7512 Lordsburg Drive, Bakersfield, CA 93309, Bakersfield, 93309 - 3 bed, 3 bath

7512 Lordsburg Drive, Bakersfield, CA 93309 home-pic-0
ACTIVE$339,075$1,625/sqft
Est. Value: $339,075
%
FairlyEstimate
7512 Lordsburg Drive, Bakersfield, CA 93309
3Beds
3Baths
1,625Sqft
10,654Lot

Price Vs. Estimate

The estimated value ($339,075) is $0 (0%) lower than the list price ($339,075). 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 = 10654, living area = 1625.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10654, other record lot size in square feet = 10454.

Compared to the nearby listings

Price:$339.1K vs avg $350.0K ($-10,925)38%
Size:1,625 sqft vs avg 1,577 sqft51%
Price/sqft:$209 vs avg $20950%

More Insights

Built in 1983 (43 years old).
Condition: Built in 1983, this property is 41 years old. The MLS listing explicitly notes a 'Potential for Outdated Interiors' and no mention of recent renovations, suggesting that the kitchen, bathrooms, and other interior finishes are likely dated and will require minor updates or cosmetic repairs to meet current standards. While the exterior appears generally maintained from the single provided image, the landscaping is neglected. Without interior photos, a detailed assessment of key areas like the kitchen and bathrooms is limited, but the age and lack of renovation history place it firmly in the 'fair' category, indicating functionality but a need for modernization.
Year Built
1983
Close
-
List price
$339K
Original List price
-
Price/Sqft
$209
HOA
$0
Days on market
-
Sold On
-
MLS number
MC25230757
Home ConditionFair
Features
Pool
View-

About this home

Single Family 3bd 2 1/2bath Home with a built in Swimming Pool located in the desirable Laurelglen area. Has so much to offer, Don't miss this opportunity.

T
Travis Azevedo
Listing Agent

Price History

Date
Event
Price
10/24/22
Sold
$442,000
11/08/17
Sold
$218,000
07/12/13
Sold
$165,000
08/04/05
Sold
$302,000
Condition Rating
Fair

Built in 1983, this property is 41 years old. The MLS listing explicitly notes a 'Potential for Outdated Interiors' and no mention of recent renovations, suggesting that the kitchen, bathrooms, and other interior finishes are likely dated and will require minor updates or cosmetic repairs to meet current standards. While the exterior appears generally maintained from the single provided image, the landscaping is neglected. Without interior photos, a detailed assessment of key areas like the kitchen and bathrooms is limited, but the age and lack of renovation history place it firmly in the 'fair' category, indicating functionality but a need for modernization.
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 = 10654, living area = 1625.
Desirable Location: The property is situated in the desirable Laurelglen area, known for its appeal and potential for sustained property value.
Private Swimming Pool: Includes a built-in swimming pool, a highly sought-after amenity that enhances lifestyle and property value, especially in Bakersfield's climate.
No HOA Fees: Absence of homeowners association fees provides financial flexibility and avoids additional monthly costs for the homeowner.
Generous Lot Size: A substantial lot size of 10,654 sqft offers ample outdoor space for landscaping, entertaining, or potential future enhancements.
Attractive Price Point: Listed at $339,075, significantly below its last sale price of $442,000 in 2022, potentially offering strong value for buyers in the current market.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10654, other record lot size in square feet = 10454.
Property Age: Built in 1983, the home is over 40 years old, which may imply a need for updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to meet modern standards.
Potential for Outdated Interiors: The description does not mention recent renovations, suggesting that interior finishes and fixtures might be original or dated, potentially requiring immediate investment from a new owner.
Significant Price Reduction History: The current list price is substantially lower than its 2022 sale price, which could raise questions for potential buyers regarding the property's condition, market stability, or reasons for the price adjustment.
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