NOT LISTED FOR SALE

7500 Norris Rd Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $508,963 - $534,000

4 Beds
2 Baths
1,989 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $475,000 $239 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,246/month

12 Days on Market

Highlights

  • In Ground Pool
  • Solar owned by a third party
  • 1-Story Property
  • Centennial High School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2024

Delightful Bakersfield residence nestled in the NW's Olive Drive area! Boasts 4 cozy bedrooms, 2 full baths, and two car garage, all sitting on a vast .42-acre lot perfect for RV storage or potential shop/ADU addition. Expansive backyard haven, complete with covered patio, shed and a dazzling swimming pool featuring a cascading waterfall and a spa for relaxation. Updated flooring throughout to enhance the home's appeal. Benefits from solar system and dual upgraded HVAC units for optimal climate control. Stylish kitchen outfitted with chic butcher block counters, subway tile backsplash, brand-new appliances, and freshly painted cabinetry. Revitalized bathroom spaces. The main suite includes a commodious walk-in closet along with a sumptuous soaking tub and shower. Inviting family room anchored by a warm fireplace. Situated within the esteemed Norris School District. The perfect fusion of modern amenities and abundant living space awaits you!

Last Agent to Sell the Property

Jeff Bussman

Coldwell Banker Preferred,RLT License #1120306 Listed on: 01/19/2024

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Connor Andreesen

Miramar International-Riverwal License #02119660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1989

Lot Details

  • 0.42 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,989 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Solar owned by a third party
  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36101067

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,818

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1989
  • Building Stories: 1
  • Solar Owned Leased: Leased
  • Deposit Amount Required: 7000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.4200
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1989.00

Exterior Features

  • Roof: Composition
  • Disclosures: Subject To:
  • Pool Features: Inground

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Association/Amenities

  • Site Amenities: Alley, Corner

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 18295.00
  • Parcel #: 36101067
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 6, 2024
Sold by
Core Jeremy and Core Alex
Bought by
Michaels Lorenzo and Michaels Shari M
Seller's Agent
Jeff Bussman
Coldwell Banker Preferred,RLT
Buyer's Agent
Connor Andreesen
Miramar International-Riverwal
List Price
$468,888
Sold Price
$475,000
Premium/Discount to List
$6,112
1.3%
Views
38
Current Estimated Value
$521,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,991
Avg. Annual Appreciation
6.43%
Original Mortgage
$459,146
Outstanding Balance
$451,913
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$68,306

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 26, 2020
Sold by
Brewer Kavin K and Brewer Tracy
Bought by
Core Jeremy and Core Alex
Seller's Agent
Paula Vargas
Watson Realty
Buyer's Agent
Jeff Bussman
Coldwell Banker Preferred,RLT
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$296,650
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Stan Brewer Realty Inc
Bought by
Brewer Kavin K and Brewer Tracy

Purchase Details

Closed on
Aug 8, 2003
Sold by
Biel Michelle D
Bought by
Stan Brewer Realty Inc

Purchase Details

Closed on
Feb 21, 1997
Sold by
Biel Michelle D
Bought by
Biel Phillip J and Biel Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,278
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 1995
Sold by
Biel Phillip J
Bought by
Biel Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
9.75%

Purchase Details

Closed on
Nov 30, 1995
Sold by
Plaskett Glenn R and Plaskett Sally D
Bought by
Biel Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
9.75%
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
Michaels Lorenzo $475,000 Placer Title
Core Jeremy $349,000 Ticor Title Company
Brewer Kavin K -- Chicago Title
Stan Brewer Realty Inc $149,000 --
Biel Phillip J -- --
Biel Michelle D -- Nations Title
Biel Michelle D $125,000 Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaels Lorenzo $459,146
Previous Owner Core Jeremy $296,650
Previous Owner Brewer Kavin K $189,230
Previous Owner Brewer Kavin K $50,000
Previous Owner Brewer Kavin K $210,000
Previous Owner Brewer Kavin K $176,000
Previous Owner Biel Phillip J $22,278
Previous Owner Biel Michelle D $93,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $475,000 +1.3% $239 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $468,888 0.0% $236 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $468,888 +34.4% $236 / Sq Ft
12/15/2020 12/15/20 Sold $349,000 0.0% $175 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $349,000 -- $175 / 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 $4,818 $484,500 $122,400 $362,100
2024 $4,730 $370,360 $84,896 $285,464
2023 $4,730 $363,099 $83,232 $279,867
2022 $4,653 $355,980 $81,600 $274,380
2021 $4,648 $349,000 $80,000 $269,000
2020 $3,413 $259,996 $64,994 $195,002
2019 $3,363 $259,996 $64,994 $195,002
2018 $3,250 $249,902 $62,471 $187,431
2017 $3,263 $245,003 $61,247 $183,756
2016 $3,037 $240,200 $60,047 $180,153
2015 $2,984 $236,593 $59,146 $177,447
2014 $2,914 $231,960 $57,988 $173,972
Source: Public Records

Agents Affiliated with this Home

  • Jeff Bussman

    Seller's Agent in 2024

    Jeff Bussman

    Coldwell Banker Preferred,RLT

    (661) 836-6268

    3 in this area

    79 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Connor Andreesen

    Miramar International-Riverwal

    1 in this area

    44 Total Sales

    Section Image
  • Paula Vargas

    Seller's Agent in 2020

    Paula Vargas

    Watson Realty

    (661) 477-5601

    1 in this area

    30 Total Sales

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202400698

Bakersfield Association of REALTORS® / GEMLS

APN: 361-010-67-00-0

California Kern County Bakersfield 93308 Olive Drive Area

7500 Norris Rd, Bakersfield, CA

This home is located at 7500 Norris Rd, Bakersfield, CA 93308 since 19 January 2024 and is currently estimated at $521,991, approximately $262 per square foot. This property was built in 1989. 7500 Norris Rd 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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