When was property at 505 8th Street built and last sold?

The property at 505 8th Street was built in 1926 and last sold on Oct 26, 2023 for $160,000.

How much is this home worth?

The estimated value of the home located at 505 8th Street is $161,600.

What are some comparable homes to 505 8th Street?

Homes that are comparable to 505 8th Street include a house property at 501 8th Street , located in Bakersfield, CA.

Bakersfield

93304

Oleander-Sunset

505 8th Street

1 / 14

Map

$159,405*

● House - Off Market

505 8th Street

Bakersfield, CA 93304

2 Beds

1 Bath

840 Sqft

$144,000 - $176,000

Reference Base Price*

-0.37%

Since Nov 1, 2023

National-US

Primary Model

Sold Dec 04, 2023

$160,000

Palacios Johnny Martines

Buyer

Rosalina Elvira Campos Irrevocable Trust

Seller

$128,000 by New American Funding

Mortgage Due Jan 01, 2054

Sold Jan 18, 1994

$50,000

Campos Rudolfo Joseph Campos Rosa E

Buyer

Alvarenga Jose Alvarenga Rosario

Seller

$25,000 by Great Western Bank Fsb

Mortgage

About This Property

This cute 2 bedroom 1 bath home is the perfect choice for first time home buyers and investors to add to your portfolio. Although it does require some maintenance and updates! This home has significant potential. It also features RV parking, Gated fence & Mature trees throughout the property. Schedule your showing today!

The manager has listed the unit size as 840 square feet.

Unit Size

840Ft²

Days on Market

Land Size

0.11 acres

Price per sqft

$190

Property Type

House

Property Taxes

HOA Dues

Year Built

1926

Price History

Date / Event	Date	Event
Dec 4, 2023	Sold to Johnny Martines Palacios	$160,000
Sold to Johnny Martines Palacios
Oct 21, 2023	No longer available	-
No longer available
Oct 12, 2023	Listed	$160,000
Listed
Jan 18, 1994	Sold to Rosa E Campos, Rudolfo Jose...	$50,000
Sold to Rosa E Campos, Rudolfo Jose...

Property Highlights

Building Info

Overview

General

Year Built: 1926

Effective Year Built: 1926
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: Average
Building Quality: C
Construction Type: Frame
Building Style: Conventional
Exterior Walls Type: Stucco
Roof Cover Type: Composition shingle
Floor Count: 10
Living Units: 1
Basement Area: 0
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 4,871

Lot Size Depth Feet: 1,100
Lot Size Frontage Feet: 450
Total Building Area: 840
Gross Building Area: 936
Building Area: 840
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: Floor/wall
Heated Square Feet: 840
Heating Fuel Type: Gas

Utilities

Sewer System: Municipal

Water Service: Municipal

Building

Property Class: Residential

Subdivision: LOWELL ADDITION
Land Acres: 0.112
Standard Land Use Code: Single family residential
Legal Description 1: CITY LWELL , BLOCK D , LOT 2

Ownership

Current Owner : PALACIOS JOHNNY MARTINES

Previous Owner : ROSALINA ELVIRA CAMPOS IRREVOCABLE TRUST
Owner Before Previous Owner: ALVARENGA JOSE
Owner Before Previous Owner 2: ALVARENGA ROSARIO
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Single/unmarried man

Neighborhood

School District Name: Kern High School District

Census Tract: 002001

Zoning

Zoning: R-3

Geography

Assessors Map Reference: 2442-G6

Account Number: 009392051
Parcel: 009-392-05-00-6
Block: D
Lot: 2
Latitude: 35.3643
Longitude: -119.008

Address

Full Address: 505 8th St

Address - House Number: 505
Address - Street Name: 8th
Address - Suffix Type: St
State: CA
City Name: Bakersfield
Carrier Code: C028
4-Digit Zip Code: 2317
Zip Code: 93304

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,597
Tax Rate Code Area: 00-505

Appraisal Valuation

Standard Deviation: 0.088

Valuation Date: Dec 06, 2023
Confidence Score: 92
Final Value: 156,911
High Value: 170,731
Low Value: 143,091

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $128,000
First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
First Open Lien Mortgage Recording Date: Dec 04, 2023
First Open Lien Mortgage Loan Amount: $128,000
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: Jan 01, 2054

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $81,654
Assessed Land Value: $22,856
Assessed Improvements Value: $58,798

Sales

Current Sale Contract Date: Oct 26, 2023

Current Sale Recording Date: Dec 04, 2023
Current Sale Transaction ID: 11917390905
Current Sale Price: $160,000
Current Sale Document Type: Grant Deed
Current Sale Input Document Number: 146704
Previous Sale Recording Date: Jan 18, 1994
Previous Sale Contract Date: Dec 06, 1993
Previous Sale Amount: $50,000
Previous Sale Document Type: Grant Deed

Last Sale Mortgage

First Mortgage Lender: NEW AMERICAN FUNDING

First Mortgage Transaction Date: Dec 04, 2023
First Mortgage Loan Amount: $128,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Jan 01, 2054

Previous Mortgages

Previous Mortgage Lender: GREAT WESTERN BANK FSB

Previous Mortgage Transaction Date: Jan 18, 1994
Previous Mortgage Financing Type: Variable
Previous Mortgage Loan Amount: $25,000

Redact Ownership Info

Comparables

501 8th Street

Active

House

2 Beds

1 Bath

912 ft²

$164/ft²

$150,000 Oct 11, 2023

About Oleander-Sunset

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

Average Home Size

1303 ft²

Average Home Age

99.6 years

Currently For Sale

8 Listings

Similar Homes for Sale

Unit for sale at 501 8th Street, Bakersfield, CA 93304

$150,000

2 Beds
1 Bath
912 ft²

501 8th Street, Bakersfield, CA 93304 Listing by Belinda Estrada

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$1,300 /mo

2 Beds
1.5 Baths
985 ft²

1913 Maple Ave #1913 Maple - 1913-B Unit B, Bakersfield, CA, 93304 Listing by Manager

Unit for rent at 2015 20th Street, Bakersfield, CA, 93301

$1,300 /mo

1 Bed
1 Bath
698 ft²

2015 20th Street #2015 20th Street - Unit B, Bakersfield, CA, 93301 Listing by Manager

Unit for rent at 2016 20th Street, Bakersfield, CA, 93301

$1,175 /mo

1 Bed
1 Bath
637 ft²

2016 20th Street #2016 20th St - Apt F, Bakersfield, CA, 93301 Listing by Manager

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505 8th Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Oleander-Sunset

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions