340 Western, Bakersfield, CA 93309, Bakersfield, 93309 - 3 bed, 1 bath
ACTIVE$305,000$1,068/sqft
Est. Value: $273,739
-10%
AboveEstimate
340 Western, Bakersfield, CA 93309
3Beds
1Bath
1,068Sqft
5,610Lot
Price Vs. Estimate
The estimated value ($273,739.405) is $31,260.595 (10%) lower than the list price ($305,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Positioned in the 'Lovely Oleander-Sunset' area in the southwest of Bakersfield, indicating a potentially sought-after and established neighborhood.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5610, other record lot size in square feet = 5662.
Compared to the nearby listings
Price:$305.0K vs avg $350.0K ($-45,000)30%
Size:1,068 sqft vs avg 1,558 sqft16%
Price/sqft:$286 vs avg $21692%
More Insights
Built in 1950 (76 years old).
Condition: Built in 1950, this property shows its age despite some partial updates. While the kitchen features modern white shaker cabinets, light countertops, and some stainless steel appliances, the bathroom is significantly dated with an older vanity and tiled countertop. The flooring throughout the main living areas is updated to a wood-look tile, which is a positive. However, a major detractor is the large, unfinished enclosed patio/sunroom area with exposed framing and concrete, which requires substantial rehabilitation or completion to be functional. The overall age of the home suggests potential for outdated major systems (plumbing, electrical, HVAC), as noted in the MLS analysis. The combination of a dated bathroom and a significant unfinished space pushes the property into the 'Poor' category, requiring substantial repairs and rehabilitation beyond minor updates.
Year Built
1950
Close
-
List price
$305K
Original List price
-
Price/Sqft
$286
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25278351
Home ConditionPoor
Features
Patio
View-
About this home
Lovely Oleander-Sunset home in the southwest featuring 3 bedrooms, 1 bath, 1068 sq ft and lot size of 5662 sq ft. As you walk in, this cozy home brings in the warmth of future potential leading into living room, dining room, and great size bedrooms. Schedule your apt today with your Fav Realtor!
D
Diana Medina
Listing Agent
Price History
Date
Event
Price
01/18/19
Sold
$115,000
03/01/10
Sold
$70,000
09/03/04
Sold
$140,000
Condition Rating
Poor
Built in 1950, this property shows its age despite some partial updates. While the kitchen features modern white shaker cabinets, light countertops, and some stainless steel appliances, the bathroom is significantly dated with an older vanity and tiled countertop. The flooring throughout the main living areas is updated to a wood-look tile, which is a positive. However, a major detractor is the large, unfinished enclosed patio/sunroom area with exposed framing and concrete, which requires substantial rehabilitation or completion to be functional. The overall age of the home suggests potential for outdated major systems (plumbing, electrical, HVAC), as noted in the MLS analysis. The combination of a dated bathroom and a significant unfinished space pushes the property into the 'Poor' category, requiring substantial repairs and rehabilitation beyond minor updates.
Pros & Cons
Pros
Desirable Location: Positioned in the 'Lovely Oleander-Sunset' area in the southwest of Bakersfield, indicating a potentially sought-after and established neighborhood.
Value-Add Potential: The description highlights 'future potential,' making it an attractive opportunity for buyers looking to personalize, renovate, and build equity.
Recent Price Adjustment: A recent price reduction from $320,000 to $305,000 makes the property more competitive and appealing to budget-conscious buyers.
Generous Lot Size: With a lot size of 5610 sq ft, there is ample outdoor space for gardening, entertaining, or potential future expansion.
Functional Layout: The home features 'great size bedrooms' and a clear separation of living and dining areas, suggesting a practical and comfortable floor plan for its size.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5610, other record lot size in square feet = 5662.
Limited Bathroom Count: The property offers only one bathroom for three bedrooms, which can be a significant inconvenience for families or multiple occupants.
Age of Construction: Built in 1950, the home is over 70 years old, implying potential for outdated systems (plumbing, electrical, HVAC) and the need for significant renovations to meet modern standards.
Modest Square Footage: At 1068 sq ft, the interior living space is relatively compact for a 3-bedroom home, which may limit its appeal to buyers seeking more expansive living areas.