NOT LISTED FOR SALE

7400 Hermosa Rd Bakersfield, CA 93307

Estimated Value: $479,000 - $597,000

9.82 Acres
$56,434 Price per Acre
427,759 Sq Ft Lot

Last Sold July 05, 2024

Last sale price $560,000 $510 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,409/month

23 Days on Market

About This Lot

As of July 2024

Country living, great opportunity on this large lot with almost 10 acres. This property offers 3 bedrooms 1 bath, indoor laundry room, living room and spacious kitchen. Bring your imagination alive, there is plenty of room to build a pool, shop and lots of parking space.

Last Agent to Sell the Property

Jon Busby

Team Busby Real Estate License #974087 Listed on: 05/31/2024

Last Buyer's Agent

Harjeet Singh

Keller Williams Realty License #02227532

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,664

Lot Details

  • 9.82 Acre Lot
  • Zoning described as A1 per MLS layer map, Use code Single Family Residential

Schools

  • Virginia Avenue Elementary School
  • Fairfax Middle School
  • Mira Monte High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 17425030

Property Details

Property Type

Land

Est. Annual Taxes

$4,664

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Deposit Amount Required: 10500.00
  • Property Sub Type: Agricultural
  • Lot Size Acres: 9.8200
  • Special Features: None
  • Stories: 0

Exterior Features

  • Water District: Well

Schools

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

Lot Info

  • Zoning Description: A1 per MLS layer map, Use code Single Family Residential
  • Lot Size Sq Ft: 427759.00
  • Parcel #: 17425030

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Virginia Avenue

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Martin Paul H
Bought by
Kern Delta Water District
Current Estimated Value
$554,184

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 18, 2024
Sold by
Harrison Martin Paul and Martin Paul H
Bought by
Singh Ravinder
Seller's Agent
Jon Busby
Team Busby Real Estate
Buyer's Agent
Harjeet Singh
Keller Williams Realty
List Price
$699,900
Sold Price
$560,000
Premium/Discount to List
-$139,900
-19.99%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.79%
Original Mortgage
$420,000
Outstanding Balance
$415,311
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$133,252

Purchase Details

Closed on
Sep 15, 2022
Sold by
Paul Martin
Bought by
Kern Delta Water District

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2008
Sold by
Martin Ereka
Bought by
Martin Paul

Purchase Details

Closed on
Nov 14, 2007
Sold by
Ford Virginia
Bought by
Ford Virginia

Purchase Details

Closed on
Oct 29, 2007
Sold by
Ford Clinton Eugene and Ford Clinton
Bought by
Ford Virginia

Purchase Details

Closed on
Jan 8, 1999
Sold by
Nord Daniel J
Bought by
Ford Clinton and Ford Virginia
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Kern Delta Water District -- --
Singh Ravinder $560,000 Placer Title
Singh Ravinder $560,000 Placer Title
Singh Ravinder -- Placer Title
Kern Delta Water District -- --
Martin Paul -- Stewart Title Of California
Martin Paul $120,000 Stewart Title Of California
Ford Virginia -- None Available
Ford Virginia -- None Available
Ford Clinton $65,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Ravinder $420,000
Closed Singh Ravinder $420,000
Previous Owner Martin Paul $150,000
Previous Owner Martin Paul $0
Previous Owner Martin Paul $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $560,000 -20.0% $510 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $699,900 -- $637 / 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 $4,664 $560,000 $400,000 $160,000
2024 $2,330 $344,000 $200,000 $144,000
2023 $2,330 $151,488 $132,558 $18,930
2022 $2,248 $148,518 $129,959 $18,559
2021 $2,156 $145,607 $127,411 $18,196
2020 $2,093 $144,115 $126,105 $18,010
2019 $2,059 $144,115 $126,105 $18,010
2018 $2,008 $138,520 $121,209 $17,311
2017 $1,985 $135,805 $118,833 $16,972
2016 $1,823 $133,143 $116,503 $16,640
2015 $1,818 $131,145 $114,754 $16,391
2014 $1,780 $128,577 $112,507 $16,070
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202405304

Bakersfield Association of REALTORS® / GEMLS

APN: 174-250-30-00-8