NOT LISTED FOR SALE

8618 Grandy St Bakersfield, CA 93308

Estimated Value: $642,000 - $707,000

6 Beds
5.5 Baths
-- Sq Ft
7,018 Sq Ft Lot

Last Sold August 27, 2024

Last sale price $626,000

Est. 8% increase in value since last sale

Current estimated payment $3,725/month

3 Days on Market

Highlights

  • Solar owned by seller
  • Centennial High School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2024

We are thrilled to present a unique offering of two brand new duplexes representing the epitome of Class A real estate in Northwest Bakersfield. Boasting an attractive unit mix of two (2) and Four (4) bedrooms, this investment promises outstanding returns and caters to a diverse tenant base, making it perfect for any type of investor. Thoughtfully designed to exude modern luxury and functionality, these duplexes offer an unparalleled living experience for families, professionals, and individuals alike. Located in a prime part of Bakersfield, this offering guarantees high demand and consistent occupancy rates, ensuring a steady income stream.

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 04/01/2024

Last Buyer's Agent

Satinder Malhi

Realty One Group Action License #02006420

Realty One Group Action

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 7,018 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5.5 Bathrooms

Schools

  • Olive Drive Elementary School
  • Norris Middle School
  • Centennial High School

Additional Features

  • 2-Story Property
  • Solar owned by seller
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2023
  • Building Stories: 2
  • Solar Owned Leased: Owned
  • Deposit Amount Required: 15000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1611
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Basement Bathrooms: 5.50
  • Total Bedrooms: 6

Exterior Features

  • Roof: Tile
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Centennial
  • Middle Or Junior School: Norris

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7018.00
  • Parcel #: NEW OR UNDER CONSTRUCTION

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Aug 15, 2024
Sold by
Jeremy Willer Construction Inc
Bought by
Singh Ranvir
Seller's Agent
Eric Van Denk
Central Valley Property Adviso
Buyer's Agent
Satinder Malhi
Realty One Group Action
List Price
$650,000
Sold Price
$626,000
Premium/Discount to List
-$24,000
-3.69%
Views
7
Current Estimated Value
$674,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,135
Avg. Annual Appreciation
5.56%
Original Mortgage
$438,200
Outstanding Balance
$433,146
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$240,989
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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Purchase History

Date Buyer Sale Price Title Company
Singh Ranvir $626,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Ranvir $438,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $626,000 -3.7% --
04/04/2024 04/04/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $650,000 -- --
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 $2,403 $626,000 $150,000 $476,000
2024 $643 $40,288 $40,288 --
2023 $643 $39,499 $39,499 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202403196

Bakersfield Association of REALTORS® / GEMLS

APN: 492-561-14-00-8