For SaleRisky Deal6 days on market
12312 Palm Ave
12312 Palm Ave, Bakersfield, CA 93312, Bakersfield, CA 93312
$765,000
Estimate®:$749,100
Listing Price
12312 Palm Ave, Bakersfield, CA 93312
Loc: Bakersfield, CA
Days Listed
6
Tax Assessed
$402k
Estimate®
$749k
Market Rate
Lot Size
0.43 acres
Rent Estimate
$3,918/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Independence Elementary School
K-6
0.4 mi away
5
Rosedale Middle School
7-8
0.4 mi away
8
Liberty High School
9-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylewhite brickasphalt shingle rooftwo-car garagecurb appeallandscaped lawnpalm treevaulted entrymodern lightingdrivewaysuburbansunset skysingle-storyresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.74%
Total ROI
40.1%
Cash Flow
$-1,587/mo
DSCR
0.60
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,587/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Bakersfield, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $765,000 | $261 |
| 2026-08-14 | Sold | $530,000 | $181 |
| 2016-10-27 | Sold | $340,000 | $116 |
| 2015-09-14 | Sold | $325,000 | $111 |
| 2015-08-20 | Pending sale | $329,900 | $113 |
| 2015-08-18 | Listed for sale | $329,900 | $113 |
| 2015-07-30 | Pending sale | $329,900 | $113 |
| 2015-07-29 | Price change | $329,900 | $113 |
| 2015-07-02 | Price change | $349,900 | $120 |
| 2015-05-30 | Listed for sale | $374,900 | $128 |
| 2004-03-12 | Sold | $350,000 | $120 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $402,484 |
| 2025 | $9,783.8 | $394,593 |
| 2024 | $9,701.62 | $386,857 |
| 2023 | $9,582.19 | $379,272 |
| 2022 | $9,477.16 | $371,836 |
| 2021 | $0 | $364,546 |
| 2020 | $9,271.8 | $360,809 |
| 2019 | $9,195.17 | $360,809 |
| 2018 | $9,077.56 | $346,800 |
| 2017 | $9,005.42 | $340,000 |
| 2016 | $3,914.48 | $325,000 |
| 2015 | $4,872.8 | $414,044 |
| 2014 | $4,691.97 | $399,000 |
| 2013 | $0 | $389,000 |
| 2012 | $4,046.24 | $339,976 |
| 2011 | $3,966.97 | $331,334 |
| 2010 | $3,980.57 | $334,000 |
| 2009 | $4,109.99 | $344,316 |
| 2008 | $4,407.19 | $378,850 |
| 2007 | $4,333.15 | $371,422 |
| 2006 | $4,252.4 | $364,140 |
| 2005 | $4,183.91 | $357,000 |
| 2004 | $3,999.65 | $350,665 |
| 2003 | $3,934.58 | $344,240 |
| 2002 | $3,934.58 | $330,874 |
| 2001 | $3,727.36 | $324,387 |
| 2000 | $0 | $324,387 |
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