1123 Tully Road, Modesto, CA 95350, Modesto, 95350 - 2 bed, 1 bath
1123 Tully Road
Modesto, CA 95350
Property Price
SUMMARY
Analysis of 1123 Tully Road, Modesto, CA 95350 reveals a property with a current list price of $410,000, which is 8% above the estimated $378,369 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 1123 Tully Road Subject | $410,000* List Price | 2 | 1 | 1,115 | $339 | - |
A 1538 Albany Avenue Sold | $349,000 | 2 | 1 | 966 | $361 | 0.6 mi |
B 1313 Ronald Avenue Sold | $395,000 | 3 | 1 | 1,196 | $330 | 0.9 mi |
C 1415 W Roseburg Avenue Sold | $420,000 | 3 | 2 | 1,290 | $326 | 0.2 mi |
D 1413 Del Monte Avenue Sold | $400,000 | 3 | 1 | 1,129 | $354 | 0.2 mi |
E Norman Way Sold | $399,500 List Price | 3 | 2 | 1,048 | 1.0 mi | |
F 1517 Kearney Avenue Sold | $385,000 | 2 | 1 | 976 | $394 | 0.6 mi |
G 1014 Yale Avenue Active | $465,000 List Price | 2 | 1 | 1,393 | $334 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1938, the property is move-in ready and has been extensively updated to blend original character with modern amenities. The kitchen and bathroom feature contemporary finishes, and the interior shows well-maintained flooring and updated light fixtures. The home appears to have no immediate renovation needs, with systems that are functional and within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Situated less than five minutes from the freeway and within walking distance to shopping and dining, this property offers exceptional convenience for commuters and easy access to daily necessities.
- Versatile Investment Potential
The corner lot layout and high-visibility frontage provide significant upside for various use cases, including a personal residence, rental income, or potential future redevelopment.
- Updated Vintage Charm
Built in 1938, the home has been well-updated to preserve its original character while offering modern functionality, all set behind lush greenery for added privacy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6800, other record lot size in square feet = 6534.
- High Traffic Exposure
The property's location on a busy road may result in increased noise levels and traffic congestion, which could be a deterrent for buyers seeking a quiet residential environment.
- Limited Interior Footprint
With only two bedrooms and one bathroom in an 1,115 square foot layout, the home may lack the space required for growing families or those needing a dedicated home office.
About 1123 Tully Road
Sure we're on a busy road that leads to abounding possibilities! We are close to shopping, restaurants, everyday necessities, schools and less than five minutes away from the freeway for you commuters out there! Whether you're looking for your first home, an income-producing property, or a strategic investment with high-visibility, you've found this great gem located behind a wall of lush greenery gifting you with seclusion! This one checks the boxes! Offering a lovely, well updated home with original character, a corner lot layout and frontage allow for multiple potential use scenarios, giving buyers room to bring their own vision. Whether that's personal residence, rental income, or future redevelopment (subject to buyer verification) this is a smart location. Strong upside. Real potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 6,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,115 | 1,396 | 20% |
| Lot Size | 6,800 | 6,891 | 49% |
| Price | $410.0K | $430.0K | 39% |
| Price per sq ft | $368 | $313 | 88% |
| Built year | 1938 | 1959 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 171 | 12% |
Pricing History
Listed for Sale
Dec 12, 2025
$410,000
Initial Listing
Sold
Nov 27, 1996
$1,500
Public Record