506 S Haley Street, Bakersfield, CA 93307, Bakersfield, 93307 - 3 bed, 2 bath
ACTIVE$274,999$1,028/sqft
Est. Value: $230,021
-16%
AboveEstimate
506 S Haley Street, Bakersfield, CA 93307
3Beds
2Baths
1,028Sqft
7,536Lot
Price Vs. Estimate
The estimated value ($230,021.385) is $44,977.615 (16%) lower than the list price ($274,999). 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 = 7536, living area = 1028.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7536, other record lot size in square feet = 7405.
Compared to the nearby listings
Price:$275.0K vs avg $331.0K ($-56,001)22%
Size:1,028 sqft vs avg 1,240 sqft11%
Price/sqft:$268 vs avg $25856%
More Insights
Built in 1981 (45 years old).
Condition: Built in 1981, this property is over 40 years old. The images reveal an outdated kitchen with older light wood cabinets, laminate countertops, white appliances, and a fluorescent light fixture, suggesting no major renovations in the last 30+ years. The exterior shows wear with cracked concrete and dated features. While the tile flooring is practical, the overall aesthetic and systems are likely original or from an older renovation, aligning with the 'Fair' category's description of an aged home maintained through regular upkeep but showing signs of being outdated and requiring minor updates or repairs. The MLS description's mention of 'charm and potential' and the property analysis highlighting 'aging property systems' and 'potential for further updates' further support this assessment.
Year Built
1981
Close
-
List price
$275K
Original List price
-
Price/Sqft
$268
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25148497
Home ConditionFair
Features
View-
About this home
Looking for a home with charm and potential? Southeast Bakersfield Home futures 3 bed, 1.75 bath, tile flooring throughout, a spacious kitchen with plenty of cabinets, and a 2-car garage. Bonus: Zoned R2 per County Assessor.Whether you're a savvy investor or a first time home buyer, this one is worth a look!
R
Roger Magana
Listing Agent
Nearby schools
4/10
Bessie E. Owens Primary School
Public,•K-3•0.5mi
3/10
Fremont Elementary School
Public,•K-6•0.8mi
2/10
Compton Junior High School
Public,•7-8•2.6mi
4/10
Chipman Junior High School
Public,•7-8•3.7mi
3/10
Mira Monte High School
Public,•9-12•3.4mi
Price History
Date
Event
Price
11/25/25
Sold
$265,000
04/22/22
Sold
$242,000
06/13/16
Sold
$68,000
05/17/16
Sold
$40,000
Condition Rating
Fair
Built in 1981, this property is over 40 years old. The images reveal an outdated kitchen with older light wood cabinets, laminate countertops, white appliances, and a fluorescent light fixture, suggesting no major renovations in the last 30+ years. The exterior shows wear with cracked concrete and dated features. While the tile flooring is practical, the overall aesthetic and systems are likely original or from an older renovation, aligning with the 'Fair' category's description of an aged home maintained through regular upkeep but showing signs of being outdated and requiring minor updates or repairs. The MLS description's mention of 'charm and potential' and the property analysis highlighting 'aging property systems' and 'potential for further updates' further support this assessment.
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 = 7536, living area = 1028.
R2 Zoning: The property's R2 zoning offers significant potential for investors, allowing for possible multi-unit development or increased rental income opportunities.
Affordable Price Point: Listed at $274,999, this home presents an attractive and accessible entry point for first-time homebuyers and investors in the Bakersfield market.
Desirable Interior Features: The home boasts practical and appealing features such as tile flooring throughout, a spacious kitchen with ample cabinets, and a convenient 2-car garage.
Generous Lot Size: A substantial 7,536 sqft lot provides ample outdoor space for landscaping, potential expansion, or recreational activities.
Proximity to Highly-Rated Elementary School: Located less than half a mile from Bessie E. Owens Primary School, which holds a rating of 4, making it appealing for families with young children.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7536, other record lot size in square feet = 7405.
Recently Sold Property: The property was recently sold within the past year on 2025-11-25. The sold price is $265,000.00.
Compact Living Space: With 1,028 sqft, the interior living space is relatively small for a 3-bedroom home, which may limit its appeal to larger families or those desiring more expansive areas.
Aging Property Systems: Built in 1981, the property is over 40 years old, suggesting that major systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their functional lifespan, potentially requiring future capital expenditures.
Potential for Further Updates: The description's use of 'charm and potential' often indicates that while some features are updated, other areas of the home may require additional renovation or modernization to fully meet current market expectations or buyer preferences.