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1500 Palm Drive

1500 Palm Drive, Bakersfield, CA 93305
Property in East Bakersfield
1 Units For Sale
Unit for sale at 1500 Palm, Bakersfield, CA 93305

$475,000

  • 3 Beds
  • 2 Baths
  • 1,450 ft²
1500 Palm, Bakersfield, CA 93305 Listing by Genesis White

1500 Palm Drive has been categorized by the local assessors in Bakersfield, CA as a type of property. The building on the property was first built in 1935 and is 91 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 200 stories. In addition, 1500 Palm Drive has 1,450 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,724 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a and a . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. In terms of heating, it is utilizing . There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1500 Palm Drive sold most recently in Oct 26, 2022 for a total of $345,000. If you work out the math, that's approximately a cost of $162.58 per sqft. Before that, the property was also sold for $155,000 in Mar 31, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $169,083 in taxes each year. 1500 Palm Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $345,000. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $295,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Driveway

Driveway

Parking

Gated Parking

Location

Corner Lot

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240722
07/22/2024
4 Bed
3 Bath
2150 ft²
$399,900
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2150 ft²
$400,000 +0.03%
09/16/2024
Douglas Terrell
Berkshire Hathaway HomeServices Troth, Realtors


Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 238
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,724
  • Total Building Area: 2,122
  • Gross Building Area: 2,377
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PACIFIC IMPROVEMENT COMPANYS SUBDIVISION
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • Legal Description 1: CITY PILND , BLOCK 383, LOT P

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 001202

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 2443-B4
  • Account Number: 138082110
  • Parcel: 138-082-11-00-4
  • Block: 383
  • Lot: P
  • Latitude: 35.3795
  • Longitude: -118.97

    Address

  • Full Address: 1500 Palm Dr
  • Address - House Number: 1500
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 5022
  • Zip Code: 93305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $169,083
  • Tax Rate Code Area: 05-063

    Appraisal Valuation

  • Standard Deviation: 0.0889
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 388,760
  • High Value: 423,352
  • Low Value: 354,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $295,000

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 165047
  • Previous Sale Recording Date: May 31, 2022
  • Previous Sale Contract Date: Mar 31, 2022
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 1500 Palm Drive located in?
The 1500 Palm Drive is a multifamily located in the neighborhood of East Bakersfield in East Bakersfield, Bakersfield.
How many listings are currently for sale in 1500 Palm Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1500 Palm Drive?
The average sales price for units in 1500 Palm Drive is $475,000 , or $328/sqft. currently.