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5321 Nicholas Street

5321 Nicholas Street, Bakersfield, CA 93304
Property in Kern
Sold Jun 03, 2005
$164,000
Buyer
Seller
$141,000 by Kern Schools Fcu
Mortgage Due Jun 01, 2037
Local assessors in Bakersfield, CA have categorized 5321 Nicholas Street as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 7,354 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 5321 Nicholas Street has a total of 1,167 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. 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 436 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 porch and a patio so you'll have great options in both the front and back of the home. 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 - C. 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, 5321 Nicholas Street sold most recently in Oct 8, 2004 for a total of $164,000. If you work out the math, that's approximately a cost of $102.31 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 $3,217 in taxes each year. 5321 Nicholas Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,706. If we break it down further, the land itself was valued at $46,884. Improvements to the property, however, were assessed at a total of $172,822. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 10
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 436
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,354
  • Total Building Area: 1,603
  • Gross Building Area: 1,684
  • Building Area: 1,167
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,167
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 4678 , BLOCK , LOT 7

Ownership

  • Current Owner : LARIOS EDGAR
  • Previous Owner : LARA FRANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Greenfield Union School District
  • Census Tract: 003137

Zoning

  • Zoning: R-1-CH

Geography

  • Assessors Map Reference: 2482-E7
  • Account Number: 372401075
  • Subdivision Tract Number: 4678
  • Parcel: 372-401-07-00-6
  • Block: 7
  • Lot: 7
  • Latitude: 35.3059
  • Longitude: -119.023

    Address

  • Full Address: 5321 Nicholas St
  • Address - House Number: 5321
  • Address - Street Name: Nicholas
  • Address - Suffix Type: St
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 7232
  • Zip Code: 93304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,217
  • Tax Rate Code Area: 00-018

    Appraisal Valuation

  • Standard Deviation: 0.3287
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 34
  • Final Value: 215,398
  • High Value: 286,215
  • Low Value: 144,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,000
  • First Open Lien Mortgage Lender: KERN SCHOOLS FCU
  • First Open Lien Mortgage Recording Date: May 31, 2017
  • First Open Lien Mortgage Loan Amount: $141,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,706
  • Assessed Land Value: $46,884
  • Assessed Improvements Value: $172,822

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2004
  • Current Sale Recording Date: Jun 03, 2005
  • Current Sale Transaction ID: 1027993787
  • Current Sale Price: $164,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 0205142360

    Last Sale Mortgage

  • First Mortgage Lender: AFFILIATED FUNDING CORP
  • First Mortgage Transaction Date: Jun 03, 2005
  • First Mortgage Loan Amount: $131,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Dec 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Bakersfield



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Frequently Asked Questions

What neighborhood is 5321 Nicholas Street located in?
The 5321 Nicholas Street is a located in the neighborhood of Kern in Bakersfield, Bakersfield.
What is the average sales price for listings in 5321 Nicholas Street?
The average sales price for units in 5321 Nicholas Street is $0 currently.

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