NOT LISTED FOR SALE

717 Water St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $224,000 - $262,795

3 Beds
1 Bath
728 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2021

Last sale price $162,500 $223 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,559 / mo

33 Days on Market

About This Home

As of August 2021

Attention Investors! Check out this recently remodeled, Cash Flowing 2 unit property. $1545 total monthly rent. Front house is 2 bed/1 bath, 728 sf, rented at $895. Back house is a 320 sf studio, rented at $650. Both units were remodeled about 6 months ago & feature some major upgrades including: new water heater, bathroom plumbing, main drain line & carpet in front unit; new window AC/heating unit & tile in back unit. Both tenants are on month to month leases & current on rent. Front house has a swamp cooler, back unit has new wall AC/heating unit. Tenant occupied & will be delivered w/ tenants in place. Being sold AS-IS, no repairs, should qualify for conventional financing.

Last Agent to Sell the Property

Amber Smith

Broker X License #02061219 Listed on: 06/14/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,969

Parking

  • Uncovered Parking

Home Design

  • Duplex

Schools

  • Downtown Elementary School
  • Highland School

Additional Features

  • 1-Story Property
  • 6,969 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 12511105

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,540
  • Net Operating Income $15,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1938
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Other

Schools

  • High School: Highland

Lot Info

  • Lot Size Sq Ft: 6969.00
  • Parcel #: 12511105

Multi Family

  • Total Annual Expense: 2400.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 18540.00
  • Property Net Operating Income: 15960.00

MLS Schools

  • Elementary School: Downtown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 28, 2021
Sold by
Bought by
Seller's Agent
Amber Smith
Broker X
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$180,000
Sold Price
$162,500
Premium/Discount to List
-$17,500
-9.72%
Current Estimated Value
$234,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,949
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Feb 28, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$162,500 Placer Title Company
-- None Available
$65,000 Stewart Title Of California
$20,000 Stewart Title Of California
-- Stewart Title Of California
$20,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $48,750
Previous Owner $18,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $162,500 -9.7% $223 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $180,000 -- $247 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,512 $172,976 $42,448 $130,528
2024 $3,402 $169,585 $41,616 $127,969
2023 $3,402 $166,260 $40,800 $125,460
2022 $3,195 $163,000 $40,000 $123,000
2021 $2,024 $76,926 $17,750 $59,176
2020 $1,946 $76,138 $17,568 $58,570
2019 $1,886 $76,138 $17,568 $58,570
2018 $1,827 $73,184 $16,887 $56,297
2017 $1,802 $71,750 $16,556 $55,194
2016 $1,600 $70,344 $16,232 $54,112
2015 $1,599 $69,289 $15,989 $53,300
2014 $1,538 $67,932 $15,676 $52,256
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Amber Smith

    Broker X

    (661) 717-9509

    1 in this area

    10 Total Sales

    Amber Smith
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202106588

Bakersfield Association of REALTORS® / GEMLS

APN: 125-111-05-00-4

California Kern County Bakersfield 93305 East Bakersfield

717 Water St, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.