NOT LISTED FOR SALE

7501 Olive Dr Bakersfield, CA 93308

Fruitvale Neighborhood

Estimated Value: $363,910 - $460,000

3 Beds
2 Baths
1,490 Sq Ft
$273/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $230,000 $154 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,434/month

39 Days on Market

Highlights

  • 0.74 Acre Lot
  • Centennial High School Rated A-
  • 1-Story Property

About This Home

As of April 2016

Country living in the city!! Come spread your wings, just over 3/4 of an acre, with fruit trees & a large covered patio for plenty of shade, a large garage/shop out back with alley access, front house has 3 bedrooms & 1 bathroom with all new flooring, updated kitchen & bath, & a huge master bedroom, Plus there's guest quarters with 2 rooms, a 3/4 bathroom, and laundry room! Come take a look today, seller is motivated!!

Last Agent to Sell the Property

Laura Vega

Unknown Broker License #01942324 Listed on: 02/04/2016

Last Buyer's Agent

Julio Cesar

Golden Homes Real Estate License #01767783

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.74 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Norris Elementary And Middle School
  • Centennial High School

Listing and Financial Details

  • Assessor Parcel Number 50601005

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1952
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.7433
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.75
  • Total Bedrooms: 3
  • Living Area: 1490.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: Other
  • Lot Size Sq Ft: 32377.00
  • Parcel #: 50601005

MLS Schools

  • Elementary School: Norris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 22, 2016
Sold by
Rodriguez Pedro Valencia
Bought by
Valencia Rosalba
Seller's Agent
Laura Vega
Unknown Broker
Buyer's Agent
Julio Cesar
Golden Homes Real Estate
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$406,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,478
Avg. Annual Appreciation
6.03%
Original Mortgage
$225,834
Outstanding Balance
$180,826
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$225,652

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 3, 2016
Sold by
Thompson Richard and Thompson Marilyn
Bought by
Valencia Rosalba and Rivas Maria V
Seller's Agent
Laura Vega
Unknown Broker
Buyer's Agent
Julio Cesar
Golden Homes Real Estate
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Outstanding Balance
$180,826
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$225,652

Purchase Details

Closed on
Mar 22, 2013
Sold by
Thompson Lawanda
Bought by
Thompson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,550
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2012
Sold by
Thompson Marilyn
Bought by
Thompson Richard and Thompson Marilyn

Purchase Details

Closed on
Dec 29, 1997
Sold by
Thompson Marilyn
Bought by
Saylor Clyde and Thompson Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.14%
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
Valencia Rosalba -- Placer Title Company
Valencia Adilene -- Placer Title Company
Valencia Rosalba $230,000 Placer Title Company
Thompson Richard -- First American Title Ins Co
Thompson Richard -- None Available
Saylor Clyde $30,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Rosalba $225,834
Previous Owner Thompson Richard $38,550
Previous Owner Saylor Clyde $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $230,000 -8.0% $154 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $250,000 -- $168 / 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 $3,705 $272,266 $71,024 $201,242
2024 $3,632 $266,929 $69,632 $197,297
2023 $3,632 $261,696 $68,267 $193,429
2022 $3,562 $256,566 $66,929 $189,637
2021 $3,477 $251,536 $65,617 $185,919
2020 $3,375 $248,958 $64,945 $184,013
2019 $3,327 $248,958 $64,945 $184,013
2018 $3,219 $239,292 $62,424 $176,868
2017 $3,233 $234,600 $61,200 $173,400
2016 $571 $25,543 $8,173 $17,370
2015 $566 $25,161 $8,051 $17,110
2014 $547 $24,669 $7,894 $16,775
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laura Vega

    Unknown Broker

    Section Image

  • J

    Buyer's Agent in 2016

    Julio Cesar

    Golden Homes Real Estate

    (661) 303-8901

    44 Total Sales

    Julio Cesar
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21601415

Bakersfield Association of REALTORS® / GEMLS

APN: 506-010-05-00-5

California Kern County Bakersfield 93308 Fruitvale

7501 Olive Dr, 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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