
Modesto, CA 95351
This Single Family Residence is a High-Potential Investment Opportunity, listed at $449,000—positioned well below the $408,116 Fair Market Value by -10%. While the property is in Fair Condition Rating (23 years old), its move-in ready status and lack of HOA fees provide immediate utility. The home features a 2-Car Garage and a back patio with views, offering a solid foundation for value-add updates. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point into the Modesto market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1209 Crater Avenue Subject | $449,000* List Price | 3 | 2 | 1,451 | $281 | - |
A 610 Hudson Lane Sold | $395,000 | 3 | 2 | 1,358 | $291 | 1.0 mi |
B 622 Josilane Sold | $325,000 | 3 | 2 | 1,120 | $290 | 1.0 mi |
C 1116 Pine Meadow Court Sold | $380,000 | 3 | 2 | 1,027 | $370 | 0.9 mi |
D 1201 Crater Avenue Active | $449,900 List Price | 3 | 2 | 1,421 | $317 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, which falls into the 'Fair' category (>20 years). While the listing states it is move-in ready, the age suggests that the kitchen, bathrooms, and major systems like HVAC are likely original and dated, requiring minor repairs or modern updates.
The property is marketed as ready to move in, providing a turnkey opportunity for buyers who want to avoid the time and expense of immediate renovations.
Built in 2003, this home is significantly newer than much of the surrounding inventory in Modesto, offering more modern building standards and systems.
With an association fee of $0, homeowners benefit from lower monthly carrying costs and greater freedom over their property compared to managed communities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5097, other record lot size in square feet = 4791.
The assigned public schools carry low ratings (ranging from 2 to 4), which may deter families and potentially limit long-term appreciation.
At 5,097 square feet, the lot size is relatively small for the area, which may limit outdoor recreational space and privacy for the residents.
Welcome to 1209 Crater Ave. Nice Home 3 bedrooms, 2 bathrooms, 2 Car Garage. Take a few steps up into a single Lavel house. Nice views from back patio. ready to move in.
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 | 1,451 | 1,281 | 67% |
| Lot Size | 5,097 | 7,832.045 | 15% |
| Price | $449.0K | $400.0K | 69% |
| Price per sq ft | $309 | $310 | 50% |
| Built year | 2003 | 1957 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 188 | 2% |
May 27, 2026
$449,000
Initial Listing
Jul 8, 2008
$162,000
Public Record
Apr 28, 2006
$360,000
Public Record
Mar 18, 2002
$96,000
Public Record