The original building was 3 two bedroom 1 bath units and it burned. The city had it demolished and only the original foundation was left. The owner has approved plans from the city to rebuild the 3 two bedroom units with 1 bath. The foundation was checked by the Engineer and it is in great condition it meets City requirements to build. All utilities are at the site and can be reconnected once the construction is finished. The area is close to Bakersfield Medical and is a Great rental area. This is a lot in a well developed section of the City of Bakersfield. The seller is selling the foundation with approved plans to rebuild 3 Two Bedroom units. This is a Great opportunity to build new units and received the rental income. The area is very developed and It is close to Kern Medical Center where you can get some great tenants. All plans will be delivered to new buyer with an acceptable offer. Plans are approved with sprinklers.
Property Details
Property Features
Listing Office:
Office Name: Help U Sell Wisdom Realty
Office Phone: (909) 678-3886
Listing Agent: Raul Novales
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot: Front Yard, Gentle Sloping, Rectangular Lot, Level
Lot Size: 0.17 Acres
School Info
Assigned Schools Information:
East Bakersfield High School, Public District Grades 9-12
Downtown Elementary School, Public District Grades KG-8
Walter Stiern Middle School, Public District Grades 6-8
Williams Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: East of Haley Monterey is a One Way Street
Price Information
Listing Price Info
Price Summary:
List Price: $279,000
Tax Information:
Annual Amount: $6,484
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bakersfield, CA.
This property is $73.5K less than the Median Sold Price in Bakersfield, CA.
Based on homes sold in April 2024
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW23148126
Listing Office:
Office Name: Help U Sell Wisdom Realty
Office Phone: (909) 678-3886
Listing Agent: Raul Novales
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 10, 2021
Mar 10, 2021Home Sold
$220,000
Jul 25, 2019
Jul 25, 2019Home Sold
$214,000
Feb 15, 2013
Feb 15, 2013Home Sold
$77,500
Jul 31, 2002
Jul 31, 2002Home Sold
$97,000
Nov 22, 1995
Nov 22, 1995Home Sold
$85,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,484
$216,217
2020
$3,921
$214,000
2019
$2,302
$85,548
2018
$2,280
$83,872
2017
$2,280
$82,228
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,460
Per Month
Principal & Interest
$1,393
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$903
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Williams Elementary School
1201 Williams St
Distance between this listing and this school0.16 miles
Public District Grades KG-5
Middle School
8
/10
Downtown Elementary School
2021 M St
Distance between this listing and this school2.00 miles
Public District Grades KG-8
2
/10
Walter Stiern Middle School
2551 Morning Dr
Distance between this listing and this school3.82 miles
Public District Grades 6-8
High School
3
/10
East Bakersfield High School
2200 Quincy Dr
Distance between this listing and this school0.86 miles
Public District Grades 9-12
Assigned Schools
2
/10
Williams Elementary School
1201 Williams St
Distance between this listing and this school0.16 miles
Public District Grades KG-5
Nearby Schools
2
/10
Jefferson Elementary School
816 Lincoln St
Distance between this listing and this school0.74 miles
Public Magnet Grades KG-5
2
/10
Bessie E. Owens Primary School
815 Potomac Ave
Distance between this listing and this school1.09 miles
Public Magnet Grades KG-3
Assigned Schools
8
/10
Downtown Elementary School
2021 M St
Distance between this listing and this school2.00 miles
Public District Grades KG-8
2
/10
Walter Stiern Middle School
2551 Morning Dr
Distance between this listing and this school3.82 miles
Public District Grades 6-8
Nearby Schools
5
/10
Bessie E. Owens Intermediate School
815 Eureka St
Distance between this listing and this school0.81 miles
Public Magnet Grades 4-6
Assigned Schools
3
/10
East Bakersfield High School
2200 Quincy Dr
Distance between this listing and this school0.86 miles
Public District Grades 9-12
Nearby Schools
4
/10
Valley Oaks Charter
3501 Chester Ave
Distance between this listing and this school2.40 miles
Public Charter Grades KG-12
3
/10
Bakersfield High School
1241 G St
Distance between this listing and this school2.49 miles
The neighbors living near this home have an average income of $34,118. Residents of Bakersfield, CA typically earn less than $35k each year. The most common type of family is married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1408 Monterey St
What is the listing price of this property?
The listing price of 1408 Monterey St property is $279,000.
What type of property is this?
The property 1408 Monterey St is land located in Bakersfield, California, 93305.
Is this property for sale now?
Active Listing: 1408 Monterey St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1408 Monterey St are: Williams Elementary School: GreatSchools Rating 2/10Downtown Elementary School: GreatSchools Rating 8/10Walter Stiern Middle School: GreatSchools Rating 2/10East Bakersfield High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $6,484 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 10, 2021 for $220,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1408 Monterey St in Bakersfield, CA and zip code 93305 in the East Bakersfield neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since August 09, 2023 and is currently priced at $279,000.
While more than 25 listings in Bakersfield, CA in April 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 25 were sold below. The number of homes for sale in Bakersfield, CA increased by 2.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $352,500, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Ross Dress For Less
H&M
Burlington
Jack In The Box
Boston Market
White Castle
Nissan
Honda
Kia
Rhythmic Contemporary Hits
Urban Adult Contemporary