205 Suzanne Lane, Taft, CA 93268, Taft, 93268 - 4 bed, 3 bath
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Taft, CA 93268
This Value-Add Residential Asset is listed at $250,000, presenting a strategic opportunity for a full-scale modernization project. The property is priced relative to its $225,732 Fair Market Value, with the valuation supported by a functional split-wing layout and a spacious 8,184 sq. ft. lot. Currently holding a Condition Rating of 5, the 1963 structure requires significant rehabilitation to meet modern standards but offers a covered patio and block-wall fencing. Located near Taft College and local schools, this property is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 Suzanne Lane Subject | $250,000* List Price | 4 | 3 | 1,650 | $137 | - |
A 526 Washington Sold | $310,000 | 3 | 2 | 1,631 | $190 | 0.7 mi |
B 415 Kern Street Sold | $210,000 | 2 | 1 | 1,344 | $156 | 0.7 mi |
C 526 Washington Pending | $299,000 List Price | 3 | 2 | 1,631 | $183 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963, this property is in original or near-original condition and requires substantial rehabilitation. Interior images show significant wear including heavily stained and damaged carpeting, dated wood paneling, and popcorn ceilings. The kitchen is severely outdated with worn laminate countertops, aged cabinetry, and mismatched finishes. The presence of wall-mounted AC units and the listing's own description of the home as a 'project' and 'canvas' further justify a poor condition rating, as it needs major cosmetic and system updates 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 = 8184, living area = 1650.
The 1,650 sq. ft. split-wing layout provides excellent privacy and a functional flow, making it ideal for families or multi-generational living.
Situated near local schools and Taft College, this property offers high convenience and strong potential for rental demand or resale value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8184, other record lot size in square feet = 8276.
Marketed as a 'project' and an 'ideal canvas,' the home likely requires significant cosmetic or structural updates to reach its full market potential.
Built in 1963, the property may require modernization of its original systems and finishes to align with contemporary buyer expectations.
Featuring a functional split-wing floor plan and nearly 1,650 sq. ft. of living space, this 4bdrm 3bth home offers an ideal canvas to craft both comfort and value. With its versatile layout, prime location near schools, Taft College, and endless potential, this property is a rare chance to put your personal touch on a home that’s ready to shine. The spacious backyard is fully enclosed with durable block walls, creating a secure and private retreat for kids, pets, or entertaining. A covered patio extends the living space outdoors, providing the perfect spot for weekend barbecues or unwinding under the evening sky Whether you’re looking for a project to make your own or an investment eager to unlock its value, opportunity is knocking—don’t wait to answer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,650 | 1,407 | 88% |
| Lot Size | 8,184 | 7,576.5 | 50% |
| Price | $250.0K | $232.2K | 63% |
| Price per sq ft | $152 | $170 | 38% |
| Built year | 1963 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 223 | 175 | 88% |
Sep 11, 2025
$250,000
Initial Listing
Sep 30, 2005
$80,000
Public Record