$590,000
SOLD APR 25, 2025
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

2% Below List Price

4 Days on Market

About This Home

As of April 2025

Attractive Duplex right in the NE path of growth of Bakersfield. Quality location close to sports park, Lake Ming, Rio Bravo Country Club, top schools. Class A positioning to capture top quality tenant candidates. Front unit is a 2 bedroom/2bathroom 822 SF renting for $1795, The rear unit is a 3 bedroom/2bath with 1244 SF and garage, for rent $2,195/month. Quartz countertops, stainless steel appliances, white cabinets with hardware and soft close hinges, durable flooring, PAID solar, and block walls. Each unit has Washer/Dryer connections.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 04/06/2025

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 04/06/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 2024

Home Design

  • Duplex

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

  • Foothill High School

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 53317114

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $47,880
  • Net Operating Income $32,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,696

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2024
  • Building Stories: 1
  • Deposit Amount Required: 7000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1500
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Number Of Garages: 1
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Foothill

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 6534.00
  • Parcel #: 53317114

Multi Family

  • Total Annual Expense: 15173.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 47880.00
  • Property Net Operating Income: 32707.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jul 29, 2024
Sold by
Jeremy Willer Construction Inc
Bought by
Panelli Elizabeth
Seller's Agent
Eric Van Denk
Central Valley Property Adviso
Buyer's Agent
Sadoc Antonio
Keller Williams Realty
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Views
1
Current Estimated Value
$593,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,328
Avg. Annual Appreciation
1.52%
Original Mortgage
$235,000
Outstanding Balance
$232,797
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$360,531
Source: Public Records

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    • 1 Bath
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    Gilbert Ayala Gilbert Realty and Loans

    Section Image

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $585,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,000 New Conventional
Previous Owner $2,004,709 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $590,000 -1.7% --
04/10/2025 04/10/25 Pending -- -- --
04/06/2025 04/06/25 For Sale $599,900 +2.5% --
08/16/2024 08/16/24 Sold $585,000 -2.5% --
07/10/2024 07/10/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $600,000 -- --
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 $2,696 $585,000 $100,000 $485,000
2024 $2,696 $200,700 $86,700 $114,000
2023 $969 $85,000 $85,000 $0
2022 $269 $24,198 $24,198 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202503885

Bakersfield Association of REALTORS® / GEMLS

APN: 533-171-14-00-3