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505 Wallace St; Bakersfield, CA Property Details

505 Wallace St, Bakersfield, CA is a Duplex 2 Units that was built in 1935. This property is currently Financed and is not for sale. Our records show that 505 Wallace St has 6 bedrooms, and 1 bathroom, and a total of 1,608 square feet. The lot size of 505 Wallace St is 11,568 square feet.

Off market
505 Wallace St Bakersfield, CA 93307
$230,285 Estimated Value
6 Beds
1 Baths
1,608 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1935
  • Purchase Price: $150,000
  • Open Loans / Balance: 3 / $178,585
  • Est. Equity / %: $214,415 / 54.56%
  • APN: 139-251-08-00-5
  • Situs County: Kern
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Quality: C

Measurements

  • Total: 1,608/SqFt
  • Lot: 11,568/SqFt
  • Gross: 1,502/SqFt
  • Garage: 376/SqFt
  • Living: 1,608/SqFt
  • Building: 1,312/SqFt
  • Ground: 572/SqFt
  • Price Per Square Foot: $93.28

Legal Description

  • Description: CITY UNION , BLOCK 3 , LOT 5-7
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Kern High School District
  • Lat / Lon: 35.36194 / -119.00209
  • Subdivision: Union Avenue Tract Addition #1
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 0201

Amenities

  • Plus Four: 1448
  • Garage: Carport
  • Heating: Floor/Wall
  • Parking: 1

Ownership Info

505 Wallace St has no associated ownership info
505 Wallace St has no associated ownership info.

Taxes

505 Wallace St has 7 associated Taxes items

505 Wallace St, Bakersfield, CA pays taxes in Kern County, CA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $230,285. The APN we've located for 505 Wallace St is 139-251-08-00-5.

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Taxes
  • Assessed Value:  $230,285
  • Assessed Year:  2026
  • Assessed County:  Kern
  • APN:  139-251-08-00-5
  • Assessed Land Value:  28424
  • Tax Amount:  3905.6
  • Tax Year:  2025

Tax History

505 Wallace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $230,285 Land Value $28,424 Improvement Value $201,861 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,905.6 Change Rate +0.016803% Assessed CR Tax Rate
Year 2024 Assessed Value $221,345 Land Value $27,321 Improvement Value $194,024 Tax Amount $3,841.06 Change Rate +0.023358% Assessed CR Tax Rate +0.017353%
Year 2023 Assessed Value $217,006 Land Value $26,786 Improvement Value $190,220 Tax Amount $3,753.39 Change Rate +0.027347% Assessed CR Tax Rate +0.017296%
Year 2022 Assessed Value $212,752 Land Value $26,261 Improvement Value $186,491 Tax Amount $3,653.48 Change Rate +0.083826% Assessed CR Tax Rate +0.017172%
Year 2021 Assessed Value $208,582 Land Value $25,747 Improvement Value $182,835 Tax Amount $3,370.91 Change Rate Assessed CR Tax Rate +0.016161%
Year 2020 Assessed Value $206,444 Land Value $25,483 Improvement Value $180,961 Tax Amount $3,370.91 Change Rate +0.136893% Assessed CR Tax Rate +0.016328%
Year 2019 Assessed Value $180,000 Land Value $40,000 Improvement Value $140,000 Tax Amount $2,965.02 Change Rate +0.176138% Assessed CR Tax Rate +0.016472%
Year 2018 Assessed Value $145,000 Land Value $30,000 Improvement Value $115,000 Tax Amount $2,520.98 Change Rate +0.023757% Assessed CR Tax Rate +0.017386%
Year 2017 Assessed Value $139,000 Land Value $20,000 Improvement Value $119,000 Tax Amount $2,462.48 Change Rate +0.114971% Assessed CR Tax Rate +0.017716%
Year 2016 Assessed Value $129,000 Land Value $25,000 Improvement Value $104,000 Tax Amount $2,208.56 Change Rate +0.839179% Assessed CR Tax Rate +0.017121%
Year 2015 Assessed Value $40,000 Land Value $10,000 Improvement Value $30,000 Tax Amount $1,200.84 Change Rate +0.024328% Assessed CR Tax Rate +0.030021%
Year 2014 Assessed Value $40,000 Land Value $10,000 Improvement Value $30,000 Tax Amount $1,172.32 Change Rate Assessed CR Tax Rate +0.029308%