124 Madison Street
Bakersfield, CA, 93307
$250,000
MLS: SR25262056
Beds
3
Baths
1
Sq Ft
949
Lot
0.18 ac
Year Built
1955
MLS #
SR25262056
Days on Market
117
Listed
Nov 17, 2025
Description
Charming Bakersfield home with spacious living! This home delivers the perfect blend of comfort, style, and value. Whether you're a first-time buyer, growing household, or investor, this property offers everything you need—a spacious layout, thoughtful and a prime location close to shopping, schools, and commuter routes. Step inside to an inviting floor plan filled with natural light. The generous living room provides plenty of space to relax and entertain, while the adjoining dining area opens seamlessly to the kitchen. The kitchen offers ample cabinetry, expansive counter space, and the ideal setup for those who love to cook and gather. Each bedroom is well-sized and designed for comfort, making this home functional for families, guests, or a home office setup. The bathrooms feature clean finishes and a modern feel. Throughout the home, you'll find fresh touches that make this property feel bright, warm, and ready for your personal style. Outside, the spacious backyard offers endless possibilities—create a garden, build a patio, add a play area, or design the outdoor space of your dreams. The large lot also provides ample parking and potential for RV access or expansion (buyer to verify). Located in a friendly neighborhood near parks, schools, local dining, and daily conveniences, this home is ideal for buyers seeking a turnkey property at an incredible value. This is an opportunity you don’t want to miss. Schedule your private showing today and envision your life in this charming Bakersfield home!
Location
Bakersfield, Kern County, CA 93307
Open on Google Maps ↗Listed by: Jenny Segovia · Luxury Collective
Payment estimate
$2,037
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $25,000 · Loan: $225,000
- Principal & Interest
- $1,382
- Property tax (1.25%)
- $260
- Homeowners insurance
- $300
- Mortgage insurance
- $94
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $8,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Bakersfield, CA 93307 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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