NOT LISTED FOR SALE

5422 Red Wheat Ave Bakersfield, CA 93313

Panama Neighborhood

Estimated Value: $380,718 - $442,000

4 Beds
2 Baths
1,400 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $240,000 $171 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,445/month

6 Days on Market

About This Home

As of March 2019

Beautiful home featuring open floor plan with 4 bedrooms, RV parking, and patio with cement around entire property. Ready for New Owners!

Last Agent to Sell the Property

Debra Merrick

Miramar International Calloway License #01963317 Listed on: 01/26/2019

Last Buyer's Agent

Crystal Caracas

Real Broker License #01939126

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 7,841 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 53217025

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2010
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1400.00

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

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7841.00
  • Parcel #: 53217025

MLS Schools

  • Elementary School: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2019
Closed on
Feb 13, 2019
Sold by
Martin Wright Ryan Teddy
Bought by
Rocha Guillermo Fernandez and Fernandez Eric G
Seller's Agent
Debra Merrick
Miramar International Calloway
Buyer's Agent
Crystal Caracas
Real Broker
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$399,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,930
Avg. Annual Appreciation
7.72%
Original Mortgage
$235,653
Outstanding Balance
$207,682
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$192,248

Purchase Details

Closed on
Dec 28, 2010
Sold by
Wright Megan
Bought by
Wright Ryan Teddy Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,933
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2010
Sold by
Lennar Homes Of California Inc
Bought by
Wright Ryan Teddy Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,933
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Rocha Guillermo Fernandez $240,000 First American Title
Wright Ryan Teddy Martin -- North American Title Co Inc
Wright Ryan Teddy Martin $160,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Guillermo Fernandez $235,653
Previous Owner Wright Ryan Teddy Martin $155,933
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $240,000 -2.0% $171 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
01/26/2019 01/26/19 For Sale $245,000 -- $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 $4,253 $267,718 $72,505 $195,213
2024 $4,173 $262,470 $71,084 $191,386
2023 $4,173 $257,325 $69,691 $187,634
2022 $4,014 $252,280 $68,325 $183,955
2021 $3,883 $247,335 $66,986 $180,349
2020 $3,812 $244,800 $66,300 $178,500
2019 $3,105 $187,428 $46,855 $140,573
2018 $2,995 $180,152 $45,037 $135,115
2017 $2,944 $176,620 $44,154 $132,466
2016 $2,799 $173,158 $43,289 $129,869
2015 $2,789 $170,558 $42,639 $127,919
2014 $2,740 $167,218 $41,804 $125,414
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Debra Merrick

    Miramar International Calloway

    (661) 322-7000

    1 in this area

    54 Total Sales

    Debra Merrick
    Section Image

  • C

    Buyer's Agent in 2019

    Crystal Caracas

    Real Broker

    (661) 703-6990

    1 in this area

    53 Total Sales

    Crystal Caracas
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21901022

Bakersfield Association of REALTORS® / GEMLS

APN: 532-170-25-00-1

California Kern County Bakersfield 93313 Panama

5422 Red Wheat Ave, 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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