NOT LISTED FOR SALE

8512 School St Lamont, CA 93241

Estimated Value: $152,000 - $266,687

3 Beds
1 Bath
1,140 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $124,500 $109 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,392/month

3 Days on Market

About This Home

As of March 2019

Great Rental Income in a good rental area. Tenants have been there 6 years and 3 years they want to stay. Units are well kept, seller will do loan required repairs if necessary.

Last Agent to Sell the Property

Ruth Escobar

Unknown Broker License #01734151 Listed on: 02/17/2019

Last Buyer's Agent

Jaime Leal

Power House Realty License #1202408

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,792 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property

Schools

  • Lamont Elementary School
  • Mountain View Middle School
  • Arvin High School

Listing and Financial Details

  • Assessor Parcel Number 18808505

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,600
  • Net Operating Income $13,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1946
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1140.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Arvin
  • Middle Or Junior School: Mountain View

Lot Info

  • Lot Size Sq Ft: 6792.00
  • Parcel #: 18808505

Multi Family

  • Total Annual Expense: 1700.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.00
  • Property Net Operating Income: 13900.00

MLS Schools

  • Elementary School: Lamont

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $124,500 0.0% $109 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $124,500 -- $109 / 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 $2,646 $139,434 $41,271 $98,163
2024 $2,632 $136,701 $40,462 $96,239
2023 $2,632 $134,021 $39,669 $94,352
2022 $2,452 $131,394 $38,892 $92,502
2021 $2,391 $128,819 $38,130 $90,689
2020 $2,310 $127,500 $37,740 $89,760
2019 $1,679 $78,030 $26,010 $52,020
2018 $1,648 $75,000 $25,000 $50,000
2017 $1,632 $75,000 $25,000 $50,000
2016 $1,598 $75,000 $14,000 $61,000
2015 $1,596 $75,000 $19,000 $56,000
2014 $1,391 $57,000 $30,000 $27,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ruth Escobar

    Unknown Broker

  • Jaime Leal

    Buyer's Agent in 2019

    Jaime Leal

    Power House Realty

    (661) 201-4941

    5 in this area

    72 Total Sales

    Jaime Leal
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21902034

Bakersfield Association of REALTORS® / GEMLS

APN: 188-085-05-00-3

California Kern County Lamont 93241

8512 School St, Lamont, 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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