NOT LISTED FOR SALE

5501 Red Wheat Ave Bakersfield, CA 93313

Panama Neighborhood

Estimated Value: $398,000 - $408,000

4 Beds
2 Baths
1,617 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $225,000 $139 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,452/month

52 Days on Market

About This Home

As of October 2015

Nice 4 bedroom 2 bathroom home on a good sized corner lot with open floor plan. Built in 2011.

Last Agent to Sell the Property

William Bolich

Bolich Realty, Inc. License #01823357 Listed on: 07/15/2015

Last Buyer's Agent

Alyssa Knight

Keller Williams Realty License #01371845

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 2011

Lot Details

  • 8,120 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Buena Vista Elementary School
  • Stonecreek Middle School
  • Ridgeview High School

Listing and Financial Details

  • Assessor Parcel Number 53216409

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,156

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2011
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1864
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1617.00

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: 8120.00
  • Parcel #: 53216409

MLS Schools

  • Elementary School: Buena Vista

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Oct 2, 2015
Sold by
Gonzalez Yessica A
Bought by
Gonzalez Abraham
Seller's Agent
William Bolich
Bolich Realty, Inc.
Buyer's Agent
Alyssa Knight
Keller Williams Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$402,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,300
Avg. Annual Appreciation
5.94%
Original Mortgage
$202,500
Outstanding Balance
$159,217
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$243,083

Purchase Details

Listed on
Jul 15, 2015
Closed on
Aug 20, 2015
Sold by
Cole Gary L and Cole Sophia
Bought by
Gonzalez Abraham
Seller's Agent
William Bolich
Bolich Realty, Inc.
Buyer's Agent
Alyssa Knight
Keller Williams Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$159,217
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$243,083

Purchase Details

Closed on
Jul 29, 2011
Sold by
Cole Gary L
Bought by
Cole Gary L and Cole Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,589
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2011
Sold by
Cole Sophia
Bought by
Cole Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,589
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2011
Sold by
Lennar Homes Of California Inc
Bought by
Cole Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,589
Interest Rate
4.37%
Mortgage Type
FHA
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
Gonzalez Abraham -- Stewart Title Of Ca Inc
Gonzalez Abraham $225,000 Stewart Title Of Ca Inc
Cole Gary L -- None Available
Cole Gary L -- North American Title Co Inc
Cole Gary L $174,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Abraham $202,500
Previous Owner Gonzalez Abraham $15,000
Previous Owner Cole Gary L $169,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2015 10/06/15 Sold $225,000 0.0% $139 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $225,000 -- $139 / 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 $4,156 $266,348 $59,186 $207,162
2024 $4,075 $261,126 $58,026 $203,100
2023 $4,075 $256,007 $56,889 $199,118
2022 $3,918 $250,988 $55,774 $195,214
2021 $3,787 $246,068 $54,681 $191,387
2020 $3,715 $243,546 $54,121 $189,425
2019 $3,673 $243,546 $54,121 $189,425
2018 $3,534 $234,090 $52,020 $182,070
2017 $3,472 $229,500 $51,000 $178,500
2016 $3,290 $225,000 $50,000 $175,000
2015 $1,513 $181,846 $41,803 $140,043
2014 $1,484 $178,285 $40,985 $137,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Bolich

    Bolich Realty, Inc.

    65 Total Sales

    William Bolich
    Section Image

  • A

    Buyer's Agent in 2015

    Alyssa Knight

    Keller Williams Realty

    Section Image

  • M

    Buyer Co-Listing Agent in 2015

    Moiz Lakdawala

    Keller Williams Realty

    (661) 343-9719

    1 in this area

    35 Total Sales

    Moiz Lakdawala
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21508394

Bakersfield Association of REALTORS® / GEMLS

APN: 532-164-09-00-0

California Kern County Bakersfield 93313 Panama

5501 Red Wheat Ave, Bakersfield, CA

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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