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2524 Monterey Street

2524 Monterey Street, Bakersfield, CA 93306
Property in Kern
Sold Jun 21, 2022
$230,000
Sold Mar 29, 2017
$215,000
$148,000 by Community West Bank Na
Mortgage
Local assessors in Bakersfield, CA have categorized 2524 Monterey Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 6,814 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 10 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2524 Monterey Street has a total of 1,681 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on a evaporative cooler for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. 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, 2524 Monterey Street sold most recently in Apr 24, 2022 for a total of $230,000. If you work out the math, that's approximately a cost of $265.90 per sqft. Before that, the property was also sold for $215,000 in Mar 23, 2017. 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 $2,970 in taxes each year. 2524 Monterey Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $234,600. If we break it down further, the land itself was valued at $61,200. Improvements to the property, however, were assessed at a total of $173,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 10
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,814
  • Total Building Area: 865
  • Gross Building Area: 913
  • Building Area: 1,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Electric
  • Heated Square Feet: 1,681
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.156
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PARCEL MAP 5880 , LOT 1

Ownership

  • Current Owner : TBS PROPERTIES LLC
  • Previous Owner : CHANNEL ISLANDS HOLDING COMPANY LLC
  • Owner Before Previous Owner: SATICOY DEVELOPMENT COMPANY LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 001107

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 2443-C5
  • Account Number: 137390241
  • Subdivision Tract Number: 5880
  • Parcel: 137-390-24-00-1
  • Lot: 1
  • Latitude: 35.3752
  • Longitude: -118.962

    Address

  • Full Address: 2524 Monterey St
  • Address - House Number: 2524
  • Address - Street Name: Monterey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 5248
  • Zip Code: 93306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,970
  • Tax Rate Code Area: 05-073

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 304,382
  • High Value: 367,733
  • Low Value: 241,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,600
  • Assessed Land Value: $61,200
  • Assessed Improvements Value: $173,400

    Sales

  • Current Sale Contract Date: Apr 24, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Transaction ID: 11890722258
  • Current Sale Price: $230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97043
  • Previous Sale Recording Date: Mar 29, 2017
  • Previous Sale Contract Date: Mar 23, 2017
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY WEST BANK NA
  • Previous Mortgage Transaction Date: Mar 29, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $148,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Kern



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Frequently Asked Questions

What neighborhood is 2524 Monterey Street located in?
The 2524 Monterey Street is a located in the neighborhood of Kern in Kern, Bakersfield.
What is the average sales price for listings in 2524 Monterey Street?
The average sales price for units in 2524 Monterey Street is $0 currently.

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