NOT LISTED FOR SALE

8740 Spectrum Park Way Bakersfield, CA 93308

1 Bed
-- Bath
291 Sq Ft
2.2 Acres

About This Home

Our amenities are designed to help you feel at home. We offer housekeeping every two weeks included in the rent. Enjoy the convenience of a kitchen, on-site laundry room, and Wi-Fi. We offer several apartment layouts at our Bakersfield Airport property. Each studio includes 1 or 2 queen-size beds, a table and chairs, and a kitchen with a prep sink, full-size refrigerator and freezer, cupboard and counter space, two-burner stovetop and microwave oven. Some studios also include a desk and sleeper sofa. We offer a 24 hour front desk and on site laundry.

Additional $450 unlimited utilities package on top of the base rent of $999 per month includes:
-Electricity
-Water
-Cable TV
-High speed internet/ Wifi
-Phone
-Parking
-Sewer
-Gas
-Garbage
-AC/Heater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
Bakers Mortgage Inc
Bought by
Smr Extendedstay2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,910,060
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 10, 2017
Sold by
Spectrum Hotel 1 Llc
Bought by
Bakers Mortgage Inc

Purchase Details

Closed on
Feb 24, 2007
Sold by
J G Bailey Co Airport Central Llc
Bought by
Spectrum Hotel #1 Llc

Purchase Details

Closed on
May 16, 2006
Sold by
Bailey James G
Bought by
J G Bailey Airport Central Llc

Purchase Details

Closed on
Jan 25, 2006
Sold by
3D Spectravision Llc
Bought by
Bailey James G
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Smr Extendedstay2 Llc -- Chicago Title Bakersfield
Bakers Mortgage Inc $750,000 Ticor Title Company
Spectrum Hotel #1 Llc $1,140,000 Fidelity National Title Co
J G Bailey Airport Central Llc -- Fidelity National Title Co
Bailey James G $3,300,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smr Extendedstay2 Llc $6,500,000
Closed Smr Extendedstay2 Llc $3,910,060
Closed Smr Extendedstay2 Llc $5,585,801
Previous Owner Spectrum Hotel #1 Llc $7,500,000
Previous Owner Spectrum Hotel #1 Llc $1,392,141
Previous Owner Spectrum Hotel #1 Llc $1,792,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Off Market -- -- --
04/19/2025 04/19/25 Price Changed $999 +11.1% $3 / Sq Ft
12/03/2024 12/03/24 Price Changed $899 -9.9% $3 / Sq Ft
08/22/2024 08/22/24 Price Changed $998 -0.1% $3 / Sq Ft
12/28/2023 12/28/23 Price Changed $999 -9.1% $3 / Sq Ft
08/07/2023 08/07/23 For Rent $1,099 0.0% --
06/21/2023 06/21/23 For Rent $1,099 0.0% --
02/17/2023 02/17/23 Price Changed $1,099 +277.7% $4 / Sq Ft
02/16/2023 02/16/23 Price Changed $291 -73.5% $1 / Sq Ft
01/11/2023 01/11/23 Price Changed $1,099 -8.3% $4 / Sq Ft
11/15/2022 11/15/22 Price Changed $1,199 -7.7% $4 / Sq Ft
08/31/2022 08/31/22 Price Changed $1,299 +8.3% $4 / Sq Ft
08/23/2022 08/23/22 Price Changed $1,199 0.0% $4 / Sq Ft
08/23/2022 08/23/22 For Rent $1,199 -7.7% --
06/15/2022 06/15/22 Price Changed $1,299 -5.9% $4 / Sq Ft
06/07/2022 06/07/22 For Rent $1,380 0.0% --
05/19/2022 05/19/22 For Rent $1,380 -- --

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 $118,736 $8,620,091 $1,175,754 $7,444,337
2024 $118,736 $8,376,560 $1,152,700 $7,223,860
2023 $105,927 $7,280,943 $1,130,099 $6,150,844
2022 $104,469 $7,138,181 $1,107,941 $6,030,240
2021 $134,755 $9,678,217 $1,086,217 $8,592,000
2020 $50,294 $2,542,080 $1,075,080 $1,467,000
2019 $9,704 $795,906 $795,906 $0
2018 $9,476 $765,000 $765,000 $0
2017 $4,295 $310,000 $310,000 $0
2016 $3,592 $310,000 $310,000 $0
2015 $3,586 $310,000 $310,000 $0
2014 $3,579 $310,000 $310,000 $0
Source: Public Records

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