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2701 Berkeley, Bakersfield, CA 93305, Bakersfield, 93305 - 3 bed, 2 bath

2701 Berkeley, Bakersfield, CA 93305 home-pic-0
ACTIVE$340,000$1,761/sqft
Est. Value: $340,000
%
FairlyEstimate
2701 Berkeley, Bakersfield, CA 93305
3Beds
2Baths
1,761Sqft
7,142Lot

Price Vs. Estimate

The estimated value ($340,000) is $0 (0%) lower than the list price ($340,000). 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 = 7142, living area = 1761.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7142, other record lot size in square feet = 6969.

Compared to the nearby listings

Price:$340.0K vs avg $275.0K (+$65,000)72%
Size:1,761 sqft vs avg 1,196 sqft92%
Price/sqft:$193 vs avg $23944%

More Insights

Built in 1953 (73 years old).
Condition: The property, built in 1953, is described as 'move-in ready' with 'recently installed AC units,' which is a significant system upgrade. The bathrooms appear updated with modern vanities and tiled showers. While the kitchen features traditional wood cabinets, dated tile countertops, and white appliances, it is clean and functional. The living areas boast well-maintained hardwood floors. Overall, the home is in good, functional condition, requiring no immediate renovations, aligning with the 'Good' criteria for being move-in ready with well-maintained systems and some updated components, despite not having undergone a full, high-end recent renovation.
Year Built
1953
Close
-
List price
$340K
Original List price
-
Price/Sqft
$193
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25256102
Home ConditionGood
Features
Good View:
Patio
View-

About this home

Step into this sophisticated, modern living, with clean lines and move-in-ready home in the College Heights neighborhood in Bakersfield, CA! This 3-bedroom, 2-bathroom home offers 1,761 sq. ft. of living space on a corner lot, providing plenty of space both inside and out. Step inside to find a spacious great room featuring plenty of natural light. The beautifully classy kitchen boasts plenty of cabinets and a spacious countertop and offers a perfect layout that connects with the interior and offers an easy entrance for family and guests. The indoor patio/workshop offers a wood stove to keep you cozy while enjoying a rainy day or working on your favorite hobby, while the in-law/guest room has its own private entrance to the street and patio for added privacy. The recently installed AC units keep the home comfortable year-round. Outside, the professionally landscaped backyard brings a peaceful, serene ambiance to simply relax or enjoy a family gathering, plenty of fruit and shade trees, rosemary and flowers. The bushed is perfectly designed for low-water maintain use and provides ample space for RV parking, or outdoor entertaining. Located within walking distance to schools, Bakersfield college, shopping centers, and restaurants, this property offers a great opportunity to a new family to call it their home or an investor!

M
Marta Calderon
Listing Agent

Price History

Date
Event
Price
07/14/11
Sold
$50,000
11/02/05
Sold
$185,000
Condition Rating
Good
The property, built in 1953, is described as 'move-in ready' with 'recently installed AC units,' which is a significant system upgrade. The bathrooms appear updated with modern vanities and tiled showers. While the kitchen features traditional wood cabinets, dated tile countertops, and white appliances, it is clean and functional. The living areas boast well-maintained hardwood floors. Overall, the home is in good, functional condition, requiring no immediate renovations, aligning with the 'Good' criteria for being move-in ready with well-maintained systems and some updated components, despite not having undergone a full, high-end recent renovation.
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 = 7142, living area = 1761.
Modern & Move-in Ready Condition: The home is described as sophisticated, modern living with clean lines and is move-in-ready, minimizing immediate renovation needs for a new owner.
Prime Location & Walkability: Located in the desirable College Heights neighborhood, offering excellent walkability to schools, Bakersfield College, shopping centers, and restaurants.
Versatile Bonus Spaces: Includes an indoor patio/workshop with a wood stove and a private in-law/guest room with its own entrance, providing flexible living arrangements or income potential.
Updated Kitchen & Natural Light: Features a beautifully classy kitchen with ample cabinets and countertop space, alongside a spacious great room that benefits from plenty of natural light.
Recent HVAC Upgrade: Equipped with recently installed AC units, ensuring comfortable temperatures year-round, a significant advantage in Bakersfield's climate.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7142, other record lot size in square feet = 6969.
Age of Property: Built in 1953, while updated, the property's age may still imply potential for unseen infrastructure issues or require ongoing maintenance typical of older homes.
Lack of Dedicated Garage: Although RV parking is available, the description does not explicitly mention a traditional enclosed garage, which some buyers may prefer for secure parking or storage.
Recent Price Reduction: The listing has seen a recent price drop from $350,000 to $340,000, which could indicate initial overpricing or market resistance, potentially affecting perceived value.
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