NOT LISTED FOR SALE

5506 Edge Water Ct Bakersfield, CA 93312

Riverlakes Neighborhood

Estimated Value: $460,000 - $513,000

3 Beds
2 Baths
2,220 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $355,000 $160 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,011/month

57 Days on Market

Highlights

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

About This Home

As of February 2021

Sought after Coleman home in Riverlakes. 3 Bedroom + Office, 2 baths, 2 living areas, indoor utility, breakfast area, kitchen open to living area, stainless steel appliances. Gorgeous 2 sided white stone floor to ceiling fireplace between living areas. Master bedroom is spacious with it's own sliding door to covered patio and gorgeous back yard. Double door walk in closet, double sinks, oval soaking tub and separate shower. The flooring is amazing wood look flooring that shows off the upgraded look and feel of this well kept home. Sitting on a quiet cul-de-sac, with nearby Riverlakes Golf Course. HOA has many amenities including use of lake, club house, swimming pools, spas, park area. Highly motivated sellers.

Last Agent to Sell the Property

Larry Burkey

Keller Williams Realty Kern License #01468764 Listed on: 11/27/2020

Keller Williams Realty Kern

Last Buyer's Agent

Ross Hoffmann

Premier Home Advisors Inc. License #01987828

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 8,276 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,220 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 49444033

Community Details

Overview

  • Riverlakes Ranch Association
  • 5436 Ph 3 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1998
  • Building Stories: 1
  • Solar Owned Leased: None
  • H O A Fee1 Frequency: Monthly
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 2220.00

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: 40.00
  • Association Name: Riverlakes Ranch

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 49444033

MLS Schools

  • Elementary School: Bimat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Apr 7, 2021
Sold by
Franks John and Franks Cherie
Bought by
John & Cherie Franks Revocable Trust and Franks
Seller's Agent
Larry Burkey
Keller Williams Realty Kern
Buyer's Agent
Ross Hoffmann
Premier Home Advisors Inc.
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$477,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,194
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Dec 18, 2020
Sold by
Pena Jamie Michelle and Pena Samael
Bought by
Franks John and Franks Cherie

Purchase Details

Closed on
Feb 12, 2019
Sold by
Damigos Angeline J
Bought by
Pena Jamie Michelle and Pena Samael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,550
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2013
Sold by
Damigos Angeline J and Damigos Weckerley Angeline J
Bought by
Damigos Angeline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2004
Sold by
Damigos Damigos Weckerley Angeline J Weckerley Angeline J and Damigos Weckerley Angeline
Bought by
Damigos Weckerley Angeline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2004
Sold by
Weckerley Jon Cameron
Bought by
Damigos Weckerley Angeline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2001
Sold by
Moncada Anita O and Moncada Roberto
Bought by
Damigos Weckerley Jon Cameron and Damigos Weckerley Angeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,607
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1998
Sold by
Coleman Homes Inc
Bought by
Moncada Roberto and Moncada Anita O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,252
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John & Cherie Franks Revocable Trust -- None Listed On Document
Franks John $355,000 Chicago Title
Pena Jamie Michelle $315,000 Ticor Title Company
Damigos Angeline J -- Chicago Title Company
Damigos Weckerley Angeline J -- Chicago Title
Damigos Weckerley Angeline J -- Chicago Title
Damigos Weckerley Jon Cameron $152,000 Commonwealth Land Title Co
Moncada Roberto $147,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Jamie Michelle $305,550
Previous Owner Damigos Angeline J $237,500
Previous Owner Damigos Weckerley Angeline J $248,000
Previous Owner Damigos Weckerley Angeline J $248,000
Previous Owner Damigos Weckerley Jon Cameron $142,607
Previous Owner Moncada Roberto $139,252
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $355,000 0.0% $160 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
11/27/2020 11/27/20 For Sale $355,000 -- $160 / 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 $5,891 $384,261 $81,181 $303,080
2024 $5,795 $376,728 $79,590 $297,138
2023 $5,795 $369,342 $78,030 $291,312
2022 $5,727 $362,100 $76,500 $285,600
2021 $5,240 $324,628 $61,834 $262,794
2020 $5,183 $321,300 $61,200 $260,100
2019 $3,648 $209,407 $41,323 $168,084
2018 $3,620 $201,277 $39,719 $161,558
2017 $3,619 $197,332 $38,941 $158,391
2016 $3,416 $193,464 $38,178 $155,286
2015 $3,351 $190,559 $37,605 $152,954
2014 $3,279 $186,827 $36,869 $149,958
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Larry Burkey

    Keller Williams Realty Kern

    Section Image

  • R

    Buyer's Agent in 2021

    Ross Hoffmann

    Premier Home Advisors Inc.

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202012437

Bakersfield Association of REALTORS® / GEMLS

APN: 494-440-33-00-5

California Kern County Bakersfield 93312 Riverlakes

5506 Edge Water Ct, 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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