NOT LISTED FOR SALE

705 Faversham Way Bakersfield, CA 93311

Seven Oaks Neighborhood

Estimated Value: $497,540 - $615,000

3 Beds
2 Baths
2,127 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2025

Last sale price $540,000 $254 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,253 / mo

158 Days on Market

Highlights

  • In Ground Pool
  • Solar owned by seller
  • 1-Story Property
  • Ronald Reagan Elementary School Rated 9+
  • Central Heating and Cooling System
  • 4-minute walk to Windsor Park

About This Home

As of March 2025

Take a look at this amazing opportunity in a highly sought-after SW Bakersfield community that comes with an OWNED NEM 2 solar system, new LVP flooring, fresh paint, and so much more! Heading through the front door, you'll be greeted by the large living area with a brick fireplace and plenty of natural lighting. The front room makes the perfect office and/or game room. The kitchen boasts updated lighting, a spacious pantry, as well as plenty of cabinet storage. Each of the bedrooms are very large in size, while the master provides an amazing study area with doors leading into the backyard. Both restrooms have been meticulously maintained, and the master has an oversized walk-in closet. Stepping out back, you will love the mature landscaping, covered patio area, large amount of grass area for kids/pets, as well as a shimmering inground pool that has a rock water feature. Don't wait, this freshly updated gem is ready for you and your family!

Last Agent to Sell the Property

Brian Hicks

Brian Hicks Real Estate Group License #01866337 Listed on: 08/30/2024

Last Buyer's Agent

Carrie Williams

Chaddick Williams Realty License #00942545

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 9,583 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Reagan Elementary School
  • Warren Middle School
  • Stockdale High School

Additional Features

  • Solar owned by seller
  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • Seven Oaks Association
  • 5426 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39016104

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

9,583 Sq Ft Lot

HOA Fees

$15 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1998
  • Building Stories: 1
  • Solar Owned Leased: Owned
  • Deposit Amount Required: 6000.00
  • H O A Fee1 Frequency: Quarterly
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2200
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 2127.00

Exterior Features

  • Disclosures: CC&Rs, HOA Fees
  • Pool Features: Inground

Garage/Parking

  • Parking Features: 3 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Condo/Co-op/Association

  • Amenities: Homeowners Assoc.
  • Association Fee: 45.00
  • Association Name: Seven Oaks

Schools

  • High School: Stockdale
  • Middle Or Junior School: Warren, Earl

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 9583.00
  • Parcel #: 39016104

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Reagan,Ronald

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Jan 22, 2025
Sold by
Jyl D Hammans Revocable Trust and Hammans Jyl D
Bought by
Palmer Charles and Palmer Rosanne M
Seller's Agent
Brian Hicks
Brian Hicks Real Estate Group
Buyer's Agent
Carrie Williams
Chaddick Williams Realty
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%
Views
200
Current Estimated Value
$529,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,687
Avg. Annual Appreciation
0.72%
Original Mortgage
$513,000
Outstanding Balance
$509,540
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$34,595

Purchase Details

Closed on
Mar 22, 2011
Sold by
Lee Michael Young
Bought by
Hammans Jyl D and Jyl D Hammans Revocable Trust

Purchase Details

Closed on
Aug 18, 2005
Sold by
Lee Jennifer
Bought by
Lee Michael Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2005
Sold by
Mcbride Albert and Pietila Jacqueline
Bought by
Lee Michael Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2003
Sold by
Hollinsworth Phillip P and Hollinsworth Patricia A
Bought by
Mcbride Albert and Pietila Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,450
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1998
Sold by
Kyle Carter Homes Inc
Bought by
Hollinsworth Phillip P and Hollinsworth Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.93%
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
Palmer Charles $540,000 All California Title
Hammans Jyl D $255,000 None Available
Lee Michael Young -- Alliance Title
Lee Michael Young $482,000 Alliance Title
Mcbride Albert $290,000 American Title
Hollinsworth Phillip P $161,500 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Charles $513,000
Previous Owner Lee Michael Young $48,200
Previous Owner Lee Michael Young $385,600
Previous Owner Mcbride Albert $275,450
Previous Owner Hollinsworth Phillip P $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2025 03/05/25 Sold $540,000 +0.9% $254 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $535,000 0.0% $252 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/09/2025 01/09/25 Price Changed $535,000 -1.7% $252 / Sq Ft
10/29/2024 10/29/24 Price Changed $544,000 -1.8% $256 / Sq Ft
08/30/2024 08/30/24 For Sale $554,000 -- $260 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,653 $326,685 $64,052 $262,633
2024 $4,653 $320,281 $62,797 $257,484
2023 $4,589 $314,002 $61,566 $252,436
2022 $4,414 $307,846 $60,359 $247,487
2021 $4,284 $301,811 $59,176 $242,635
2020 $4,222 $298,718 $58,570 $240,148
2019 $4,202 $298,718 $58,570 $240,148
2018 $3,970 $287,121 $56,297 $230,824
2017 $3,876 $281,493 $55,194 $226,299
2016 $3,622 $275,974 $54,112 $221,862
2015 $3,593 $271,830 $53,300 $218,530
2014 $3,508 $266,506 $52,256 $214,250
Source: Public Records

Agents Affiliated with this Home

  • Brian Hicks

    Seller's Agent in 2025

    Brian Hicks

    Brian Hicks Real Estate Group

    (661) 477-4357

    26 in this area

    848 Total Sales

    Brian Hicks
    Section Image
  • Carrie Williams

    Buyer's Agent in 2025

    Carrie Williams

    Chaddick Williams Realty

    (661) 979-1999

    4 in this area

    118 Total Sales

    Carrie Williams
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202408652

Bakersfield Association of REALTORS® / GEMLS

APN: 390-161-04-00-0

California Kern County Bakersfield 93311 Seven Oaks

705 Faversham Way, Bakersfield, CA

Not Listed for Sale

Detached

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. 2026.

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