NOT LISTED FOR SALE

7024 Luke Ave Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $503,000 - $568,000

3 Beds
2 Baths
2,355 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 7024 Luke Ave, Bakersfield, CA 93308 and is currently estimated at $535,066, approximately $227 per square foot. 7024 Luke Ave is a home located in Kern County with nearby schools including Olive Drive Elementary School, Norris Middle School, and Centennial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Wright Wayne
Bought by
Wayne Wright 2024 Revocable Trust and Wright
Current Estimated Value
$535,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$59,796
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$475,311

Purchase Details

Closed on
Mar 28, 2024
Sold by
Wright Wayne
Bought by
Wayne Wright 2024 Revocable Trust and Wright

Purchase Details

Closed on
Sep 19, 2020
Sold by
Wright Wayne and Wright Joyce
Bought by
Wright Wayne and Wright Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,483
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2015
Sold by
Wayne & Joyce Wright Family Trust
Bought by
Wright Wayne and Wright Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2005
Sold by
Wright Wayne A and Wright Joyce A
Bought by
Wright Wayne A and Wright Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,943
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2005
Sold by
Va
Bought by
Wright Wayne A and Wright Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,943
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wayne Wright 2024 Revocable Trust -- Amrock
Wright Wayne -- Amrock
Wayne Wright 2024 Revocable Trust -- None Listed On Document
Wright Wayne -- Placer Title Company
Wright Wayne -- None Available
Wright Wayne A -- Commonwealth Title
Wright Wayne A -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Wayne $60,000
Previous Owner Wright Wayne $338,614
Previous Owner Wright Wayne $288,483
Previous Owner Wright Wayne $313,201
Previous Owner Wright Wayne $305,000
Previous Owner Wright Wayne A $286,400
Previous Owner Wright Wayne A $75,000
Previous Owner Wright Wayne A $246,943
Previous Owner Wright Wayne A $246,943
Previous Owner Wright Wayne A $100,000
Previous Owner Wright Wayne A $56,000
Previous Owner Wright Wayne A $36,500
Previous Owner Wright Wayne A $37,000
Source: Public Records

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 $2,316 $320,698 $69,328 $251,370
2024 $2,316 $314,411 $67,969 $246,442
2023 $2,325 $308,247 $66,637 $241,610
2022 $2,354 $302,204 $65,331 $236,873
2021 $2,268 $296,279 $64,050 $232,229
2020 $2,224 $293,242 $63,394 $229,848
2019 $3,803 $293,242 $63,394 $229,848
2018 $3,679 $281,857 $60,933 $220,924
2017 $3,696 $276,332 $59,739 $216,593
2016 $3,440 $270,915 $58,568 $212,347
2015 $3,381 $266,847 $57,689 $209,158
2014 $3,303 $261,620 $56,559 $205,061
Source: Public Records

Map

California Kern County Bakersfield 93308 Olive Drive Area

7024 Luke Ave, Bakersfield, CA

This home is located at 7024 Luke Ave, Bakersfield, CA 93308 and is currently estimated at $535,066, approximately $227 per square foot. 7024 Luke Ave 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.

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