NOT LISTED FOR SALE

5551 Midsummer Dr Unit B Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $239,000 - $263,000

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

Last Sold October 09, 2017

Last sale price $139,000 $97 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,514/month

72 Days on Market

About This Home

As of October 2017

This Condo is 3 bedrooms and 2.5 bathrooms and features NEW Interior Two Tone Paint, NEW Flooring, NEW fixtures and More! This updated Kitchen has NEW 18X18 Tile Flooring, Custom Tile Counter-Tops, NEW sink & Faucet and Newly Painted Cabinets with hardware. Living Room has high ceilings, NEW carpet, a Ceiling Fan for these hot summers or fireplace for chilly winters. Heading Upstairs you have Great size master bedroom with walk-in closet and NEW carpet, Master Bathroom has custom tile counter tops, dual sinks, NEW lighting & Mirrors, Newly painted cabinets, NEW 18X18 tile flooring, and Newly glazed shower. Additional bedrooms also have NEW carpet and ample closet space. Additional bathrooms also have NEW tile flooring and NEW lighting. Added pluses to this Home you have Two car garage with access to home, Washer & Dryer Hook-Ups in Garage and NEW blinds throughout. This amazing condo is centrally located near shopping & freeway access. Buyer to verify association dues.

Last Agent to Sell the Property

Karla Salazar

Capitol Real Estate Group, Inc License #01764441 Listed on: 06/28/2017

Co-Listed By

Jose Gutierrez

Jose Gutierrez, Broker License #01847765

Last Buyer's Agent

Joe Walker

Unknown Broker License #01963421

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 1,233

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 36416020

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
  • Co List Office Mls Id: 10131
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1436.00

Exterior Features

  • Roof: Composition
  • Disclosures: HOA Fees
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Condo/Co-op/Association

  • Association Fee: 260.00

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 1234.00
  • Parcel #: 36416020

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Sep 19, 2017
Sold by
Dvp Lp
Bought by
Marler Scott L
Seller's Agent
Karla Salazar
Capitol Real Estate Group, Inc
Buyer's Agent
Joe Walker
Unknown Broker
List Price
$137,500
Sold Price
$139,000
Premium/Discount to List
$1,500
1.09%
Current Estimated Value
$247,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,006
Avg. Annual Appreciation
7.20%
Original Mortgage
$132,050
Outstanding Balance
$109,353
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$137,653

Purchase Details

Closed on
Feb 28, 2017
Sold by
Panici Patricia O
Bought by
Dvp Lp

Purchase Details

Closed on
Oct 23, 2012
Sold by
Landeron Llc 401K Profit Sharing Plan
Bought by
Panici Patricia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Rodriguez Francisco Xavier
Bought by
Landeron Llc 401K Profit Sharing Plan

Purchase Details

Closed on
Sep 19, 2001
Sold by
Dan Cook Inc
Bought by
Rodriguez Francisco Xavier

Purchase Details

Closed on
Mar 14, 2000
Sold by
Dickerson Jesse Shelton
Bought by
Dan Cook Inc and Equity 1 Loans

Purchase Details

Closed on
Jul 14, 1995
Sold by
Dickerson Dolores
Bought by
Dickerson Jesse Shelton

Purchase Details

Closed on
Mar 25, 1994
Sold by
Lowder Frank E
Bought by
Dickerson Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.3%
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
Marler Scott L $139,000 First American Title Company
Dvp Lp $94,000 First American Title
Panici Patricia O $85,000 Chicago Title Company
Landeron Llc 401K Profit Sharing Plan -- Chicago Title Company
Rodriguez Francisco Xavier -- --
Dan Cook Inc $1,164 Chicago Title Insurance
Dickerson Jesse Shelton -- --
Dickerson Dolores $65,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marler Scott L $132,050
Previous Owner Panici Patricia O $66,000
Previous Owner Dickerson Dolores $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2017 10/09/17 Sold $139,000 +1.1% $97 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $137,500 +56.3% $96 / Sq Ft
12/28/2012 12/28/12 Sold $88,000 -7.4% $61 / Sq Ft View Prior Sale
11/28/2012 11/28/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $95,000 -- $66 / 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 $2,836 $158,151 $22,754 $135,397
2024 $2,836 $155,051 $22,308 $132,743
2023 $2,767 $152,012 $21,871 $130,141
2022 $2,618 $149,033 $21,443 $127,590
2021 $2,529 $146,112 $21,023 $125,089
2020 $2,450 $144,615 $20,808 $123,807
2019 $2,427 $144,615 $20,808 $123,807
2018 $2,333 $139,000 $20,000 $119,000
2017 $1,625 $90,185 $10,609 $79,576
2016 $1,351 $88,417 $10,401 $78,016
2015 $1,296 $87,090 $10,245 $76,845
2014 $1,264 $85,385 $10,045 $75,340
Source: Public Records

Agents Affiliated with this Home

  • Karla Salazar

    Seller's Agent in 2017

    Karla Salazar

    Capitol Real Estate Group, Inc

    (888) 764-8232

    1 in this area

    302 Total Sales

    Karla Salazar
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jose Gutierrez

    Jose Gutierrez, Broker

    Section Image

  • J

    Buyer's Agent in 2017

    Joe Walker

    Unknown Broker

    Section Image

  • J

    Seller's Agent in 2012

    Joe Roberson

    Unknown Broker

    Section Image

  • R

    Seller Co-Listing Agent in 2012

    Richard Rivera

    Unknown Broker

  • Suzanne Harandi

    Buyer's Agent in 2012

    Suzanne Harandi

    RE/MAX

    (661) 332-9868

    3 in this area

    187 Total Sales

    Suzanne Harandi
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21707449

Bakersfield Association of REALTORS® / GEMLS

APN: 364-160-20-00-8

California Kern County Bakersfield 93308 Olive Drive Area

5551 Midsummer Dr Unit B, 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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