NOT LISTED FOR SALE

729 Knotts St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $242,000 - $294,000

2 Beds
1 Bath
900 Sq Ft
$295/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2025

Last sale price $272,000 $302 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,656 / mo

14 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • 4-minute walk to Jefferson Park
  • Evaporated cooling system

About This Home

As of August 2025

Classic 2 houses on a large corner lot in East Bakersfield. The front house is a 2 bedroom/1bath 900 SF home renting $1350 paying month-to-month,, was refurbished 3 years ago.. The rear house is a large 462 SF studio with its own fenced yard renting for $875, section 8, refurbished just last year. There is a 3rd structure: Detached garage with a brand new roof. Property is zoned R-3, so this can easily be converted to a 3rd rental unit! The property has a current Clear Termite Report. A 2-year Roof Certification on all 3 structures will be provided to the buyer..The homes have separate gas/electric meters. Both unit are permitted as per county records (on file). Rear unit is on lease until Nov 2025. As a bonus, the property is in the Opportunity Zone. Listing agent is also owner. Possible assumable loan of $107K.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 06/27/2025

Keller Williams Realty

Last Buyer's Agent

Benny Villarreal

Broker X License #01739550

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 9,583

Home Design

  • Duplex

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Additional Features

  • 9,583 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 12532016

Community Details

Overview

  • 2 Units
  • Keith Addition Subdivision

Building Details

  • Gross Income $26,700
  • Net Operating Income $18,257

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1935
  • Building Stories: 1
  • Deposit Amount Required: 3000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.2200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 900.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Number Of Garages: 1
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R-3 (1500 SF of lot space per dwelling)
  • Lot Size Sq Ft: 9583.00
  • Parcel #: 12532016

Multi Family

  • Total Annual Expense: 8443.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 26700.00
  • Property Net Operating Income: 18257.00

MLS Schools

  • Elementary School: Noble, Myra A.

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 27, 2025
Closed on
Jul 23, 2025
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Benny Villarreal
Broker X
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%
Views
20
Current Estimated Value
$265,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,085
Avg. Annual Appreciation
-2.75%
Original Mortgage
$258,400
Outstanding Balance
$257,954
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$7,961

Purchase Details

Closed on
Jan 20, 2022
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
$117,500
Interest Rate
3.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 1999
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
$47,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$272,000 Ticor Title Company
$130,000 Chicago Title
$424,000 Placer Title Company
-- Placer Title Company
-- None Available
-- First American Title Co
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 $258,400
Previous Owner $117,500
Previous Owner $47,000
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
08/29/2025 08/29/25 Sold $272,000 -1.1% $302 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $275,000 -- $306 / 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 $2,638 $116,732 $84,896 $31,836
2024 $2,560 $114,444 $83,232 $31,212
2023 $2,560 $112,200 $81,600 $30,600
2022 $1,800 $55,001 $22,016 $32,985
2021 $1,695 $53,924 $21,585 $32,339
2020 $1,695 $53,372 $21,364 $32,008
2019 $1,584 $53,372 $21,364 $32,008
2018 $1,549 $51,302 $20,536 $30,766
2017 $1,524 $50,297 $20,134 $30,163
2016 $1,237 $49,312 $19,740 $29,572
2015 $1,236 $48,572 $19,444 $29,128
2014 $1,135 $43,260 $19,364 $23,896
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2025

    Philip Jordan

    Keller Williams Realty

    (805) 453-8353

    21 in this area

    130 Total Sales

    Philip Jordan
    Section Image
  • Benny Villarreal

    Buyer's Agent in 2025

    Benny Villarreal

    Broker X

    (661) 369-0909

    7 in this area

    110 Total Sales

    Benny Villarreal
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202507270

Bakersfield Association of REALTORS® / GEMLS

APN: 125-320-16-00-0

California Kern County Bakersfield 93305 East Bakersfield

729 Knotts 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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