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12811 Margate Court

12811 Margate Court, Bakersfield, CA 93311
Sold May 09, 2014
$668,500
$410,000 by Mid Valley Services Inc
Mortgage Due Feb 01, 2052
Sold Feb 05, 2013
$160,000
12811 Margate Court in Bakersfield, CA was first built in 2014 and is 10 years old. This has been categorized as a residential property type. There are a total of 10 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 12811 Margate Court has 3,959 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,553 square feet.

Learn more about the property and building on this page. There is a porch and a screened patio. For those who need parking, there is a attached garage. The garage is 503 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12811 Margate Court was last sold in Oct 18, 2013 for $668,500. According to our calculations, that's $142.02 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Dec 18, 2012. Current property owners are expected to pay $10,021 in taxes per year. The property on 12811 Margate Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $770,575. To break that down further, the land itself was valued at $194,409. While improvements to the property were assessed at a total of $576,166. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Frame
  • Floor Count: 10
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 503
  • Parking Space Count: 3
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 4,707
  • Gross Building Area: 5,687
  • Building Area: 3,959
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,959
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 6199
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6199 , BLOCK , LOT 30

Ownership

  • Current Owner : GHUMAN AJIT SINGH
  • Previous Owner : JOHN BALFANZ HOMES INC
  • Owner Before Previous Owner: CASTLE & COOKE CALIFORNIA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 003212

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 2481-A4
  • Account Number: 523460327
  • Subdivision Tract Number: 6199
  • Parcel: 523-460-32-00-9
  • Block: 30
  • Lot: 30
  • Latitude: 35.3329
  • Longitude: -119.145

    Address

  • Full Address: 12811 Margate Ct
  • Address - House Number: 12811
  • Address - Street Name: Margate
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: R039
  • 4-Digit Zip Code: 8597
  • Zip Code: 93311

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,021
  • Tax Rate Code Area: 00-343

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 636,342
  • High Value: 747,654
  • Low Value: 525,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $410,000
  • First Open Lien Mortgage Lender: MID VALLEY SERVICES INC
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $410,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770,575
  • Assessed Land Value: $194,409
  • Assessed Improvements Value: $576,166

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2013
  • Current Sale Recording Date: May 09, 2014
  • Current Sale Transaction ID: 1036877755
  • Current Sale Price: $668,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 0214052013
  • Previous Sale Recording Date: Feb 05, 2013
  • Previous Sale Contract Date: Dec 18, 2012
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 09, 2014
  • First Mortgage Loan Amount: $510,762
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2044

About Seven Oaks at Grand Island



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Frequently Asked Questions

What neighborhood is 12811 Margate Court located in?
The 12811 Margate Court is a located in the neighborhood of Seven Oaks at Grand Island in Seven Oaks at Grand Island, Bakersfield.
What is the average sales price for listings in 12811 Margate Court?
The average sales price for units in 12811 Margate Court is $0 currently.

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