NOT LISTED FOR SALE

5509 Red Wheat Ave Bakersfield, CA 93313

Panama Neighborhood

Estimated Value: $386,000 - $402,000

3 Beds
2 Baths
1,483 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2021

Last sale price $307,000 $207 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,563 / mo

20 Days on Market

About This Home

As of July 2021

You will fall in love when you lay your eyes upon this beautiful home located in the Weston community of Southwest Bakersfield. Close to gorgeous parks and award-winning schools, this popular Lennar floor plan features 3 bedrooms, 2 bathrooms, and almost 1500 square feet of living space. A welcoming open space, perfect for entertaining, leads into the clean kitchen highlighted by all stainless steel appliances. The master suite is spacious with an adjacent master bathroom. The backyard is exceptionally large showcasing a nice patio and plenty of green grass to enjoy with your friends and family. All of this and more can be yours, so schedule your appointment today before this home is gone!

Last Agent to Sell the Property

Charles Peyton

Watson Realty License #02068874 Listed on: 05/22/2021

Last Buyer's Agent

Jesus Mora

The Mora Partners Inc. License #02012300

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,483 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Community Details

  • 6290 Un 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53216410

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 2011
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 1483.00

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 #: 53216410

MLS Schools

  • Elementary School: Panama

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 3, 2021
Sold by
Bought by
Seller's Agent
Charles Peyton
Watson Realty
Buyer's Agent
Jesus Mora
The Mora Partners Inc.
List Price
$305,000
Sold Price
$307,000
Premium/Discount to List
$2,000
0.66%
Current Estimated Value
$392,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,085
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
May 27, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
0.033%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,614
Interest Rate
0.0425%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$307,000 Chicago Title Company
-- Placer Title Company
$173,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $203,500
Previous Owner $168,614
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $307,000 +0.7% $207 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $305,000 -- $206 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,918 $325,789 $63,672 $262,117
2024 $4,830 $319,402 $62,424 $256,978
2023 $4,830 $313,140 $61,200 $251,940
2022 $4,646 $307,000 $60,000 $247,000
2021 $3,386 $204,757 $47,340 $157,417
2020 $3,317 $202,658 $46,855 $155,803
2019 $3,282 $202,658 $46,855 $155,803
2018 $3,163 $194,791 $45,037 $149,754
2017 $3,110 $190,972 $44,154 $146,818
2016 $2,954 $187,229 $43,289 $143,940
2015 $2,943 $184,417 $42,639 $141,778
2014 $2,890 $180,805 $41,804 $139,001
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Charles Peyton

    Watson Realty

    22 Total Sales

    Charles Peyton
    Section Image

  • J

    Buyer's Agent in 2021

    Jesus Mora

    The Mora Partners Inc.

    (661) 463-8659

    1 in this area

    66 Total Sales

    Jesus Mora
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202105501

Bakersfield Association of REALTORS® / GEMLS

APN: 532-164-10-00-2

California Kern County Bakersfield 93313 Panama

5509 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. 2026.

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