278 Walnut, Shafter, CA 93263, Shafter, 93263 - 3 bed, 1 bath
ACTIVE$275,000$1,026/sqft
Est. Value: $231,722
-15%
AboveEstimate
278 Walnut, Shafter, CA 93263
3Beds
1Bath
1,026Sqft
7,508Lot
Price Vs. Estimate
The estimated value ($231,722.475) is $43,277.525 (15%) lower than the list price ($275,000). 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 = 7508, living area = 1026.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7508, other record lot size in square feet = 7405.
Compared to the nearby listings
Price:$275.0K vs avg $390.0K ($-115,000)31%
Size:1,026 sqft vs avg 1,758 sqft23%
Price/sqft:$268 vs avg $24285%
More Insights
Built in 1956 (70 years old).
Condition: Built in 1956, this property is significantly aged. While described as 'move-in ready,' the images reveal highly outdated kitchen and bathroom conditions with original-style wood cabinets, laminate countertops, and basic fiberglass tub/shower units. Flooring consists of dated vinyl tiles throughout. Light fixtures are basic ceiling fans. There's no indication of central AC, only ceiling fans and visible roof-mounted units, suggesting older cooling systems. The property is functional but requires substantial cosmetic updates and likely system upgrades to meet modern standards, aligning with the 'Fair' category where major components are functional but show signs of being outdated.
Year Built
1956
Close
-
List price
$275K
Original List price
-
Price/Sqft
$268
HOA
$0
Days on market
-
Sold On
-
MLS number
MC25275640
Home ConditionFair
Features
Patio
View-
About this home
Welcome to 278 Walnut Street in Shafter, CA! This move-in ready 3-bedroom, 1-bath home is a fantastic opportunity for homeowners or investors alike. Featuring ceiling fans throughout for year-round comfort, the home offers a functional layout filled with natural light. The oversized backyard provides endless potentialperfect for entertaining, outdoor living, gardening, or future expansion. Conveniently located near schools, shopping, and local amenities, this property combines charm, space, and value in a desirable Shafter neighborhood. Dont miss your chance to make this home your own!
T
Travis Azevedo
Listing Agent
Condition Rating
Fair
Built in 1956, this property is significantly aged. While described as 'move-in ready,' the images reveal highly outdated kitchen and bathroom conditions with original-style wood cabinets, laminate countertops, and basic fiberglass tub/shower units. Flooring consists of dated vinyl tiles throughout. Light fixtures are basic ceiling fans. There's no indication of central AC, only ceiling fans and visible roof-mounted units, suggesting older cooling systems. The property is functional but requires substantial cosmetic updates and likely system upgrades to meet modern standards, aligning with the 'Fair' category where major components are functional but show signs of being outdated.
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 = 7508, living area = 1026.
Move-in Ready: The property is described as 'move-in ready,' appealing to buyers seeking immediate occupancy without major renovations.
Oversized Backyard: Features an oversized backyard offering significant potential for entertaining, outdoor living, gardening, or future expansion.
Versatile Opportunity: Positioned as a 'fantastic opportunity for homeowners or investors alike,' broadening its market appeal.
Convenient Location: Strategically located near schools, shopping, and local amenities, enhancing daily convenience and desirability.
No Association Fees: The absence of association fees reduces monthly ownership costs, making it more attractive to budget-conscious buyers.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7508, other record lot size in square feet = 7405.
Single Bathroom: A 3-bedroom home with only one bathroom may be inconvenient for families or multiple occupants, potentially limiting buyer interest.
Age of Property: Built in 1956, the home's age may suggest potential for outdated systems (e.g., plumbing, electrical) or higher maintenance requirements compared to newer constructions.
Limited Climate Control: The description only highlights 'ceiling fans throughout for year-round comfort,' implying a potential lack of central air conditioning, which could be a drawback in warmer climates.