NOT LISTED FOR SALE

327 Dr Martin Luther King jr Blvd Bakersfield, CA 93307

Lakeview Neighborhood

Estimated Value: $390,000 - $476,000

6 Beds
3 Baths
2,400 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $289,500 $121 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,751/month

114 Days on Market

About This Home

As of September 2019

Clients and Investors this is an excellent opportunity to generates income with this 3 Units, Unit 1 and 2 has 2 bedrooms 1 bath and unit 3 has 3 b3drooms 1 bath all of them has been remodeled with new ac,new counter tops, new wood like flooring , new plumbing ,new interior and exterior paint and much more . Call listing agent to set up your appointment .

Last Agent to Sell the Property

JULISSA MENACHO

Realty ONE Group Zoom License #01974565 Listed on: 05/02/2019

Realty ONE Group Zoom

Last Buyer's Agent

JULISSA MENACHO

Realty ONE Group Zoom License #01974565 Listed on: 05/02/2019

Realty ONE Group Zoom

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 7,535 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Schools

  • Fremont Bak Elementary School
  • Compton Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 01918115

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2400.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Highland
  • Middle Or Junior School: Compton

Lot Info

  • Lot Size Sq Ft: 7535.00
  • Parcel #: 01918115

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 100.00
  • Number Of Units Total: 3
  • Annual Gross Income: 1.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Fremont_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Aug 30, 2019
Sold by
Godoy Alvarez Manuel Saul
Bought by
Resendez Barbara Gonzalez
Seller's Agent
JULISSA MENACHO
Realty ONE Group Zoom
Buyer's Agent
JULISSA MENACHO
Realty ONE Group Zoom
List Price
$293,000
Sold Price
$289,500
Premium/Discount to List
-$3,500
-1.19%
Current Estimated Value
$438,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,956
Avg. Annual Appreciation
6.79%
Original Mortgage
$217,125
Outstanding Balance
$190,185
Interest Rate
3.6%
Estimated Equity
$248,271

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 25, 2019
Sold by
Diaz Carlos Vazquez
Bought by
Resendez Barbara Gonzalez
Seller's Agent
JULISSA MENACHO
Realty ONE Group Zoom
Buyer's Agent
JULISSA MENACHO
Realty ONE Group Zoom
List Price
$293,000
Sold Price
$289,500
Premium/Discount to List
-$3,500
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,125
Outstanding Balance
$190,185
Interest Rate
3.6%
Estimated Equity
$248,271

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jul 16, 2018
Sold by
Robles Martin Alejandro
Bought by
Diaz Carlos Vazques
Seller's Agent
Martin Robles
Realty ONE Group Summit
Buyer's Agent
Martin Robles
Realty ONE Group Summit
List Price
$68,000
Sold Price
$61,000
Premium/Discount to List
-$7,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
328.62%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Legin Inc
Bought by
Robles Martin Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.94%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 16, 2015
Sold by
Fagalar Rosa Walker
Bought by
Legin Inc
Seller's Agent
Carlos Padilla
Watson Realty
Buyer's Agent
Carlos Padilla
Watson Realty
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$84,000
Interest Rate
3.85%

Purchase Details

Closed on
Mar 30, 2015
Sold by
Fagalar Rosa Walker
Bought by
Fagalar Rosa Walker

Purchase Details

Closed on
Nov 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Johnson Marcus Cordell

Purchase Details

Closed on
Jul 29, 2009
Sold by
Cortez Olinda
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 25, 2005
Sold by
Denys Ana C
Bought by
Cortez Olinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.41%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Arrelleno Jose Felix
Bought by
Cortez Olinda and Denys Ana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
10.05%

Purchase Details

Closed on
Sep 9, 2002
Sold by
Arellano Martha
Bought by
Arellano Jose Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
6.37%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Hud
Bought by
Arellano Jose Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
6.37%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Gonzalez Abraham
Bought by
The Leader Mtg Company

Purchase Details

Closed on
Jan 7, 2000
Sold by
Montoya Miguel A and Montoya Maria
Bought by
Gonzalez Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,847
Interest Rate
8.14%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Deavila John S and Deavila Ezaura B
Bought by
Southern Pacific Secured Assets Corp Mtg

Purchase Details

Closed on
Mar 15, 1995
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B

Purchase Details

Closed on
Dec 9, 1994
Sold by
Deavila John S and Deavila Ezaura B
Bought by
Castillo Juan H and Castillo Sally J

