NOT LISTED FOR SALE

5516 Cherry Creek Ln Bakersfield, CA 93314

Estimated Value: $424,000 - $441,000

4 Beds
2 Baths
1,894 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $272,000 $144 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,683/month

22 Days on Market

About This Home

As of March 2019

It's PERFECT in Ashton Falls ! It is the perfect neighborhood with the perfect location in the area with the perfect price for what is fair today. Welcome to the most popular and perfect floor plan that was built by LENNAR HOMES. This plan lives well and all who own it seem to love it. It starts with the large open living room as you enter the home and then a very nice transition to a separate family room near the back side of the home. it's so well designed in that Lennar placed the kitchen in the middle of these two rooms and added a very nice island style counter top in the kitchen. You don't get a true split wing here in the floor plan yet a nice distance is between the master and the other bedrooms. The feedback we Realtors get from home owners is the distance is nice and the bedrooms seem a bit more private. This nice street is called a Lane yet it is more like a Cul De Sac and no through traffic will disturb you. A nice Cul De Sac feel awaits you here in Ashton Falls!

Last Agent to Sell the Property

Mike Saba

Watson Realty License #1131837 Listed on: 02/24/2019

Last Buyer's Agent

Robert Dobbs

661 Realty License #01520841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,125

Year Built

  • Built in 2007

Lot Details

  • 6,534 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Patriot Elementary School
  • Freedom Middle School
  • Frontier High School

Community Details

  • Ashton Falls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52923428

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,125

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1500
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1894.00

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: Frontier
  • Middle Or Junior School: Freedom

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 6534.00
  • Parcel #: 52923428

MLS Schools

  • Elementary School: Patriot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2019
Closed on
Mar 5, 2019
Sold by
Odonnell Chris and Odonnell Andrea
Bought by
Heinz Tyler W
Seller's Agent
Mike Saba
Watson Realty
Buyer's Agent
Robert Dobbs
661 Realty
List Price
$270,000
Sold Price
$272,000
Premium/Discount to List
$2,000
0.74%
Current Estimated Value
$430,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,975
Avg. Annual Appreciation
7.21%
Original Mortgage
$267,073
Outstanding Balance
$232,512
Interest Rate
3.93%
Mortgage Type
FHA
Estimated Equity
$198,463

Purchase Details

Listed on
Apr 2, 2013
Closed on
Apr 12, 2013
Sold by
Pursley Travis R and Pursley Lacey P
Bought by
Odonnell Chris and Odonnell Andrea
Seller's Agent
Cecilia Clark
Emerge Real Estate
Buyer's Agent
Jon Busby
Team Busby Real Estate
List Price
$229,000
Sold Price
$232,000
Premium/Discount to List
$3,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$184,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2011
Sold by
Bako Res Fund I Llc
Bought by
Pursley Travis R and Pursley Lacey P

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
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2011
Sold by
Baggs Bobby A and Baggs Spiridiona
Bought by
Bako Res Fud I Llc

Purchase Details

Closed on
Jul 24, 2007
Sold by
Lennar Homes Of California Inc
Bought by
Baggs Bobby A and Baggs Spiridiona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,700
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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
Heinz Tyler W $272,000 Ticor Title Company
Odonnell Chris $232,000 Chicago Title Company
Pursley Travis R $174,000 Chicago Title Company
Bako Res Fud I Llc $145,100 None Available
Baggs Bobby A $287,500 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinz Tyler W $267,073
Previous Owner Odonnell Chris $184,000
Previous Owner Pursley Travis R $169,589
Previous Owner Baggs Bobby A $229,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2019 03/19/19 Sold $272,000 +0.7% $144 / Sq Ft
02/24/2019 02/24/19 For Sale $270,000 +16.4% $143 / Sq Ft
05/07/2013 05/07/13 Sold $232,000 +1.3% $122 / Sq Ft View Prior Sale
04/07/2013 04/07/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $229,000 -- $121 / 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 $5,125 $303,415 $83,661 $219,754
2024 $5,010 $297,467 $82,021 $215,446
2023 $5,010 $291,635 $80,413 $211,222
2022 $4,927 $285,918 $78,837 $207,081
2021 $4,792 $280,313 $77,292 $203,021
2020 $4,728 $277,440 $76,500 $200,940
2019 $4,555 $261,221 $67,556 $193,665
2018 $4,461 $251,080 $64,934 $186,146
2017 $4,404 $246,158 $63,661 $182,497
2016 $4,196 $241,332 $62,413 $178,919
2015 $4,152 $237,708 $61,476 $176,232
2014 $4,098 $233,052 $60,272 $172,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21902208

Bakersfield Association of REALTORS® / GEMLS

APN: 529-234-28-00-1