NOT LISTED FOR SALE

7308 Olive Dr Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $490,000 - $535,000

4 Beds
3.5 Baths
2,376 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $310,000 $130 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,152/month

16 Days on Market

Highlights

  • 1 Fireplace
  • Solar owned by seller
  • 1-Story Property
  • Centennial High School Rated A-

About This Home

As of December 2018

Paid off solar unit! YES!!! PAID OFF SOLAR!!!! And an Additional $31,000 built 441 sq ft garage/shop with bathroom.RV parking!You have to see this pride of ownership home located in the traditional Olive Dr. neighborhood. This immaculate home offers 4 fantastic sized bedrooms, 3.5 baths, ceiling fans throughout, a central vacuum system and a kitchen complimented with granite counter tops and matching appliances. Two large living areas and a built-in bar. Fully landscaped backyard with patio and alley access with automatic gate. If you're looking for a great way to get everything you need to be wrapped up in a package then this is it!

Last Agent to Sell the Property

Gary Frausto

Miramar International Calloway License #01969289 Listed on: 10/24/2018

Last Buyer's Agent

Rachael Newell

Miramar International-Riverwal License #01303876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 1985

Lot Details

  • 10,104 Sq Ft Lot
  • Zoning described as R1

Parking

  • 4 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,376 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Eco-Friendly Details

  • Solar owned by seller

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 36212103

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,577

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1985
  • Building Stories: 1
  • Solar Owned Leased: Owned
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2320
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 3.50
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Living Area: 2376.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 4 + Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Association/Amenities

  • Site Amenities: Alley

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 10104.00
  • Parcel #: 36212103

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 15, 2018
Sold by
Saldana Jaime and Saldana Xiuling
Bought by
Arvin Cherry Orchards Lp
Seller's Agent
Gary Frausto
Miramar International Calloway
Buyer's Agent
Rachael Newell
Miramar International-Riverwal
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$508,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,560
Avg. Annual Appreciation
7.72%
Original Mortgage
$225,000
Outstanding Balance
$199,387
Interest Rate
4.9%
Mortgage Type
Commercial
Estimated Equity
$311,349

Purchase Details

Listed on
Sep 2, 2015
Closed on
Sep 30, 2015
Sold by
Millington John Wayne and Millington Jacqueline Lyn
Bought by
Saldana Jaime and Saldana Xiuling
Seller's Agent
Denice Schweer
Unknown Broker
Buyer's Agent
Tracy Boughton
Unknown Broker
List Price
$299,990
Sold Price
$289,000
Premium/Discount to List
-$10,990
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$274,550
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2014
Sold by
Millington John Wayne
Bought by
Millington John Wayne and Millington Jacqueline Lyn

Purchase Details

Listed on
Jul 8, 2013
Closed on
Oct 1, 2013
Sold by
Lewis Barbara K and Lewis Gerald L
Bought by
Millington John Wayne
Seller's Agent
Kevin Peters
Coldwell Banker Preferred,RLT
Buyer's Agent
Denice Schweer
Unknown Broker
List Price
$249,900
Sold Price
$259,000
Premium/Discount to List
$9,100
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$109,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Lewis Gerald L and Lewis Barbara K
Bought by
Barbara K Lewis & Gerald Lewis Revocable
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
Arvin Cherry Orchards Lp $310,000 Chicago Title Bakersfield
Saldana Jaime $290,000 Chicago Title Company
Millington John Wayne -- None Available
Millington John Wayne $259,000 Placer Title Company
Barbara K Lewis & Gerald Lewis Revocable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arvin Cherry Orchards Lp $225,000
Previous Owner Saldana Jaime $274,550
Previous Owner Millington John Wayne $109,000
Previous Owner Lewis Gerald $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $310,000 -4.6% $130 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $325,000 +12.5% $137 / Sq Ft
11/06/2015 11/06/15 Sold $289,000 -3.7% $122 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $299,990 +15.8% $126 / Sq Ft
10/23/2013 10/23/13 Sold $259,000 +3.6% $109 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $249,900 -- $105 / 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 $4,577 $345,806 $78,084 $267,722
2024 $4,494 $339,026 $76,553 $262,473
2023 $4,494 $332,379 $75,052 $257,327
2022 $4,420 $325,863 $73,581 $252,282
2021 $4,332 $319,475 $72,139 $247,336
2020 $4,213 $316,200 $71,400 $244,800
2019 $4,154 $316,200 $71,400 $244,800
2018 $4,102 $310,675 $62,424 $248,251
2017 $4,003 $294,780 $61,200 $233,580
2016 $3,725 $289,000 $60,000 $229,000
2015 $3,346 $264,174 $71,398 $192,776
2014 $3,257 $259,000 $70,000 $189,000
Source: Public Records

Agents Affiliated with this Home

  • Gary Frausto

    Seller's Agent in 2018

    Gary Frausto

    Miramar International Calloway

    (661) 900-4104

    1 in this area

    78 Total Sales

    Gary Frausto
    Section Image

  • R

    Buyer's Agent in 2018

    Rachael Newell

    Miramar International-Riverwal

    Section Image

  • D

    Seller's Agent in 2015

    Denice Schweer

    Unknown Broker

  • T

    Buyer's Agent in 2015

    Tracy Boughton

    Unknown Broker

  • Kevin Peters

    Seller's Agent in 2013

    Kevin Peters

    Coldwell Banker Preferred,RLT

    (661) 900-5230

    2 in this area

    99 Total Sales

    Kevin Peters
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Coleen Peters

    Coldwell Banker Preferred,RLT

    (661) 747-9001

    2 in this area

    90 Total Sales

    Coleen Peters
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21812874

Bakersfield Association of REALTORS® / GEMLS

APN: 362-121-03-00-0

California Kern County Bakersfield 93308 Olive Drive Area

7308 Olive Dr, Bakersfield, CA

This home is located at 7308 Olive Dr, Bakersfield, CA 93308 since 24 October 2018 and is currently estimated at $508,560, approximately $214 per square foot. This property was built in 1985. 7308 Olive Dr 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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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