NOT LISTED FOR SALE

Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $834,000 - $1,074,000

4 Beds
3 Baths
3,883 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $680,000 $175 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,639/month

Highlights

  • 0.63 Acre Lot
  • Centennial High School Rated A-
  • 2 Fireplaces

About This Home

As of August 2020

Remarkable Petris custom built estate on park-like grounds. This property offers formal dining and living spaces, a great room with fireplace off the chef's kitchen complete with sub-zero refrigerator, Dacor appliances, and wine fridge. A large bonus room has a bar and 3/4 bath. A large owner's suite and spacious en-suite bath has heated flooring and large walk-in closet. A second bathroom connected to the owner's suite has handicap access. One bedroom has a loft area upstairs and a living area downstairs with built-in desk. Spacious backyard has a covered patio, a gas fire pit, and water feature, shaded gazebo, and raised garden beds, currently home to tomatoes and peppers! A 45 x 25 shop offers built-in storage, a half bath, and fresh epoxied flooring. More features include fresh interior paint throughout, electric side gate with shop-access driveway, two water heaters, security cameras, block wall surround, outdoor speakers, rain gutters, and fresh epoxy flooring in the garage.

Last Agent to Sell the Property

Stephanie Parish

Miramar International Calloway License #01382351 Listed on: 06/19/2020

Last Buyer's Agent

Matthew Myers

Esteem Lending Group Inc License #02055904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 2001

Lot Details

  • 0.63 Acre Lot
  • Zoning described as R-S

Parking

  • 4 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,883 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Olive Drive Elementary School
  • Norris Middle School
  • Centennial High School

Listing and Financial Details

  • Assessor Parcel Number 36215009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,036

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • Building Stories: 2
  • Solar Owned Leased: PPA
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.6337
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Living Area: 3883.00

Exterior Features

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

Garage/Parking

  • Parking Features: 4 + Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Centennial
  • Middle Or Junior School: Norris

Lot Info

  • Zoning Description: R-S
  • Lot Size Sq Ft: 27605.00
  • Parcel #: 36215009

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 16, 2020
Sold by
Oliver Kenny W and Kenny And Sandy Oliver Family
Bought by
Saeed Muneer Muqbel
Seller's Agent
Stephanie Parish
Miramar International Calloway
Buyer's Agent
Matthew Myers
Esteem Lending Group Inc
List Price
$714,900
Sold Price
$680,000
Premium/Discount to List
-$34,900
-4.88%
Current Estimated Value
$931,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,670
Avg. Annual Appreciation
6.21%
Original Mortgage
$510,000
Outstanding Balance
$452,234
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$479,436

Purchase Details

Closed on
Jun 21, 2016
Sold by
Oliver Kenny W and Oliver Sandy W
Bought by
Oliver Kenny W and Oliver Sandy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2005
Sold by
Oliver Kenny W and Oliver Sandy W
Bought by
Oliver Kenny W and Oliver Sandy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2005
Sold by
Oliver Kenny W and Oliver Sandy W
Bought by
Oliver Kenny W and Oliver Sandy W

Purchase Details

Closed on
Sep 6, 2000
Sold by
John Petris Builder Inc
Bought by
Oliver Kenny W and Oliver Sandy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.98%
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
Saeed Muneer Muqbel $680,000 Placer Title Company
Oliver Kenny W -- Placer Title Company
Oliver Kenny W -- Placer Title Company
Oliver Kenny W -- First American Title
Oliver Kenny W -- First American Title
Oliver Kenny W -- First American Title
Oliver Kenny W $610,000 First American Title Co
John Petris Builder Inc $40,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saeed Muneer Muqbel $510,000
Previous Owner Oliver Kenny W $588,750
Previous Owner Oliver Kenny W $120,000
Previous Owner Oliver Kenny W $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $680,000 -4.9% $175 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $714,900 -- $184 / 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 $9,036 $736,052 $162,364 $573,688
2024 $9,036 $721,621 $159,181 $562,440
2023 $8,895 $707,472 $156,060 $551,412
2022 $8,802 $693,600 $153,000 $540,600
2021 $8,700 $680,000 $150,000 $530,000
2020 $7,269 $578,000 $138,000 $440,000
2019 $7,653 $607,000 $152,000 $455,000
2018 $6,003 $477,000 $119,000 $358,000
2017 $5,992 $464,000 $116,000 $348,000
2016 $5,491 $449,000 $112,000 $337,000
2015 $5,424 $445,000 $111,000 $334,000
2014 $5,737 $475,000 $119,000 $356,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephanie Parish

    Miramar International Calloway

    (661) 319-6226

    1 in this area

    47 Total Sales

    Stephanie Parish
    Section Image

  • M

    Buyer's Agent in 2020

    Matthew Myers

    Esteem Lending Group Inc

    24 Total Sales

    Matthew Myers
    Section Image
See All Agents

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202006013

Bakersfield Association of REALTORS® / GEMLS

APN: 362-150-09-00-0

California Kern County Bakersfield 93308

Olive Drive Area

This home since 19 June 2020 and is currently estimated at $931,670, approximately $239 per square foot. This property was built in 2001. This home is a home located in Kern County with nearby schools including Olive Drive Elementary School, Norris Middle School, and Centennial 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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