Purchase Details

Closed on
Jul 20, 1994
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.53%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Deavila John S and Deavila Ezaura B
Bought by
Castillo Juan H and Castillo Sally J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.53%

Purchase Details

Closed on
May 26, 1994
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.53%
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
Resendez Barbara Gonzalez -- Chicago Title Bakersfield
Resendez Barbara Gonzalez $289,500 Chicago Title Bakersfield
Diaz Carlos Vazques $61,000 Placer Title Co
Robles Martin Alejandro $165,000 Chicago Title Company
Legin Inc $120,000 Stewart Title Of Ca Inc
Fagalar Rosa Walker -- Stewart Title
Johnson Marcus Cordell $63,000 Stewart Title
Deutsche Bank National Trust Company $70,000 None Available
Cortez Olinda $150,000 Stewart Title
Cortez Olinda $220,000 Stewart Title
Arellano Jose Felix -- Fidelity National Title Co
Arellano Jose Felix $78,500 Fidelity National Title Co
The Leader Mtg Company $83,158 Fidelity National Title
Gonzalez Abraham $75,000 Commonwealth Land Title Co
Southern Pacific Secured Assets Corp Mtg $47,000 Fidelity National Title Ins
Deavila John S -- --
Castillo Juan H -- --
Deavila John S -- --
Castillo Juan H -- --
Deavila John S $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resendez Barbara Gonzalez $217,125
Previous Owner Robles Martin Alejandro $162,011
Previous Owner Legin Inc $84,000
Previous Owner Cortez Olinda $300,000
Previous Owner Cortez Olinda $187,000
Previous Owner Arellano Jose Felix $58,600
Previous Owner Gonzalez Abraham $74,847
Previous Owner Deavila John S $62,000
Closed Gonzalez Abraham $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2019 09/23/19 Sold $289,500 -1.2% $121 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $293,000 +380.3% $122 / Sq Ft
08/28/2018 08/28/18 Sold $61,000 -10.3% $25 / Sq Ft View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $68,000 -58.8% $28 / Sq Ft
01/03/2017 01/03/17 Sold $165,000 -2.9% $69 / Sq Ft View Prior Sale
12/04/2016 12/04/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $170,000 +41.7% $71 / Sq Ft
07/21/2015 07/21/15 Sold $120,000 -11.1% $50 / Sq Ft View Prior Sale
06/21/2015 06/21/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $135,000 -- $56 / 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 $5,512 $317,151 $43,743 $273,408
2024 $5,512 $310,934 $42,886 $268,048
2023 $5,385 $304,839 $42,046 $262,793
2022 $5,239 $298,863 $41,222 $257,641
2021 $4,943 $293,004 $40,414 $252,590
2020 $4,840 $290,000 $40,000 $250,000
2019 $1,615 $25,500 $25,500 $0
2018 $3,316 $168,300 $20,400 $147,900
2017 $2,770 $122,400 $30,600 $91,800
2016 $2,607 $120,000 $30,000 $90,000
2015 $2,006 $67,659 $16,108 $51,551
2014 -- $66,335 $15,793 $50,542
Source: Public Records

Agents Affiliated with this Home

  • JULISSA MENACHO

    Seller's Agent in 2019

    JULISSA MENACHO

    Realty ONE Group Zoom

    (661) 493-4840

    5 in this area

    94 Total Sales

    JULISSA MENACHO
    Section Image

  • M

    Seller's Agent in 2018

    Martin Robles

    Realty ONE Group Summit

  • Pete Peralta

    Seller's Agent in 2017

    Pete Peralta

    Miramar Realty

    (661) 805-1053

    2 in this area

    149 Total Sales

    Pete Peralta
    Section Image

  • O

    Buyer's Agent in 2017

    Octavio Navarrete

    Premier Coast Financial Serv.

    Section Image
  • Carlos Padilla

    Seller's Agent in 2015

    Carlos Padilla

    Watson Realty

    (661) 859-5762

    171 Total Sales

    Carlos Padilla
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21905210

Bakersfield Association of REALTORS® / GEMLS

APN: 019-181-15-00-0

California Kern County Bakersfield 93307 Lakeview

327 Dr Martin Luther King jr Blvd, Bakersfield, 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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