1201 Crater Avenue, Modesto, CA 95351, Modesto, 95351 - 3 bed, 2 bath
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Modesto, CA 95351
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $449,900—positioned above the $408,662 Fair Market Value by 10%. While the property carries a premium, it offers a Fair Condition Rating with a Great Room Concept and scenic Tuolumne River and Golf Course Views. The home provides a low-maintenance lifestyle with no HOA fees. Despite lower-rated local schools, the unique location and open layout offer long-term appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a scenic, manageable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1201 Crater Avenue Subject | $449,900* List Price | 3 | 2 | 1,421 | $288 | - |
A 610 Hudson Lane Sold | $395,000 | 3 | 2 | 1,358 | $291 | 1.0 mi |
B 1116 Pine Meadow Court Sold | $380,000 | 3 | 2 | 1,027 | $370 | 0.9 mi |
C 622 Josilane Sold | $325,000 | 3 | 2 | 1,120 | $290 | 1.0 mi |
D 1801 Theron Way Pending | $348,000 List Price | 3 | 2 | 1,311 | $265 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is 31 years old. While it features updated laminate flooring and is very well-maintained, the kitchen and bathrooms appear to have original oak cabinetry and older appliances. It fits the 'Fair' criteria as a move-in ready home that is over 20 years old and remains cosmetically dated.
The property is uniquely positioned in River Bend Estates to offer picturesque backyard views of the Tuolumne River and the adjacent golf course, providing a premium feel.
Built in 1995, the home features a desirable 'great room' concept that creates a spacious and inviting interior flow, catering to modern buyer preferences for entertaining.
The property features easy-care landscaping and carries no association fees, offering a cost-effective lifestyle for those seeking convenience without monthly overhead.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5123, other record lot size in square feet = 4791.
The assigned elementary and middle schools have low performance ratings (2 and 3), which may be a significant concern for families and impact future appreciation.
At just over 5,100 square feet, the lot is relatively compact, which may limit outdoor activities or future expansion possibilities for buyers seeking more land.
Welcome to River Bend Estates! This charming 3-bedroom, 2-bathroom home is situated on a cozy lot with beautiful backyard views of the Tuolumne River and the golf course. Featuring a spacious great room concept, this home offers an open and inviting living area perfect for relaxing or entertaining. Enjoy the low-maintenance front and back yards, designed for easy upkeep while still providing plenty of outdoor space to gather with family and friends. Conveniently located close to shopping, dining, and everyday amenities, this home combines comfort, convenience, and scenic surroundings.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.2 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,421 | 1,258 | 65% |
| Lot Size | 5,123 | 7,172 | 17% |
| Price | $449.9K | $399.0K | 75% |
| Price per sq ft | $317 | $315 | 52% |
| Built year | 1995 | 1957 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 189 | 2% |
May 20, 2026
$449,900
Initial Listing
Mar 2, 2018
$160,000
Public Record
Jun 6, 2003
$198,000
Public Record
Sep 14, 2001
$150,000
Public Record
Jan 28, 1997
$237,000
Public Record