$315,000
SOLD APR 18, 2024
1.11 Acres
$283,784 Price per Acre
48,352 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

20% Below List Price

51 Days on Market

About This Lot

As of April 2024

This R-2 vacant land listing is being sold with its neighboring property, boasting a high demand for multi-family development that is increasingly hard to come by. With its prime location and ample space, this property presents an unparalleled opportunity for the construction of apartments or townhouses. Its scarcity in the current market makes it an attractive prospect for investors and developers seeking to meet the growing demand for multi-family housing options. Don't miss out on this exceptional chance to create a thriving community in an area where such opportunities are in short supply.

Last Agent to Sell the Property

Armaan Manik

Keller Williams Realty License #02222630 Listed on: 02/13/2024

Keller Williams Realty

Last Buyer's Agent

Armaan Manik

Keller Williams Realty License #02222630 Listed on: 02/13/2024

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,756

Lot Details

  • 1.11 Acre Lot
  • Zoning described as R-2 Zoning

Schools

  • Granite Pointe Elementary School
  • Mckee Middle School
  • Golden Valley High School

Community Details

  • Kern County Land Co Sales Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37306011

Property Details

Property Type

Land

Est. Annual Taxes

$2,756

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Deposit Amount Required: 1.00
  • Property Sub Type: Lot
  • Lot Size Acres: 1.1100
  • Special Features: None
  • Stories: 0

Exterior Features

  • Water District: Bakersfield KCWA ID4

Schools

  • High School: Golden Valley
  • Middle Or Junior School: McKee

Lot Info

  • Zoning Description: R-2 Zoning
  • Lot Size Sq Ft: 48352.00
  • Additional Parcels Description: 37306012
  • Parcel #: 37306011
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Granite Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Arenaza Gisela Delia Vizcarra
Bought by
Vizcarra Trust and Arenaza

Purchase Details

Closed on
Jul 1, 2025
Sold by
True Orion
Bought by
Arenaza Gisela Delia Vizcar

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 11, 2024
Sold by
Manik Balbir and Manik Charanjit
Bought by
True Orion Inc
Seller's Agent
Armaan Manik
Keller Williams Realty
Buyer's Agent
Armaan Manik
Keller Williams Realty
List Price
$395,000
Sold Price
$315,000
Premium/Discount to List
-$80,000
-20.25%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$65,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Gift Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $315,000 All California Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2025 03/09/25 For Sale $350,000 +11.1% --
04/18/2024 04/18/24 Sold $315,000 -8.7% $8 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $345,000 -12.7% $9 / Sq Ft
02/13/2024 02/13/24 For Sale $395,000 +97.5% $10 / Sq Ft
05/10/2021 05/10/21 Sold $200,000 -9.0% $5 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $219,900 -- $5 / 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 $2,756 $321,300 $321,300 --
2024 $2,756 $212,241 $212,241 --
2023 $2,698 $208,080 $208,080 $0
2022 $2,688 $204,000 $204,000 $0
2021 $705 $39,419 $39,419 $0
2020 $687 $39,015 $39,015 $0
2019 $671 $39,015 $39,015 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202401290

Bakersfield Association of REALTORS® / GEMLS

APN: 515-110-11-00-7