NOT LISTED FOR SALE

5401 Midsummer Dr Unit A Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $233,000 - $299,000

3 Beds
2.5 Baths
1,436 Sq Ft
1,233 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $120,000 $84 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,611/month

43 Days on Market

About This Home

As of May 2016

This is a great opportunity to live in the Northwest ! This well maintained 3 brm 2.5 bath condo is surrounded by tranquil landscaping and private enclosed patio. It also has a 2 car garage! All the upgrades that you could want have already been done. All of the walk areas have upgraded tile with carpet in the living room and large bedrooms. The kitchen and bath tile, as well as all of the fixtures, have been upgraded. The master bedroom is huge! Large enough for a sitting area or computer area. There is also a great opportunity for a rental investment. Don't miss out on this one. They don't come on the market very often!

Last Agent to Sell the Property

Karen McKinzie

Unknown Broker License #01149506 Listed on: 03/18/2016

Last Buyer's Agent

Andy Lagasse

Unknown Broker License #01871985

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 1,233

Parking

  • 2 Car Garage

Home Design

  • Wood Roof

Interior Spaces

  • 1,436 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Schools

  • San Lauren Elementary School
  • Beardsley Middle School
  • Centennial High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 36416006

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1980
  • Building Stories: 2
  • Solar Owned Leased: None
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.0283
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 3
  • Living Area: 1436.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC

Condo/Co-op/Association

  • Association Fee: 250.00

Schools

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

Lot Info

  • Zoning Description: Condo/Pud
  • Lot Size Sq Ft: 1234.00
  • Parcel #: 36416006

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 18, 2016
Sold by
Alexander William
Bought by
Jijon Alberto and Diaz Leticia
Seller's Agent
Karen McKinzie
Unknown Broker
Buyer's Agent
Andy Lagasse
Unknown Broker
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$266,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,039
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Mar 9, 2005
Sold by
Alexander Patsy Ann
Bought by
Alexander William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Muir John A
Bought by
Alexander William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2002
Sold by
Mcnaughton Jarrod B
Bought by
Muir John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,720
Interest Rate
5.99%
Mortgage Type
VA

Purchase Details

Closed on
Jul 11, 2001
Sold by
Mcnaughton Barbara G
Bought by
Mcnaughton Jarrod B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,794
Interest Rate
7.1%

Purchase Details

Closed on
Apr 26, 1995
Sold by
Hud
Bought by
Mcnaughton Barbara and Courser Darel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,157
Interest Rate
8.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1994
Sold by
Keycorp Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 21, 1994
Sold by
Cal Western Reconveyance Corp
Bought by
Keycorp Mtg Inc
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
Jijon Alberto $120,000 First American Title Company
Alexander William L -- First American Title
Alexander William L $138,000 First American Title
Muir John A $86,000 First American Title
Mcnaughton Jarrod B $79,500 Stewart Title
Mcnaughton Barbara G -- Stewart Title
Mcnaughton Barbara $56,000 Heritage Title Co
Hud -- Fidelity National Title
Keycorp Mtg Inc $70,622 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander William L $131,100
Previous Owner Muir John A $87,720
Previous Owner Mcnaughton Jarrod B $78,794
Previous Owner Mcnaughton Barbara $57,157
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $120,000 -4.0% $84 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $125,000 -- $87 / 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 $2,650 $142,050 $17,755 $124,295
2024 $2,583 $139,265 $17,407 $121,858
2023 $2,583 $136,535 $17,066 $119,469
2022 $2,436 $133,859 $16,732 $117,127
2021 $2,347 $131,235 $16,404 $114,831
2020 $2,270 $129,890 $16,236 $113,654
2019 $2,249 $129,890 $16,236 $113,654
2018 $2,160 $124,848 $15,606 $109,242
2017 $2,108 $122,400 $15,300 $107,100
2016 $1,686 $110,000 $15,000 $95,000
2015 $1,639 $110,000 $20,000 $90,000
2014 $1,339 $85,000 $10,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen McKinzie

    Unknown Broker

  • A

    Buyer's Agent in 2016

    Andy Lagasse

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21603331

Bakersfield Association of REALTORS® / GEMLS

APN: 364-160-06-00-8

California Kern County Bakersfield 93308 Olive Drive Area

5401 Midsummer Dr Unit A, Bakersfield, CA

Not Listed for Sale

Condos

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