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2929 Chester Lane

2929 Chester Lane, Bakersfield, CA 93304
Multifamily in Oleander-Sunset
2929 Chester Lane in Bakersfield, CA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 10 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2929 Chester Lane has 1,440 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,782 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. As for heating, the home is utilizing floor/wall heating system. 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, 2929 Chester Lane sold most recently in Aug 13, 2021 for a total of $284,000. If you work out the math, that's approximately a cost of $147.92 per sqft. Before that, the property was also sold for $150,100 in Feb 26, 2020. 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 $4,499 in taxes each year. The initial year of tax delinquency occurred in 2019. 2929 Chester Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,680. If we break it down further, the land itself was valued at $40,800. Improvements to the property, however, were assessed at a total of $248,880. 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.

Building Features

Parking

Covered Parking
Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210713
07/13/2021
Studio
-
-
$275,000
bedrooms
Studio
bathrooms
-
$284,000 +3.27%
10/21/2021
Evangeline Flores

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 10
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,782
  • Total Building Area: 1,920
  • Gross Building Area: 1,988
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA FE ADDITION #1
  • Land Acres: 0.133
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CITY STFE1 , BLOCK 1 , LOT 3

Ownership

  • Current Owner : MARTINEZ LUIS ALBERTO
  • Previous Owner : FIGUEROA MANUEL
  • Owner Before Previous Owner: AMAYA RICHARD C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 001901

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 2442-D6
  • Account Number: 007383011
  • Parcel: 007-383-01-00-4
  • Block: 1
  • Lot: 3
  • Latitude: 35.3647
  • Longitude: -119.036

    Address

  • Full Address: 2929 Chester Ln
  • Address - House Number: 2929
  • Address - Street Name: Chester
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1723
  • Zip Code: 93304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,499
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-001

    Appraisal Valuation

  • Standard Deviation: 0.2379
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 349,387
  • High Value: 432,508
  • Low Value: 266,266

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $270,019
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,680
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $248,880

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11861182453
  • Current Sale Price: $284,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 221199276
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 26, 2020
  • Previous Sale Amount: $150,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

About Oleander-Sunset



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Frequently Asked Questions

What neighborhood is 2929 Chester Lane located in?
The 2929 Chester Lane is a multifamily located in the neighborhood of Oleander-Sunset in Oleander-Sunset, Bakersfield.
What is the average sales price for listings in 2929 Chester Lane?
The average sales price for units in 2929 Chester Lane is $275,000 currently.

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