8424 Hosey Avenue, Bakersfield, CA 93311, Bakersfield, 93311 - 2 bed, 1 bath
ACTIVE$499,000/sqft
8424 Hosey Avenue, Bakersfield, CA 93311
2Beds
1Bath
Sqft
108,900Lot
Price Vs. Estimate
Estimation data not available
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 = 109335, living area = 1215.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =108900, other record lot size in square feet = 109335.
Compared to the nearby listings
Price:$499.0K vs avg $515.0K ($-16,000)49%
Size: sqft vs avg 2,131 sqft4%
Price/sqft:$0 vs avg $2356%
More Insights
Condition: The property is well-maintained and functional, but the interior, especially the kitchen and bathroom, features outdated styles from the 1990s or early 2000s, including honey oak cabinets, speckled countertops, black appliances, and large square ceramic tiles. Popcorn ceilings are also visible. While move-in ready, it requires significant cosmetic updates to meet current aesthetic standards.
Year Built
Close
-
List price
$499K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
26636163
Home ConditionFair
Features
Good View:
Deck
View-
About this home
2 Bedroom 1 Bath Home on 2.5 Acres. Motivated Seller. Make Offer. Negotiable Water well service.
T
Terry Matthews
Listing Agent
Condition Rating
Fair
The property is well-maintained and functional, but the interior, especially the kitchen and bathroom, features outdated styles from the 1990s or early 2000s, including honey oak cabinets, speckled countertops, black appliances, and large square ceramic tiles. Popcorn ceilings are also visible. While move-in ready, it requires significant cosmetic updates to meet current aesthetic standards.
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 = 109335, living area = 1215.
Expansive Lot Size: The property features a substantial 2.5-acre lot, providing ample space for privacy, potential expansion, landscaping, or various outdoor activities.
Motivated Seller & Negotiable Terms: The listing explicitly states 'Motivated Seller. Make Offer. Negotiable Water well service,' indicating a strong willingness to negotiate on price and terms, which is highly advantageous for buyers.
Development Potential: The generous acreage offers significant potential for future development, such as adding outbuildings, expanding the existing home, or creating extensive gardens, subject to local zoning.
Rural Lifestyle Appeal: The large lot size contributes to a sense of privacy and a more spacious, rural living environment, appealing to those seeking tranquility and an escape from dense urban settings.
Potential for Water Self-Sufficiency: The mention of 'Negotiable Water well service' suggests the possibility of a private water source, which could lead to reduced utility costs and greater self-sufficiency.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =108900, other record lot size in square feet = 109335.
Limited Living Space: The home offers only 2 bedrooms and 1 bathroom, which may be insufficient for many buyers, especially considering the large lot size and the property's list price.
Uncertainty Regarding Water Well Service: While a well can be an asset, the 'negotiable water well service' phrasing implies potential issues, shared access, or undefined costs associated with its operation or maintenance, creating uncertainty for the buyer.
Lack of Detailed Property Information: The sparse description provides minimal details about the home's condition, age, or specific features, making it difficult for potential buyers to assess its current value and implying a possible need for significant updates or repairs.