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3408 Lotus Lane

3408 Lotus Lane, Bakersfield, CA 93307
Property in Kern
Sold Sep 11, 2012
$87,000
$85,419 by Platinum Home Mortgage Corp
Mortgage Due Oct 01, 2042
Sold Nov 08, 2011
$50,000
$66,945 by Aaron Mortgage Corporation
Mortgage
3408 Lotus Lane has been categorized by the local assessors in Bakersfield, CA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 10 stories. In addition, 3408 Lotus Lane has 1,208 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 6,684 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 attached garage for those who require parking. The garage measured 450 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as poor. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Jun 20, 2012 for $87,000. That's $52.47 per sqft. Prior to that sales transaction, the property was also sold in Oct 20, 2011 for $50,000. 3408 Lotus Lane was last assessed in 2023. The total value of the property was assessed at $102,963. Specifically, the land the property is located on was valued at $23,667. While improvements on the property were assessed at a total of $79,296. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,762. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 10
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,684
  • Total Building Area: 1,658
  • Gross Building Area: 1,658
  • Building Area: 1,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1569 , BLOCK , LOT 12

Ownership

  • Current Owner : MALDONADO MENDEZ MARIA D
  • Current Owner 2: MALDONADO DE MENDEZ MARGARITA
  • Previous Owner : MTM HOLDINGS CORPORATION
  • Owner Before Previous Owner: PACIFICA L SEVENTEEN LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 002503

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 2482-J5
  • Account Number: 172092389
  • Subdivision Tract Number: 1569
  • Parcel: 172-092-38-00-6
  • Block: 12
  • Lot: 12
  • Latitude: 35.3236
  • Longitude: -118.99

    Address

  • Full Address: 3408 Lotus Ln
  • Address - House Number: 3408
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4406
  • Zip Code: 93307

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,762
  • Tax Rate Code Area: 00-442

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 67
  • Final Value: 256,268
  • High Value: 316,373
  • Low Value: 196,164

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $88,029
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 11, 2012
  • First Open Lien Mortgage Loan Amount: $85,419
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042
  • Second Open Lien Mortgage Lender: CALIFORNIA HOUSING FINANCE AGE
  • Second Open Lien Mortgage Recording Date: Sep 11, 2012
  • Second Open Lien Mortgage Loan Amount: $2,610
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,963
  • Assessed Land Value: $23,667
  • Assessed Improvements Value: $79,296

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2012
  • Current Sale Recording Date: Sep 11, 2012
  • Current Sale Transaction ID: 1031252251
  • Current Sale Price: $87,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 0212128403
  • Previous Sale Recording Date: Nov 08, 2011
  • Previous Sale Contract Date: Oct 20, 2011
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 11, 2012
  • First Mortgage Loan Amount: $85,419
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: AARON MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Nov 08, 2011
  • Previous Mortgage Loan Amount: $66,945
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 3408 Lotus Lane located in?
The 3408 Lotus Lane is a located in the neighborhood of Kern in Bakersfield, Bakersfield.
What is the average sales price for listings in 3408 Lotus Lane?
The average sales price for units in 3408 Lotus Lane is $0 currently.

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