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505 Plato Court

505 Plato Court, Bakersfield, CA 93309
Property in Quailwood
Sold Oct 21, 2020
$277,000
$263,150 by Sierra Pacific Mortgage Co Inc
Mortgage Due Nov 01, 2050
Local assessors in Bakersfield, CA have categorized 505 Plato Court as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 8,252 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 505 Plato Court has a total of 2,121 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 496 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 505 Plato Court sold most recently in Sep 23, 2020 for a total of $277,000. If you work out the math, that's approximately a cost of $105.85 per sqft. 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 $4,036 in taxes each year. The initial year of tax delinquency occurred in 2020. 505 Plato Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,190. If we break it down further, the land itself was valued at $83,232. Improvements to the property, however, were assessed at a total of $204,958. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 10
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 496
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,252
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,617
  • Gross Building Area: 2,746
  • Building Area: 2,121
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,121
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 2980
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2980 , BLOCK , LOT 21

Ownership

  • Current Owner : HERRERA ANDRES
  • Previous Owner : CORRAL HELIA M
  • Previous Owner 2: HELIA M CORRAL TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 001804

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 2441-J7
  • Account Number: 331111211
  • Subdivision Tract Number: 2980
  • Parcel: 331-111-21-00-3
  • Block: 21
  • Lot: 21
  • Latitude: 35.3588
  • Longitude: -119.067

    Address

  • Full Address: 505 Plato Ct
  • Address - House Number: 505
  • Address - Street Name: Plato
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 1532
  • Zip Code: 93309

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,036
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-164

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 370,562
  • High Value: 433,208
  • Low Value: 307,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,150
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Loan Amount: $263,150
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,190
  • Assessed Land Value: $83,232
  • Assessed Improvements Value: $204,958

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11793326621
  • Current Sale Price: $277,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 220154768

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $263,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Quailwood



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Frequently Asked Questions

What neighborhood is 505 Plato Court located in?
The 505 Plato Court is a located in the neighborhood of Quailwood in Quailwood, Bakersfield.
What is the average sales price for listings in 505 Plato Court?
The average sales price for units in 505 Plato Court is $0 currently.

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