NOT LISTED FOR SALE

7241 Olive Dr Bakersfield, CA 93308

Fruitvale Neighborhood

Estimated Value: $424,236 - $446,000

3 Beds
2 Baths
1,748 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $252,500 $144 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,635/month

32 Days on Market

Highlights

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

About This Home

As of March 2016

Amazing Olive Drive Home....This stylish home features 3 bedrooms and 2 full bathrooms. 1748 well planned square feet. Entry opens to a sunken living room with great views of the patio and sparkling pool. Kitchen features gorgeous tile countertops sitting on freshly updated white cabinets. The dining bar opens to a large family room with a fire place. Bedrooms are all nice sized and offer plenty of storage. Master bedroom has a large walk in closet and new shower in the bathroom. This corner lot offers alley access as well as RV parking.

Last Agent to Sell the Property

Polly Watts

Unknown Broker License #00895696 Listed on: 01/15/2016

Last Buyer's Agent

William Chicas

Watson Realty License #01815714

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,748 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 50610314

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1978
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 1748.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 50610314

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Mar 14, 2016
Sold by
Eagle Vista Equities Llc
Bought by
Robles Manuel E
Seller's Agent
Polly Watts
Unknown Broker
Buyer's Agent
William Chicas
Watson Realty
List Price
$250,000
Sold Price
$252,500
Premium/Discount to List
$2,500
1%
Current Estimated Value
$440,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,382
Avg. Annual Appreciation
5.68%
Original Mortgage
$247,926
Outstanding Balance
$196,882
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$237,927

Purchase Details

Listed on
Jul 29, 2015
Closed on
Oct 15, 2015
Sold by
U S Bank National Association
Bought by
Eagle Vista Equities Llc
Seller's Agent
Jesus Soto
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$235,000
Sold Price
$178,500
Premium/Discount to List
-$56,500
-24.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.34%

Purchase Details

Closed on
Jun 3, 2015
Sold by
Villalobos Juan F and Villalobos Linda M
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 18, 2006
Sold by
Villalobos Juan F and Villalobos Linda M
Bought by
Villalobos Juan F and Villalobos Linda M

Purchase Details

Closed on
Jul 19, 2006
Sold by
Sebesta Ramona Sue
Bought by
Villalobos Juan F and Villalobos Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 8, 2003
Sold by
Va
Bought by
Hatton Lillie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.15%

Purchase Details

Closed on
Dec 6, 2002
Sold by
Hatton Lillie P
Bought by
Sebesta Ramona Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Welch David Royal and Welch Jimmye Geraldine
Bought by
Va

Purchase Details

Closed on
Dec 27, 1993
Sold by
Welch David Royal and Welch Jimmye Geraldine
Bought by
Welch David Royal and Welch Jimmye Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.38%
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
Robles Manuel E $252,500 Title 365
Eagle Vista Equities Llc $178,500 Title 365
U S Bank National Association $265,084 None Available
Villalobos Juan F -- None Available
Villalobos Juan F $350,000 Ticor Title Company Of Ca
Hatton Lillie P -- Chicago Title
Sebesta Ramona Sue $160,000 Chicago Title
Va $130,000 Chicago Title Co
Welch David Royal -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Manuel E $247,926
Previous Owner Villalobos Juan F $280,000
Previous Owner Sebesta Ramona Sue $65,000
Previous Owner Welch David Royal $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2016 03/18/16 Sold $252,500 +1.0% $144 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $250,000 +40.1% $143 / Sq Ft
10/28/2015 10/28/15 Sold $178,500 -24.0% $102 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $235,000 -- $134 / 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 $3,964 $299,492 $71,024 $228,468
2024 $3,887 $293,621 $69,632 $223,989
2023 $3,887 $287,865 $68,267 $219,598
2022 $3,814 $282,222 $66,929 $215,293
2021 $3,727 $276,689 $65,617 $211,072
2020 $3,620 $273,853 $64,945 $208,908
2019 $3,567 $273,853 $64,945 $208,908
2018 $3,451 $263,221 $62,424 $200,797
2017 $3,461 $258,060 $61,200 $196,860
2016 $2,449 $179,000 $55,000 $124,000
2015 $3,161 $243,000 $61,000 $182,000
2014 -- $239,000 $60,000 $179,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Polly Watts

    Unknown Broker

  • William Chicas

    Buyer's Agent in 2016

    William Chicas

    Watson Realty

    (661) 912-5778

    60 Total Sales

    William Chicas
    Section Image

  • J

    Seller's Agent in 2015

    Jesus Soto

    Unknown Broker

  • N

    Buyer's Agent in 2015

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21514690

Bakersfield Association of REALTORS® / GEMLS

APN: 506-103-14-00-8

California Kern County Bakersfield 93308 Fruitvale

7241 Olive Dr, Bakersfield, CA

Not Listed for Sale

Detached

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