NOT LISTED FOR SALE

717 El Tejon Ave Bakersfield, CA 93308

Estimated Value: $290,000 - $352,000

3 Beds
1 Bath
1,977 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $220,000 $111 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,026/month

34 Days on Market

About This Home

As of December 2021

This 2 home on one lot property is located in a highly popular rental area and a great addition to any investors portfolio. The large front unit features 1236 sq ft with 2 br and 1 bath. It also has an updated kitchen with granite counter tops and an updated bathroom with tiled shower. It is rented to a long term tenant for $930/month but with current market rates there is plenty of room to raise it up and bring it to fair market rent. The back unit features 741 sq feet and has 1 bedroom and 1 bath. Currently rented for $675/month there is room to raise the rate on this unit to bring it to current market rates as well. Both homes have their own driveway/parking area and they are completely fenced off from one another.

Last Agent to Sell the Property

Andrew Ianiero

Miramar International Calloway License #01892572 Listed on: 10/11/2021

Last Buyer's Agent

Nik Boone

Ascend Real Estate and Propert License #01892266

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Beardsley Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11303202

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $19,200
  • Net Operating Income $14,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1935
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1977.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Parcel #: 11303202

Multi Family

  • Total Annual Expense: 4980.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.00
  • Property Net Operating Income: 14220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 13, 2021
Sold by
Boone Mackenzie
Bought by
Boone Nikolas Troy
Seller's Agent
Andrew Ianiero
Miramar International Calloway
Buyer's Agent
Nik Boone
Ascend Real Estate and Propert
List Price
$229,460
Sold Price
$220,000
Premium/Discount to List
-$9,460
-4.12%
Current Estimated Value
$314,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,725
Avg. Annual Appreciation
9.17%
Original Mortgage
$165,000
Outstanding Balance
$151,818
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$162,907

Purchase Details

Closed on
Nov 8, 2001
Sold by
Duval Michael D and Duval Rachel A
Bought by
Boone Nikolas Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.14%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Boone Nikolas Troy -- Ticor Title
Boone Nikolas Troy $220,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone Nikolas Troy $165,000
Previous Owner Boone Nikolas Troy $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $220,000 -4.1% $111 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $229,460 +108.6% $116 / Sq Ft
09/03/2014 09/03/14 Sold $110,000 -4.3% $56 / Sq Ft View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $114,900 +99.8% $58 / Sq Ft
01/09/2014 01/09/14 Sold $57,500 -27.2% $29 / Sq Ft View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
09/08/2013 09/08/13 For Sale $79,000 -- $40 / 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 $4,557 $233,465 $42,448 $191,017
2024 $4,435 $228,888 $41,616 $187,272
2023 $4,435 $224,400 $40,800 $183,600
2022 $4,210 $220,000 $40,000 $180,000
2021 $2,888 $122,130 $22,204 $99,926
2020 $2,888 $120,879 $21,977 $98,902
2019 $2,733 $120,879 $21,977 $98,902
2018 $2,639 $116,187 $21,125 $95,062
2017 $2,587 $113,910 $20,711 $93,199
2016 $2,468 $111,677 $20,305 $91,372
2015 $2,413 $110,000 $20,000 $90,000
2014 $1,617 $42,465 $7,062 $35,403
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202111063

Bakersfield Association of REALTORS® / GEMLS

APN: 113-032-02-00-2