1121 Crater Avenue, Modesto, CA 95351, Modesto, 95351 - 4 bed, 3 bath
1121 Crater Avenue
Modesto, CA 95351
Property Price
SUMMARY
Analysis of 1121 Crater Avenue, Modesto, CA 95351 reveals a Prime Investment Opportunity with a current list price of $549,900—significantly undercutting the $605,094 Fair Market Value by 9%. This valuation gap indicates a +$55,194 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1121 Crater Avenue Subject | $549,900* List Price | 4 | 3 | 1,964 | $308 | - |
A 1117 Whittle Court Sold | $400,000 | 3 | 2 | 1,238 | $323 | 1.0 mi |
B 2001 John Street Sold | $405,000 | 3 | 2 | 1,395 | $290 | 0.8 mi |
C 733 Roselawn Avenue Sold | $450,000 | 4 | 2 | 1,360 | $331 | 0.8 mi |
D 628 Crater Pending | $468,000 List Price | 4 | 3 | 1,430 | $327 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new construction home featuring modern high-end finishes including quartz countertops, laminate wood flooring, and dolomite tile in the primary suite. The property includes energy-efficient upgrades such as paid-off solar panels, a tankless water heater, and a rain-sensor sprinkler system, meeting all current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Low Maintenance
The property features fully paid-off solar panels and a durable colored stucco exterior that requires no painting, providing immediate utility savings and reduced long-term upkeep costs.
- Modern New Construction
As a brand-new build, the home offers a contemporary open-concept layout with premium finishes, including quartz countertops, dolomite tile, and a tankless water heater, ensuring move-in ready comfort.
- Unique Lot & Trail Access
The home is uniquely positioned with direct access to a river walking trail and is built on an elevated CMU wall foundation, which eliminates the requirement for costly flood insurance.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5114, other record lot size in square feet = 4791.
- Local School Ratings
The assigned public schools for this address currently hold low ratings (ranging from 2 to 4), which may impact the property's appeal to education-focused families and affect future resale value.
- Compact Lot Size
With a lot size of 5,114 square feet, the outdoor space is relatively modest for a nearly 2,000-square-foot four-bedroom home, potentially limiting options for extensive gardening or large-scale outdoor entertaining.
About 1121 Crater Avenue
Welcome to this stunning Brand-New 4-bedroom, 3-bath modern home offering 1,964 sq ft of thoughtfully designed living space in a highly convenient Modesto location. Built to last, this home features Paid-Off Solar Power, central heating and air, wired smoke and CO2 alarms, and durable colored stucco exterior with no paint required. The open-concept layout is filled with natural light and showcases quartz kitchen countertops, stylish cabinetry, laminate wood flooring, a ductless range hood with carbon filters, and striking black-trim tinted windows. The main entry impresses with double doors, a slate front porch, and a custom garage door, while the primary suite offers a spa-like shower with dolomite tile flooring. Enjoy a large backyard with direct access to a walking and running trail along the river, all while resting easy knowing the home is elevated on a CMU wall, No Flood Insurance Required. From the water-saving rain-sensor sprinkler system and on-demand tankless hot water to the premium roof materials and brand-new solar panels, this thoughtfully constructed home offers modern comfort, long-term durability, and peace of mind.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 5,114 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Shackelford Elementary School
Grades K-6 • 0.9 mi
Fairview Elementary School
Grades K-6 • 1.2 mi
Evelyn Hanshaw Middle School
Grades 7-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,964 | 1,252 | 83% |
| Lot Size | 5,114 | 6,556 | 16% |
| Price | $549.9K | $389.0K | 91% |
| Price per sq ft | $280 | $311 | 36% |
| Built year | - | 1957 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 166 | 8% |
Pricing History
Listed for Sale
Jan 14, 2026
$549,900
Initial Listing
Sold
May 26, 2021
$92,000
Public Record
Sold
Feb 16, 2021
$92,000
Public Record