616 Ray Street, Bakersfield, CA 93308, Bakersfield, 93308 - 3 bed, 2 bath
616 Ray Street
Bakersfield, CA 93308
Property Price
SUMMARY
Analysis of 616 Ray Street, Bakersfield, CA 93308 reveals a Fairly Priced Property with a current list price of $239,900 aligned with the estimated $235,308 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 616 Ray Street Subject | $239,900* List Price | 3 | 2 | 1,168 | $201 | - |
A 1921 Esther Sold | $255,000 | 3 | 2 | 1,350 | $189 | 0.3 mi |
B 518 Lincoln Avenue Sold | $303,000 | 3 | 3 | 1,560 | $194 | 0.5 mi |
C 439 Arvin Sold | $192,000 | 2 | 1 | 1,247 | $154 | 0.2 mi |
D 713 Charlana Drive Sold | $250,000 | 3 | 2 | 1,291 | $194 | 0.1 mi |
E 605 Belmont Avenue Sold | $205,000 | 3 | 1 | 968 | $212 | 0.7 mi |
F 2112 Carrere Street Sold | $278,000 | 3 | 2 | 1,454 | $191 | 0.8 mi |
G 513 Washington Avenue Pending | $249,950 List Price | 3 | 2 | 1,056 | $237 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1941, this home is well-maintained and move-in ready but shows its age. While it features some cosmetic updates like newer laminate flooring and fresh paint, the kitchen and bathrooms remain dated with older cabinetry, tile countertops, and basic white appliances. The property lacks the extensive modern renovation required for a higher score, though it remains functional and charming.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
Built in 1941, this home features distinct architectural elements such as arched windows and a unique stone fireplace that provide a level of charm and warmth rarely found in modern construction.
- Prime Parkside Location
The property is ideally situated directly across from a park in a desirable neighborhood, offering convenient access to outdoor recreation and enhanced neighborhood appeal.
- Extensive Parking and Lot Utility
The long driveway accommodates multiple vehicles or an RV, complemented by a detached garage and a large backyard with mature trees, providing excellent outdoor versatility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1168, other record living area = 882.
- Compact Interior Footprint
At 1,168 square feet for a three-bedroom home, the living spaces may feel small or constrained, particularly for buyers looking for modern, open-concept layouts.
- Vintage Infrastructure Risks
Given the home's 1941 origin, potential buyers should anticipate the need for updates to aging systems or structural components to meet contemporary efficiency and safety standards.
About 616 Ray Street
This architectually distinct home features arched windows in the living room which invites natural light throughout. The living room has a unique stone fireplace which adds a focal point, warmth and charm. The bright kitchen opens to the dining room which is perfect for entertaining. Other property features are a long driveway for multiple cars or an RV, a detached one car garage, and a generously sized backyard with mature trees. This is an excellent opportunity to own a 3 bedroom home in a desireable location across the street from a park. One living room photo is virtually staged.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,662 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,168 | 1,291 | 39% |
| Lot Size | 5,662 | 6,969 | 17% |
| Price | $239.9K | $293.0K | 17% |
| Price per sq ft | $205 | $224 | 41% |
| Built year | 1941 | 1956 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 164 | 2% |
Pricing History
Listed for Sale
Feb 12, 2026
$239,900
Initial Listing
Sold
Jun 4, 2010
$58,000
Public Record
Sold
Oct 9, 2003
$98,000
Public Record
Sold
Nov 1, 2000
$75,000
Public Record