NOT LISTED FOR SALE

5316 Lance St Bakersfield, CA 93308

Fruitvale Neighborhood

Estimated Value: $429,851 - $458,000

3 Beds
2 Baths
1,782 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $320,000 $180 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,689/month

5 Days on Market

Highlights

  • 1 Fireplace
  • 1-Story Property
  • 5-minute walk to Olive Park East
  • Centennial High School Rated A-

About This Home

As of February 2021

This charming home in the Olive Drive area sits on a large lot with beautiful, mature trees, and RV parking. When you step inside, you will immediately feel at home in this 3 bedroom, 2 bath home that boasts pride of ownership. Along with being in a great location, there are two community parks within walking distance. Whether this is your first home, or your last, you won't want to pass this house by. Schedule a showing today and start the new year in a new home!

Last Agent to Sell the Property

Kayley Price

Unknown Broker License #02104762 Listed on: 01/04/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Olive Drive Elementary School
  • Norris Middle School
  • Centennial High School

Listing and Financial Details

  • Assessor Parcel Number 50615109

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1978
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2603
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1782.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Centennial
  • Middle Or Junior School: Norris

Lot Info

  • Zoning Description: E
  • Lot Size Sq Ft: 11340.00
  • Parcel #: 50615109

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 8, 2021
Sold by
Downs David S and Downs Kathryn A
Bought by
Timmons Bryan S and Timmons Kathryn A
Seller's Agent
Kayley Price
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$442,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,463
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Aug 23, 2007
Sold by
Cadwallader William Y and Cadwallader Jean N
Bought by
Downs David S and Downs Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1998
Sold by
Cadwallader William and Cadwallader Jean
Bought by
Cadwallader William Y and Cadwallader Jean N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Timmons Bryan S $320,000 Chicago Title Company
Downs David S $225,000 First American Title Company
Cadwallader William Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs David S $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2021 02/09/21 Sold $320,000 +1.6% $180 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $315,000 -- $177 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,502 $346,377 $75,769 $270,608
2024 $4,418 $339,586 $74,284 $265,302
2023 $4,418 $332,928 $72,828 $260,100
2022 $4,343 $326,400 $71,400 $255,000
2021 $3,685 $273,023 $72,802 $200,221
2020 $3,578 $270,224 $72,056 $198,168
2019 $3,526 $270,224 $72,056 $198,168
2018 $3,411 $259,733 $69,259 $190,474
2017 $3,426 $254,641 $67,901 $186,740
2016 $3,190 $249,649 $66,570 $183,079
2015 $3,136 $245,900 $65,571 $180,329
2014 $3,051 $241,084 $64,287 $176,797
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kayley Price

    Unknown Broker

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202100062

Bakersfield Association of REALTORS® / GEMLS

APN: 506-151-09-00-5

California Kern County Bakersfield 93308 Fruitvale

5316 Lance St, Bakersfield, CA

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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