2050 Poplar Street, Rosamond, CA 93560, Rosamond, 93560 - 3 bed, 1 bath

2050 Poplar Street, Rosamond, CA 93560 home-pic-0
ACTIVE$360,000$1,120/sqft
Est. Value: $351,417
-2%
FairlyEstimate
2050 Poplar Street, Rosamond, CA 93560
3Beds
1Bath
1,120Sqft
11,761.2Lot

Price Vs. Estimate

The estimated value ($351,417.445) is $8,582.555 (2%) lower than the list price ($360,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1120.
Top Cons:
Advanced Age of Property: Built in 1946, the home's age may imply potential for unseen maintenance issues with original systems and could impact energy efficiency.

Compared to the nearby listings

Price:$360.0K vs avg $409.0K ($-49,000)28%
Size:1,120 sqft vs avg 1,665.5 sqft10%
Price/sqft:$321 vs avg $24390%

More Insights

Built in 1946 (80 years old).
Condition: Despite being built in 1946, this property has undergone extensive and recent renovations, bringing its condition to an excellent standard. The kitchen features modern white shaker cabinets, stainless steel appliances, and a contemporary subway tile backsplash. The bathroom boasts a stylish walk-in shower with large format tiles and a pebble floor, along with a new vanity. Throughout the home, new light-colored laminate flooring and fresh paint create a virtually new interior. The listing also notes updated windows and roof, indicating a comprehensive renovation that meets current quality standards.
Year Built
1946
Close
-
List price
$360K
Original List price
-
Price/Sqft
$321
HOA
$0
Days on market
-
Sold On
-
MLS number
25007564
Home ConditionExcellent
Features
View-

About this home

Spacious lot with home offering a functional layout and prior year's updates, including kitchen, bathroom, windows, and roof. Investors, property is located in Kern County's R-3 zone, which allows for high-density residential. All zoning and potential uses should be verified with the city and county. Convenient location near Rosamond dining, shopping, and community amenities.

T
Tanya Hernandez
Listing Agent

Price History

Date
Event
Price
10/13/23
Sold
$345,000
08/23/22
Sold
$125,000
04/14/22
Sold
$40,000
Condition Rating
Excellent

Despite being built in 1946, this property has undergone extensive and recent renovations, bringing its condition to an excellent standard. The kitchen features modern white shaker cabinets, stainless steel appliances, and a contemporary subway tile backsplash. The bathroom boasts a stylish walk-in shower with large format tiles and a pebble floor, along with a new vanity. Throughout the home, new light-colored laminate flooring and fresh paint create a virtually new interior. The listing also notes updated windows and roof, indicating a comprehensive renovation that meets current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1120.
High-Density Zoning (R-3): The property's R-3 zoning in Kern County permits high-density residential development, offering significant investment potential and future value.
Generous Lot Size: A spacious 11,761.2 sqft lot provides ample outdoor space, potential for expansion, or redevelopment opportunities.
Key System Updates: Recent updates to the kitchen, bathroom, windows, and roof enhance the home's condition and reduce immediate capital expenditure for a new owner.
Prime Location: Conveniently located near Rosamond's dining, shopping, and community amenities, ensuring easy access to essential services and local attractions.
No Homeowners Association (HOA) Fees: The absence of HOA fees contributes to lower monthly ownership costs, increasing the property's financial attractiveness.

Cons

Advanced Age of Property: Built in 1946, the home's age may imply potential for unseen maintenance issues with original systems and could impact energy efficiency.
Rapid Price Volatility: The property's recent sales history shows significant and rapid price increases, which may suggest a speculative market or potential for overvaluation without substantial, documented improvements.
Single Bathroom Configuration: A single bathroom for a three-bedroom home may be a limiting factor for larger households or modern buyer preferences, potentially necessitating future upgrades.
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