1131 N Rosemore Avenue, Modesto, CA 95358, Modesto, 95358 - 3 bed, 2 bath
1131 N Rosemore Avenue
Modesto, CA 95358
Property Price
SUMMARY
Analysis of 1131 N Rosemore Avenue, Modesto, CA 95358 reveals a property with a current list price of $499,000, which is 42% above the estimated $351,264 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1131 N Rosemore Avenue Subject | $499,000* List Price | 3 | 2 | 1,219 | $288 | - |
A 2401 Chapparal Place Sold | $440,000 | 2 | 2 | 1,314 | $335 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is currently mid-renovation and uninhabitable, lacking essential interior finishes such as sheetrock, flooring, cabinetry, and functional kitchen or bathroom fixtures. While major systems like the roof, HVAC, plumbing, and electrical have been upgraded, the home requires substantial rehabilitation and finishing work before it can be occupied.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12005, living area = 1219.
- Major Infrastructure Upgrades
The property features a brand-new roof, windows, HVAC system, electrical, and plumbing, ensuring that the most costly structural and mechanical components are already modernized.
- Development Potential
Situated on a generous quarter-acre lot, the property includes permits for square footage expansion and offers the capacity to build an ADU for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12005, other record lot size in square feet = 11761.
- Incomplete Condition
The home is currently uninhabitable and requires significant interior finishing work, including sheetrock, insulation, and full kitchen and bathroom installations before move-in.
- Financing Challenges
Due to the lack of a finished kitchen and interior walls, the property likely will not qualify for traditional FHA or conventional financing, potentially limiting the buyer pool to cash or construction loan investors.
About 1131 N Rosemore Avenue
Finding a home that you can add your finishing touches too, All the hard work has been done for you already starting off with Brand new HVAC unit including new ducting, insulation and a brand new Unit. Roof is brand new, New Windows, New Electrical, New Plumbing ready for a tankless water heater to be installed, all permits have been done with the county to expand and add to square footage, this property allows to build an ADU too perfect for family or to create rental income. Lot size is over a quarter acre lot single story. All that is left is the finishing touches, Sheetrock, insulation and finished flooring, cabinets, and countertops. Once this home is finished it will be like having a newbuild with all new appliances on over a quarter acre lot! come finish your dream home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 12,005 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,219 | 1,469 | 21% |
| Lot Size | 12,005 | 6,499 | 79% |
| Price | $499.0K | $434.5K | 77% |
| Price per sq ft | $409 | $311 | 91% |
| Built year | 1956 | 1986 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 165 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$499,000
Initial Listing
Sold
Dec 11, 2024
$290,000
Public Record