp Realty - Bakersfield
Buyer's Agent
Mirna Acevedo
Miramar Realty
List Price
$350,000
Sold Price
$350,000
Views
12
Current Estimated Value
$353,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,057
Avg. Annual Appreciation
0.87%
Original Mortgage
$322,000
Outstanding Balance
$319,463
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$33,594

Purchase Details

Listed on
Jul 10, 2024
Closed on
Oct 1, 2024
Sold by
2023 Hoang Hocking Revocable Trust and Hocking Hoang
Bought by
Hh Investment Inc
Seller's Agent
David Bradshaw
Century 21 Jordan-Link & Co
Buyer's Agent
Darron Mason
eXp Realty - Bakersfield
List Price
$309,000
Sold Price
$255,000
Premium/Discount to List
-$54,000
-17.48%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,230
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2023
Sold by
2011 William Allen Hocking and Hoang Hoc
Bought by
2023 Hoang Hocking Revocable Trust and Hocking

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 4, 2013
Sold by
Jensen Jan Niels and Jensen Josephine L
Bought by
Hocking William Allen and 2011 William Allen Hocking
Seller's Agent
Allison Kitchen
Kitchen Real Estate Services
Buyer's Agent
David Bradshaw
Century 21 Jordan-Link & Co
List Price
$119,990
Sold Price
$125,000
Premium/Discount to List
$5,010
4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$93,750
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2000
Sold by
Mae Briscoe Randel L and Mae Anna
Bought by
Jensen Jan Niels and Jensen Josephine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
8.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Estrada Montano Cecilia $350,000 Chicago Title
Montano Cecilia Estrada $350,000 Chicago Title
Hh Investment Inc $255,000 Ticor Title
2023 Hoang Hocking Revocable Trust -- None Listed On Document
Hocking William Allen $125,000 Chicago Title Company
Jensen Jan Niels $62,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montano Cecilia Estrada $322,000
Closed Estrada Montano Cecilia $322,000
Previous Owner Hh Investment Inc $254,230
Previous Owner Hocking William Allen $93,750
Previous Owner Jensen Jan Niels $43,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2024 12/26/24 Sold $350,000 0.0% $194 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $350,000 +37.3% $194 / Sq Ft
10/16/2024 10/16/24 Sold $255,000 0.0% $142 / Sq Ft View Prior Sale
09/26/2024 09/26/24 Pending -- -- --
07/23/2024 07/23/24 Off Market $255,000 -- --
07/12/2024 07/12/24 For Sale $309,000 +147.2% $171 / Sq Ft
06/07/2013 06/07/13 Sold $125,000 +4.2% $69 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $119,990 -- $67 / 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 $3,636 $350,000 $60,000 $290,000
2024 $3,525 $150,900 $36,214 $114,686
2023 $3,525 $147,942 $35,504 $112,438
2022 $3,310 $145,042 $34,808 $110,234
2021 $3,134 $142,199 $34,126 $108,073
2020 $3,003 $140,742 $33,777 $106,965
2019 $2,973 $140,742 $33,777 $106,965
2018 $2,873 $135,278 $32,466 $102,812
2017 $2,817 $132,627 $31,830 $100,797
2016 $2,683 $130,027 $31,206 $98,821
2015 $2,621 $128,075 $30,738 $97,337
2014 $2,564 $125,567 $30,136 $95,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411731

Bakersfield Association of REALTORS® / GEMLS

APN: 113-042-20-00-7