NOT LISTED FOR SALE

8315 Olive Grove Ct Bakersfield, CA 93312

Riverlakes Neighborhood

Estimated Value: $340,000 - $407,000

4 Beds
2 Baths
1,485 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $365,000 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,338/month

16 Days on Market

Highlights

  • Central Heating and Cooling System
  • Centennial High School Rated A-
  • 1-Story Property

About This Home

As of June 2024

Attention Investors! Dont miss out in this incredible opportunity to transform a diamond in the rough into a stunning gem! This 4 bedroom, 2 bathroom home in Bakersfield's Prime Northwest location is waiting for your TLC. With a little love and care, this property has the potential to shine and become the perfect home for the right buyer. This Home offers easy access to local amenities, schools, and transportation, making it an attractive option for families. Don't let this opportunity pass you by! Grab your tools and turn this property into a beautiful and profitable investment.

Last Agent to Sell the Property

Rigo Alvarado

Elite, Realtors® License #02073625 Listed on: 05/15/2024

Co-Listed By

Anthony Magana

Elite, Realtors® License #01936801

Last Buyer's Agent

Anthony Magana

Elite, Realtors® License #01936801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 2003

Lot Details

  • 6,969 Sq Ft Lot
  • Zoning described as R2

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Endeavour Elementary School
  • Fruitvale Middle School
  • Centennial High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 6005 Ph 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45150107

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2003
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 3500.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1600
  • Co List Office Mls Id: 11081
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1485.00

Exterior Features

  • Roof: Tile
  • 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: Cul De Sac

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 6969.00
  • Parcel #: 45150107

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Endeavour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 3, 2024
Sold by
Flores Fernando
Bought by
Madrigal Santiago Tera and Alonso Mirna Romero
Seller's Agent
Rigo Alvarado
Elite, Realtors®
Buyer's Agent
Anthony Magana
Elite, Realtors®
List Price
$339,999
Sold Price
$365,000
Premium/Discount to List
$25,001
7.35%
Views
142
Current Estimated Value
$378,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,677
Avg. Annual Appreciation
2.78%
Original Mortgage
$265,000
Outstanding Balance
$262,169
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$115,662

Purchase Details

Listed on
Aug 19, 2015
Closed on
Sep 5, 2015
Sold by
Myers Jeremy
Bought by
Flores Fernando
Seller's Agent
Carrie Williams
Chaddick Williams Realty
Buyer's Agent
Donny Martin
Unknown Broker
List Price
$229,900
Sold Price
$226,000
Premium/Discount to List
-$3,900
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$206,644
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2009
Sold by
Summers James D and Summers Linda A
Bought by
Myers Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2003
Sold by
Summers James D and Summers Linda A
Bought by
Summers James D and Summers Linda A

Purchase Details

Closed on
Dec 19, 2002
Sold by
Riverlakes Enterprises Llc
Bought by
Summers James D and Summers Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,561
Interest Rate
5.83%
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
Madrigal Santiago Tera $320,000 Chicago Title
Flores Fernando $226,000 Chicago Title Company
Myers Jeremy $169,000 Placer Title Company
Summers James D -- Chicago Title
Summers James D $143,500 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Santiago Tera $265,000
Previous Owner Flores Fernando $206,644
Previous Owner Myers Jeremy P $157,300
Previous Owner Myers Jeremy $165,938
Previous Owner Summers James D $128,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $365,000 +7.4% $246 / Sq Ft
05/15/2024 05/15/24 For Sale $339,999 +50.4% $229 / Sq Ft
10/14/2015 10/14/15 Sold $226,000 -1.7% $152 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $229,900 -- $155 / 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 $3,836 $326,400 $97,920 $228,480
2024 $3,768 $262,286 $58,026 $204,260
2023 $3,768 $257,144 $56,889 $200,255
2022 $3,709 $252,103 $55,774 $196,329
2021 $3,592 $247,161 $54,681 $192,480
2020 $3,567 $244,628 $54,121 $190,507
2019 $3,440 $244,628 $54,121 $190,507
2018 $3,442 $235,130 $52,020 $183,110
2017 $3,362 $230,520 $51,000 $179,520
2016 $3,139 $226,000 $50,000 $176,000
2015 $2,548 $181,077 $42,857 $138,220
2014 $2,493 $177,531 $42,018 $135,513
Source: Public Records

Agents Affiliated with this Home

  • Rigo Alvarado

    Seller's Agent in 2024

    Rigo Alvarado

    Elite, Realtors®

    (661) 204-8054

    1 in this area

    117 Total Sales

    Rigo Alvarado
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Anthony Magana

    Elite, Realtors®

    (661) 489-2220

    1 in this area

    142 Total Sales

    Anthony Magana
    Section Image
  • Carrie Williams

    Seller's Agent in 2015

    Carrie Williams

    Chaddick Williams Realty

    (661) 979-1999

    1 in this area

    132 Total Sales

    Carrie Williams
    Section Image

  • D

    Buyer's Agent in 2015

    Donny Martin

    Unknown Broker

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404773

Bakersfield Association of REALTORS® / GEMLS

APN: 451-501-07-00-1

California Kern County Bakersfield 93312 Riverlakes

8315 Olive Grove Ct, Bakersfield, CA

This home is located at 8315 Olive Grove Ct, Bakersfield, CA 93312 since 15 May 2024 and is currently estimated at $378,677, approximately $255 per square foot. This property was built in 2003. 8315 Olive Grove Ct is a home located in Kern County with nearby schools including Endeavour Elementary School, Centennial High School, and Olive Knolls Christian.

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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