2708 College Avenue, Bakersfield, CA 93306, Bakersfield, 93306 - 3 bed, 2 bath

2708 College Avenue, Bakersfield, CA 93306 home-pic-0
ACTIVE$370,000$2,447/sqft
Est. Value: $382,244
3%
BelowEstimate
2708 College Avenue, Bakersfield, CA 93306
3Beds
2Baths
2,447Sqft
8,431Lot

Price Vs. Estimate

The estimated value ($382,243.585) is $12,243.585 (3%) higher than the list price ($370,000). This property may be underpriced.

Key pros and cons

Top Pros:
Spacious Interior: The property offers a generous 2447 sqft of living space, providing ample room for comfortable living and potential customization.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8431, other record lot size in square feet = 8276.

Compared to the nearby listings

Price:$370.0K vs avg $316.5K (+$53,500)71%
Size:2,447 sqft vs avg 1,672 sqft90%
Price/sqft:$151 vs avg $18824%

More Insights

Built in 1956 (70 years old).
Condition: Built in 1956, this property shows its age with largely original or dated features, particularly in the kitchen. While the exterior appears maintained and solar panels are a positive update, the kitchen features older cabinet styles, a dated tiled island, and a mix of minor updates (like the backsplash and faucet) that don't fully modernize the space. The fireplace also appears original. The home is functional but requires significant aesthetic updates to meet current quality standards and address outdated components.
Year Built
1956
Close
-
List price
$370K
Original List price
-
Price/Sqft
$151
HOA
$0
Days on market
-
Sold On
-
MLS number
SB26004198
Home ConditionFair
Features
View-

About this home

Back on the market, reduced price. Large 3 bedrooms, 2 bathrooms, fireplace in living room. 2 car garage. Large lot.

N
Nat Ellena
Listing Agent

Price History

Date
Event
Price
01/19/01
Sold
$117,000
05/05/20
Sold
$280,000
03/27/14
Sold
$180,000
07/12/13
Sold
$185,000
02/08/13
Sold
$122,000
Condition Rating
Fair

Built in 1956, this property shows its age with largely original or dated features, particularly in the kitchen. While the exterior appears maintained and solar panels are a positive update, the kitchen features older cabinet styles, a dated tiled island, and a mix of minor updates (like the backsplash and faucet) that don't fully modernize the space. The fireplace also appears original. The home is functional but requires significant aesthetic updates to meet current quality standards and address outdated components.
Pros & Cons

Pros

Spacious Interior: The property offers a generous 2447 sqft of living space, providing ample room for comfortable living and potential customization.
Large Lot Size: With an 8431 sqft lot, there is significant outdoor space for landscaping, entertaining, or potential future expansion.
Desirable Amenities: Features a cozy fireplace in the living room and a practical two-car garage, enhancing comfort and utility for residents.
Recent Price Reduction: The 'reduced price' and 'back on the market' status indicate seller motivation, presenting a potential value opportunity for buyers.
Historical Value Appreciation: The property's sales history demonstrates consistent value growth over time, suggesting a potentially sound long-term investment.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8431, other record lot size in square feet = 8276.
Property Age: Built in 1956, the home may require significant updates to its core systems (e.g., electrical, plumbing, HVAC) and interior finishes to meet modern standards.
Lack of Mentioned Updates: The basic description does not highlight any recent renovations, suggesting potential for deferred maintenance or original features that may need attention.
Back on Market Status: While a price reduction is positive, being 'back on the market' can sometimes raise questions about previous transaction issues or the property's condition, warranting further due diligence.
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