NOT LISTED FOR SALE

8305 School St Lamont, CA 93241

Estimated Value: $297,000 - $384,122

4 Beds
1 Bath
2,275 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $305,000 $134 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,965/month

109 Days on Market

About This Home

As of March 2024

Great investment opportunity. Two homes on one huge lot! Main home is a three-bedroom, one bath home. Roof was replaced three years ago. Second detached home has one bedroom with one-bathroom. Long-term tenants reside in both. Month to Month Leases. Lots of upside. Plenty of room to add an ADU (buyer to verify).

Last Agent to Sell the Property

Ted Iturriria

Central Cal Management, Inc. License #01260033 Listed on: 09/25/2023

Last Buyer's Agent

Gilmar Hernandez Vasquez

Infinity Real Estate Services License #02129391

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.29

Parking

  • Carport

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,275 Sq Ft Home
  • 1-Story Property

Schools

  • Lamont Elementary School
  • Arvin High School

Additional Features

  • 0.29 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 18808311

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $30,000
  • Net Operating Income $24,669

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1946
  • Building Stories: 1
  • Deposit Amount Required: 3250.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2275.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Arvin

Lot Info

  • Zoning Description: 0201 - 2 SEPARATE RES ON 1 PARCEL (From Kern Data)
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 18808311

Multi Family

  • Total Annual Expense: 5331.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 30000.00
  • Property Net Operating Income: 24669.00

MLS Schools

  • Elementary School: Lamont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Iturriria Johnny and Carter Meredith A
Bought by
Perez Meza Isabel
Current Estimated Value
$339,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2023
Sold by
Unknown
Bought by
Iturriria Johnny and Carter Meredith A
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
Perez Meza Isabel $305,000 Chicago Title Company
Iturriria Johnny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Meza Isabel $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $305,000 +1.7% $134 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $299,999 -7.7% $132 / Sq Ft
09/25/2023 09/25/23 For Sale $325,000 -- $143 / 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 $2,292 $311,100 $76,500 $234,600
2024 $2,267 $104,523 $20,897 $83,626
2023 $2,267 $102,475 $20,488 $81,987
2022 $2,090 $100,467 $20,087 $80,380
2021 $1,983 $98,498 $19,694 $78,804
2020 $1,899 $97,489 $19,493 $77,996
2019 $1,871 $97,489 $19,493 $77,996
2018 $1,805 $93,705 $18,737 $74,968
2017 $1,780 $91,869 $18,370 $73,499
2016 $1,705 $90,068 $18,010 $72,058
2015 $1,691 $88,716 $17,740 $70,976
2014 $1,659 $86,979 $17,393 $69,586
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Ted Iturriria

    Central Cal Management, Inc.

    (661) 852-1164

    1 in this area

    67 Total Sales

    Ted Iturriria
    Section Image

  • G

    Buyer's Agent in 2024

    Gilmar Hernandez Vasquez

    Infinity Real Estate Services

    3 in this area

    61 Total Sales

    Gilmar Hernandez Vasquez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202310049

Bakersfield Association of REALTORS® / GEMLS

APN: 188-083-11-00-6

California Kern County Lamont 93241

8305 School St, Lamont, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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