2813 Summit Circle, Bakersfield, CA 93306, Bakersfield, 93306 - 3 bed, 2 bath
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2813 Summit Circle
Bakersfield, CA 93306
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,404Sq Ft
87,120Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$311,732
19% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $250,000—positioned well below the $311,733 Fair Market Value by 19%. This valuation gap provides $61,733 in Instant Equity. Featuring Owned Solar, a sparkling swimming pool, and private patios, the home maintains a Condition Rating of 3. Its proximity to Bakersfield College and the Panorama Bluffs ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready, energy-efficient residence.
Estimated Market Value
$311,732+$61,732 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite being built in 1960, the property is well-maintained and move-in ready. It features significant value-add updates including owned solar and newer LVP and tile flooring. While the kitchen and bathrooms are dated with older appliances and laminate countertops, they are functional and clean, fitting the criteria for a well-maintained home with mid-range renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Owned Solar System
The property features an owned solar system, providing significant long-term energy savings and enhancing the home's overall value in the Bakersfield climate.
- Prime Location
Situated in the desirable North College Crest neighborhood near Bakersfield College and Panorama Bluffs, the home offers excellent proximity to education and outdoor recreation.
- Turnkey Condition
With updated flooring, a bright modern kitchen, and a gas fireplace, this move-in-ready condo offers a blend of timeless character and contemporary comfort.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =87120, other record lot size in square feet = 129373.
- Aging Infrastructure
Built in 1960, the property may require ongoing maintenance or future updates to older mechanical and structural systems typical of mid-century constructions.
- Monthly HOA Fees
The $350 monthly association fee represents a significant recurring expense that buyers must factor into their total monthly housing budget.
About 2813 Summit Circle
Discover the perfect blend of comfort, style, and energy efficiency in this beautifully maintained single-story condo with OWNED SOLAR. Nestled in North College Crest neighborhood near Bakersfield College and the Panorama Bluffs, this move-in-ready home offers convenience, comfort, and exceptional value. Inside, you'll find 3 bedrooms, 2 bathrooms, updated flooring, and a bright kitchen with classic white cabinetry. Thoughtfully maintained with tasteful updates, the home blends timeless character with everyday comfort. The inviting living room features a cozy gas fireplace, creating a warm and welcoming space to relax or entertain. Enjoy two private patios, including one just off the primary bedroom, plus a covered carport with extra storage and rear access. Community amenities include a sparkling swimming pool. Offering low-maintenance living in a sought-after location, this charming home is ready for its next owner!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1960
- Lot Size
- 87,120 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,404 | 1,983 |
| Lot Size | 87,120 | 5,227 |
| Price | $250.0K | $365.8K |
| Price per sq ft | $178 | $193 |
| Built year | 1960 | 1999 |
| HOA | $350 | $342 |
| Days on market | 30 | 159 |
Pricing History
Listed for Sale
Aug 10, 2026
$250,000
Initial Listing
Sold
Nov 18, 2016
$115,000
Public Record
Sold
Dec 7, 2011
$75,000
Public Record
Sold
Oct 24, 2006
$215,000
Public Record