
Bakersfield, CA 93304
This Value-Add Residential Asset represents a Strong Value Opportunity, listed at a List Price of $304,999, which aligns with the $304,999 Fair Market Value. While the property is priced at market, its Condition Rating of 4 and vintage 1951 infrastructure provide a clear path for forced appreciation through cosmetic updates. The 7,623 sq. ft. lot and covered patio offer significant utility, while the flexible floor plan enhances livability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level home with renovation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3160 Terrel Court Subject | $304,999* List Price | 3 | 2 | 1,279 | $238 | - |
A 1807 Shamrock Active | $249,999 List Price | 3 | 1 | 1,066 | $235 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this home is well-maintained and functional but shows significant signs of being outdated. While the property is move-in ready and 'charming,' the kitchen and bathrooms retain older styles and fixtures that have not undergone a recent comprehensive renovation. The infrastructure is vintage, and the property requires cosmetic updates to meet modern aesthetic standards.
The property features a generous 7,623 sq. ft. lot with a covered patio, providing ample room for outdoor entertaining and significant potential for landscaping or future additions.
The floor plan includes a flexible separate room that can serve as a formal dining area or a second living room, maximizing the functional utility of the 1,279 sq. ft. living space.
With a recent price reduction to $304,999, this property offers an accessible entry point for first-time buyers or investors looking for value in an established neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7623, other record lot size in square feet = 7840. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1279, other record living area = 1052.
Built in 1951, the home may require updates to major systems or cosmetic renovations to meet modern efficiency standards and contemporary aesthetic preferences.
The assigned middle school carries a lower rating of 3, which may be a consideration for families prioritizing high-performance educational districts.
Located in a desirable Bakersfield neighborhood, this charming 3-bedroom, 2-bath home offers comfort and versatility. A separate room provides the perfect space for a dining area or second living room. Step outside to a covered patio ready for summer gatherings and a spacious backyard with endless possibilities. Don't miss outcall your favorite Realtor today!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,279 | 1,343.5 | 50% |
| Lot Size | 7,623 | 8,167.5 | 50% |
| Price | $305.0K | $295.0K | 50% |
| Price per sq ft | $238 | $220 | 50% |
| Built year | 1951 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 145 | 150 | 50% |
Feb 24, 2026
$304,999
$315,000
-3% Price Drop
Initial Listing
Jan 20, 2026
$315,000
Initial Listing
Mar 24, 2009
$60,000
Public Record
Jul 14, 2006
$235,000
Public Record
Jul 30, 2004
$135,500
Public Record
May 9, 2003
$107,500
Public Record