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14712 Pams Way, Bakersfield, CA 93314, Bakersfield, 93314 - 5 bed, 4 bath

14712 Pams Way, Bakersfield, CA 93314 home-pic-0
ACTIVE$825,000$3,137/sqft
Est. Value: $731,667
-11%
AboveEstimate
14712 Pams Way, Bakersfield, CA 93314
5Beds
4Baths
3,137Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($731,667.255) is $93,332.745 (11%) lower than the list price ($825,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Generational Living/Income Potential: The property features dedicated mother-in-law quarters complete with a full kitchen, bathroom, living room, washer/dryer, and bedroom, offering significant flexibility for extended family or potential rental income.
Top Cons:
Significant Price Appreciation: The current list price of $825,000 represents a substantial increase from its 2015 sale price of $390,000, which may require thorough market analysis to justify its current valuation to potential buyers.

Compared to the nearby listings

Price:$825.0K vs avg $583.0K (+$242,000)83%
Size:3,137 sqft vs avg 2,898 sqft69%
Price/sqft:$263 vs avg $23279%

More Insights

Built in 2015 (11 years old).
Condition: Built in 2015, this property is only 9 years old and presents in excellent condition. The description highlights 'newer LVP flooring' and 'freshly painted' interior and exterior, indicating recent updates. The gourmet kitchen features granite counters, stainless-steel appliances, and custom cabinets, all appearing modern and well-maintained in the images. Bathrooms, including the primary suite, boast granite counters, dual vanities, and a separate shower and soaking tub, reflecting high quality and contemporary style. The overall property, including the mother-in-law quarters, shows minimal physical depreciation and meets current quality standards.
Year Built
2015
Close
-
List price
$825K
Original List price
-
Price/Sqft
$263
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-31359
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

This NW home has it all, including mother-in-law quarters which have a full-sized kitchen, bathroom w/ a shower, living room, washer/dryer and a bedroom. The backyard has amazing amenities such as a sparkling salt-water pool and spa w/ a stacked rock retaining wall, a 60' RV parking area, extra concrete hardscape and a spacious covered patio. The driveway is huge w/ additional concrete and tons of parking space. The interior and exterior of the home have been freshly painted. The main house has newer LVP flooring and an open floorplan featuring a large family room w/ a rock fireplace, separate dining room, study and a kitchen dining area. The gourmet kitchen boasts granite counters and backsplash, stainless-steel appliances, a walk-in pantry and custom cabinets. There is a relaxing primary suite which has all of the amenities you would expect, including a separate shower and soaking tub, a walk-in closet and dual vanities w/ granite counters. The home has an assumable VA loan at 2.75%.

W
Willie Gordon
Listing Agent

Price History

Date
Event
Price
04/16/15
Sold
$390,000
07/13/11
Sold
$1,877,000
Condition Rating
Excellent
Built in 2015, this property is only 9 years old and presents in excellent condition. The description highlights 'newer LVP flooring' and 'freshly painted' interior and exterior, indicating recent updates. The gourmet kitchen features granite counters, stainless-steel appliances, and custom cabinets, all appearing modern and well-maintained in the images. Bathrooms, including the primary suite, boast granite counters, dual vanities, and a separate shower and soaking tub, reflecting high quality and contemporary style. The overall property, including the mother-in-law quarters, shows minimal physical depreciation and meets current quality standards.
Pros & Cons

Pros

Multi-Generational Living/Income Potential: The property features dedicated mother-in-law quarters complete with a full kitchen, bathroom, living room, washer/dryer, and bedroom, offering significant flexibility for extended family or potential rental income.
Exceptional Outdoor Living & Recreation: The backyard boasts a sparkling salt-water pool and spa with a stacked rock retaining wall, extensive concrete hardscape, and a spacious covered patio, ideal for entertainment and relaxation.
Attractive Financing Option: A highly desirable assumable VA loan at a 2.75% interest rate presents a significant financial advantage for eligible buyers in the current market.
Extensive Parking & RV Accommodation: The property offers a huge driveway with additional concrete and a dedicated 60-foot RV parking area, providing ample space for vehicles and recreational equipment.
Modern & Upgraded Interior Finishes: The main house features newer LVP flooring, an open floorplan, a gourmet kitchen with granite counters, stainless-steel appliances, a walk-in pantry, custom cabinets, and a luxurious primary suite.

Cons

Significant Price Appreciation: The current list price of $825,000 represents a substantial increase from its 2015 sale price of $390,000, which may require thorough market analysis to justify its current valuation to potential buyers.
Ongoing Maintenance Costs: The extensive outdoor amenities, particularly the salt-water pool and spa, will incur regular maintenance expenses and require consistent upkeep.
No Mention of Energy Efficiency Upgrades: While built in 2015, the property description does not highlight specific energy-saving features such as solar panels, which could be a consideration for buyers focused on utility costs in Bakersfield's climate.
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