NOT LISTED FOR SALE

5601 Midsummer Dr Unit A Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $213,000 - $241,000

2 Beds
2 Baths
1,086 Sq Ft
$325/mo HOA Fee

Last Sold March 01, 2023

Last sale price $207,000 $191 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,788/month

2 Days on Market

About This Home

As of March 2023

Very Spacious Charming Condominium 2 Bedrooms 2 Bathrooms with 2 Car garage, 2 Extra Mini Split units to Save $$$, Exelent location, Olive drive area, Easy access to freeway, Close to shopping center, schools, public transportation. This property is an exelent fit for First time home buyers or if you are an Investor this is a diamond in the rough, low maintenance, very desirable and quiet area to live, Take advantage of this property that don't come to the market often.

Last Agent to Sell the Property

Lorenzo Martinez

Lorenzo Martinez, Broker License #02073650 Listed on: 01/27/2023

Last Buyer's Agent

Lorenzo Martinez

Lorenzo Martinez, Broker License #02073650 Listed on: 01/27/2023

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 1,742

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 36416025

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: 1
  • Solar Owned Leased: None
  • H O A Fee1 Frequency: Monthly
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.0400
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Living Area: 1086.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC

Association/Amenities

  • Site Amenities: Cul De Sac

Condo/Co-op/Association

  • Association Fee: 325.00
  • Association Name: TBD

Schools

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

Lot Info

  • Zoning Description: R-3, Townhouse/Rowhouse
  • Lot Size Sq Ft: 1742.00
  • Parcel #: 36416025

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 13, 2023
Sold by
Manuel Santos Jose and Rojas Carmen
Bought by
Ceja Lorena and Lopez Ramos Gisselle
Seller's Agent
Lorenzo Martinez
Lorenzo Martinez, Broker
Buyer's Agent
Lorenzo Martinez
Lorenzo Martinez, Broker
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%
Current Estimated Value
$224,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,804
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Mar 30, 2021
Sold by
Santos Jose Manuel and Santos Carmen Rojas
Bought by
Santos Jose Manuel and Ruiz Virginia Santos

Purchase Details

Listed on
May 4, 2018
Closed on
May 10, 2018
Sold by
Marquez Valerie
Bought by
Rojas Santos Jose Manuel and Rojas Santos Carmen
Seller's Agent
Jacob & Valerie Marquez
Keller Williams Realty
Buyer's Agent
Juliana Domlao
Select, Realtors®
List Price
$132,500
Sold Price
$132,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$94,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2018
Sold by
Alexander Mary
Bought by
Marquez Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2018
Sold by
Marquez Jacob
Bought by
Marquez Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Ellis William
Bought by
Alexander Mary

Purchase Details

Closed on
May 18, 2010
Sold by
Rogers Cory J and Rogers Katherine Anne
Bought by
Alexander Mary

Purchase Details

Closed on
Jan 17, 2008
Sold by
Rogers Katherine Anne and Mcginnis Katherine Anne
Bought by
Rogers Cory J and Rogers Katherine Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.65%
Mortgage Type
New Conventional
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
Ceja Lorena $207,000 Placer Title
Santos Jose Manuel -- None Available
Santos Jose Manuel -- None Available
Rojas Santos Jose Manuel $132,500 Placer Title Co
Marquez Valerie $71,000 Placer Title Co
Marquez Valerie -- Placer Title Co
Alexander Mary -- Chicago Title Company
Alexander Mary $60,000 Chicago Title Company
Rogers Cory J -- Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rojas Santos Jose Manuel $94,500
Previous Owner Marquez Valerie $49,700
Previous Owner Rogers Cory J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2023 03/01/23 Sold $207,000 -3.7% $191 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $215,000 +62.3% $198 / Sq Ft
06/06/2018 06/06/18 Sold $132,500 0.0% $122 / Sq Ft View Prior Sale
05/07/2018 05/07/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $132,500 -- $122 / 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 $3,416 $215,362 $46,818 $168,544
2024 $2,817 $211,140 $45,900 $165,240
2023 $2,817 $163,200 $30,600 $132,600
2022 $2,666 $160,000 $30,000 $130,000
2021 $2,366 $139,806 $31,535 $108,271
2020 $2,288 $138,373 $31,212 $107,161
2019 $2,265 $138,373 $31,212 $107,161
2018 $1,466 $68,062 $22,686 $45,376
2017 $1,422 $66,729 $22,242 $44,487
2016 $1,164 $65,421 $21,806 $43,615
2015 $1,116 $64,439 $21,479 $42,960
2014 $1,091 $63,178 $21,059 $42,119
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lorenzo Martinez

    Lorenzo Martinez, Broker

  • N

    Buyer Co-Listing Agent in 2023

    Non-Member Non-Member

    Non-Member Office

  • Jacob & Valerie Marquez

    Seller's Agent in 2018

    Jacob & Valerie Marquez

    Keller Williams Realty

    (661) 776-5253

    138 Total Sales

    Jacob & Valerie Marquez
    Section Image

  • J

    Buyer's Agent in 2018

    Juliana Domlao

    RE/MAX

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202300704

Bakersfield Association of REALTORS® / GEMLS

APN: 364-160-25-00-3

California Kern County Bakersfield 93308 Olive Drive Area

5601 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.
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