NOT LISTED FOR SALE

741 S Shafter Ave Shafter, CA 93263

Estimated Value: $261,753 - $315,000

3 Beds
1 Bath
1,216 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $289,900 $238 Per Sq Ft

Current estimated payment $1,653/month

8 Days on Market

About This Home

As of June 2024

Calling all investors to this wonderful opportunity for 2 homes on 1 large lot. Great for first time home buyers. Located near downtown area, walking distance to schools and stores. 3 minute drive to Starbucks. Seller updated the properties within the last 3 years. Separate gas and electric meters and backyard area.

Last Agent to Sell the Property

Mayra Bastidas Gonzalez

Sierra Central Real Estate License #02188290 Listed on: 03/14/2024

Co-Listed By

Chantal Ayala Bastidas

Keller Williams Realty License #01964570

Last Buyer's Agent

Fernando Contreras

Sierra Central Real Estate License #01766142

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 9,583

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property

Schools

  • Golden Oak Elementary School
  • Richland Middle School
  • Shafter High School

Additional Features

  • 9,583 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 02621011

Community Details

Overview

  • 2 Units
  • 5640 Ph 02 Subdivision

Building Details

  • Gross Income $23,400
  • Net Operating Income $20,371

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Building Stories: 1
  • Deposit Amount Required: 3000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.2200
  • Co List Office Mls Id: 9052
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1216.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC, Other

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Zoning Description: Per kern County assessor site: 0201 - 2 SEPARATE RES ON 1 PARCEL. Buyer/Buyers agent to verify all & do their due diligence.
  • Lot Size Sq Ft: 9583.00
  • Parcel #: 02621011

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 23400.00
  • Property Net Operating Income: 20371.00

MLS Schools

  • Elementary School: Golden Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Bb & Bz Properties Llc
Bought by
Pena Maria Carolina and Pena Carlos A
Current Estimated Value
$290,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,930
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2015
Sold by
Bbk & Bzt Llc
Bought by
Bb & Bz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 30, 2013
Closed on
Oct 23, 2013
Sold by
Gomez Fidel M and Gomez Alicia G
Bought by
Bb & Bz Properties Llc
Seller's Agent
Anna Albiar
Coldwell Banker Preferred,RLT
Buyer's Agent
Mina Newman
Unknown Broker
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
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

Date Buyer Sale Price Title Company
Pena Maria Carolina $290,000 Placer Title
Bb & Bz Properties Llc -- Fidelity National Title Co
Bb & Bz Properties Llc $80,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Maria Carolina $202,930
Previous Owner Bb & Bz Properties Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2024 06/07/24 Sold $289,900 0.0% $238 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $289,900 +262.4% $238 / Sq Ft
11/06/2013 11/06/13 Sold $80,000 -15.8% $66 / Sq Ft View Prior Sale
10/07/2013 10/07/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $95,000 -- $78 / 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 $1,583 $295,800 $96,900 $198,900
2024 $1,529 $96,134 $24,031 $72,103
2023 $1,529 $94,250 $23,560 $70,690
2022 $1,459 $92,403 $23,099 $69,304
2021 $1,342 $90,593 $22,647 $67,946
2020 $1,279 $89,665 $22,415 $67,250
2019 $1,276 $89,665 $22,415 $67,250
2018 $1,233 $86,186 $21,546 $64,640
2017 $1,226 $84,497 $21,124 $63,373
2016 $1,164 $82,841 $20,710 $62,131
2015 $1,133 $81,597 $20,399 $61,198
2014 $1,094 $80,000 $20,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mayra Bastidas Gonzalez

    Sierra Central Real Estate

    (661) 912-9310

    2 in this area

    32 Total Sales

    Mayra Bastidas Gonzalez
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Chantal Ayala Bastidas

    Keller Williams Realty

    2 in this area

    2 Total Sales

    Chantal Ayala Bastidas
    Section Image
  • Fernando Contreras

    Buyer's Agent in 2024

    Fernando Contreras

    Sierra Central Real Estate

    (661) 205-7927

    7 in this area

    123 Total Sales

    Fernando Contreras
    Section Image
  • Anna Albiar

    Seller's Agent in 2013

    Anna Albiar

    Coldwell Banker Preferred,RLT

    (661) 616-3640

    54 Total Sales

    Anna Albiar
    Section Image

  • M

    Buyer's Agent in 2013

    Mina Newman

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202402445

Bakersfield Association of REALTORS® / GEMLS

APN: 026-210-11-00-1

California Kern County Shafter 93263

741 S Shafter Ave, Shafter, 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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