2537 Ollie Court, Bakersfield, CA 93314, Bakersfield, 93314 - 3 bed, 3 bath
2537 Ollie Court
Bakersfield, CA 93314
Property Price
SUMMARY
Analysis of 2537 Ollie Court, Bakersfield, CA 93314 reveals a Prime Investment Opportunity with a current list price of $819,000—significantly undercutting the $887,690 Fair Market Value by 7%. This valuation gap indicates a +$68,690 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2537 Ollie Court Subject | $819,000* List Price | 3 | 3 | 3,307 | $268 | - |
A 16706 Starview Court Sold | $850,000 | 4 | 3 | 3,018 | $282 | 0.7 mi |
B 16716 Brookview Court Sold | $899,500 | 4 | 3 | 3,085 | $292 | 0.7 mi |
C 15617 Screaming Eagle Avenue Sold | $585,000 | 4 | 3 | 2,684 | $218 | 0.5 mi |
D 15417 Lila Rose Court Active | $850,000 List Price | 5 | 5 | 3,577 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2002, has undergone extensive recent renovations, bringing its interior condition to a virtually new standard. The description explicitly states it was 'recently refreshed with new luxury vinyl wood-look flooring, baseboards, carpet in the bedrooms, light fixtures, and complete interior paint.' The kitchen features 'stunning quartz countertops and upgraded appliances,' which are visibly modern and high-quality in the images. The main bathroom has been fully updated with contemporary marble-look tile, a freestanding soaking tub, a large walk-in shower, modern vanities, and stylish lighting. The additional back unit also benefits from new flooring, paint, and light fixtures. While the property was built over 10 years ago, the comprehensive and recent interior updates, particularly in the kitchen and main bathroom, align with the 'extensively renovated within 5 years' criteria for an excellent score, making it truly turn-key.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 16553, living area = 3307.
- Updated & Turn-Key Condition
The main residence has been recently refreshed with new luxury vinyl wood-look flooring, baseboards, carpet, light fixtures, and complete interior paint, making it move-in ready.
- Versatile Back Unit
An additional back unit with wood-look flooring, fresh paint, new light fixtures, a kitchenette, and a bath offers significant flexibility for guests, rental income, or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3307, other record living area = 2300.
- Ongoing Maintenance for Extensive Outdoor Amenities
The custom pool, large grassy area, and dedicated gardening space, while attractive, will require significant ongoing time and financial investment for upkeep.
- Potential for Aging Major Systems
Built in 2002, major systems such as HVAC, roof, and water heater may be approaching the end of their typical lifespan, potentially incurring future replacement costs despite interior updates.
About 2537 Ollie Court
Welcome to this updated, custom-built home with back house located in the desirable Shilo Estates neighborhood of Northwest Bakersfield situated on an oversized cul-de-sac lot. The main residence, which has 3 bedrooms plus an office, has been recently refreshed with new luxury vinyl wood-look flooring, baseboards, carpet in the bedrooms, light fixtures, and complete interior pain. The updated kitchen features stunning quartz countertops and upgraded appliances, creating a bright and functional space perfect for everyday living and entertaining. Step outside to your private backyard retreat, complete with a fully fenced custom pool featuring cascading waterfalls, a large grassy area, designated gardening space, RV parking, and a full perimeter cylinder block wall for added privacy. The additional back unit adds flexibility and showcases wood-look flooring, fresh paint, new light fixtures, a kitchenette with bar counter, and an bath. This home is turn-key and ready for you to call home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 16,553 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Centennial Elementary School
Grades K-6 • 1.3 mi
Rosedale Middle School
Grades 7-8 • 2.1 mi
Liberty High School
Grades 9-12 • 3.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,307 | 2,514.5 | 86% |
| Lot Size | 16,553 | 11,107.5 | 71% |
| Price | $819.0K | $584.0K | 75% |
| Price per sq ft | $248 | $243 | 54% |
| Built year | 2002 | 2005 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 157 | 11% |
Pricing History
Listed for Sale
Jan 16, 2026
$819,000
Initial Listing
Sold
Dec 30, 2002
$203,000
Public Record
Sold
Jan 25, 2002
$36,000
Public Record