2396 Brite Street, Bakersfield, CA 93304, Bakersfield, 93304 - 2 bed, 2 bath

2396 Brite Street, Bakersfield, CA 93304 home-pic-0
ACTIVE$328,888$1,644/sqft
Est. Value: $328,888
%
FairlyEstimate
2396 Brite Street, Bakersfield, CA 93304
2Beds
2Baths
1,644Sqft
10,269Lot

Price Vs. Estimate

The estimated value ($328,888) is $0 (0%) lower than the list price ($328,888). 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 = 10269, living area = 1644.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10269, other record lot size in square feet = 10454.

Compared to the nearby listings

Price:$328.9K vs avg $293.0K (+$35,888)68%
Size:1,644 sqft vs avg 1,327 sqft84%
Price/sqft:$200 vs avg $20050%

More Insights

Built in 1949 (77 years old).
Condition: The property was built in 1949, making it 75 years old. The MLS listing explicitly identifies 'Property Age' as a weakness, indicating that 'major systems (plumbing, electrical, HVAC) and aesthetics may be outdated and could require substantial investment for modernization or repairs.' The provided image only shows a mailbox and a fence, offering no insight into the interior condition, kitchen, or bathrooms. Without any evidence of recent, extensive renovations, and given the age and the stated need for substantial investment in major systems, the property is likely in a condition requiring significant repairs and rehabilitation.
Year Built
1949
Close
-
List price
$329K
Original List price
-
Price/Sqft
$200
HOA
$0
Days on market
-
Sold On
-
MLS number
CV25055303
Home ConditionPoor
Features
View-

About this home

Spacious 2 Bedroom, 2 Bathroom home. Comes with a LARGE lot, enough space to build an additional unit or an ADU! Very close to shopping, close to freeways and transportation.

A
Alexia Hassan
Listing Agent

Nearby schools

4/10
Evergreen Elementary School
Public,K-50.6mi
4/10
Frank West Elementary School
Public,K-51.3mi
5/10
Amy B. Seibert Elementary School
Public,K-61.6mi
3/10
Curran Middle School
Public,6-81.1mi
3/10
Fred L. Thompson Junior High School
Public,7-82.2mi
4/10
West High School
Public,9-121.9mi
4/10
South High School
Public,9-122.0mi

Price History

Date
Event
Price
06/10/24
Sold
$270,000
04/28/11
Sold
$60,000
09/10/08
Sold
$95,000
03/11/04
Sold
$116,500
Condition Rating
Poor

The property was built in 1949, making it 75 years old. The MLS listing explicitly identifies 'Property Age' as a weakness, indicating that 'major systems (plumbing, electrical, HVAC) and aesthetics may be outdated and could require substantial investment for modernization or repairs.' The provided image only shows a mailbox and a fence, offering no insight into the interior condition, kitchen, or bathrooms. Without any evidence of recent, extensive renovations, and given the age and the stated need for substantial investment in major systems, the property is likely in a condition requiring significant repairs and rehabilitation.
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 = 10269, living area = 1644.
ADU Potential: The property boasts a large 10,269 sqft lot, explicitly noted for its potential to build an additional unit or ADU, offering significant future value or income generation opportunities.
Convenient Location: Strategically located very close to shopping centers, major freeways, and public transportation, enhancing daily convenience and accessibility for residents.
Spacious Interior: With 1644 sqft for a 2-bedroom, 2-bathroom layout, the home offers generous living space, providing comfort and room for various activities.
Good Elementary School Access: The property is in close proximity to highly-rated elementary schools, including Evergreen Elementary (0.57 miles, rating 4) and Amy B. Seibert Elementary (1.59 miles, rating 5), appealing to families.
No Association Fees: The absence of association fees is a significant financial advantage, reducing the overall monthly cost of homeownership for buyers.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10269, other record lot size in square feet = 10454.
Property Age: Built in 1949, the home is 75 years old, suggesting that major systems (plumbing, electrical, HVAC) and aesthetics may be outdated and could require substantial investment for modernization or repairs.
Significant Price Appreciation: The current list price of $328,888 represents a substantial increase (approximately 21.8%) from its last sale price of $270,000 in June 2024, which may require strong justification in the current market.
Limited Bedroom Count: With only 2 bedrooms, the property may not cater to larger families or buyers who require additional rooms for home offices, guest accommodations, or future expansion.
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