7318 Chetco River Street, Bakersfield, CA 93311, Bakersfield, 93311 - 4 bed, 3 bath

7318 Chetco River Street, Bakersfield, CA 93311 home-pic-0
ACTIVE$575,000$2,733/sqft
Est. Value: $575,529
%
FairlyEstimate
7318 Chetco River Street, Bakersfield, CA 93311
4Beds
3Baths
2,733Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($575,528.98) is $528.98 (0%) lower than the list price ($575,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Energy Efficiency: Built in 2024, this home features a modern design, central air and heat, and a solar system, contributing to lower utility costs and contemporary living.
Top Cons:
HOA Fees: The property is subject to a monthly HOA fee of $55, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$575.0K vs avg $515.0K (+$60,000)69%
Size:2,733 sqft vs avg 2,149 sqft73%
Price/sqft:$210 vs avg $23525%

More Insights

Built in 2024 (2 years old).
Condition: This property is a brand new construction, built in 2024, and meets all criteria for an 'excellent' rating. The kitchen features modern dark cabinetry, white quartz countertops, and new appliances. Bathrooms are equally new with contemporary vanities and subway tile showers. The home boasts new laminate and carpet flooring, recessed lighting, central air and heat, and a solar system, indicating no deferred maintenance and adherence to current quality standards.
Year Built
2024
Close
-
List price
$575K
Original List price
-
Price/Sqft
$210
HOA
$55
Days on market
-
Sold On
-
MLS number
25621861
Home ConditionExcellent
Features
View-

About this home

Newly built home with solar system in Sendero Ranch community, located in a peaceful and quiet neighborhood. This spacious home features 4 bedrooms and 3 baths with a den, which includes a luxurious 1 bedroom suite with a kitchenette, very convenient for in laws or guests. Beautiful entry to a formal living room, den, and dining area. Ample space in closets. A good size laundry room with a cabinet. Gourmet kitchen with quartz countertops including a nice pantry leading to a large size backyard, great for entertainment. It has central air and heat, 3-car attached garage. Playground is nearby, walking distance to Kern High School. This place is convenient and close to shops and restaurants. Solar system and HOA fee are included, the price is right. This property is on lease too.

M
M. 'Marina' Sotery
Listing Agent

Price History

Date
Event
Price
06/20/24
Sold
$578,000
Condition Rating
Excellent

This property is a brand new construction, built in 2024, and meets all criteria for an 'excellent' rating. The kitchen features modern dark cabinetry, white quartz countertops, and new appliances. Bathrooms are equally new with contemporary vanities and subway tile showers. The home boasts new laminate and carpet flooring, recessed lighting, central air and heat, and a solar system, indicating no deferred maintenance and adherence to current quality standards.
Pros & Cons

Pros

New Construction & Energy Efficiency: Built in 2024, this home features a modern design, central air and heat, and a solar system, contributing to lower utility costs and contemporary living.
Versatile Living Spaces: The property includes a luxurious 1-bedroom suite with a kitchenette, ideal for multi-generational living, guest accommodation, or potential rental income.
Spacious & Modern Interior: Offering 2733 sqft with 4 bedrooms, 3 baths, a den, a gourmet kitchen with quartz countertops, and ample closet space, providing comfort and functionality.
Desirable Location & Community: Located in the peaceful Sendero Ranch community, it's walking distance to Kern High School and conveniently close to shops, restaurants, and a nearby playground.
Outdoor & Practical Amenities: Features a large size backyard perfect for entertainment, a 3-car attached garage for ample parking and storage, and a good-sized laundry room with cabinets.

Cons

HOA Fees: The property is subject to a monthly HOA fee of $55, which adds to the recurring cost of homeownership.
Ambiguous 'On Lease' Status: The description states 'This property is on lease too,' which is unclear and requires clarification regarding whether it refers to a solar lease, a ground lease, or the property being available for rent, potentially complicating the transaction.
Large Backyard Maintenance: While a large backyard is great for entertainment, it implies significant ongoing maintenance and landscaping efforts, which could be a drawback for some buyers.
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