Amazing opportunity! Two houses on a large Acre lot, with tons of upside potential. One 2bedroom/1ba rent is $750. Other home is 1 bedroom/bath rent is $650. Already rented, long time tenants, current rents do not reflect current market value. Great upside potential for rents - possibly $1000-1,200. Close to freeway access. This is desirable Greenfield area between Bakersfield and Lamont. High demand for rental property in this country-like area. They do have deferred maintenance, but priced accordingly!. No FHA offers, prefer CASH, Conventional, or Hard Money. Needs work.
Sold
$240,000
217 Panama Rd, Bakersfield, CA 93307
--beds
--baths
1,228sqft
Multi Family
Built in 1939
-- sqft lot
$285,100 Zestimate®
$195/sqft
$1,350 Estimated rent
Home value
$285,100
$262,000 - $308,000
$1,350/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 16, 2023 at 02:12am
Listed by:
Philip M Jordan DRE #00966411 805-453-8353 phil@jordanapartmentguys.com,
Keller Williams Realty
Bought with:
Mary P Cruz Rodriguez, DRE #01028350
Mary Cruz Realty, Inc
Source: Bakersfield AOR,MLS#: 202301567
Facts & features
Interior
Interior area
- Total structure area: 1,228
- Total interior livable area: 1,228 sqft
Property
Parking
- Parking features: Garage, Open
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 0.27 Acres
Details
- Parcel number: 18506004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1939
Community & neighborhood
Location
- Region: Bakersfield
- Subdivision: J B Haggin
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2023 | Sold | $240,000+2.1%$195/sqft |
Source:  Bakersfield AOR #202301567 Report a problem | ||
| 3/2/2023 | Pending sale | $235,000$191/sqft |
Source: Bakersfield AOR #202301567 Report a problem | ||
| 2/24/2023 | Listed for sale | $235,000+135%$191/sqft |
Source: Bakersfield AOR #202301567 Report a problem | ||
| 2/24/2004 | Sold | $100,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,137 +2.6% | $249,696 +2% |
| 2024 | $4,031 +56.7% | $244,800 +95.8% |
| 2023 | $2,572 +5.4% | $125,000 |
Find assessor info on the county website
Neighborhood: 93307
Nearby schools
GreatSchools rating
- 6/10Granite Pointe Elementary SchoolGrades: K-5Distance: 2.5 mi
- 6/10Mckee Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Golden Valley High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Granite Pointe
- Middle: McKee
- High: Golden Valley
- District: Greenfield Union
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$285,100
2% more+ $5,702
With Zillow Showcase(estimated)
$290,802