5005 Surrey Lane, Bakersfield, CA 93309, Bakersfield, 93309 - 3 bed, 2 bath

5005 Surrey Lane, Bakersfield, CA 93309 home-pic-0
ACTIVE$389,900$1,465/sqft
Est. Value: $389,900
%
FairlyEstimate
5005 Surrey Lane, Bakersfield, CA 93309
3Beds
2Baths
1,465Sqft
7,627Lot

Price Vs. Estimate

The estimated value ($389,900) is $0 (0%) lower than the list price ($389,900). 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 = 7627, living area = 1465.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7627, other record lot size in square feet = 7840.

Compared to the nearby listings

Price:$389.9K vs avg $350.0K (+$39,900)73%
Size:1,465 sqft vs avg 1,558 sqft38%
Price/sqft:$266 vs avg $21684%

More Insights

Built in 1971 (55 years old).
Condition: Built in 1971, this property has undergone significant and recent renovations, making it move-in ready. The kitchen is fully upgraded with modern white cabinetry, quartz countertops, and stainless steel appliances. One bathroom features modern updates, while the second is clean and functional. Key systems like the roof, AC, and pool equipment are newer, indicating good maintenance. The updated tile flooring throughout the main living areas contributes to a modern aesthetic, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1971
Close
-
List price
$390K
Original List price
-
Price/Sqft
$266
HOA
$0
Days on market
-
Sold On
-
MLS number
PI25246117
Home ConditionGood
Features
Pool
Patio
View-

About this home

Discover this stunning 3-bedroom, 2-bath home located in the heart of the neighborhood of Westhaven. Step inside to find a spacious living area featuring updated tile flooring, neutral tones, and an inviting, open layout filled with natural light. The upgraded kitchen showcases quartz countertops, modern cabinetry, stainless steel appliances, and ample counter space, seamlessly connecting to the dining area, perfect for gatherings with family and friends. Outside, unwind in your private backyard retreat complete with a sparkling saltwater pool, large lawn area, and a covered patio ideal for entertaining or relaxing weekends. Enjoy peace of mind with a newer roof, AC, and pool equipment ensuring lasting comfort and reliability. Conveniently situated near shopping, dining, and everyday amenities, this home combines modern updates, functionality, and timeless appeal, offering the perfect blend of comfort and California living!

A
Alishaan Abbas
Listing Agent

Price History

Date
Event
Price
08/03/00
Sold
$106,000
02/10/22
Sold
$330,000
01/05/18
Sold
$193,000
Condition Rating
Good

Built in 1971, this property has undergone significant and recent renovations, making it move-in ready. The kitchen is fully upgraded with modern white cabinetry, quartz countertops, and stainless steel appliances. One bathroom features modern updates, while the second is clean and functional. Key systems like the roof, AC, and pool equipment are newer, indicating good maintenance. The updated tile flooring throughout the main living areas contributes to a modern aesthetic, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
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 = 7627, living area = 1465.
Upgraded Kitchen: The kitchen has been recently upgraded with quartz countertops, modern cabinetry, stainless steel appliances, and ample counter space, offering a contemporary and functional cooking area.
Private Backyard Retreat with Pool: The property boasts a private backyard featuring a sparkling saltwater pool, a large lawn area, and a covered patio, perfect for entertaining and relaxation.
Recent Major System Updates: Buyers can enjoy peace of mind with a newer roof, AC unit, and pool equipment, reducing immediate maintenance concerns and ensuring lasting comfort.
Modern Interior Finishes: The spacious living area features updated tile flooring, neutral tones, and an open layout filled with natural light, appealing to modern aesthetic preferences.
Desirable Neighborhood Location: Situated in the heart of Westhaven, the home offers convenient access to shopping, dining, and everyday amenities, enhancing its lifestyle appeal.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7627, other record lot size in square feet = 7840.
Age of Property: Built in 1971, the property's underlying structure is over 50 years old, which may lead to potential concerns about older infrastructure not explicitly mentioned as updated.
Compact Interior Square Footage: At 1465 sqft for a 3-bedroom, 2-bathroom home, the interior space might be considered compact by some buyers seeking more expansive living areas.
Recent Price Reduction: A recent price adjustment from $399,900 to $389,900 could indicate that the property was initially overpriced or is experiencing slower market interest, potentially prompting buyers to question its value.
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