NOT LISTED FOR SALE

Estimated Value: $569,000 - $597,000

5 Beds
2 Baths
2,519 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $500,000 $198 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,919/month

29 Days on Market

Highlights

  • 1 Fireplace
  • Community Pool
  • 1-Story Property
  • Centennial High School Rated A-

About This Home

As of November 2021

Beautiful Riverlakes home on the lake with a boat dock! Over 90 feet of lakefront property to include a deck surrounded by redwoods, a citrus grove and enough room on the side for a boat or small trailer. This home makes you feel like you're on a permanent vacation. You will love this 4 bedroom, plus office and 2 bath home. This property features an open and airy floor plan with a huge formal living, separate dining room and large family room with a fireplace and windows facing the lake. The kitchen offers a breakfast bar, pantry and nook with a bay window. The Master bedroom also has lake views, a separate jetted tub plus shower and 2 walk in closets. This amazing backyard includes patio seating, a private deck, access to the lake and a boat dock. A huge lot nestled on a Cul De Sac, it is conveniently located near parks, fantastic shopping, dining, and in some of the best school districts with top rated schools. Make your appointment today!

Last Agent to Sell the Property

Jessica Chester

Miramar International Calloway License #01854588 Listed on: 09/09/2021

Last Buyer's Agent

Jessica Chester

Miramar International Calloway License #01854588 Listed on: 09/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,987

Year Built

  • Built in 1999

Lot Details

  • 9,583 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,519 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Bimat Elementary School
  • Norris Middle School
  • Centennial High School

Listing and Financial Details

  • Assessor Parcel Number 49443204

Community Details

Overview

  • Riverlakes Association
  • 5436 Ph 02 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,987

Year Built

Built in 1999

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1999
  • Building Stories: 1
  • Solar Owned Leased: None
  • H O A Fee1 Frequency: Monthly
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2200
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Living Area: 2519.00

Exterior Features

  • Roof: Tile
  • Disclosures: HOA Fees
  • Pool Features: Community

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Association/Amenities

  • Site Amenities: Lake,Cul De Sac

Condo/Co-op/Association

  • Association Fee: 65.00
  • Association Name: Riverlakes

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 9583.00
  • Parcel #: 49443204

MLS Schools

  • Elementary School: Bimat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 27, 2021
Sold by
Powelson Donald L and Powelson Mary G
Bought by
Gearhart Scott
Seller's Agent
Jessica Chester
Miramar International Calloway
Buyer's Agent
Jessica Chester
Miramar International Calloway
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Current Estimated Value
$586,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,210
Avg. Annual Appreciation
4.56%
Original Mortgage
$275,000
Outstanding Balance
$253,964
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$338,796

Purchase Details

Closed on
May 15, 2009
Sold by
Powelson Donald L and Powelson Mary G
Bought by
Powelson Donald L and Powelson Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1998
Sold by
Coleman Homes Inc
Bought by
Powelson Donald L and Powelson Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,650
Interest Rate
6.79%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gearhart Scott $500,000 Placer Title Company
Powelson Donald L -- Chicago Title Company
Powelson Donald L $196,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gearhart Scott $275,000
Closed Gearhart Scott $275,000
Previous Owner Powelson Donald L $100,000
Previous Owner Powelson Donald L $103,550
Previous Owner Powelson Donald L $156,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $500,000 -7.2% $198 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $539,000 -- $214 / 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 $7,987 $567,745 $159,181 $408,564
2024 $7,865 $556,614 $156,060 $400,554
2023 $7,865 $545,700 $153,000 $392,700
2022 $7,370 $500,000 $150,000 $350,000
2021 $4,728 $289,365 $57,923 $231,442
2020 $4,728 $286,399 $57,330 $229,069
2019 $4,474 $286,399 $57,330 $229,069
2018 $4,420 $275,279 $55,104 $220,175
2017 $4,422 $269,882 $54,024 $215,858
2016 $4,156 $264,591 $52,965 $211,626
2015 $4,075 $260,618 $52,170 $208,448
2014 $3,987 $255,514 $51,149 $204,365
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202109811

Bakersfield Association of REALTORS® / GEMLS

APN: 494-432-04-00-2