124 Madison Street, Bakersfield, CA 93307, Bakersfield, 93307 - 3 bed, 1 bath
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Bakersfield, CA 93307
This Bakersfield Single-Family Residence represents a stable entry into the local market with a List Price of $250,000, matching its $250,000 Fair Market Value. The property holds a Fair Condition Rating, offering fresh interior touches and tile flooring alongside a 7,703 square foot lot that provides High Available Lot Utilization and RV access potential. Situated near Sequoia Middle School, the home balances a functional 3-bedroom layout with significant outdoor expansion possibilities. This is a strategic acquisition for first-time buyers or Buy-and-Hold Investors seeking a versatile, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Madison Street Subject | $250,000* List Price | 3 | 1 | 949 | $263 | - |
A 204 E Brundage Sold | $195,000 | 3 | 1 | 978 | $199 | 0.4 mi |
B 1420 Reese Avenue Sold | $202,500 | 3 | 2 | 1,084 | $187 | 0.8 mi |
C 506 S Haley Street Active | $274,999 List Price | 3 | 2 | 1,028 | $268 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is in fair condition, showing a mix of partial updates and visible wear. While it features newer tile flooring throughout and an updated bathroom vanity, the kitchen remains dated with older cabinetry and visible ceiling stains. Several rooms show poor wall patches and peeling paint, and the exterior yard is unlandscaped, indicating a need for minor repairs and cosmetic refreshment to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7703, living area = 949.
The generous 7,703 square foot lot provides significant outdoor space for gardening or play, along with the highly desirable potential for RV access or future property expansion.
Offered at an accessible price point with fresh interior touches, this home presents a move-in-ready opportunity for first-time buyers or investors looking for a functional, updated space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7703, other record lot size in square feet = 7840.
With three bedrooms but only one bathroom, the home may present logistical challenges for larger households or families during peak morning and evening hours.
At just 949 square feet, the living space is relatively small for a three-bedroom configuration, which may result in smaller individual room sizes and limited storage options.
Charming Bakersfield home with spacious living! This home delivers the perfect blend of comfort, style, and value. Whether you're a first-time buyer, growing household, or investor, this property offers everything you need—a spacious layout, thoughtful and a prime location close to shopping, schools, and commuter routes. Step inside to an inviting floor plan filled with natural light. The generous living room provides plenty of space to relax and entertain, while the adjoining dining area opens seamlessly to the kitchen. The kitchen offers ample cabinetry, expansive counter space, and the ideal setup for those who love to cook and gather. Each bedroom is well-sized and designed for comfort, making this home functional for families, guests, or a home office setup. The bathrooms feature clean finishes and a modern feel. Throughout the home, you'll find fresh touches that make this property feel bright, warm, and ready for your personal style. Outside, the spacious backyard offers endless possibilities—create a garden, build a patio, add a play area, or design the outdoor space of your dreams. The large lot also provides ample parking and potential for RV access or expansion (buyer to verify). Located in a friendly neighborhood near parks, schools, local dining, and daily conveniences, this home is ideal for buyers seeking a turnkey property at an incredible value. This is an opportunity you don’t want to miss. Schedule your private showing today and envision your life in this charming Bakersfield home!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 949 | 1,100.5 | 32% |
| Lot Size | 7,703 | 6,708 | 79% |
| Price | $250.0K | $286.0K | 36% |
| Price per sq ft | $263 | $270 | 50% |
| Built year | 1955 | 1960 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 156 | 183 | 29% |
Nov 17, 2025
$250,000
Initial Listing
Jul 26, 2016
$93,000
Public Record
Jan 30, 1998
$38,000
Public Record