NOT LISTED FOR SALE

7408 Olive Dr Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $437,000 - $462,003

3 Beds
2 Baths
1,873 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $259,950 $139 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,803/month

96 Days on Market

Highlights

  • 1 Fireplace
  • Centennial High School Rated A-
  • 1-Story Property

About This Home

As of September 2017

Olive Drive Area Home Sitting on a large lot, OVERSIZED DEEP GARAGE LOT AND RV/BOAT/TRAILER PARKING POSSIBILITES! Per recent appraisal home is 2,339 sq ft. This 3 Bedroom, 2 Bathroom plus office home will capture your heart the second you walk in! Large windows and high ceilings provide great natural light. The kitchen offers rich cabinets, tile counter tops, attached microwave and oven, and a large breakfast bar. Large master bedroom with smooth ceilings offers a large walk-in closet, master bathroom offers tile counter tops, walk in shower, and a unique soaking tub. French Doors lead you to a covered patio & lots of space perfect space for those family gatherings. Don't miss out , Schedule your appointment today!

Last Agent to Sell the Property

Brian Hicks

Brian Hicks Real Estate Group License #01866337 Listed on: 05/25/2017

Last Buyer's Agent

Mike Bettes

The Cope Real Estate Team License #01951953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1988

Lot Details

  • 9,979 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Wood Roof

Interior Spaces

  • 1,873 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 36212107

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,925

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2291
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1873.00

Exterior Features

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

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: 9979.00
  • Parcel #: 36212107

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Lynn Montanio
Bought by
Lynn A Montanio Trust
Current Estimated Value
$454,501

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 7, 2017
Sold by
Nichols Dayna Favero and The R & C Favero Irrevocable T
Bought by
Montanio Arthur F and Montanio Lynn
Seller's Agent
Brian Hicks
Brian Hicks Real Estate Group
Buyer's Agent
Mike Bettes
The Cope Real Estate Team
List Price
$259,950
Sold Price
$259,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$265,538
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2010
Sold by
Favero Robert and Favero Carroll Jean
Bought by
Nichols Dayna Favero and R & C Favero Irrevocable Trust
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
Lynn A Montanio Trust -- --
Montanio Arthur F $260,000 Stewart Title Of Ca Inc
Nichols Dayna Favero -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montanio Arthur F $261,912
Previous Owner Montanio Arthur F $265,538
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $259,950 0.0% $139 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $259,950 -- $139 / 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 $3,925 $295,831 $56,889 $238,942
2024 $3,848 $290,031 $55,774 $234,257
2023 $3,848 $284,345 $54,681 $229,664
2022 $3,775 $278,770 $53,609 $225,161
2021 $3,688 $273,305 $52,558 $220,747
2020 $3,688 $270,504 $52,020 $218,484
2019 $3,530 $270,504 $52,020 $218,484
2018 $3,414 $260,000 $50,000 $210,000
2017 $2,821 $205,326 $48,496 $156,830
2016 $2,632 $201,301 $47,546 $153,755
2015 $2,588 $198,278 $46,832 $151,446
2014 $2,515 $194,395 $45,915 $148,480
Source: Public Records

Agents Affiliated with this Home

  • Brian Hicks

    Seller's Agent in 2017

    Brian Hicks

    Brian Hicks Real Estate Group

    (661) 477-4357

    25 in this area

    975 Total Sales

    Brian Hicks
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Bettes

    The Cope Real Estate Team

    (858) 208-8220

    3 in this area

    91 Total Sales

    Mike Bettes
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21705947

Bakersfield Association of REALTORS® / GEMLS

APN: 362-121-07-00-2

California Kern County Bakersfield 93308 Olive Drive Area

7408 Olive Dr, Bakersfield, CA

This home is located at 7408 Olive Dr, Bakersfield, CA 93308 since 25 May 2017 and is currently estimated at $454,501, approximately $242 per square foot. This property was built in 1988. 7408 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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