$490,000
SOLD DEC 12, 2023
5 Acres
$94,231 Price per Acre
226,512 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

51% Below List Price

118 Days on Market

About This Lot

As of December 2023

Ideal property for multi-housing development. This is an infield property. Seller is selling 2 separate parcels APN's 118-120-27 & 28, both parcel sold together $1,000,000.00.

Last Agent to Sell the Property

Joseph Leon

Americana Real Estate & Invest License #447658 Listed on: 06/03/2023

Last Buyer's Agent

Joseph Leon

Americana Real Estate & Invest License #447658 Listed on: 06/03/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,496

Lot Details

  • 5.2 Acre Lot
  • Zoning described as R-3, Minimum 20 units per acre. 100 units total

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11812027

Property Details

Property Type

Land

Est. Annual Taxes

$4,496

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Deposit Amount Required: 30000.00
  • Property Sub Type: Acreage
  • Lot Size Acres: 5.2000
  • Special Features: None
  • Stories: 0

Exterior Features

  • Water District: North of the River Water and Sewer
  • Disclosures: Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: R-3, Minimum 20 units per acre. 100 units total
  • Lot Size Sq Ft: 226512.00
  • Parcel #: 11812027
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Dec 4, 2023
Sold by
Jacobsen Troy T
Bought by
Unity Property Management Lp
Seller's Agent
Joseph Leon
Americana Real Estate & Invest
Buyer's Agent
Joseph Leon
Americana Real Estate & Invest
List Price
$1,000,000
Sold Price
$490,000
Premium/Discount to List
-$510,000
-51%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%

Purchase Details

Listed on
Feb 27, 2014
Closed on
Dec 11, 2014
Sold by
Jacobsen Aprii L
Bought by
Jacobsen Troy T
Seller's Agent
Barbara Konnoff
Miramar International Calloway
Buyer's Agent
Barbara Konnoff
Miramar International Calloway
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Powell R Gordon and Powell Anita Louise
Bought by
Jacobsen Troy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Powell Anita Louise and Powell Anita Louise
Bought by
Powell R Gordon and Powell Anita Louise
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
Grant Deed $490,000 First American Title
Warranty Deed -- Ticor Title Company
Warranty Deed $325,000 Ticor Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 No Value Available
Previous Owner $85,184 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 For Sale $1,000,000 +104.1% --
12/12/2023 12/12/23 Sold $490,000 -2.0% $234 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
07/04/2023 07/04/23 Price Changed $500,000 -50.0% $239 / Sq Ft
06/03/2023 06/03/23 For Sale $1,000,000 +207.7% $478 / Sq Ft
12/18/2014 12/18/14 Sold $325,000 -18.7% $155 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $399,900 -- $191 / 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 $4,496 $330,480 $330,480 --
2024 $3,296 $324,000 $324,000 --
2023 $3,296 $228,716 $146,703 $82,013
2022 $3,227 $224,232 $143,827 $80,405
2021 $3,154 $219,836 $141,007 $78,829
2020 $3,048 $217,583 $139,562 $78,021
2019 $3,011 $217,583 $139,562 $78,021
2018 $2,905 $209,137 $134,144 $74,993
2017 $2,908 $205,037 $131,514 $73,523
2016 $2,634 $201,018 $128,936 $72,082
2015 $2,596 $198,000 $127,000 $71,000
2014 $1,306 $92,149 $51,197 $40,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202304551

Bakersfield Association of REALTORS® / GEMLS

APN: 118-120-28-00-5