
Modesto, CA 95350
This property presents a High-Potential Investment Opportunity with a List Price of $389,000—positioned well below the $398,555 Fair Market Value by 2%. This valuation gap offers $9,555 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a full interior rehab, yet offers significant upside through its 8,716 sqft corner lot and newer HVAC system. This value-add asset is ideal for Fix-and-Flip Investors or Contractors seeking to modernize a classic 1965 build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1312 Allen Ct Subject 3 bd · 2 ba · 1,512 sqft · $264 | $389,000* List Price | 3 | 2 | 1,512 | $264 | - |
A 1936 Reseda Lane Sold 3 bd · 2 ba · 1,509 sqft · $249 · 0.7 mi | $375,000 | 3 | 2 | 1,509 | $249 | 0.7 mi |
B 316 Tokay Avenue Sold 3 bd · 2 ba · 1,146 sqft · $284 · 0.9 mi | $325,000 | 3 | 2 | 1,146 | $284 | 0.9 mi |
C 900 Multnomah Drive Sold 3 bd · 2 ba · 1,570 sqft · $299 · 0.4 mi | $470,000 | 3 | 2 | 1,570 | $299 | 0.4 mi |
D 1125 Athens Avenue Sold 3 bd · 2 ba · 1,197 sqft · $322 · 0.8 mi | $385,000 | 3 | 2 | 1,197 | $322 | 0.8 mi |
E 1429 Brannon Avenue Active 3 bd · 2 ba · 1,505 sqft · $266 · 0.3 mi | $399,999 List Price | 3 | 2 | 1,505 | $266 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 and largely in original condition, the home features a dated kitchen and bathrooms exceeding 30 years in age. Visible wear including peeling wallpaper, old carpeting, and a dilapidated backyard structure indicates a need for a full interior rehab, despite the mention of a newer HVAC system.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8716, living area = 1512.
The property sits on a generous 8,718 square foot corner lot with potential RV access, offering significant outdoor versatility and storage options for homeowners.
The inclusion of a newer HVAC system provides immediate value and peace of mind, reducing the likelihood of major mechanical expenses shortly after purchase.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8716, other record lot size in square feet = 9124.
The home retains much of its original 1965 character, suggesting that significant cosmetic updates and renovations are likely needed to meet contemporary standards.
Built in 1965, the property may require inspections and potential upgrades to older plumbing or electrical systems typical of homes from this era.
Welcome to 1312 Allen Court! Situated in an established Modesto neighborhood, this single-story home offers 3 bedrooms, 2 bathrooms, and 1,512 square feet of living space on a generously sized 8,718 square foot lot. Built in 1965, this home offers timeless character and an excellent opportunity to make it your own. Features include corner lot, possible RV access, raised foundation, ceiling fans, and a newer HVAC system. While much of the home retains its original charm, it provides a wonderful canvas for updates and personal touches. The spacious lot provides plenty of possibilities for outdoor entertaining, gardening, or creating your ideal backyard retreat. Conveniently located near shopping, schools, parks, dining, and public transportation, with easy access to everyday amenities. Whether you're looking for a place to call home or an opportunity to add your personal style, this property offers space, potential, and a desirable central Modesto location. Don't miss your opportunity to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,512 | 1,595.344 |
| Lot Size | 8,716 | 6,731.123 |
| Price | $389.0K | $461.9K |
| Price per sq ft | $257 | $295 |
| Built year | 1965 | 1976 |
| HOA | $0 | $147 |
| Days on market | 11 | 52 |
Oct 13, 2026
$389,000
Initial Listing