2004 Three Bridges Way Bakersfield, CA 93311

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3 beds · 2 baths · 3,102 sq ft · Lot Size: 10,890 sq ft · Single Family Home · Seven Oaks
Est. Property Value: $745,595

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2004 Three Bridges Way is in the Seven Oaks neighborhood of Bakersfield, CA. It is located in Kern County and ZIP code 93311. This Single Family Home was built in 2003 and is approximately 22 years old. The single family home spans 3102 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 2013 for $510,000 and has a tax-assessed value of $776,340, which is $240 per sq ft. The Seven Oaks area of Bakersfield has 804 residential homes with an average size of 2172 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2004 Three Bridges Way Bakersfield, CA 93311 with Property Intel by Whitepages.

Owners & Occupancy for 2004 Three Bridges Way

This property is owned by Van Tong Voong. Owner contact information includes 10 phone numbers and 1 email address.

Property Owners

Cell Phone(626) ***-****View Cell Phone
Residence***************
Landline(626) 412-8756
Distance from Property**********
Email Address********@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1********
Resident 2************ age 53
Resident 3************** age 54

Property Financials for 2004 Three Bridges Way

2004 Three Bridges Way, Bakersfield, CA has a mortgage from Wells Fargo Bk Na (orig. May 23, 2013). The Kern county assessment for 2023 values it at $776,340, with annual taxes of $8,091.

Mortgage & Equity Information

Loan Amount$******
LenderWells Fargo Bk Na
Origination DateMay 23, 2013
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateApril 30, 2013
Property Tax Amount$8,091 in 2023
Purchase Price$510,000
Assessed Value$776,340 on 2023

Investment Potential for 2004 Three Bridges Way

The property has a current estimated value of $745,595, which is 44% above the neighborhood median, based on public records. It last sold on April 30, 2013 for $510K. Projected long-term
is $40,800 annually ($3,400 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$40,800 per year($3,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 93311 zip code
 
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Property Details for 2004 Three Bridges Way

Property Details

Property Sq Ft

Living Area

3,102 sq ft

43% above market

Lot Size

10,890 sq ft

25% above market

Price Per Sq Ft

Living Area

$240 / sq ft

4% below market

Lot Size Area

$68 / sq ft

9% above market

Property condition, age, exterior, etc. for 2004 Three…
Longitude: -119.128361 Latitude: 35.336956 Parcel Number (APN): 523-221-05-00-8…

Recommended Properties in Seven Oaks

Discover more single family homes near 2004 Three Bridges Way in Bakersfield, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2004 Three Bridges Way in Kern County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$745,595
$639,752
$105,843 (17%)
$755,046
$105,316 (14%)
YoY Price Change
Year Built
2003
1971
32 years
Living Space
3,102 sq ft
1,519 sq ft
1583 (104%)
$ Per Living Sq Ft
$240
$420
-$180 (-43%)
Lot Size
10,890 sq ft
7,020 sq ft
3870 (55%)
$ Per Lot Sq Ft
$68
$88
-$20 (-23%)

Net Operating Income
$26,724
-$4,876 (-18%)
Annual Revenue
$40,800
$44,400
-$3,600 (-8%)
$14,609
$4,343 (30%)
Net Operating Income
$26,724
-$4,876 (-18%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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