NOT LISTED FOR SALE

5727 Castlegate Ln Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $477,565 - $536,000

6 Beds
5 Baths
2,782 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $380,000 $137 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,249/month

55 Days on Market

About This Home

As of June 2021

Well-maintained duplex built in 2003 in the highly sought-out Olive Drive Area. Each unit features a 3 bedroom, 2.5 bath, private yard, W/D hookups, and 2-car garage. Great investment opportunity with strong appreciation. Add to your portfolio today!

Last Agent to Sell the Property

Rebecca Guardado

LPT Realty, Inc. License #02021862 Listed on: 03/24/2021

LPT Realty, Inc.

Last Buyer's Agent

Nelson Cantu

Keller Williams Realty License #02023259

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 36417064

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $18,253

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2003
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2782.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage, Uncovered
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Parcel #: 36417064

Multi Family

  • Total Annual Expense: 5747.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.00
  • Property Net Operating Income: 18253.00

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2021
Sold by
Sidhu Sukhpreet S
Bought by
Figueroa Gilberto Mejia
Current Estimated Value
$514,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2009
Sold by
Sidhu Harjinder Singh and Sidhu Harsharanjeet Kaur
Bought by
Sidhu Sukhpreet S

Purchase Details

Closed on
Aug 1, 2005
Sold by
Sidhu Sukhpreet S
Bought by
Sidhu Sukhpreet S

Purchase Details

Closed on
Dec 16, 2004
Sold by
Sanchez Carlos and Sanchez Juana Patricia
Bought by
Shah Darshan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 13, 2004
Sold by
Sanchez Carlos and Sanchez Juana Patricia
Bought by
Sidhu Sukhpreet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Schimnowski Donald Jay and Schimnowski Carolyn Sue
Bought by
Schimnowski Donald Jay

Purchase Details

Closed on
Jun 21, 2002
Sold by
Young Pauline and The Young Family Trust B
Bought by
Sanchez Carlos

Purchase Details

Closed on
Feb 18, 2000
Sold by
Magson Investment Inc
Bought by
The Young Family Trust B
Source: Public Records

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

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
Figueroa Gilberto Mejia $380,000 Placer Title
Sidhu Sukhpreet S -- None Available
Sidhu Sukhpreet S -- --
Shah Darshan R $350,000 Ticor Title
Sidhu Sukhpreet S $260,000 Ticor Title
Schimnowski Donald Jay -- --
Sanchez Carlos $130,000 First American Title Co
The Young Family Trust B $192,581 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Figueroa Gilberto Mejia $285,000
Previous Owner Shah Darshan R $280,000
Previous Owner Sidhu Sukhpreet S $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $380,000 +5.6% $137 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $360,000 -- $129 / 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 $6,626 $411,322 $43,296 $368,026
2024 $6,477 $403,258 $42,448 $360,810
2023 $6,477 $395,352 $41,616 $353,736
2022 $6,230 $387,600 $40,800 $346,800
2021 $5,137 $305,030 $82,620 $222,410
2020 $4,975 $301,903 $81,773 $220,130
2019 $4,488 $260,000 $40,000 $220,000
2018 $4,589 $275,000 $40,000 $235,000
2017 $4,538 $272,000 $40,000 $232,000
2016 $4,238 $262,000 $50,000 $212,000
2015 $4,154 $262,000 $65,500 $196,500
2014 $3,351 $195,000 $48,750 $146,250
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Guardado

    Seller's Agent in 2021

    Rebecca Guardado

    LPT Realty, Inc.

    (661) 869-0059

    4 in this area

    123 Total Sales

    Rebecca Guardado
    Section Image
  • Nelson Cantu

    Buyer's Agent in 2021

    Nelson Cantu

    Keller Williams Realty

    (661) 903-6655

    2 in this area

    127 Total Sales

    Nelson Cantu
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202103087

Bakersfield Association of REALTORS® / GEMLS

APN: 364-170-64-00-9

California Kern County Bakersfield 93308 Olive Drive Area

5727 Castlegate Ln, Bakersfield, CA

Not Listed for Sale

MultiFamily

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.

Nearby Homes