7617 Weldon Ave Bakersfield, CA 93308

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3 beds · 2 baths · 1,650 sq ft · Lot Size: 10,079 sq ft · Single Family Home · Fruitvale
Est. Property Value: $391,539

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7617 Weldon Ave is in the Fruitvale neighborhood of Bakersfield, CA. It is located in Kern County and ZIP code 93308. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 1650 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10079 sq ft lot. According to public records, it was sold for $131,000 and has a tax-assessed value of $386,010, which is $237 per sq ft. The Fruitvale area of Bakersfield has 1248 residential homes with an average size of 1863 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7617 Weldon Ave Bakersfield, CA 93308 with Property Intel by Whitepages.

7617 Weldon Ave

Bakersfield, CA 93308

Owner Info

Owners & Occupancy for 7617 Weldon Ave

This property is owned by Larry D Kirkendall. Owner contact information includes 5 phone numbers and 5 email addresses.

Property Owners

Cell Phone(661) ***-****View Cell Phone
Residence*********
Landline(661) 393-2616
Distance from Property**********
Email Address************@yahoo.comView Email

Occupancy

Resident 1***************
Resident 2********************* age 44

Property Financials for 7617 Weldon Ave

7617 Weldon Ave, Bakersfield, CA has no known mortgage. The Kern county assessment for 2023 values it at $386,010, with annual taxes of $3,124.

Property Tax

Property Tax Amount$3,124 in 2023
Purchase Price$131,000
Assessed Value$386,010 on 2023

Investment Potential for 7617 Weldon Ave

The property has a current estimated value of $391,539, which is 3% below the neighborhood median, based on public records. It last sold for $131,000. Projected long-term
is $25,800 annually ($2,150 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 93308 zip code
 
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Property Details for 7617 Weldon Ave

Property Details

Property Sq Ft

Living Area

1,650 sq ft

11% below market

Lot Size

10,079 sq ft

4% below market

Price Per Sq Ft

Living Area

$237 / sq ft

9% above market

Lot Size Area

$39 / sq ft

2% below market

Property condition, age, exterior, etc. for 7617 Weldo…
Longitude: -119.087307 Latitude: 35.405336 Parcel Number (APN): 506-240-02-00-3…

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Market Benchmarks

Compare data for 7617 Weldon Ave in Kern County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$391,539
$639,752
-$248,213 (-39%)
$755,046
-$309,784 (-41%)
YoY Price Change
Year Built
1980
1971
9 years
Living Space
1,650 sq ft
1,519 sq ft
131 (9%)
$ Per Living Sq Ft
$237
$420
-$183 (-44%)
Lot Size
10,079 sq ft
7,020 sq ft
3059 (44%)
$ Per Lot Sq Ft
$39
$88
-$50 (-56%)

Net Operating Income
$26,724
-$10,342 (-39%)
Annual Revenue
$25,800
$44,400
-$18,600 (-42%)
$14,609
-$5,191 (-36%)
Net Operating Income
$26,724
-$10,342 (-39%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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