NOT LISTED FOR SALE

5841 Olive Dr Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $408,000 - $436,000

3 Beds
2 Baths
1,613 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $400,000 $248 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,563/month

58 Days on Market

Highlights

  • In Ground Pool
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2024

Updated 3 bedroom 2 bath home featuring re plastered sparkling pool! As soon as you walk in you will fall in love with the updated kitchen featuring updated cabinets, sink, faucet, stainless steel appliances and sparkling quartz counters. All 3 bedrooms have been updated as well with modern light fixtures, flooring, fresh paint and blinds. Both bathrooms have been completely updated as well with custom tile showers, new bathtub, new vanities, light fixtures, and faucets. The rest of the home features indoor laundry, l.e.d recessed lights, updated electrical outlets, paint, baseboards and luxury waterproof flooring. The home also has new main water line and updated pool pump. On the exterior you will find updated paint as well, sparkling pool, central AC/heat, updated lights, automatic sprinklers in front and alley access. All that is left is for you to move.

Last Agent to Sell the Property

Francisco Martinez

LPT Realty, Inc. License #01985531 Listed on: 05/31/2024

LPT Realty, Inc.

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36506115

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1962
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2800
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 1613.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Association/Amenities

  • Site Amenities: Alley

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 12196.00
  • Parcel #: 36506115

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 11, 2024
Sold by
Redhawk Flips Llc
Bought by
Padilla Alonso Jorge and Perez Maria M
Seller's Agent
Francisco Martinez
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%
Views
80
Current Estimated Value
$421,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,590
Avg. Annual Appreciation
3.77%
Original Mortgage
$351,037
Outstanding Balance
$346,747
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$74,843

Purchase Details

Closed on
Jun 2, 2023
Sold by
Ledesma Valencia Luis
Bought by
Redhawk Flips Llc

Purchase Details

Closed on
May 19, 1999
Sold by
Valencia Luis and Valencia Ercilia
Bought by
Valencia Luis L and Valencia Ercilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.84%
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
Padilla Alonso Jorge $400,000 Placer Title
Redhawk Flips Llc $305,000 Placer Title
Valencia Luis L $42,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Alonso Jorge $351,037
Previous Owner Valencia Luis L $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $400,000 -2.4% $248 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $409,900 -- $254 / 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 $4,299 $400,000 $120,000 $280,000
2024 $4,299 $311,100 $93,330 $217,770
2023 $2,998 $202,339 $55,177 $147,162
2022 $2,831 $198,373 $54,096 $144,277
2021 $2,755 $194,485 $53,036 $141,449
2020 $2,677 $192,492 $52,493 $139,999
2019 $2,654 $192,492 $52,493 $139,999
2018 $2,571 $185,018 $50,455 $134,563
2017 $2,532 $181,391 $49,466 $131,925
2016 $2,382 $177,836 $48,497 $129,339
2015 $2,297 $175,166 $47,769 $127,397
2014 $2,232 $171,736 $46,834 $124,902
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Francisco Martinez

    LPT Realty, Inc.

    (661) 900-0939

    3 in this area

    153 Total Sales

    Francisco Martinez
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202405371

Bakersfield Association of REALTORS® / GEMLS

APN: 365-061-15-00-9

California Kern County Bakersfield 93308 Olive Drive Area

5841 Olive Dr, Bakersfield, CA

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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