1123 Cedar Creek Drive 1, Modesto, CA 95355, Modesto, 95355 - 2 bed, 2 bath
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1123 Cedar Creek Drive 1
Modesto, CA 95355
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,091Sq Ft
1,455Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$300,576
4% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $315,000, positioned slightly above the $300,577 Fair Market Value. While the property carries a Fair Condition Rating due to dated finishes, it offers a stable, low-maintenance lifestyle within the gated Cedarbrook community. Residents benefit from resort-style amenities, including pools and tennis courts, while the HOA covers exterior maintenance. This property is an ideal acquisition for Buy-and-Hold Investors seeking a rental-ready asset or first-time buyers looking for an affordable entry into a secure, amenity-rich neighborhood.
Estimated Market Value
$300,576
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 Cedar Creek Drive 1 Subject 2 bd · 2 ba · 1,091 sqft · $276 | $315,000* List Price | 2 | 2 | 1,091 | $276 | - |
A 1131 Cedar Creek Drive 5 Sold 2 bd · 2 ba · 1,091 sqft · $280 · 0.0 mi | $305,000 | 2 | 2 | 1,091 | $280 | 0.0 mi |
B 1116 Cedar Creek Drive 4 Sold 2 bd · 2 ba · 1,064 sqft · $297 · 0.1 mi | $316,000 | 2 | 2 | 1,064 | $297 | 0.1 mi |
C 1108 Cedar Creek Drive 4 Sold 2 bd · 2 ba · 1,064 sqft · $296 · 0.1 mi | $315,000 | 2 | 2 | 1,064 | $296 | 0.1 mi |
D 1126 Cedar Creek Drive 2 Sold 2 bd · 3 ba · 1,260 sqft · $246 · 0.1 mi | $310,000 | 2 | 3 | 1,260 | $246 | 0.1 mi |
E 4000 Fara Biundo Drive 20 Sold 2 bd · 2 ba · 912 sqft · $291 · 0.3 mi | $265,000 | 2 | 2 | 912 | $291 | 0.3 mi |
F 1112 Cedar Creek Drive 2 Sold 3 bd · 3 ba · 1,515 sqft · $231 · 0.1 mi | $349,900 | 3 | 3 | 1,515 | $231 | 0.1 mi |
G 1200 Lakewood Avenue 12 Sold 2 bd · 2 ba · 960 sqft · $318 · 0.7 mi | $305,000 | 2 | 2 | 960 | $318 | 0.7 mi |
H 1108 Cedar Creek Drive 1 Pending 2 bd · 2 ba · 1,064 sqft · $305 · 0.1 mi | $325,000 List Price | 2 | 2 | 1,064 | $305 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained and move-in ready but remains largely dated. The kitchen features older tile countertops and white appliances, and the overall interior finishes suggest a lack of recent major renovations, placing it in the 'Fair' category due to age and the need for cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Cedarbrook community offers an impressive array of amenities including two pools, a spa, tennis and pickleball courts, and a clubhouse, providing a high-quality lifestyle just steps from the front door.
- Low-Maintenance Living
This single-story condo is ideal for downsizers or first-time buyers, as the HOA covers essential exterior maintenance and roof replacement, ensuring a lock-and-leave lifestyle.
- Enhanced Security
Situated within a private gated community, the property offers residents increased peace of mind, privacy, and well-maintained common grounds.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1455, other record lot size in square feet = 1524.
- High Monthly HOA Fees
The association fee of $492 per month represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
- Modest School Ratings
The assigned middle and high schools carry lower ratings (3/10 and 4/10 respectively), which could be a drawback for families prioritizing top-tier educational districts.
About 1123 Cedar Creek Drive 1
Located in the gated community of Cedarbrook, this single-story 2 bedroom, 2 bath condo features 1091 square feet of living space and is perfect for the first-time buyer or downsizer, with the security and peace of mind of a private gated community, while keeping you close to the things you love. Enjoy resort-style amenities including two sparkling pools, a relaxing spa, clubhouse, tennis/pickleball courts, racquetball court, a basketball half-court and beautifully maintained grounds are all just steps from your front door. Exterior maintenance and roof coverage are included.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 1,455 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $492 / Month
Neighborhood Insights
Modesto Unified Schools
Christine Sipherd Elementary School
Grades K-6 • 0.5 mi
5/10
Norman N. Glick Middle School
Grades 7-8 • 1.3 mi
3/10
Peter Johansen High School
Grades 9-12 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,091 | 1,078 |
| Lot Size | 1,455 | 1,252.043 |
| Price | $315.0K | $274.7K |
| Price per sq ft | $289 | $247 |
| Built year | 1989 | 1981 |
| HOA | $492 | $487 |
| Days on market | 35 | 70 |
Pricing History
Listed for Sale
Sep 19, 2026
$315,000
Initial Listing
Sold
Jan 10, 2024
$329,000
Public Record
Sold
Nov 19, 2003
$173,000
Public Record
Sold
Oct 19, 2000
$95,909
Public Record