NOT LISTED FOR SALE

Lamont, CA 93241

Estimated Value: $105,000 - $217,000

2 Beds
1 Bath
955 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $40,000 $42 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $928/month

33 Days on Market

About This Home

As of June 2012

Price reduced on this great investment opportunity on this Bank REO. This home features two befrooms one bath on a nice size lot. Large lot perfect for parking RV. All cash offers only will not qualify for financing.

Last Agent to Sell the Property

Edward Bierman

Unknown Broker License #786801 Listed on: 04/17/2012

Last Buyer's Agent

Frederick Rowan

Unknown Broker License #01894194

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 7,042 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Composition Roof

Interior Spaces

  • 955 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Vineland Elementary School
  • Sunset Middle School
  • Arvin High School

Listing and Financial Details

  • Assessor Parcel Number 18713125

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

7,042 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1926
  • Building Stories: 1
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1617
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 955.00

Exterior Features

  • Roof: Composition
  • Disclosures: REO
  • Pool Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Heatcool: Other

Schools

  • High School: Arvin
  • Middle Or Junior School: Sunset

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7042.00
  • Parcel #: 18713125

MLS Schools

  • Elementary School: Vineland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jun 1, 2012
Sold by
The Bank Of New York Mellon
Bought by
Cortez Robert and Cortez Amalia
Seller's Agent
Edward Bierman
Unknown Broker
Buyer's Agent
Frederick Rowan
Unknown Broker
List Price
$29,900
Sold Price
$40,000
Premium/Discount to List
$10,100
33.78%
Current Estimated Value
$161,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,749
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Jan 11, 2012
Sold by
Montanez Teofilo
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 17, 2003
Sold by
Likens Ruth L and Ruth L Likens Trust
Bought by
Montanez Teofilo V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,470
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1997
Sold by
Mcghee Ruth L and Mcghee Ruth L
Bought by
Likens Ruth L and Ruth L Likens Trust
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
Cortez Robert $40,000 Stewart Title Of California
The Bank Of New York Mellon $41,250 Landsafe Title
Montanez Teofilo V $47,500 Ticor Title
Likens Ruth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montanez Teofilo V $46,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2012 06/20/12 Sold $40,000 +33.8% $42 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $29,900 -- $31 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $1,128 $50,231 $31,394 $18,837
2024 $1,086 $49,247 $30,779 $18,468
2023 $1,086 $48,282 $30,176 $18,106
2022 $1,022 $47,336 $29,585 $17,751
2021 $992 $46,408 $29,005 $17,403
2020 $951 $45,933 $28,708 $17,225
2019 $943 $45,933 $28,708 $17,225
2018 $902 $44,152 $27,595 $16,557
2017 $897 $43,287 $27,054 $16,233
2016 $862 $42,439 $26,524 $15,915
2015 $856 $41,802 $26,126 $15,676
2014 $840 $40,984 $25,615 $15,369
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Edward Bierman

    Unknown Broker

  • F

    Buyer's Agent in 2012

    Frederick Rowan

    Unknown Broker

See All Agents

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21204208

Bakersfield Association of REALTORS® / GEMLS

APN: 187-131-25-00-0

California Kern County Lamont

93241

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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