NOT LISTED FOR SALE

5501 Winter Wheat Ave Bakersfield, CA 93313

Panama Neighborhood

Estimated Value: $423,000 - $453,000

4 Beds
3 Baths
1,904 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $265,000 $139 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,817/month

8 Days on Market

About This Home

As of August 2017

This Awesome Home has over 1900 sq ft. 4 Bedrooms, Large Hallway, Granite Counter Tops. 2.75 Baths, one Bathroom is Jack & Jill. Front & Backyard Fully Landscaped, Mini Blinds, Matching Stainless Steel GE Hot Point Appliances!The Fridge Stays! Make Sure to watch the Virtual Tour!

Last Agent to Sell the Property

Brian Ostrovski

eXp Realty of California Inc License #01823602 Listed on: 07/23/2017

eXp Realty of California Inc

Last Buyer's Agent

Jennifer Martinez

Unknown Broker License #02010227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,559

Year Built

  • Built in 2012

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

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

Community Details

  • Weston Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53217009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,559

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2012
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1700
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.75
  • Total Bedrooms: 4
  • Living Area: 1904.00

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: Ridgeview
  • Middle Or Junior School: Stonecreek

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 53217009

MLS Schools

  • Elementary School: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Morales Oscar C and Morales Beatriz Cortez
Bought by
Morales Oscar C and Morales Beatriz Cortez
Current Estimated Value
$444,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,300
Outstanding Balance
$225,655
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$222,019

Purchase Details

Listed on
Jul 23, 2017
Closed on
Aug 1, 2017
Sold by
Lemmons Kevin Dale
Bought by
Morales Oscar C and Cortez Jessica B
Seller's Agent
Brian Ostrovski
eXp Realty of California Inc
Buyer's Agent
Jennifer Martinez
Unknown Broker
List Price
$264,988
Sold Price
$265,000
Premium/Discount to List
$12
0.005%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$260,200
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 1, 2012
Sold by
Lennar Homes Of California Inc
Bought by
Lemmons Kevin Dale
Seller's Agent
Tammy Watson
Watson Realty
Buyer's Agent
Heidi Gray
Miramar International-Riverwal
List Price
$217,000
Sold Price
$208,000
Premium/Discount to List
-$9,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$202,727
Interest Rate
3.75%
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
Morales Oscar C -- Placer Title Company
Morales Oscar C $265,000 Chicago Title Company
Lemmons Kevin Dale $208,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Oscar C $252,300
Closed Morales Oscar C $260,200
Previous Owner Lemmons Kevin Dale $26,196
Previous Owner Lemmons Kevin Dale $202,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $265,000 0.0% $139 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/23/2017 07/23/17 For Sale $264,988 +27.4% $139 / Sq Ft
02/28/2012 02/28/12 Sold $208,000 -4.1% $109 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $217,000 -- $114 / 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 $4,559 $301,519 $68,267 $233,252
2024 $4,473 $295,608 $66,929 $228,679
2023 $4,473 $289,813 $65,617 $224,196
2022 $4,301 $284,131 $64,331 $219,800
2021 $4,167 $278,561 $63,070 $215,491
2020 $4,092 $275,706 $62,424 $213,282
2019 $4,046 $275,706 $62,424 $213,282
2018 $3,890 $265,000 $60,000 $205,000
2017 $3,422 $225,106 $43,288 $181,818
2016 $3,243 $220,693 $42,440 $178,253
2015 $3,231 $217,379 $41,803 $175,576
2014 $3,170 $213,122 $40,985 $172,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21708489

Bakersfield Association of REALTORS® / GEMLS

APN: 532-170-09-00-5