NOT LISTED FOR SALE

718 Bates Ave Bakersfield, CA 93307

Oakridge Neighborhood

Estimated Value: $294,000 - $354,000

2 Beds
1 Bath
1,554 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $200,000 $129 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,067/month

120 Days on Market

About This Home

As of August 2020

Duplex! Live in one and rent the other? Rent them both out? Also perfect for extended family! There are so many possibilities when you have TWO units, each having 3 bedrooms! Both units look brand new inside with fresh paint, new super durable hard surface flooring in the high traffic areas and new soft/warm carpet in all bedrooms. Just about everything your hand touches is brand new...down to the light switches and outlets! That super long driveway provides for many options including parking trailers! You will not be disappointed in the amount of space you get for such a fantastic value! Buying an exceptional property has never been easier! Seller may pay for a 2 year roof cert AND provide a home inspection from a company of YOUR CHOICE! 360 interior video available that not only shows the inside & outside of the house but also the vibrant and friendly neighborhood. Individualized & private virtual video showings are also available!

Last Agent to Sell the Property

Noah Figueroa

LPT Realty, Inc. License #02037462 Listed on: 03/28/2020

LPT Realty, Inc.

Last Buyer's Agent

Alejandra Reynoso

Elevate Realty License #02008052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,245 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property

Schools

  • Mount Vernon Elementary School
  • Sierra Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 1401111

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1554.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Sierra

Lot Info

  • Lot Size Sq Ft: 6245.00
  • Parcel #: 1401111

Multi Family

  • Total Annual Expense: 3600.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.00
  • Property Net Operating Income: 20400.00

MLS Schools

  • Elementary School: Mount Vernon

Range of Values:

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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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2020 08/25/20 Sold $200,000 -2.4% $129 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $204,900 +149.9% $132 / Sq Ft
07/26/2017 07/26/17 Sold $82,000 -20.4% $53 / Sq Ft View Prior Sale
06/26/2017 06/26/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $103,000 -- $66 / 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 $4,935 $216,485 $54,121 $162,364
2024 $4,772 $212,241 $53,060 $159,181
2023 $4,772 $208,080 $52,020 $156,060
2022 $4,460 $204,000 $51,000 $153,000
2021 $4,192 $200,000 $50,000 $150,000
2020 $2,714 $85,312 $26,010 $59,302
2019 $2,617 $85,312 $26,010 $59,302
2018 $2,537 $82,000 $25,000 $57,000
2017 $2,811 $106,059 $18,711 $87,348
2016 $2,454 $103,981 $18,345 $85,636
2015 $2,453 $102,420 $18,070 $84,350
2014 $2,382 $100,415 $17,717 $82,698
Source: Public Records

Agents Affiliated with this Home

  • Noah Figueroa

    Seller's Agent in 2020

    Noah Figueroa

    LPT Realty, Inc.

    (661) 665-6624

    38 Total Sales

    Noah Figueroa
    Section Image

  • A

    Buyer's Agent in 2020

    Alejandra Reynoso

    Elevate Realty

    (661) 578-0889

    12 Total Sales

    Alejandra Reynoso
    Section Image
  • Servando Rocha

    Seller's Agent in 2017

    Servando Rocha

    Servando Rocha, Broker

    (661) 835-0068

    18 Total Sales

    Servando Rocha
    Section Image
  • Ryan Stevens

    Buyer's Agent in 2017

    Ryan Stevens

    Pacific Shore Real Estate, Inc

    (661) 330-1246

    97 Total Sales

    Ryan Stevens
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202003374

Bakersfield Association of REALTORS® / GEMLS

APN: 140-111-12-00-5

California Kern County Bakersfield 93307 Oakridge

718 Bates Ave, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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