7024 Luke Ave Bakersfield, CA 93308
Olive Drive Area NeighborhoodEstimated Value: $496,000 - $549,000
3
Beds
2
Baths
2,355
Sq Ft
$221/Sq Ft
Est. Value
About This Home
This home is located at 7024 Luke Ave, Bakersfield, CA 93308 and is currently estimated at $520,397, approximately $220 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
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
$59,693
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$460,704
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
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
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Home Values in the Area
Average Home Value in this Area
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 | $288,483 | |
| Previous Owner | Wright Wayne A | $246,943 | |
| Previous Owner | Wright Wayne A | $246,943 |
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
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