NOT LISTED FOR SALE

5551 Midsummer Dr Unit A Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $220,000 - $230,756

2 Beds
2.5 Baths
1,122 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: May 16, 2023

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

Est. 2% increase in value since last sale

Current estimated payment $1,872 / mo

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

Broker X License #02128115

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

1,307 Sq Ft Lot

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

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
Apr 2, 2023
Closed on
May 16, 2023
Sold by
Bought by
Seller's Agent
Marietta Miller
Freedom Realty and Property
Buyer's Agent
Bryce Garewal
Broker X
List Price
$213,000
Sold Price
$220,000
Premium/Discount to List
$7,000
3.29%
Views
724
Current Estimated Value
$224,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,939
Avg. Annual Appreciation
0.69%
Original Mortgage
$176,000
Outstanding Balance
$169,289
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$55,650

Purchase Details

Closed on
Oct 18, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2015
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Nov 30, 1994
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1994
Sold by
Bought by
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

  • Ulices Melendez Real Estate Agent - Ulices B. Melendez, Broker

    Ulices Melendez

    Ulices B. Melendez, Broker

    (661) 241-9624

    137 Total Sales

    2 in Olive Drive Area

    $373K - $425K Price Range

    Ulices Melendez
     Section Image
  • Bart Tipton Real Estate Agent - Bart Tipton, Broker

    Bart Tipton

    Bart Tipton, Broker

    (661) 384-7043

    296 Total Sales

    4 in Olive Drive Area

    $377K - $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

    426 Total Sales

    9 in Olive Drive Area

    $386K - $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

    90 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

    78 Total Sales

    2 in Olive Drive Area

    $335K - $519K Price Range

    Bobby Chalhoub
     Section Image
See All Agents

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
$220,000 Ticor Title Company
$165,000 Placer Title Company
-- None Available
-- Chicago Title Company
$60,000 Stewart Title
-- Stewart Title
$54,500 Heritage Title Company
-- Fidelity National Title Ins
$62,244 Fidelity National Title Ins
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
Open $176,000
Closed $44,000
Previous Owner $20,000
Previous Owner $25,000
Previous Owner $20,000
Previous Owner $59,122
Previous Owner $59,552
Previous Owner $59,858
Previous Owner $54,603
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
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

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 $3,759 $233,465 $47,754 $185,711
2025 $3,759 $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

    6 Total Sales

    Marietta Miller
    Section Image

  • B

    Buyer's Agent in 2023

    Bryce Garewal

    Broker X

    (661) 301-1762

    3 in this area

    72 Total Sales

    Bryce Garewal
    Section Image
See All Agents

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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.