NOT LISTED FOR SALE

8925 Panama Ln Bakersfield, CA 93311

Old River Neighborhood

Estimated Value: $262,000 - $536,000

0.86 Acre
$421,388 Price per Acre
37,597 Sq Ft Lot

Sale Details

Date Sold: March 6, 2015

Last sale price $150,000

Est. 142% increase in value since last sale

Current estimated payment $2,130 / mo

43 Days on Market

About This Lot

As of March 2015

Great corner lot with lots of potential. SWC of Panama Ln and Progress Rd. Property is located next to a large storage facility on a busy main road. Property has access to water and power.

Last Agent to Sell the Property

Stephen McKinzie

Unknown Broker License #01239005 Listed on: 12/23/2014

Last Buyer's Agent

Stephen McKinzie

Unknown Broker License #01239005 Listed on: 12/23/2014

Property Details

Property Type

  • Land

Lot Details

  • 37,597 Sq Ft Lot

Schools

  • Lakeside Elementary And Middle School
  • Independence High School

Listing and Financial Details

  • Assessor Parcel Number 54001010

Property Details

Property Type

Land

Lot Details

0.86 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Lot
  • Lot Size Acres: 0.8631
  • Special Features: None

Exterior Features

  • Water District: Kern Delta

Schools

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

Lot Info

  • Zoning Description: A
  • Lot Size Sq Ft: 37597.00
  • Parcel #: 54001010

MLS Schools

  • Elementary School: Lakeside

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
Dec 23, 2014
Closed on
Feb 14, 2015
Sold by
Bought by
Seller's Agent
Stephen McKinzie
Unknown Broker
Buyer's Agent
Stephen McKinzie
Unknown Broker
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$363,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,700
Avg. Annual Appreciation
8.15%
Original Mortgage
$50,000
Outstanding Balance
$38,026
Interest Rate
3.57%
Mortgage Type
Seller Take Back
Estimated Equity
$325,674

Purchase Details

Listed on
Dec 23, 2014
Closed on
Feb 5, 2015
Sold by
Bought by
Seller's Agent
Stephen McKinzie
Unknown Broker
Buyer's Agent
Stephen McKinzie
Unknown Broker
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$38,026
Interest Rate
3.57%
Mortgage Type
Seller Take Back
Estimated Equity
$325,674

Purchase Details

Closed on
Nov 5, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1995
Sold by
Bought by
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

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
-- First American Title Company
$150,000 First American Title Company
$100,000 Stewart Title
-- --
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
Open $50,000
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
03/06/2015 03/06/15 Sold $150,000 -3.2% --
02/04/2015 02/04/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $155,000 -- --
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 $1,919 $171,933 $171,933 --
2024 $1,855 $168,562 $168,562 --
2023 $1,855 $165,257 $165,257 $0
2022 $1,279 $113,250 $113,250 $0
2021 $1,274 $111,030 $111,030 $0
2020 $1,274 $164,837 $109,892 $54,945
2019 $2,223 $164,837 $109,892 $54,945
2018 $2,157 $158,438 $105,626 $52,812
2017 $2,108 $155,332 $103,555 $51,777
2016 $1,751 $152,287 $101,525 $50,762
2015 $625 $49,000 $12,000 $37,000
2014 $624 $49,000 $12,000 $37,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stephen McKinzie

    Unknown Broker

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21413135

Bakersfield Association of REALTORS® / GEMLS

APN: 540-010-10-01-8

California Kern County Bakersfield 93311 Old River

8925 Panama Ln, 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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