1324 Conrad Way, Modesto, CA 95358, Modesto, 95358 - 3 bed, 3 bath

1324 Conrad Way, Modesto, CA 95358 home-pic-0

1324 Conrad Way

Modesto, CA 95358

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,673Sq Ft
5,001Lot Size

Property Price

LIST PRICE$399,000
EST. MARKET VALUE
$438,432
8% BelowMARKET VALUE

SUMMARY

Analysis of 1324 Conrad Way, Modesto, CA 95358 reveals a Prime Investment Opportunity with a current list price of $399,000—significantly undercutting the $438,432 Fair Market Value by 8%. This valuation gap indicates a +$39,432 Instant Equity potential for buyers. 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

$438,432 +$39,432 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Modesto.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1324 Conrad Way
Subject
$399,000*
List Price
331,673$262-
A
1948 Boise Avenue
Sold
$425,000421,469$2890.3 mi
B
1732 Walpole Drive
Sold
$335,000421,469$2280.1 mi
C
1130 imperial Avenue
Sold
$434,500421,530$2840.4 mi
D
1112 Lassen Avenue
Sold
$300,000311,170$2560.5 mi
E
2408 Echo Park Court
Pending
$412,000
List Price
321,463$2820.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant interior updates including modern laminate flooring, fresh neutral paint, and recessed lighting. The kitchen has been refreshed with granite countertops and stainless steel appliances, and the bathrooms feature updated vanities and fixtures. While the home was built in 1988, the recent cosmetic renovations and well-maintained condition align with the 'good' category.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Living Space

    The home features a flexible floor plan with three bedrooms and the potential for a fourth, complemented by an oversized master retreat with dual sinks, making it ideal for growing families or home offices.

  • Move-In Ready Upgrades

    The interior has been refreshed with modern upgrades throughout, offering a turnkey experience that is highly attractive to first-time homebuyers looking to avoid immediate renovation costs.

  • Commuter-Friendly Location

    Ideally situated just minutes from the freeway and close to local shopping and dining, the property offers excellent accessibility and daily convenience for busy professionals.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5001, other record lot size in square feet = 4791.

  • Low School Ratings

    The local elementary and middle schools are rated 2 out of 10, which may be a significant drawback for families prioritizing high-performing educational environments.

  • Standard Lot Dimensions

    Despite being described as having a massive backyard, the 5,001-square-foot lot is relatively standard for the region, which may not meet the expectations of buyers seeking true acreage or expansive privacy.

About 1324 Conrad Way

Welcome home to 1324 Conrad Avenue! This spacious Modesto residence is a fantastic opportunity for first-time homebuyers looking for space, comfort, and a prime location. The home features a versatile floor plan with three bedrooms and the potential for a fourth, making it perfect for a growing family or a home office. You'll love the oversized master retreat, which boasts a private bathroom with his-and-her sinks. With upgrades throughout the interior, the home feels refreshed and move-in ready. One of the standout features is the massive backyard, offering endless possibilities for entertaining, gardening, or play. The property also includes additional storage to keep everything organized. Ideally situated just minutes from the freeway and close to local shopping and dining, this home combines daily convenience with plenty of room to roam. Don't miss out on this great find!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1988
Lot Size
5,001 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Modesto Unified Schools

Bret Harte Elementary School

Grades K-6 • 0.4 mi

2/10

Evelyn Hanshaw Middle School

Grades 7-8 • 0.5 mi

2/10

Thomas Downey High School

Grades 9-12 • 3.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
87%
Square foot1,6731,500
77%
Lot Size5,0016,399
19%
Price$399.0K$429.0K
32%
Price per sq ft$238$308
21%
Built year19881986
66%
HOA$0$0
50%
Days on market18165
2%

Pricing History

Listed for Sale

Feb 17, 2026

$399,000

Initial Listing

Sold

Jan 26, 2009

$104,000

Public Record

Sold

Dec 31, 2003

$215,000

Public Record

Sold

Mar 26, 1999

$104,000

Public Record

Sold

Jan 5, 1995

$1,500

Public Record

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