Looking for a practical investment or a new home? Check out this property with 4 bedrooms and 1 bathroom, offering a living space of 1,540 sqft and situated on a 7,840 sqft lot. This single-story home is ready for renovation. The property has a composition roof and is located in an R-1 zoned residential area. It's vacant and available for quick move-in to start your project without delay. This is a solid investment opportunity, especially for those interested in a fix & flip or a rental property, as it is priced 22% below market value. The purchase options are versatile, including cash, hard money, or private money. This property is ideal for buyers looking for a straightforward investment or an opportunity. It's sold as-is and not suitable for regular financing due to its investment potential. If you're interested in a property with potential at a reasonable price, get in touch with us today to find out more!
Sold
$245,000
1420 Penny St, Bakersfield, CA 93306
4beds
1,540sqft
Single Family Residence
Built in 1954
7,840 Square Feet Lot
$289,100 Zestimate®
$159/sqft
$2,101 Estimated rent
Home value
$289,100
$272,000 - $304,000
$2,101/mo
Zestimate® history
Owner options
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$1,612/mo
Est. payment
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$1,612/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Gary M. Frausto Jr. DRE #01969289 661-900-4104 garymf2805@gmail.com,
My Realty Company, Inc.,
Omar L. Ortiz DRE #02056548 805-249-0131,
My Realty Company, Inc.
Bought with:
Michelle M. Valverde, DRE #01928975
Better Homes and Gardens RE
Source: Bakersfield AOR,MLS#: 202400460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total structure area: 1,540
- Total interior livable area: 1,540 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 38809115
- Zoning: R1
- Zoning description: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1954
Community & HOA
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $249,900
- Annual tax amount: $3,873
- Date on market: 2/5/2024
- Cumulative days on market: 16 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Listing removed | -- |
Source:  Bakersfield AOR #202407020 Report a problem | ||
| 7/16/2024 | Listed for sale | $363,900$236/sqft |
Source: Bakersfield AOR #202407020 Report a problem | ||
| 7/16/2024 | Listing removed | -- |
Source: Bakersfield AOR #202406518 Report a problem | ||
| 7/2/2024 | Listed for sale | $363,900-0.3%$236/sqft |
Source: Bakersfield AOR #202406518 Report a problem | ||
| 7/2/2024 | Listing removed | -- |
Source: Bakersfield AOR #202405960 Report a problem | ||
| 6/17/2024 | Listed for sale | $364,900$237/sqft |
Source: Bakersfield AOR #202405960 Report a problem | ||
| 6/16/2024 | Listing removed | -- |
Source: Bakersfield AOR #202405429 Report a problem | ||
| 6/2/2024 | Listed for sale | $364,900-1.4%$237/sqft |
Source: Bakersfield AOR #202405429 Report a problem | ||
| 6/1/2024 | Listing removed | -- |
Source: Bakersfield AOR #202403586 Report a problem | ||
| 5/1/2024 | Price change | $370,000-1.3%$240/sqft |
Source: Bakersfield AOR #202403586 Report a problem | ||
| 4/14/2024 | Listed for sale | $375,000+53.1%$244/sqft |
Source: Bakersfield AOR #202403586 Report a problem | ||
| 2/15/2024 | Sold | $245,000$159/sqft |
Source: Bakersfield AOR #202400460 Report a problem | ||
| 2/7/2024 | Pending sale | $245,000$159/sqft |
Source: Bakersfield AOR #202400460 Report a problem | ||
| 2/5/2024 | Listed for sale | $245,000-7.5%$159/sqft |
Source: Bakersfield AOR #202400460 Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: Bakersfield AOR #202400460 Report a problem | ||
| 1/11/2024 | Listed for sale | $265,000+159.8%$172/sqft |
Source: Bakersfield AOR #202400460 Report a problem | ||
| 12/26/2014 | Sold | $102,000+44.7%$66/sqft |
Source: Bakersfield AOR #21410432 Report a problem | ||
| 5/17/2013 | Listing removed | $1,000$1/sqft |
Source: eHomes of Bakersfield Report a problem | ||
| 4/4/2013 | Listed for rent | $1,000$1/sqft |
Source: eHomes of Bakersfield Report a problem | ||
| 6/4/2012 | Sold | $70,500+8.5%$46/sqft |
Source: Bakersfield AOR #21205038 Report a problem | ||
| 5/14/2012 | Listed for sale | $64,950-63.9%$42/sqft |
Source: NCI #21205038 Report a problem | ||
| 4/7/2006 | Sold | $180,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,873 +38.3% | $249,900 +40.1% |
| 2024 | $2,801 -1.2% | $178,411 +2% |
| 2023 | $2,835 +5.1% | $174,915 +2% |
| 2022 | $2,698 | $171,485 +51.4% |
| 2021 | -- | $113,247 +1% |
| 2020 | $1,900 +1.6% | $112,087 |
| 2019 | $1,869 +2.3% | $112,087 +4% |
| 2018 | $1,827 +1.7% | $107,736 +2% |
| 2017 | $1,796 +5.1% | $105,625 +2% |
| 2016 | $1,710 +1.2% | $103,555 +1.5% |
| 2015 | $1,690 +27% | $102,000 +41.2% |
| 2014 | $1,330 | $72,236 +0.5% |
| 2013 | -- | $71,910 +51.6% |
| 2012 | $1,036 +4.1% | $47,420 |
| 2011 | $996 -12.2% | $47,420 -21% |
| 2010 | $1,135 -10.4% | $60,000 -16.7% |
| 2009 | $1,266 -32.8% | $72,001 -44.4% |
| 2008 | $1,883 -22.4% | $129,598 -28% |
| 2007 | $2,428 +153.9% | $180,000 +274.1% |
| 2006 | $956 +3.1% | $48,119 +2% |
| 2005 | $927 +3.7% | $47,177 |
| 2004 | $895 +9.8% | $47,177 +1.9% |
| 2003 | $815 | $46,314 +4% |
| 2002 | $815 +1.1% | $44,518 +2% |
| 2001 | $806 | $43,646 |
| 2000 | -- | $43,646 |
Find assessor info on the county website
Neighborhood: East Niles
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Orangewood Elementary SchoolGrades: K-4Distance: 1 mi
- 3/10Edison Middle SchoolGrades: 5-8Distance: 2.6 mi
- 5/10Foothill High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Orangewood
- Middle: Edison
- High: Foothill
- District: Edison
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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Estimated market value
$289,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$289,100
- California
- Kern County
- Bakersfield
- 93306
- East Niles
- 1420 Penny St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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