5201 Fairfax Rd Bakersfield, CA 93306

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3 beds · 2 baths · 1,337 sq ft · Lot Size: 7,415 sq ft · Single Family Home
Est. Property Value: $276,710

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5201 Fairfax Rd is in the 93306 neighborhood of Bakersfield, CA. It is located in Kern County and ZIP code 93306. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 1337 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7415 sq ft lot. According to public records, it was last sold in 2016 for $155,000 and has a tax-assessed value of $285,840, which is $207 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5201 Fairfax Rd Bakersfield, CA 93306 with Property Intel by Whitepages.

Owners & Occupancy for 5201 Fairfax Rd

This property is owned by Adam P Monsibais. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

OccupationMaintenance Technician, Matrix Service
Cell Phone(661) ***-****View Cell Phone
Residence***************
Landline(661) 871-8426
Distance from Property**********
Email Address*************@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************* age 33
Resident 2**************** age 36
Resident 3*************** age 46
Resident 4***************

Property Financials for 5201 Fairfax Rd

5201 Fairfax Rd, Bakersfield, CA has a mortgage from Homestreet Bk (orig. June 11, 2016). The Kern county assessment for 2023 values it at $285,840, with annual taxes of $2,763.

Mortgage & Equity Information

Loan Amount$******
LenderHomestreet Bk
Origination DateJune 11, 2016
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateMay 11, 2016
Property Tax Amount$2,763 in 2023
Purchase Price$155,000
Assessed Value$285,840 on 2023

Investment Potential for 5201 Fairfax Rd

The property has a current estimated value of $276,710, which is 13% below the zip median, based on public records. It last sold on May 11, 2016 for $155K. Projected long-term
is $27,600 annually ($2,300 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 93306 zip code
 
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Property Details for 5201 Fairfax Rd

Property Details

Property Sq Ft

Living Area

1,337 sq ft

8% below market

Lot Size

7,415 sq ft

3% below market

Price Per Sq Ft

Living Area

$207 / sq ft

4% below market

Lot Size Area

$37 / sq ft

8% below market

Property condition, age, exterior, etc. for 5201 Fairf…
Longitude: -118.929713 Latitude: 35.400851 Parcel Number (APN): 438-021-02-00-0…

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Discover more single family homes near 5201 Fairfax Rd 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 5201 Fairfax Rd in Kern County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$276,710
$639,752
-$363,043 (-57%)
$755,046
-$438,175 (-58%)
YoY Price Change
Year Built
1980
1971
9 years
Living Space
1,337 sq ft
1,519 sq ft
-182 (-12%)
$ Per Living Sq Ft
$207
$420
-$213 (-51%)
Lot Size
7,415 sq ft
7,020 sq ft
395 (6%)
$ Per Lot Sq Ft
$37
$88
-$51 (-58%)

Net Operating Income
$26,724
-$7,600 (-28%)
Annual Revenue
$27,600
$44,400
-$16,800 (-38%)
$14,609
-$6,133 (-42%)
Net Operating Income
$26,724
-$7,600 (-28%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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