NOT LISTED FOR SALE

5502 Veneto St Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $446,107

3 Beds
2 Baths
2,203 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2025

Last sale price $430,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,946 / mo

9 Days on Market

Highlights

  • Solar owned by seller
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2025

Northwest Bakersfield gem in San Lauren! This Kyle Carter 3 bed, 2 bath+ office home has walk-in closets in every room, RV parking, and a storage shed. Enjoy the large backyard with covered patioperfect for gatherings or relaxing eveningsall just minutes from schools and the freeway! Make an appointment today

Last Agent to Sell the Property

Loren Hall

Miramar International Calloway License #01731841 Listed on: 08/24/2025

Last Buyer's Agent

Lee Balgeman

Emerge Real Estate License #01451605

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 10,018 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,203 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Solar owned by seller
  • Central Heating and Cooling System

Community Details

  • 6013 Ph 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36536302

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

10,018 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 2003
  • Building Stories: 1
  • Solar Owned Leased: Owned
  • Deposit Amount Required: 4000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2300
  • MLS Status: Sold
  • Standard Status: Closed
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 2203.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 10018.00
  • Parcel #: 36536302

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: San Lauren

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2025
Closed on
Oct 24, 2025
Sold by
Machado Fernando M
Bought by
Seller's Agent
Loren Hall
Miramar International Calloway
Buyer's Agent
Lee Balgeman
Emerge Real Estate
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%
Views
15
Current Estimated Value
$446,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,107
Avg. Annual Appreciation
4.08%
Original Mortgage
$344,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2025
Closed on
Sep 29, 2025
Sold by
Machado Lizbeth
Bought by
Machado Fernando M
Seller's Agent
Loren Hall
Miramar International Calloway
Buyer's Agent
Lee Balgeman
Emerge Real Estate
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2025
Closed on
Sep 9, 2025
Sold by
Johnson Patricia L
Bought by
Machado Fernando M
Seller's Agent
Loren Hall
Miramar International Calloway
Buyer's Agent
Lee Balgeman
Emerge Real Estate
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Citibank Na
Bought by
Johnson Jimmie D and Johnson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,298
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2008
Sold by
Harris Galen
Bought by
Citibank Na and First Franklin Mortgage Loan Trust Mortg

Purchase Details

Closed on
Sep 16, 2005
Sold by
Valdez Joseph G and Valdez Kelly M
Bought by
Harris Galen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 26, 2003
Sold by
Mcmillin San Lauren Llc
Bought by
Valdez Joseph Glenn and Valdez Kelly Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,226
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olive Drive Area, CA

  • Bart Tipton Real Estate Agent - Bart Tipton, Broker

    Bart Tipton

    Bart Tipton, Broker

    (661) 384-7043

    286 Total Sales

    3 in Olive Drive Area

    $400K - $1.1M Price Range

    Bart Tipton
     Section Image
  • David Norris Real Estate Agent - Miramar International Calloway

    David Norris

    Miramar International Calloway

    (661) 535-0247

    16 Total Sales

    2 in Olive Drive Area

    $660,000 Price Range

    David Norris
     Section Image
  • William Gordon Real Estate Agent - Watson Realty

    William Gordon

    Watson Realty

    (805) 918-8011

    431 Total Sales

    6 in Olive Drive Area

    $4K - $545K Price Range

    William Gordon
     Section Image
  • Ryan Stevens Real Estate Agent - Pacific Shore Real Estate, Inc

    Ryan Stevens

    Pacific Shore Real Estate, Inc

    (661) 404-7474

    84 Total Sales

    3 in Olive Drive Area

    $377K - $495K Price Range

    Ryan Stevens
     Section Image
  • Bobby Chalhoub Real Estate Agent - Broker X

    Bobby Chalhoub

    Broker X

    (661) 490-9451

    80 Total Sales

    2 in Olive Drive Area

    $335K - $519K Price Range

    Bobby Chalhoub
     Section Image
  • Valerie Driesen Real Estate Agent - Jeff Jackson & Associates

    Valerie Driesen

    Responds Quickly

    Jeff Jackson & Associates

    (661) 384-8524

    95 Total Sales

    6 in Olive Drive Area

    $375K - $515K Price Range

    Valerie Driesen
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Machado Fernando M -- Placer Title
Machado Fernando M $430,000 Placer Title
Johnson Jimmie D $263,000 First American Title Company
Citibank Na $259,296 Accommodation
Harris Galen $395,000 Fidelity Title
Harris Galen A -- Fidelity Title
Valdez Joseph Glenn $177,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $344,000
Previous Owner Johnson Patricia L $3,499
Closed Johnson Jimmie D $258,298
Previous Owner Harris Galen $316,000
Previous Owner Valdez Joseph Glenn $141,226
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/13/2025 10/13/25 Sold $430,000 0.0% $195 / Sq Ft
09/02/2025 09/02/25 Pending -- -- --
08/24/2025 08/24/25 For Sale $429,900 -- $195 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,893 $430,000 $90,000 $340,000
2025 $4,778 $338,662 $77,258 $261,404
2024 $4,778 $332,023 $75,744 $256,279
2023 $4,697 $325,513 $74,259 $251,254
2022 $4,611 $319,131 $72,803 $246,328
2021 $4,507 $312,875 $71,376 $241,499
2020 $4,737 $309,668 $70,645 $239,023
2019 $4,680 $309,668 $70,645 $239,023
2018 $4,570 $297,645 $67,902 $229,743
2017 $4,567 $291,810 $66,571 $225,239
2016 $4,317 $286,089 $65,266 $220,823
2015 $4,198 $281,793 $64,286 $217,507
2014 $4,101 $276,274 $63,027 $213,247
Source: Public Records

Agents Affiliated with this Home

  • Loren Hall Real Estate Agent - Miramar International Calloway

    Seller's Agent in 2025

    Loren Hall

    Miramar International Calloway

    (661) 491-4255

    1 in this area

    27 Total Sales

    Loren Hall
    Section Image

  • LB

    Buyer's Agent in 2025

    Lee Balgeman

    Emerge Real Estate

    (805) 975-8326

    3 in this area

    67 Total Sales

    Lee Balgeman
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202509648

Bakersfield Association of REALTORS® / GEMLS

APN: 365-363-02-00-2

California Kern County Bakersfield 93308 Olive Drive Area

5502 Veneto St, Bakersfield, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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