NOT LISTED FOR SALE

723 Water St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $300,000 - $326,901

6 Beds
1 Bath
2,345 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2020

Last sale price $210,000 $90 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,145 / mo

30 Days on Market

About This Home

As of September 2020

Nice 2 homes on 1 lot!! The homes are tenant occupied. Front unit is a four bedroom and two bath and the back unit is three bedrooms and two baths with alley access!! Come by and take a look at this awesome opportunity!

Last Agent to Sell the Property

David Bernal

Unknown Broker License #02006017 Listed on: 07/06/2020

Last Buyer's Agent

Suzanne Harandi

RE/MAX Golden Empire

RE/MAX Golden Empire

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,917

Parking

  • Carport

Home Design

  • Duplex

Interior Spaces

  • 2,345 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,917 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 12511107

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $19,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

6,917 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1915
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2345.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative

Lot Info

  • Lot Size Sq Ft: 6917.00
  • Parcel #: 12511107

Multi Family

  • Total Annual Expense: 500.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.00
  • Property Net Operating Income: 19900.00

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
Jul 6, 2020
Closed on
Jul 28, 2020
Sold by
Hernandez Ernesto and Hernandez Maria Antonia
Bought by
Seller's Agent
David Bernal
Unknown Broker
Buyer's Agent
Suzanne Harandi
RE/MAX Golden Empire
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Current Estimated Value
$320,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,220
Avg. Annual Appreciation
6.86%
Original Mortgage
$206,196
Outstanding Balance
$178,743
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$134,232

Purchase Details

Closed on
Jan 29, 1999
Sold by
Hernandez Ernesto P and Hernandez Antonia P
Bought by
Hernandez Ernesto and Hernandez Maria Antonia
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

  • Sylvia Cable Real Estate Agent - Watson Realty

    Sylvia Cable

    Watson Realty

    (661) 427-2949

    41 Total Sales

    1 in East Bakersfield

    $180,500 Price

    Sylvia Cable
     Section Image
  • Ernesto Osuna Real Estate Agent - D Best Realty, Inc.

    Ernesto Osuna

    Responds Quickly

    D Best Realty, Inc.

    (661) 451-5689

    162 Total Sales

    13 in East Bakersfield

    $175K - $360K Price Range

    Ernesto Osuna
     Section Image
  • Whenrica McAfee Real Estate Agent - Excellence RE Real Estate

    Whenrica McAfee

    Excellence RE Real Estate

    (951) 848-5254

    35 Total Sales

    1 in East Bakersfield

    $420,000 Price

    Whenrica McAfee
     Section Image
  • Gerardo Morales Real Estate Agent - Equity Smart Real Estate Services

    Gerardo Morales

    Equity Smart Real Estate Services

    (323) 766-6330

    19 Total Sales

    2 in East Bakersfield

    $279,900 Price Range

    Gerardo Morales
     Section Image
  • Janeth Valencia Real Estate Agent - Infinity Real Estate Services

    Janeth Valencia

    Infinity Real Estate Services

    (877) 461-5347

    23 Total Sales

    4 in East Bakersfield

    $200K - $275K Price Range

    Janeth Valencia
     Section Image
  • Joshua Glaz Real Estate Agent - The Ave

    Joshua Glaz

    The Ave

    (657) 325-8448

    259 Total Sales

    1 in East Bakersfield

    $685,000 Price

    Joshua Glaz
     Section Image
See All Agents

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
$210,000 Chicago Title Company
Hernandez Ernesto -- --
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 $206,196
Previous Owner Hernandez Ernesto $92,000
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
09/04/2020 09/04/20 Sold $210,000 +2.4% $90 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $205,000 -- $87 / 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 $4,537 $227,438 $33,121 $194,317
2025 $4,435 $222,979 $32,472 $190,507
2024 $4,304 $218,608 $31,836 $186,772
2023 $4,304 $214,322 $31,212 $183,110
2022 $4,073 $210,120 $30,600 $179,520
2021 $3,877 $206,000 $30,000 $176,000
2020 $3,189 $153,104 $12,465 $140,639
2019 $3,079 $153,104 $12,465 $140,639
2018 $2,997 $147,161 $11,982 $135,179
2017 $2,962 $144,277 $11,748 $132,529
2016 $2,558 $141,449 $11,518 $129,931
2015 $2,541 $138,000 $35,000 $103,000
2014 $2,124 $106,000 $26,500 $79,500
Source: Public Records

Agents Affiliated with this Home

  • DB

    Seller's Agent in 2020

    David Bernal

    Unknown Broker

    Section Image
  • Suzanne Harandi Real Estate Agent - RE/MAX

    Buyer's Agent in 2020

    Suzanne Harandi

    RE/MAX

    (661) 332-9868

    1 in this area

    161 Total Sales

    Suzanne Harandi
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202006617

Bakersfield Association of REALTORS® / GEMLS

APN: 125-111-07-00-0

California Kern County Bakersfield 93305 East Bakersfield

723 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.

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