5348 Gatson, Bakersfield, CA 93314, Bakersfield, 93314 - 3 bed, 2 bath

5348 Gatson, Bakersfield, CA 93314 home-pic-0
ACTIVE$525,000$1,540/sqft
Est. Value: $525,000
%
FairlyEstimate
5348 Gatson, Bakersfield, CA 93314
3Beds
2Baths
1,540Sqft
39,640Lot

Price Vs. Estimate

The estimated value ($525,000) is $0 (0%) lower than the list price ($525,000). 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 = 39640, living area = 1540.
Top Cons:
Potential for Dated Interior: Without specific mention of recent renovations, the interior, being 15 years old, may require cosmetic updates to align with current design trends and buyer preferences.

Compared to the nearby listings

Price:$525.0K vs avg $570.0K ($-45,000)31%
Size:1,540 sqft vs avg 2,684 sqft10%
Price/sqft:$341 vs avg $23297%

More Insights

Built in 2009 (17 years old).
Condition: Built in 2009, this property falls within the 10-20 year age range for a 'Good' rating. The interior, including the kitchen and bathrooms, appears clean and well-maintained, consistent with its age. While the kitchen features black appliances and builder-grade finishes from 2009, and the bathrooms are functional but not recently updated, they are all in good, usable condition with no immediate renovation required. Flooring is a mix of tile and wood laminate, showing minimal wear. The property is move-in ready, aligning with the criteria for a 'Good' condition score.
Year Built
2009
Close
-
List price
$525K
Original List price
-
Price/Sqft
$341
HOA
$0
Days on market
-
Sold On
-
MLS number
DW25272270
Home ConditionGood
Features
Patio
View-

About this home

Charming Ranch-Style Home. Discover this delightful ranch-style home featuring 3 spacious bedrooms and 2 bathrooms. Located on a peaceful street, this property combines privacy with convenience. Enjoy being just minutes from shopping, dining, and schools, while still having the space to spread out and grow. Whether youre looking for your familys next home or an investment with incredible upside, this Bakersfield gem checks all the boxes.

C
Cristhian Terranova Lojas
Listing Agent

Price History

Date
Event
Price
11/10/21
Sold
$390,000
05/17/17
Sold
$201,000
07/09/09
Sold
$197,000
03/03/04
Sold
$8,500
Condition Rating
Good

Built in 2009, this property falls within the 10-20 year age range for a 'Good' rating. The interior, including the kitchen and bathrooms, appears clean and well-maintained, consistent with its age. While the kitchen features black appliances and builder-grade finishes from 2009, and the bathrooms are functional but not recently updated, they are all in good, usable condition with no immediate renovation required. Flooring is a mix of tile and wood laminate, showing minimal wear. The property is move-in ready, aligning with the criteria for a 'Good' condition score.
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 = 39640, living area = 1540.
Exceptional Lot Size: The property boasts a substantial 39,640 sqft lot, offering rare privacy, extensive outdoor living potential, and room for future expansion or amenities.
Modern Construction: Built in 2009, the home benefits from contemporary building standards, potentially better energy efficiency, and reduced immediate maintenance concerns compared to older properties.
No Homeowners Association (HOA): The absence of HOA fees provides significant financial savings and freedom from restrictive community regulations, enhancing affordability and lifestyle flexibility.
Convenient & Peaceful Location: Situated on a tranquil street, the home offers a peaceful living environment while being just minutes away from essential amenities like shopping, dining, and schools.
Desirable Ranch-Style Design: The charming ranch-style architecture offers highly sought-after single-story living, ensuring accessibility and a timeless aesthetic appeal.

Cons

Potential for Dated Interior: Without specific mention of recent renovations, the interior, being 15 years old, may require cosmetic updates to align with current design trends and buyer preferences.
High Lot Maintenance: The expansive 39,640 sqft lot, while a benefit, will demand considerable time, effort, and cost for landscaping, irrigation, and general upkeep, which could be a deterrent for some buyers.
Modest Interior Square Footage: At 1540 sqft, the interior living space might be considered modest by some buyers, especially given the property's nearly one-acre lot, potentially limiting its appeal for those desiring larger indoor areas.
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