NOT LISTED FOR SALE

5551 Midsummer Dr Unit A Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $216,000 - $250,000

2 Beds
2.5 Baths
1,122 Sq Ft
$325/mo HOA Fee

Last Sold May 16, 2023

Last sale price $220,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,841/month

43 Days on Market

About This Home

As of May 2023

Charming condominium in the Olive Drive area. 2 bedrooms, 2.5 bathrooms, fireplace, LEASED solar, and attached 2-car garage, close to shopping and freeway access. This Condo is an end unit with lots of windows and tons of ambient light. The downstairs boast a large functional kitchen that is open to the dining area and living room, which has vaulted ceilings. Upstairs you'll find a private suite with attached balcony and bathroom with another large bedroom and bathroom across the hall.

Last Agent to Sell the Property

Marietta Miller

Freedom Realty and Property License #02014896 Listed on: 04/02/2023

Last Buyer's Agent

Bryce Garewal

The Garewal Group- Emerge Real License #02128115

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 1,307

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,122 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Eco-Friendly Details

  • Solar owned by a third party

Schools

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

Community Details

  • Summerside Village HOA

Listing and Financial Details

  • Assessor Parcel Number 36416019

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1980
  • Building Stories: 2
  • Solar Owned Leased: Leased
  • H O A Fee1 Frequency: Monthly
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.0300
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Living Area: 1122.00

Exterior Features

  • Roof: Composition
  • Disclosures: CC&Rs, HOA Fees
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat,Wood Burning Stove

Condo/Co-op/Association

  • Association Fee: 325.00
  • Association Name: Summerside Village HOA

Schools

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

Lot Info

  • Zoning Description: Condo/PUD
  • Lot Size Sq Ft: 1306.00
  • Parcel #: 36416019

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 16, 2023
Sold by
Smith Zekeiel T
Bought by
Garcia Jose and Martinez George
Seller's Agent
Marietta Miller
Freedom Realty and Property
Buyer's Agent
Bryce Garewal
The Garewal Group- Emerge Real
List Price
$213,000
Sold Price
$220,000
Premium/Discount to List
$7,000
3.29%
Views
757
Current Estimated Value
$230,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,293
Avg. Annual Appreciation
1.64%
Original Mortgage
$176,000
Outstanding Balance
$171,043
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$58,459

Purchase Details

Closed on
Oct 18, 2021
Sold by
Duffy Zoa Francis and Zoa Frances Duffy Living Trust
Bought by
Smith Zekeiel T

Purchase Details

Closed on
Aug 29, 2017
Sold by
Duffy Zoa
Bought by
Duffy Zoa Frances and Zoa Frances Duffy Living Trust

Purchase Details

Closed on
Jul 27, 2015
Sold by
Duffy Zoa
Bought by
Duffy Zoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 9, 2000
Sold by
Rodriguez Ruben G and Rodriguez Amelia
Bought by
Duffy Zoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,858
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2000
Sold by
Duffy Harold
Bought by
Duffy Zoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,858
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1995
Sold by
Hud
Bought by
Rodriguez Ruben J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,624
Interest Rate
8.46%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1994
Sold by
Fleet Real Estate Funding Corp
Bought by
Hud

Purchase Details

Closed on
Oct 28, 1994
Sold by
Keenan Kenneth W and Golden Empire Mtg Inc
Bought by
Fleet Real Estate Funding Corp
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
Garcia Jose $220,000 Ticor Title Company
Smith Zekeiel T $165,000 Placer Title Company
Duffy Zoa Frances -- None Available
Duffy Zoa -- Chicago Title Company
Duffy Zoa $60,000 Stewart Title
Duffy Zoa -- Stewart Title
Rodriguez Ruben J $54,500 Heritage Title Company
Hud -- Fidelity National Title Ins
Fleet Real Estate Funding Corp $62,244 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jose $176,000
Closed Garcia Jose $44,000
Previous Owner Duffy Zoa $20,000
Previous Owner Duffy Zoa $59,858
Previous Owner Rodriguez Ruben J $55,624
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $220,000 +3.3% $196 / Sq Ft
04/02/2023 04/02/23 For Sale $213,000 -- $190 / 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 $3,656 $228,888 $46,818 $182,070
2024 $3,656 $224,400 $45,900 $178,500
2023 $2,961 $168,300 $25,500 $142,800
2022 $2,810 $165,000 $25,000 $140,000
2021 $1,677 $83,502 $22,262 $61,240
2020 $1,677 $82,647 $22,034 $60,613
2019 $1,591 $82,647 $22,034 $60,613
2018 $1,519 $79,439 $21,179 $58,260
2017 $1,473 $77,882 $20,764 $57,118
2016 $1,210 $76,356 $20,357 $55,999
2015 $1,159 $75,210 $20,052 $55,158
2014 $1,131 $73,738 $19,660 $54,078
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marietta Miller

    Freedom Realty and Property

    1 in this area

    5 Total Sales

    Marietta Miller
    Section Image

  • B

    Buyer's Agent in 2023

    Bryce Garewal

    The Garewal Group- Emerge Real

    3 in this area

    53 Total Sales

    Bryce Garewal
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202302610

Bakersfield Association of REALTORS® / GEMLS

APN: 364-160-19-00-6

California Kern County Bakersfield 93308 Olive Drive Area

5551 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.
Copyright Golden Empire MLS, Inc. 2025.

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