NOT LISTED FOR SALE

7408 Palm Tree Cir Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $686,749 - $897,000

4 Beds
3.5 Baths
3,508 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $550,000 $157 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,030/month

61 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Solar owned by seller
  • Centennial High School Rated A-
  • 2 Fireplaces

About This Home

As of August 2019

Rare opportunity to live in Palm Tree Circle Estates! This stunning home offers an expansive open floor plan, 4 bedrooms + an office, 3.5 baths, dramatic vaulted ceilings, modern designer lighting, a gourmet chef's kitchen with an entire wall of cabinetry, built in desk, built in hutch, a center island, and stainless appliances including a wine refrigerator. Gorgeous flooring and plantation shutters on the lower level. The beautiful backyard oasis features exquisite landscaping, a sparkling in-ground swimming pool, pergola with above ground spa, a large covered patio, and separate pergola for seating at back of property. The private gated community includes a designated onsite RV parking space plus your own personal Sea-Train for storage. The central park spanning over 5 1/2 acres is great for family gatherings and activities. Located in desirable Northwest neighborhood in a great school district. Homes in this gated/park neighborhood rarely come up for sale!

Last Agent to Sell the Property

Scott Rivera

Scott Rivera Real Estate Team License #00626698 Listed on: 05/16/2019

Last Buyer's Agent

Jeff Jackson

Jeff Jackson & Associates License #01257269

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Zoning described as R1

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Eco-Friendly Details

  • Solar owned by seller

Pool

  • In Ground Pool
  • Spa

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 36115038

Community Details

Overview

  • Palm Tree Circle Estates Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0.34 Acres

HOA Fees

$138 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Building Stories: 2
  • Solar Owned Leased: Owned
  • H O A Fee1 Frequency: Monthly
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.3433
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 3.50
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Living Area: 3508.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Association/Amenities

  • Site Amenities: Gated Community

Condo/Co-op/Association

  • Association Fee: 138.00
  • Association Name: Palm Tree Circle Estates

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 14952.00
  • Parcel #: 36115038

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 19, 2019
Sold by
Casterline Nina Elisabeth and Casterline Eric R
Bought by
Crown Alan
Seller's Agent
Scott Rivera
Scott Rivera Real Estate Team
Buyer's Agent
Jeff Jackson
Jeff Jackson & Associates
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$829,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,271
Avg. Annual Appreciation
5.90%
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2019
Sold by
Crown Andrew
Bought by
Crown Alana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
Nov 15, 2013
Sold by
Saunders Roy F and Saunders Joanne M
Bought by
Hostmark Nina Elisabeth and Casterline Eric R
Seller's Agent
Denise Keiffer
Kyle Wigley, Referral
Buyer's Agent
Chad Brown
Unknown Broker
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$403,750
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1994
Sold by
Saunders Roy F and Saunders Joanne M
Bought by
Saunders Roy F and Saunders Joanne M
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
Crown Alan $550,000 Chicago Title Bakersfield
Crown Alana -- Chicago Title Bakersfield
Hostmark Nina Elisabeth $425,000 Placer Title
Saunders Roy F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crown Alana $350,000
Previous Owner Hostmark Nina Elisabeth $403,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold $550,000 0.0% $157 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $549,900 +29.4% $157 / Sq Ft
12/16/2013 12/16/13 Sold $425,000 0.0% $121 / Sq Ft View Prior Sale
11/16/2013 11/16/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $425,000 -- $121 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $7,493 $601,502 $109,363 $492,139
2024 $7,372 $589,709 $107,219 $482,490
2023 $7,372 $578,147 $105,117 $473,030
2022 $7,285 $566,811 $103,056 $463,755
2021 $7,188 $555,698 $101,036 $454,662
2020 $7,012 $550,000 $100,000 $450,000
2019 $6,043 $476,374 $112,087 $364,287
2018 $5,850 $457,879 $107,736 $350,143
2017 $5,885 $448,902 $105,624 $343,278
2016 $5,461 $440,101 $103,553 $336,548
2015 $5,364 $433,491 $101,998 $331,493
2014 $5,247 $425,000 $100,000 $325,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Scott Rivera

    Scott Rivera Real Estate Team

    (661) 343-6304

    1 in this area

    17 Total Sales

    Scott Rivera
    Section Image
  • Jeff Jackson

    Buyer's Agent in 2019

    Jeff Jackson

    Jeff Jackson & Associates

    (661) 703-9800

    13 in this area

    462 Total Sales

    Jeff Jackson
    Section Image

  • D

    Seller's Agent in 2013

    Denise Keiffer

    Kyle Wigley, Referral

  • C

    Buyer's Agent in 2013

    Chad Brown

    Unknown Broker

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21905580

Bakersfield Association of REALTORS® / GEMLS

APN: 361-150-38-00-7

California Kern County Bakersfield 93308 Olive Drive Area

7408 Palm Tree Cir, Bakersfield, CA

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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