NOT LISTED FOR SALE

720 Grace St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $274,000 - $309,000

3 Beds
1 Bath
1,835 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2022

Last sale price $240,000 $131 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,964 / mo

41 Days on Market

About This Home

As of February 2022

Duplex Northeast area, Front house is 2/1 with 2 living areas and 2 car garage, square footage is 1,135sqft (per assessors ),and rents for $1,150 monthly with long term tenants. Back house has 1/1 with 1 car garage ,square footage 700sqft (per assessors )and rents for $575 monthly with long term tenants.

Last Agent to Sell the Property

Brenda Licea

Watson Realty License #01428270 Listed on: 12/16/2021

Last Buyer's Agent

Benny Villarreal

Broker X License #01739550

Range of Values:

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

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,840 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property

Schools

  • Jefferson Bak Elementary School
  • Stiern Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 01301012

Community Details

Overview

  • 2 Units
  • Bernard Addition Subdivision

Building Details

  • Gross Income $21,600
  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

7,840 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1947
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1835.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Garage
  • Garages: 2

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Highland
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7840.00
  • Parcel #: 01301012

Multi Family

  • Total Annual Expense: 1500.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 21600.00
  • Property Net Operating Income: 20100.00

MLS Schools

  • Elementary School: Jefferson_Bak

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
Dec 16, 2021
Closed on
Feb 8, 2022
Sold by
Almerco Castro Carmen Rosa
Bought by
Seller's Agent
Brenda Licea
Watson Realty
Buyer's Agent
Benny Villarreal
Broker X
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$291,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,776
Avg. Annual Appreciation
4.19%
Original Mortgage
$180,000
Outstanding Balance
$164,240
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$124,768

Purchase Details

Closed on
Feb 23, 2015
Sold by
Smith Helen A and The Helen A Smith Family Trust
Bought by
Castro Carmen Rosa Almerco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2004
Sold by
Smith Helen A
Bought by
Smith Helen A and Helen A Smith Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Bakersfield, CA

  • Brian Cooper Real Estate Agent - eXp Realty of Greater Los Angeles Inc.

    Brian Cooper

    eXp Realty of Greater Los Angeles Inc.

    (805) 774-1304

    32 Total Sales

    1 in East Bakersfield

    $340,000 Price

    Brian Cooper
     Section Image
  • Ulices Melendez Real Estate Agent - Ulices B. Melendez, Broker

    Ulices Melendez

    Ulices B. Melendez, Broker

    (661) 241-9624

    138 Total Sales

    2 in East Bakersfield

    $50K - $260K Price Range

    Ulices Melendez
     Section Image
  • Bart Tipton Real Estate Agent - Bart Tipton, Broker

    Bart Tipton

    Bart Tipton, Broker

    (661) 384-7043

    291 Total Sales

    1 in East Bakersfield

    $215,000 Price

    Bart Tipton
     Section Image
  • William Gordon Real Estate Agent - Watson Realty

    William Gordon

    Watson Realty

    (805) 918-8011

    427 Total Sales

    15 in East Bakersfield

    $250K - $423K Price Range

    William Gordon
     Section Image
  • Ryan Stevens Real Estate Agent - Pacific Shore Real Estate, Inc

    Ryan Stevens

    Pacific Shore Real Estate, Inc

    (661) 404-7474

    90 Total Sales

    1 in East Bakersfield

    $430,000 Price

    Ryan Stevens
     Section Image
  • Vania Rincon Real Estate Agent - EstateX inc.

    Vania Rincon

    EstateX inc.

    (855) 926-9843

    46 Total Sales

    1 in East Bakersfield

    $345,000 Price

    Vania Rincon
     Section Image
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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
$240,000 Placer Title
Castro Carmen Rosa Almerco $150,000 Chicago Title Company
Smith Helen A -- --
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
Open $180,000
Previous Owner Castro Carmen Rosa Almerco $145,627
Previous Owner Castro Carmen Rosa Almerco $147,283
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
02/25/2022 02/25/22 Sold $240,000 -2.0% $131 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $245,000 -- $134 / 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
2026 $4,242 $259,781 $43,296 $216,485
2025 $4,175 $254,689 $42,448 $212,241
2024 $4,081 $249,696 $41,616 $208,080
2023 $4,081 $244,800 $40,800 $204,000
2022 $3,048 $161,746 $33,464 $128,282
2021 $2,856 $158,575 $32,808 $125,767
2020 $2,856 $156,950 $32,472 $124,478
2019 $2,734 $156,950 $32,472 $124,478
2018 $2,675 $150,858 $31,212 $119,646
2017 $2,657 $147,900 $30,600 $117,300
2016 $2,466 $145,000 $30,000 $115,000
2015 $1,315 $50,050 $15,879 $34,171
2014 -- $49,070 $15,568 $33,502
Source: Public Records

Agents Affiliated with this Home

  • BL

    Seller's Agent in 2022

    Brenda Licea

    Watson Realty

    (661) 900-4119

    9 in this area

    162 Total Sales

    Brenda Licea
    Section Image
  • Benny Villarreal Real Estate Agent - Broker X

    Buyer's Agent in 2022

    Benny Villarreal

    Broker X

    (661) 369-0909

    7 in this area

    109 Total Sales

    Benny Villarreal
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202113146

Bakersfield Association of REALTORS® / GEMLS

APN: 013-010-12-00-2

California Kern County Bakersfield 93305 East Bakersfield

720 Grace 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.

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