$265,000
SOLD DEC 22, 2025

559 Olive St Shafter, CA 93263

3 Beds
1 Bath
1,086 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

4% Above List Price

23 Days on Market

About This Home

As of December 2025

This cozy 3-bedroom home offers updated flooring, newly painted kitchen cabinets, and a large yard. Located in a prime location close to the high school. An excellent fit for the first time home buyer.

Last Agent to Sell the Property

Sara Merlo

Better Homes and Gardens RE License #01813239 Listed on: 11/17/2025

Last Buyer's Agent

Sara Merlo

Better Homes and Gardens RE License #01813239 Listed on: 11/17/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Zoning described as R1

Parking

  • Carport

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Sequoia Elementary School
  • Richland Middle School
  • Shafter High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02830004

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1958
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 2500.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1700
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 1086.00

Exterior Features

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

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 02830004

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Sequoia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2025
Closed on
Nov 25, 2025
Sold by
Cotton Cleona R
Bought by
Hernandez Sean
Seller's Agent
Sara Merlo
Better Homes and Gardens RE
Buyer's Agent
Sara Merlo
Better Homes and Gardens RE
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.28%
Original Mortgage
$257,050
Outstanding Balance
$256,805
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
-$6,619

Purchase Details

Closed on
Jun 13, 2000
Sold by
Forehand Linda Dell and Forehand James David
Bought by
Cotton Oliver E and Cotton Cleona R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.53%
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 Type Sale Price Title Company
Grant Deed $265,000 Placer Title
Grant Deed $69,500 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $257,050 New Conventional
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2025 12/22/25 Sold $265,000 +3.9% $244 / Sq Ft
11/17/2025 11/17/25 For Sale $255,000 -- $235 / 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 $1,421 $106,792 $30,727 $76,065
2024 $1,374 $104,699 $30,125 $74,574
2023 $1,374 $102,647 $29,535 $73,112
2022 $1,313 $100,635 $28,956 $71,679
2021 $1,250 $98,663 $28,389 $70,274
2020 $1,207 $97,652 $28,098 $69,554
2019 $1,203 $97,652 $28,098 $69,554
2018 $1,158 $93,862 $27,008 $66,854
2017 $1,149 $92,023 $26,479 $65,544
2016 $1,085 $90,219 $25,960 $64,259
2015 $1,053 $88,865 $25,571 $63,294
2014 $833 $71,000 $18,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sara Merlo

    Better Homes and Gardens RE

    (661) 564-8409

    9 in this area

    26 Total Sales

    Sara Merlo
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202512776

Bakersfield Association of REALTORS® / GEMLS

APN: 028-300-04-00-1

California Kern County Shafter 93263

559 Olive St, Shafter, CA

Sold

Detached

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. 2025.

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