NOT LISTED FOR SALE

5924 Margaret Ct Bakersfield, CA 93306

Estimated Value: $295,941 - $321,000

3 Beds
2 Baths
1,528 Sq Ft
$516/mo HOA Fee

Last Sold February 09, 2024

Last sale price $285,000 $187 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,358/month

55 Days on Market

Highlights

  • 13.62 Acre Lot
  • 1 Fireplace
  • Community Pool

About This Home

As of February 2024

Discover serenity in this 3-bedroom, 2-bathroom home with a loft, nestled in a Bakersfield oasis. Set within a lush HOA community spanning 13 acres adorned with nearly 500 trees, residents and visitors alike relish the cooler summers and immersive wildlife ambiance. Just a brief 10-minute walk leads to the scenic Kern River and Lake Ming, offering outdoor escapades. An additional highlight is the private pond, perfect for catch-and-release fishing with bass, catfish, and more. Embrace the perfect blend of comfort and nature in this inviting haven. Elevate your living experience with a spacious living room featuring a stunning vaulted ceiling and a cozy wood-burning fireplace. Natural light floods the room through a captivating wall of windows, offering picturesque views of meticulously landscaped surroundings and a canopy of lush, mature trees. Your dream home awaits, where comfort and nature seamlessly intertwine.

Last Agent to Sell the Property

Jennifer Mersereau

eXp Realty of California Inc License #02188505 Listed on: 12/14/2023

eXp Realty of California Inc

Last Buyer's Agent

Katie Bernal

Keller Williams Realty License #01949249

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1977

Lot Details

  • 13.62

HOA Fees

  • $516 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Chavez Elementary School
  • Compton Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 38609036

Community Details

Overview

  • Rio Bravo Condo Association Phase 1 Association
  • Rio Bravo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,296

Year Built

Built in 1977

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1977
  • Building Stories: 1
  • Solar Owned Leased: None
  • H O A Fee1 Frequency: Monthly
  • H O A Fee2 Frequency: None
  • H O A Fee3 Frequency: None
  • Property Sub Type: Condominium
  • Lot Size Acres: 13.6200
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1528.00

Exterior Features

  • Roof: Composition
  • Disclosures: HOA Fees
  • Pool Features: Community

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Association/Amenities

  • Site Amenities: Gated Community,Other,Cul De Sac

Condo/Co-op/Association

  • Association Fee: 516.00
  • Association Name: Rio Bravo Condo Association Phase 1

Schools

  • High School: Highland
  • Middle Or Junior School: Compton

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 593287.00
  • Parcel #: 38609036

MLS Schools

  • Elementary School: Chavez, C. E.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Dec 29, 2023
Sold by
Mersereau Family Trust
Bought by
Johnson David and Johnson Mary
Seller's Agent
Jennifer Mersereau
eXp Realty of California Inc
Buyer's Agent
Katie Bernal
Keller Williams Realty
List Price
$285,000
Sold Price
$285,000
Views
1171
Current Estimated Value
$302,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,985
Avg. Annual Appreciation
3.04%
Original Mortgage
$195,000
Outstanding Balance
$191,744
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$106,782

Purchase Details

Closed on
Aug 4, 2021
Sold by
Mersereau Jeffrey William and Mersereau Joy Susan
Bought by
Mersereau Jeffrey William and Mersereau Joy Susan

Purchase Details

Closed on
Jun 7, 2010
Sold by
Frayne John A and Frayne Elizabeth
Bought by
Mersereau Jeffrey William and Mersereau Joy Susan

Purchase Details

Closed on
Jun 1, 2010
Sold by
Frayne John A
Bought by
Frayne John A and Frayne Elizabeth

Purchase Details

Closed on
Mar 11, 2008
Sold by
Frayne Robert W
Bought by
Frayne Robert W

Purchase Details

Closed on
Dec 11, 2007
Sold by
Frayne Liana
Bought by
Frayne John A

Purchase Details

Closed on
Nov 13, 2007
Sold by
Frayne Barbara A
Bought by
Frayne Robert W

Purchase Details

Closed on
Oct 7, 2007
Sold by
Frayne Robert W and Frayne John A
Bought by
Frayne Robert W

Purchase Details

Closed on
Oct 9, 2006
Sold by
Frayne Liana
Bought by
Frayne John A

Purchase Details

Closed on
Oct 4, 2006
Sold by
Saba Jack
Bought by
Frayne Robert W and Frayne Barbara A

Purchase Details

Closed on
Dec 8, 1997
Sold by
Garrard Saba Elizabeth
Bought by
Saba Jack and Saba Elizabeth

Purchase Details

Closed on
Feb 23, 1994
Sold by
Saba Jack M
Bought by
Saba Elizabeth Garrard

Purchase Details

Closed on
Feb 16, 1994
Sold by
Munsey Margaret R
Bought by
Saba Elizabeth Garrard

Purchase Details

Closed on
Aug 31, 1993
Sold by
Munsey Margaret R and Leach Margaret R
Bought by
Munsey Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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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
Johnson David $285,000 Lennar Title
Mersereau Jeffrey William -- None Available
Mersereau Jeffrey William $135,000 Chicago Title Company
Frayne John A -- Chicago Title Company
Frayne Robert W -- None Available
Frayne John A -- None Available
Frayne Robert W -- None Available
Frayne Robert W -- None Available
Frayne John A -- Alliance Title Company
Frayne Robert W $210,000 Alliance Title Company
Saba Jack -- --
Saba Elizabeth Garrard -- First American Title Company
Saba Elizabeth Garrard $110,000 First American Title Company
Munsey Margaret R -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson David $195,000
Previous Owner Munsey Margaret R $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Pending -- -- --
02/09/2024 02/09/24 Sold $285,000 0.0% $187 / Sq Ft
12/15/2023 12/15/23 For Sale $285,000 -- $187 / 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 $2,296 $290,700 $61,200 $229,500
2024 $2,230 $170,828 $31,631 $139,197
2023 $2,230 $167,479 $31,011 $136,468
2022 $2,171 $164,196 $30,403 $133,793
2021 $2,064 $160,977 $29,807 $131,170
2020 $2,064 $159,328 $29,502 $129,826
2019 $1,979 $159,328 $29,502 $129,826
2018 $1,943 $153,143 $28,357 $124,786
2017 $1,903 $150,141 $27,801 $122,340
2016 $1,750 $147,198 $27,256 $119,942
2015 $1,749 $144,988 $26,847 $118,141
2014 $1,689 $142,149 $26,322 $115,827
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennifer Mersereau

    eXp Realty of California Inc

    4 Total Sales

    Jennifer Mersereau
    Section Image

  • K

    Buyer's Agent in 2024

    Katie Bernal

    Keller Williams Realty

    (661) 706-2368

    71 Total Sales

    Katie Bernal
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202312336

Bakersfield Association of REALTORS® / GEMLS

APN: 386-090-36-00-5

California Kern County Bakersfield 93306

5924 Margaret Ct, Bakersfield, CA

This home is located at 5924 Margaret Ct, Bakersfield, CA 93306 since 14 December 2023 and is currently estimated at $302,985, approximately $198 per square foot. This property was built in 1977. 5924 Margaret Ct is a home located in Kern County with nearby schools including Cesar E. Chavez Elementary School, Paul L. Cato Middle School, and Highland High School.

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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