
Bakersfield, CA 93308
This High-Potential Investment Opportunity is listed at a List Price of $330,000, positioned well above the $294,019 Fair Market Value by 12%. While the property lacks immediate equity, its Fair Condition Rating and functional split-wing floor plan provide a solid foundation for value-add cosmetic updates. Featuring a spacious backyard with a large storage shed and no HOA fees, this home offers practical utility. Located near North High School, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point into the Bakersfield market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 Tanner Michael Subject 3 bd · 2 ba · 1,020 sqft · $288 | $330,000* List Price | 3 | 2 | 1,020 | $288 | - |
A 242 Tanner Michael Dr Sold 3 bd · 2 ba · 1,368 sqft · $249 · 0.2 mi | $340,000 | 3 | 2 | 1,368 | $249 | 0.2 mi |
B 431 Douglas Sold 2 bd · 1 ba · 1,102 sqft · $240 · 0.4 mi | $265,000 | 2 | 1 | 1,102 | $240 | 0.4 mi |
C 128 W Pilot Pending 3 bd · 2 ba · 1,080 sqft · $278 · 0.5 mi | $300,000 List Price | 3 | 2 | 1,080 | $278 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the Fair category. While the exterior and interior appear clean, functional, and well-maintained, the home features original finishes and lacks recent modern updates.
The floor plan is designed for maximum privacy and comfort, effectively separating the primary suite from the guest bedrooms, which is a highly sought-after feature for families.
Beyond the attached garage, the property features a large storage shed in a spacious backyard, providing significant extra utility for equipment, tools, or seasonal items.
The absence of a homeowners association allows for greater financial flexibility and freedom from restrictive community rules, enhancing the long-term affordability of the home.
With only 1,020 square feet for a three-bedroom, two-bathroom configuration, the interior living areas and bedrooms may feel undersized compared to other single-family residences.
Having spent over 80 days on the market, the property may be facing buyer hesitation, potentially due to its current price point relative to its square footage and local competition.
Located in a great, friendly neighborhood. This home offers a desirable split-wing floor plan designed for comfort and privacy. Step outside to find a spacious backyard featuring a large storage shed in addition to the attached garage, providing plenty of extra storage space. Conveniently located near schools, shopping, parks, and everyday amenities, this home has everything you've been looking for. Don't miss your chance to own this wonderful property.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,020 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $330.0K | $414.9K |
| Price per sq ft | $324 | $246 |
| Built year | 2002 | 1986 |
| HOA | $0 | $180 |
| Days on market | 110 | 65 |
Jul 6, 2026
$330,000
Initial Listing
May 16, 2022
$290,000
Public Record
Mar 31, 2010
$113,000
Public Record
Jan 31, 2007
$225,000
Public Record
May 23, 2002
$95,500
Public Record
Feb 27, 2002
$22,500
Public Record