8501 Tamworth Street, Bakersfield, CA 93313, Bakersfield, 93313 - 3 bed, 2 bath
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Bakersfield, CA 93313
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $449,000—positioned slightly above the $441,991 Fair Market Value. While the property requires cosmetic updates given its Fair Condition Rating, the 10,890 sqft lot featuring a sparkling pool and spa provides significant lifestyle value. The home offers an open floor plan with cathedral ceilings, though buyers must account for the solar lease obligation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8501 Tamworth Street Subject | $449,000* List Price | 3 | 2 | 1,796 | $246 | - |
A 2306 Viso Way Pending | $425,000 List Price | 3 | 2 | 1,825 | $233 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1992 (32 years old) and appears to retain its original 90s-era oak cabinetry and layout. While the listing mentions some updated maintenance items like a new water heater, pool motor, and faucets, the kitchen and overall aesthetic are dated and require cosmetic modernization. It does not show signs of the structural neglect associated with a 'poor' rating, but exceeds the 20-year threshold for 'fair' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1796.
The property features a massive 10,890 sqft lot equipped with a sparkling pool and spa, offering a premium space for outdoor living and entertaining in the Bakersfield climate.
With cathedral ceilings and an open floor plan, the 1,796 sqft interior provides an airy, modern feel that maximizes the living space and natural light.
The requirement for the buyer to assume a solar lease at $250 per month for the next three years represents a significant fixed monthly expense that may impact debt-to-income ratios.
The property is being sold in 'as-is' condition, which may deter buyers seeking a turnkey home and could present challenges for certain traditional financing appraisals.
Beautiful home, 3 bedrooms, 2 bathrooms, open floor, cathedral ceilings, large living room, entertainment room with fireplace open to the kitchen with bar, Master bedroom with walk-in closet, Master bathroom with double sink, tub and separate standing shower, laundry room, solar panels, lower electrical bills, A/C, a lot of storage, 2 car garage, Huge backyard with a sparking pool and Spa perfect for entertaining, hot tub in Master bathroom, Pool motor, Water heater, front yard wood fence, dishwasher, side garage door, timer for the sprinkler system, New faucets, Close to schools, shopping centers and freeways. Don't miss out. Great home!! Sold as Is, The solar panels are a lease, buyer to assume the lease, 3years remain, monthly payment for the lease is $250.00.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,796 | - |
| Lot Size | 10,890 | - |
| Price | $449.0K | $399.2K |
| Price per sq ft | $250 | $245 |
| Built year | 1992 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 57 |
Jun 8, 2026
$449,000
Initial Listing
Mar 3, 2023
$420,000
Public Record
Jun 10, 2013
$180,000
Public Record
Sep 10, 2004
$265,000
Public Record
Jan 28, 1994
$133,000
Public Record