NOT LISTED FOR SALE

5551 Midsummer Dr Unit F Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $233,000 - $251,389

3 Beds
2.5 Baths
1,436 Sq Ft
1,437 Sq Ft Lot

Sale Details

Date Sold: May 10, 2024

Last sale price $238,000 $166 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,657 / mo

34 Days on Market

About This Home

As of May 2024

This home is located at 5551 Midsummer Dr Unit F, Bakersfield, CA 93308 since 21 February 2024 and is currently estimated at $242,347, approximately $168 per square foot. This property was built in 1980. 5551 Midsummer Dr Unit F is a home located in Kern County with nearby schools including San Lauren Elementary School, Beardsley Junior High School, and North High School.

Last Agent to Sell the Property

Aliza Caracas

Unknown Broker License #02087674 Listed on: 02/21/2024

Last Buyer's Agent

Christina Garner - Watson Realty

eXp Realty License #02096888

eXp Realty

Range of Values:

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

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 1,437

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Schools

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

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20220629

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

1,437 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1980
  • Building Stories: 2
  • Solar Owned Leased: None
  • Deposit Amount Required: 2500.00
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.0330
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Disclosures: CC&Rs
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Association/Amenities

  • Site Amenities: Cul De Sac

Schools

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

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 1436.00
  • Parcel #: 20220629

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
Feb 21, 2024
Closed on
Apr 1, 2024
Sold by
Bought by
Seller's Agent
Aliza Caracas
Unknown Broker
Buyer's Agent
Christina Garner - Watson Realty
eXp Realty
List Price
$249,999
Sold Price
$238,000
Premium/Discount to List
-$11,999
-4.8%
Views
109
Current Estimated Value
$242,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,347
Avg. Annual Appreciation
0.80%
Original Mortgage
$226,100
Outstanding Balance
$220,483
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$21,864

Purchase Details

Listed on
Jul 13, 2022
Closed on
Jul 18, 2022
Sold by
Bought by
Seller's Agent
Marco Caracas
Selling Bakersfield
Buyer's Agent
Marco Caracas
Selling Bakersfield
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%

Purchase Details

Listed on
Mar 9, 2021
Closed on
Mar 17, 2021
Sold by
Bought by
Seller's Agent
Valerie Moses
RE/MAX Golden Empire
Buyer's Agent
Sheeza Gordon
Watson Realty
List Price
$195,000
Sold Price
$182,000
Premium/Discount to List
-$13,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$173,794
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2002
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
$68,000
Interest Rate
6.03%

Purchase Details

Closed on
Feb 4, 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
$50,102
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1998
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

  • Justin Yim Real Estate Agent - Uhler Mortgage Solutions Inc.

    Justin Yim

    Uhler Mortgage Solutions Inc.

    (747) 293-4589

    101 Total Sales

    2 in Olive Drive Area

    $300K - $397K Price Range

    Justin Yim
     Section Image
  • Fred Sanchez Real Estate Agent - Century 21 Select Real Estate

    Fred Sanchez

    Century 21 Select Real Estate

    (661) 371-7224

    48 Total Sales

    1 in Olive Drive Area

    $395,500 Price

    Fred Sanchez
     Section Image
  • Terri Garcia Real Estate Agent - New Generation Real Estate Gro

    Terri Garcia

    New Generation Real Estate Gro

    (661) 218-2187

    96 Total Sales

    1 in Olive Drive Area

    $436,500 Price

    Terri Garcia
     Section Image
  • Sherri Camargo Real Estate Agent - Majestic Palm Realty

    Sherri Camargo

    Majestic Palm Realty

    (661) 535-0262

    87 Total Sales

    1 in Olive Drive Area

    $425,000 Price

    Sherri Camargo
     Section Image
  • Jeff Bussman Real Estate Agent - Coldwell Banker Preferred,RLT

    Jeff Bussman

    Coldwell Banker Preferred,RLT

    (661) 404-7926

    69 Total Sales

    2 in Olive Drive Area

    $380K - $475K Price Range

    Jeff Bussman
     Section Image
  • Eduardo Farfan Real Estate Agent - The Mora Partners Inc.

    Eduardo Farfan

    The Mora Partners Inc.

    (661) 426-8247

    58 Total Sales

    2 in Olive Drive Area

    $435K - $540K Price Range

    Eduardo Farfan
     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
$238,000 Chicago Title Company
$230,000 Chicago Title
$182,000 Placer Title Company
-- None Available
$80,000 Fidelity
$47,500 American Title Co
-- American Title Co
$67,290 American Title Co
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 $226,100
Previous Owner $173,794
Previous Owner $16,000
Previous Owner $68,000
Previous Owner $49,915
Previous Owner $50,102
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 Prior Sale
05/10/2024 05/10/24 Sold $238,000 -4.8% $166 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $249,999 +8.7% $174 / Sq Ft
07/20/2022 07/20/22 Sold $230,000 -6.1% $160 / Sq Ft View Prior Sale
07/13/2022 07/13/22 For Sale $245,000 +34.6% $171 / Sq Ft
04/23/2021 04/23/21 Sold $182,000 -6.7% $127 / Sq Ft View Prior Sale
03/24/2021 03/24/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $195,000 -- $136 / 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 $3,923 $247,615 $52,020 $195,595
2025 $3,923 $242,760 $51,000 $191,760
2024 $3,695 $234,600 $30,600 $204,000
2023 $3,695 $230,000 $30,000 $200,000
2022 $3,057 $185,640 $20,400 $165,240
2021 $1,965 $107,027 $26,753 $80,274
2020 $1,893 $105,930 $26,479 $79,451
2019 $1,873 $105,930 $26,479 $79,451
2018 $1,793 $101,818 $25,451 $76,367
2017 $1,743 $99,822 $24,952 $74,870
2016 $1,462 $97,865 $24,463 $73,402
2015 $1,403 $96,396 $24,096 $72,300
2014 $1,368 $94,508 $23,624 $70,884
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Aliza Caracas

    Unknown Broker

    Section Image
  • Marco Caracas Real Estate Agent - Selling Bakersfield

    Seller's Agent in 2022

    Marco Caracas

    Selling Bakersfield

    (661) 444-0178

    1 in this area

    20 Total Sales

    Marco Caracas
    Section Image
  • Valerie Moses Real Estate Agent - RE/MAX

    Seller's Agent in 2021

    Valerie Moses

    RE/MAX

    (661) 619-0239

    58 Total Sales

    Valerie Moses
    Section Image

  • S

    Buyer's Agent in 2021

    Sheeza Gordon

    Watson Realty

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202401680

Bakersfield Association of REALTORS® / GEMLS

APN: 364-160-24-00-0

California Kern County Bakersfield 93308 Olive Drive Area

5551 Midsummer Dr Unit F, 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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