NOT LISTED FOR SALE

7412 Chinese Mountain Way Bakersfield, CA 93313

Silver Creek Neighborhood

Estimated Value: $476,000 - $508,000

5 Beds
3 Baths
2,450 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $390,000 $159 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,027/month

Highlights

  • In Ground Pool
  • 1 Fireplace
  • 4-minute walk to Wilderness Park

About This Home

As of July 2021

If you are looking for space and room to grow, this house is just what you need. Located in the SW in the Master Series neighborhood in Silver Creek, this large 4 bedroom is needing new owners. Separate living and family room on the first floor with a bedroom downstairs, formal dining and breakfast nook area off the kitchen. Upstairs you have 3 more bedrooms with a large bonus room overlooking the front of the home. Outside you will enjoy a lovely backyard with a gated pool, 3 car garage and lush landscaping. Call for your appointment today.

Last Agent to Sell the Property

Ronda Newport

Watson Realty License #01842244 Listed on: 05/14/2021

Last Buyer's Agent

LeeAnna Alvarez

Watson Realty License #02040993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 1997

Lot Details

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

Parking

  • 3 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Pool

  • In Ground Pool

Schools

  • Suburu Elementary School
  • Lakeside Middle School
  • Independence High School

Community Details

  • 4902 #F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49822116

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,327

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1997
  • Building Stories: 2
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 3.00
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Living Area: 2450.00

Exterior Features

  • Roof: Tile
  • Disclosures: None of the Above
  • Pool Features: Inground

Garage/Parking

  • Parking Features: 3 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Independence
  • Middle Or Junior School: Lakeside

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 49822116

MLS Schools

  • Elementary School: Suburu, Donald

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 30, 2021
Sold by
Tanijan Fay
Bought by
Hernandez Alvaro Pedro
Seller's Agent
Ronda Newport
Watson Realty
Buyer's Agent
LeeAnna Alvarez
Watson Realty
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$488,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,712
Avg. Annual Appreciation
5.41%
Original Mortgage
$270,000
Outstanding Balance
$244,983
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,729

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 10, 2021
Sold by
Albadawi Feras B and Albadawi Dalya T
Bought by
Hernandez Alvaro Pedro
Seller's Agent
Ronda Newport
Watson Realty
Buyer's Agent
LeeAnna Alvarez
Watson Realty
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$244,983
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,729

Purchase Details

Closed on
Aug 4, 2014
Sold by
Albadawi Feras B
Bought by
Albadawi Feras B and Keran Dalya T

Purchase Details

Closed on
Dec 15, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Jpmorgan Chase Bank National Association
Bought by
Albadawi Feras B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2008
Sold by
Reyes Ramon H
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 12, 2006
Sold by
Reyes Maricela
Bought by
Reyes Ramon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2004
Sold by
Mckee Tim and Mckee Patricia
Bought by
Reyes Ramon H and Reyes Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1997
Sold by
Ba Properties Llc
Bought by
Mckee Tim and Mckee Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,600
Interest Rate
7.45%
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
Hernandez Alvaro Pedro -- Chicago Title
Hernandez Alvaro Pedro $390,000 Chicago Title
Albadawi Feras B -- None Available
Jpmorgan Chase Bank National Association -- Servicelink
Albadawi Feras B $182,000 Servicelink
Washington Mutual Bank $238,500 Accommodation
Reyes Ramon H -- Ticor Title Tustin Orange Co
Reyes Ramon H $305,000 Fidelity Title
Mckee Tim $163,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Alvaro Pedro $270,000
Closed Hernandez Alvaro Pedro $270,000
Previous Owner Albadawi Feras B $145,600
Previous Owner Reyes Ramon H $352,000
Previous Owner Reyes Ramon H $280,250
Previous Owner Mckee Tim $154,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $390,000 0.0% $159 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $390,000 -- $159 / 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 $5,327 $413,870 $79,590 $334,280
2024 $5,327 $405,756 $78,030 $327,726
2023 $5,211 $397,800 $76,500 $321,300
2022 $5,115 $390,000 $75,000 $315,000
2021 $3,024 $216,511 $35,684 $180,827
2020 $3,036 $214,292 $35,319 $178,973
2019 $2,854 $214,292 $35,319 $178,973
2018 $2,849 $205,973 $33,949 $172,024
2017 $2,815 $201,935 $33,284 $168,651
2016 $2,649 $197,977 $32,632 $165,345
2015 $2,621 $195,004 $32,142 $162,862
2014 $2,560 $191,185 $31,513 $159,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202105143

Bakersfield Association of REALTORS® / GEMLS

APN: 498-221-16-00-7