NOT LISTED FOR SALE

7400 Palm Tree Cir Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $720,749 - $795,000

4 Beds
3 Baths
3,512 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $680,000 $194 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,859/month

7 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Central Heating and Cooling System
  • Centennial High School Rated A-

About This Home

As of May 2024

Located in the highly sought after gated community of Palm Tree Circle in Northwest Bakersfield, this 4 bed/3 bath/2 story house sits on 22,651 sq ft of land with 2 separate living areas, a formal dining area, and a spacious backyard with a built in pool, perfect for those hot Bakersfield summers! Be sure to schedule your showing today as houses for sale in this area are rare and do not last long!

Last Agent to Sell the Property

Michael Dunn

LPT Realty, Inc. License #01771735 Listed on: 04/08/2024

Last Buyer's Agent

Michael Dunn

LPT Realty, Inc. License #01771735 Listed on: 04/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,884

Year Built

  • Built in 1982

Lot Details

  • 0.52 Acre Lot
  • Zoning described as R-S

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36115036

Community Details

Overview

  • Palm Tree Circle HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,884

Year Built

Built in 1982

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1982
  • Building Stories: 2
  • Solar Owned Leased: None
  • Deposit Amount Required: 7000.00
  • H O A Fee1 Frequency: Monthly
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.5200
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 3.00
  • Total Bedrooms: 4
  • Living Area: 3512.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage, 3 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Association/Amenities

  • Site Amenities: Gated Community

Condo/Co-op/Association

  • Association Fee: 161.00
  • Association Name: palm tree circle HOA

Schools

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

Lot Info

  • Zoning Description: R-S
  • Lot Size Sq Ft: 22651.00
  • Parcel #: 36115036

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Apr 25, 2024
Sold by
Hay Family Trust and Hernandez Ann
Bought by
Nunneley Chase Aaron and Nunneley Lindsay
Seller's Agent
Michael Dunn
LPT Realty, Inc.
Buyer's Agent
Michael Dunn
LPT Realty, Inc.
List Price
$710,000
Sold Price
$680,000
Premium/Discount to List
-$30,000
-4.23%
Views
32
Current Estimated Value
$756,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,937
Avg. Annual Appreciation
8.95%
Original Mortgage
$340,000
Outstanding Balance
$334,370
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$422,567

Purchase Details

Closed on
Aug 28, 2002
Sold by
Hay Roger W and Hay Jacqueline C
Bought by
Hay Roger W and Hay Jacqueline C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nunneley Chase Aaron $680,000 Placer Title
Hay Roger W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunneley Chase Aaron $340,000
Previous Owner Hay Roger W $139,500
Previous Owner Hay Roger W $168,000
Previous Owner Hay Roger W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $680,000 -4.2% $194 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $710,000 -- $202 / 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 $6,884 $693,600 $183,600 $510,000
2024 $6,689 $537,477 $171,335 $366,142
2023 $6,689 $526,939 $167,976 $358,963
2022 $6,604 $516,608 $164,683 $351,925
2021 $6,507 $506,479 $161,454 $345,025
2020 $6,343 $501,287 $159,799 $341,488
2019 $6,253 $501,287 $159,799 $341,488
2018 $6,052 $481,824 $153,595 $328,229
2017 $6,087 $472,378 $150,584 $321,794
2016 $5,646 $463,117 $147,632 $315,485
2015 $5,545 $456,162 $145,415 $310,747
2014 $5,109 $420,000 $105,000 $315,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Dunn

    Seller's Agent in 2024

    Michael Dunn

    LPT Realty, Inc.

    (661) 330-9631

    5 in this area

    116 Total Sales

    Michael Dunn
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202403357

Bakersfield Association of REALTORS® / GEMLS

APN: 361-150-36-00-1

California Kern County Bakersfield 93308 Olive Drive Area

7400 Palm Tree Cir, Bakersfield, CA

This home is located at 7400 Palm Tree Cir, Bakersfield, CA 93308 since 08 April 2024 and is currently estimated at $756,937, approximately $215 per square foot. This property was built in 1982. 7400 Palm Tree Cir 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.

Nearby Homes