703 Woodrow Avenue, Bakersfield, CA 93308, Bakersfield, 93308 - 2 bed, 2 bath
ACTIVE$234,900$708/sqft
Est. Value: $226,750
-3%
AboveEstimate
703 Woodrow Avenue, Bakersfield, CA 93308
2Beds
2Baths
708Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($226,750.05) is $8,149.95 (3%) lower than the list price ($234,900). This property may be overpriced.
Key pros and cons
Top Pros:
Recent Major Upgrades: The property benefits from significant recent capital improvements, including a new roof and new windows, reducing immediate maintenance concerns for a buyer.
Top Cons:
Compact Interior Space: At 708 sqft for the main living area, the property offers limited interior space, which may be a constraint for larger households or those desiring more expansive living areas.
Compared to the nearby listings
Price:$234.9K vs avg $293.0K ($-58,100)30%
Size:708 sqft vs avg 1,350 sqft4%
Price/sqft:$332 vs avg $21296%
More Insights
Built in 1940 (86 years old).
Condition: The property, built in 1940, benefits from recent major upgrades like a new roof and new windows, which are significant structural improvements. However, the interior, particularly the kitchen and main bathroom, appears largely original or last updated 20-30+ years ago. The kitchen features dated white painted cabinets, basic countertops, and no visible modern appliances. The bathrooms have older style vanities and fixtures. While clean and functional, these key areas show significant aesthetic depreciation and would require substantial updates to meet current quality standards. The flooring is a mix of older tile and newer laminate, lacking consistency. The presence of a wall heater and no mention of a central cooling system also indicates an older system. Overall, the home is maintained but aged, requiring significant cosmetic updates in critical areas.
Year Built
1940
Close
-
List price
$235K
Original List price
-
Price/Sqft
$332
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-31045
Home ConditionFair
Features
View-
About this home
Cozy Cozy home 2 bed 1 bath with a bonus room and half bath with exterior entrance. Spacious lot with alley access Features new roof and new windows .
M
Mary Gonzalez
Listing Agent
Nearby schools
3/10
North Beardsley Elementary School
Public,•K-6•0.5mi
3/10
Wingland Elementary School
Public,•K-5•0.7mi
2/10
Standard Elementary School
Public,•K-5•0.8mi
4/10
Beardsley Junior High School
Public,•7-8•0.6mi
2/10
Standard Middle School
Public,•6-8•0.8mi
5/10
North High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
02/24/95
Sold
$45,000
11/09/23
Sold
$193,000
Condition Rating
Fair
The property, built in 1940, benefits from recent major upgrades like a new roof and new windows, which are significant structural improvements. However, the interior, particularly the kitchen and main bathroom, appears largely original or last updated 20-30+ years ago. The kitchen features dated white painted cabinets, basic countertops, and no visible modern appliances. The bathrooms have older style vanities and fixtures. While clean and functional, these key areas show significant aesthetic depreciation and would require substantial updates to meet current quality standards. The flooring is a mix of older tile and newer laminate, lacking consistency. The presence of a wall heater and no mention of a central cooling system also indicates an older system. Overall, the home is maintained but aged, requiring significant cosmetic updates in critical areas.
Pros & Cons
Pros
Recent Major Upgrades: The property benefits from significant recent capital improvements, including a new roof and new windows, reducing immediate maintenance concerns for a buyer.
Versatile Bonus Space: A bonus room with a half bath and a separate exterior entrance offers flexible usage, such as a home office, guest suite, or potential for rental income.
Generous Lot Size & Alley Access: The spacious 6098 sqft lot provides ample outdoor space, and alley access adds convenience for parking, utility access, or potential future development.
No Homeowners Association (HOA) Fees: The absence of HOA fees eliminates recurring monthly costs, making the property more financially attractive to budget-conscious buyers.
Affordable Entry Point: With a list price of $234,900, this property represents an accessible and competitive entry point into the Bakersfield real estate market for first-time homebuyers or investors.
Cons
Compact Interior Space: At 708 sqft for the main living area, the property offers limited interior space, which may be a constraint for larger households or those desiring more expansive living areas.
Absence of Mentioned Cooling System: Given Bakersfield's hot climate, the property description does not mention a cooling system (e.g., air conditioning), which could be a significant and costly upgrade for a new owner.
Older Property Age: Built in 1940, while some updates are noted, the property's age suggests that other critical systems like plumbing and electrical may still be original or require future investment and modernization.