NOT LISTED FOR SALE

8031 Olive Dr Bakersfield, CA 93308

Fruitvale Neighborhood

Estimated Value: $487,940 - $529,000

3 Beds
2.5 Baths
2,188 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $355,000 $162 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,043/month

27 Days on Market

Highlights

  • 1 Fireplace
  • 1-Story Property
  • 4-minute walk to Kroll Dog Park
  • Centennial High School Rated A-

About This Home

As of December 2019

This wonderful home located in NORTHWEST Bakersfield OLIVE Drive area truly defines Pride of Ownership! It features 3 BR 2.5 BA in 2188 sf of living space, and over 12,000 sf, plus a fully equipped and permitted 1300 sf WORKSHOP with tons of storage for any project you can imagine! Also, a paved and covered RV space with electrical hookup!! This beautiful home has too many UPGRADES to list, including custom security doors and dual pane windows, granite countertops and ceramic tile floors, instant-on hot water, a HUGE Master bedroom with backyard access, fireplace, a roof replacement in 2015, plus a 2 car garage with built-in cabinets. The WORKSHOP features an additional 2 car garage with alley access, A/C, hot water, built-in workbenches, cabinets and central air compressor, and a 1/2 bathroom! It easily converts into another useable living space! ADT security and external cameras throughout.The large covered patio features a built-in BBQ with lot of storage. Don't miss this one!

Last Agent to Sell the Property

Ann Na

Watson Realty License #01987467 Listed on: 11/29/2019

Co-Listed By

Frederick Mirra

Watson Realty License #02017452

Last Buyer's Agent

Ann Na

Watson Realty License #01987467 Listed on: 11/29/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.28 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,188 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 50612228

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1983
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2827
  • Co List Office Mls Id: 10406
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 2188.00

Exterior Features

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

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: 12316.00
  • Parcel #: 50612228

MLS Schools

  • Elementary School: Olive Drive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Dec 23, 2019
Sold by
Morse Janice Sue
Bought by
Vaca Marcus Anthony
Seller's Agent
Ann Na
Watson Realty
Buyer's Agent
Ann Na
Watson Realty
List Price
$367,500
Sold Price
$355,000
Premium/Discount to List
-$12,500
-3.4%
Current Estimated Value
$504,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,985
Avg. Annual Appreciation
5.97%
Original Mortgage
$355,000
Outstanding Balance
$313,595
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$191,390

Purchase Details

Closed on
Jan 15, 1996
Sold by
Walker James C and Okuma Family Revocable Trust
Bought by
Morse Gary Wayne and Morse Janice Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.99%
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
Vaca Marcus Anthony $355,000 Placer Title Company
Morse Gary Wayne $131,000 Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaca Marcus Anthony $355,000
Previous Owner Morse Gary Wayne $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $355,000 -3.4% $162 / Sq Ft
11/29/2019 11/29/19 For Sale $367,500 -- $168 / 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 $4,980 $388,240 $76,553 $311,687
2024 $4,890 $380,628 $75,052 $305,576
2023 $4,890 $373,166 $73,581 $299,585
2022 $4,813 $365,850 $72,139 $293,711
2021 $4,722 $358,677 $70,725 $287,952
2020 $4,595 $355,000 $70,000 $285,000
2019 $2,912 $218,315 $45,558 $172,757
2018 $2,816 $209,840 $43,790 $166,050
2017 $2,826 $205,727 $42,932 $162,795
2016 $2,637 $201,695 $42,091 $159,604
2015 $2,593 $198,667 $41,459 $157,208
2014 $2,520 $194,777 $40,647 $154,130
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ann Na

    Watson Realty

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21913661

Bakersfield Association of REALTORS® / GEMLS

APN: 506-122-28-00-8

California Kern County Bakersfield 93308 Fruitvale

8031 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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