NOT LISTED FOR SALE

5125 Prairie Wheat Ave Bakersfield, CA 93313

Panama Neighborhood

Estimated Value: $492,000 - $518,291

5 Beds
3 Baths
2,972 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $368,000 $124 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,281/month

17 Days on Market

About This Home

As of August 2020

Just like new! New quartz countertops, new appliances, new carpet, paint and tile in this 5 bedroom/3 bath home in the southwest. Just steps away from Weston Park, 3 blocks from Panama Elementary School/Ridgeview High School and 2 miles from 99 for your trip to southern California.

Last Agent to Sell the Property

Raju Jassar

Real Estate Professionals License #01186633 Listed on: 06/27/2020

Last Buyer's Agent

Hero Singh

Hero Real Estate, Inc. License #01402980

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,750

Year Built

  • Built in 2006

Lot Details

  • 7,200 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,972 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Panama Elementary School
  • Stonecreek Middle School
  • Ridgeview High School

Community Details

  • Weston Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53212307

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,750

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Building Stories: 2
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1653
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 3.00
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Living Area: 2972.00

Exterior Features

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

Garage/Parking

  • Parking Features: 3 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Stonecreek

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 7200.00
  • Parcel #: 53212307

MLS Schools

  • Elementary School: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Jul 13, 2020
Sold by
Jashleen Llc
Bought by
Lally Jaskarn S and Lally Karmjit K
Seller's Agent
Raju Jassar
Real Estate Professionals
Buyer's Agent
Hero Singh
Hero Real Estate, Inc.
List Price
$384,990
Sold Price
$368,000
Premium/Discount to List
-$16,990
-4.41%
Current Estimated Value
$514,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,297
Avg. Annual Appreciation
6.75%
Original Mortgage
$349,600
Outstanding Balance
$310,817
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$199,764

Purchase Details

Closed on
Jan 22, 2020
Sold by
Navejas Martin and Navejas Leticia
Bought by
Jashleen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,240
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2008
Sold by
Us Bank National Association
Bought by
Navejas Martin and Navejas Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,704
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 2008
Sold by
Castro Elias A and Solis Rina E
Bought by
Us Bank Na and Structured Asset Securities Corp Structu

Purchase Details

Closed on
Sep 4, 2006
Sold by
Lennar Homes Of California Inc
Bought by
Castro Elias A and Solis Rina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage
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
Lally Jaskarn S $368,000 Calatlantic Title Inc
Jashleen Llc $272,000 Placer Title
Navejas Martin $253,000 Ticor Title Company
Us Bank Na $244,475 Fidelity National
Castro Elias A $405,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lally Jaskarn S $349,600
Previous Owner Jashleen Llc $292,240
Previous Owner Navejas Martin $15,071
Previous Owner Navejas Martin $253,449
Previous Owner Navejas Martin $249,704
Previous Owner Castro Elias A $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $368,000 -4.4% $124 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $384,990 -- $130 / 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 $5,750 $398,333 $64,945 $333,388
2024 $5,650 $390,523 $63,672 $326,851
2023 $5,650 $382,867 $62,424 $320,443
2022 $5,435 $375,360 $61,200 $314,160
2021 $5,294 $368,000 $60,000 $308,000
2020 $4,353 $297,895 $76,532 $221,363
2019 $4,303 $297,895 $76,532 $221,363
2018 $4,135 $286,329 $73,561 $212,768
2017 $4,062 $280,716 $72,119 $208,597
2016 $3,840 $275,212 $70,705 $204,507
2015 $3,826 $271,079 $69,643 $201,436
2014 $3,751 $265,770 $68,279 $197,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202006308

Bakersfield Association of REALTORS® / GEMLS

APN: 532-123-07-00-5