NOT LISTED FOR SALE

7101 Luke Ave Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $551,063 - $568,000

3 Beds
2.5 Baths
2,613 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $280,000 $107 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,305/month

74 Days on Market

Highlights

  • In Ground Pool
  • 2 Fireplaces
  • 1-Story Property
  • Centennial High School Rated A-

About This Home

As of November 2014

Olive Dr home! North/South facing- large rooms - Subject to interior inspection. Short Sale sold in as is condition.

Last Agent to Sell the Property

Jon Busby

Team Busby Real Estate License #974087 Listed on: 08/08/2014

Last Buyer's Agent

Suzanne Harandi

RE/MAX Golden Empire License #01725201

RE/MAX Golden Empire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Wood Roof

Interior Spaces

  • 2,613 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Pool

  • In Ground Pool

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 36111306

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,475

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1983
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2924
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Living Area: 2613.00

Exterior Features

  • Roof: Wood
  • Disclosures: Short Sale
  • Pool Features: Inground

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 12736.00
  • Parcel #: 36111306

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Nov 10, 2014
Sold by
Bryant Bruce and Bryant Michele
Bought by
Flad James F and Flad Laura L
Seller's Agent
Jon Busby
Team Busby Real Estate
Buyer's Agent
Suzanne Harandi
RE/MAX Golden Empire
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$560,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,266
Avg. Annual Appreciation
6.55%
Original Mortgage
$274,928
Outstanding Balance
$211,378
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$348,888

Purchase Details

Closed on
Sep 8, 2004
Sold by
Bryant Bruce and Bryant Michele
Bought by
Bryant Bruce and Bryant Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,625
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2000
Sold by
Green Gary and Green Carol A
Bought by
Bryant Bruce and Bryant Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
8.15%
Mortgage Type
VA
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
Flad James F $280,000 Ticor Title Company
Bryant Bruce -- First American Title
Bryant Bruce $185,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flad James F $274,928
Previous Owner Bryant Bruce $284,625
Previous Owner Bryant Bruce $188,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $280,000 -3.4% $107 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $289,900 -- $111 / 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 $4,475 $336,507 $90,133 $246,374
2024 $4,393 $329,910 $88,366 $241,544
2023 $4,393 $323,442 $86,634 $236,808
2022 $4,320 $317,101 $84,936 $232,165
2021 $4,233 $310,884 $83,271 $227,613
2020 $4,116 $307,698 $82,418 $225,280
2019 $4,058 $307,698 $82,418 $225,280
2018 $3,928 $295,751 $79,218 $216,533
2017 $3,948 $289,953 $77,665 $212,288
2016 $3,675 $284,269 $76,143 $208,126
2015 $3,612 $280,000 $75,000 $205,000
2014 $2,910 $227,393 $43,015 $184,378
Source: Public Records

Agents Affiliated with this Home

  • Jon Busby

    Seller's Agent in 2014

    Jon Busby

    Team Busby Real Estate

    (661) 410-7355

    18 in this area

    622 Total Sales

    Jon Busby
    Section Image
  • Suzanne Harandi

    Buyer's Agent in 2014

    Suzanne Harandi

    RE/MAX

    (661) 332-9868

    3 in this area

    202 Total Sales

    Suzanne Harandi
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21408467

Bakersfield Association of REALTORS® / GEMLS

APN: 361-113-06-00-3

California Kern County Bakersfield 93308 Olive Drive Area

7101 Luke Ave, Bakersfield, CA

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.
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