308 Acacia, Bakersfield, CA 93305, Bakersfield, 93305 - 4 bed, 2 bath

308 Acacia, Bakersfield, CA 93305 home-pic-0
ACTIVE$419,999$2,059/sqft
Est. Value: $417,265
%
FairlyEstimate
308 Acacia, Bakersfield, CA 93305
4Beds
2Baths
2,059Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($417,264.565) is $2,734.435 (0%) lower than the list price ($419,999). 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 = 8276, living area = 2059.
Top Cons:
Significant Price Depreciation: The property sold for $475,000 in June 2023 and is now listed at $419,999, indicating a substantial value decrease of over $55,000 in a short period.

Compared to the nearby listings

Price:$420.0K vs avg $275.0K (+$144,999)92%
Size:2,059 sqft vs avg 1,196 sqft92%
Price/sqft:$204 vs avg $23944%

More Insights

Built in 2023 (3 years old).
Condition: This property was built in 2023, making it only 2 years old. The images confirm a virtually new condition with a modern kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are also new with contemporary finishes, and the flooring (wood-look tile and carpet) is in excellent condition. All components meet current quality standards with no signs of wear or deferred maintenance.
Year Built
2023
Close
-
List price
$420K
Original List price
-
Price/Sqft
$204
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25248328
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to your dream home! Take a look at this beautifully designed, nearly new house offers the perfect blend of modern comfort, energy efficiency, and timeless style. Built just 2 year ago, every detail has been carefully crafted for today's lifestyle. featuring 4 bedrooms , 2 Bathrooms ,4 Car Garage , block fence around the property House is located walking distance from the Panorama Bluffs, Garces High School , OLHP. Call your favorite Realtor.

R
Roger Magana
Listing Agent

Nearby schools

2/10
Myra A. Noble Elementary School
Public,K-50.7mi
2/10
Longfellow Elementary School
Public,K-61.2mi
2/10
Washington Middle School
Public,6-80.8mi
3/10
East Bakersfield High School
Public,9-122.3mi
6/10
Highland High School
Public,9-123.5mi

Price History

Date
Event
Price
06/01/23
Sold
$475,000
Condition Rating
Excellent

This property was built in 2023, making it only 2 years old. The images confirm a virtually new condition with a modern kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are also new with contemporary finishes, and the flooring (wood-look tile and carpet) is in excellent condition. All components meet current quality standards with no signs of wear or deferred maintenance.
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 = 8276, living area = 2059.
Nearly New Construction: Built in 2023, this property offers modern standards, contemporary design, and significantly reduced immediate maintenance concerns.
Energy Efficient Design: The home is explicitly designed for energy efficiency, appealing to buyers seeking lower utility costs and environmental benefits.
Expansive 4-Car Garage: A substantial 4-car garage provides ample space for multiple vehicles, storage, or potential workshop use, adding significant practical value.
Prime Walkable Location: Conveniently located within walking distance to Panorama Bluffs, Garces High School, and OLHP, offering desirable recreational and educational access.
Enhanced Privacy & Security: The property features a block fence around its perimeter, contributing to increased privacy and security for residents.

Cons

Significant Price Depreciation: The property sold for $475,000 in June 2023 and is now listed at $419,999, indicating a substantial value decrease of over $55,000 in a short period.
Subpar Public School Ratings: Several nearby public elementary and middle schools (e.g., Washington Middle, Longfellow Elementary, Myra A. Noble Elementary) have low performance ratings (rated 2), which may be a deterrent for families.
Unspecified Cooling System: Despite being a new build in Bakersfield's hot climate, the listing does not explicitly mention the presence or type of a cooling system, which could be a concern for buyer comfort.
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