1309 Nelda Way, Modesto, CA 95355, Modesto, 95355 - 4 bed, 2 bath
1309 Nelda Way
Modesto, CA 95355
Property Price
SUMMARY
Analysis of 1309 Nelda Way, Modesto, CA 95355 reveals a Fairly Priced Property with a current list price of $480,000 aligned with the estimated $471,068 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 1309 Nelda Way Subject | $480,000* List Price | 4 | 2 | 1,663 | $283 | - |
A 1824 Landini Way Sold | $522,000 | 4 | 2 | 1,784 | $293 | 0.2 mi |
B 2112 Woodbury Drive Sold | $450,000 | 4 | 2 | 1,600 | $281 | 0.9 mi |
C 1828 Lafayette Avenue Sold | $495,000 | 4 | 2 | 1,829 | $271 | 0.3 mi |
D 1836 Landini Way Sold | $530,000 | 3 | 2 | 1,737 | $305 | 0.2 mi |
E 1920 E Orangeburg Avenue Sold | $428,000 | 3 | 2 | 1,506 | $284 | 0.3 mi |
F 1609 Angelene Drive Pending | $445,000 List Price | 4 | 2 | 1,540 | $289 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent upgrades, including a newly remodeled kitchen, new wood flooring in the main living areas, and a four-year-old roof with new gutters. While the home was originally built in 1966, the integration of smart switches, solar panels, and updated interior finishes demonstrates excellent maintenance and modernization of major components, though the bathrooms appear to have received only partial updates (tile flooring) rather than a full recent renovation.
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 = 7261, living area = 1663.
- Modernized Interior & Infrastructure
The home features a newly remodeled kitchen, updated wood flooring, and a four-year-old roof with new gutters, offering move-in readiness and reduced immediate maintenance costs.
- Energy Efficiency & Value
The inclusion of solar panels, to be fully paid off by the seller at closing, provides significant long-term utility savings and adds immediate equity for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7261, other record lot size in square feet = 6969.
- Aging Structure
Originally built in 1966, the property may require ongoing attention to older underlying systems, such as plumbing or electrical, that may not have been fully updated during recent cosmetic renovations.
- Modest School Ratings
The assigned public schools currently hold lower ratings (ranging from 3 to 4), which may impact appeal for families prioritizing high-performing educational districts.
About 1309 Nelda Way
Welcome to this beautiful 1,663-square-foot home in Modesto. This residence features four comfortable bedrooms, two bathrooms, and a fully sheet rocked two-car garage. Conveniently located near shopping centers and Gould Medical. The home boasts a beautiful newly remodeled kitchen. Carpet in bedrooms, new wood flooring in kitchen, hallway and family room, and tile flooring in bathrooms. It has smart switches throughout. It has a four-year-old roof with new gutters. The sale includes solar panels (to be paid off at the close of escrow by the seller). Outside, you will find a private backyard perfect for gathering with family and friends in a quiet, welcoming neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 7,261 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Rose Avenue Elementary School
Grades K-6 • 0.2 mi
La Loma Junior High School
Grades 7-8 • 1.1 mi
Thomas Downey High School
Grades 9-12 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,663 | 1,702 | 48% |
| Lot Size | 7,261 | 6,599 | 69% |
| Price | $480.0K | $465.0K | 54% |
| Price per sq ft | $289 | $284 | 54% |
| Built year | 1966 | 1984 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 173 | 11% |
Pricing History
Listed for Sale
Dec 19, 2025
$480,000
Initial Listing
Sold
Dec 17, 2021
$440,000
Public Record
Sold
Oct 21, 2009
$163,000
Public Record
Sold
Apr 10, 1996
$114,000
Public Record