1412 Picardy Drive, Modesto, CA 95351, Modesto, 95351 - 4 bed, 2 bath
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Modesto, CA 95351
This 4-Bedroom Single Family Residence presents a High-Potential Investment Opportunity, listed at $420,000—positioned well above the $403,566 Fair Market Value by 4%. While the property requires modernization, its Fair Condition Rating is balanced by a Large 8,237 SqFt Lot and a Versatile Detached Garage. The open-concept layout provides a functional foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic cosmetic updates in a commuter-friendly location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 Picardy Drive Subject | $399,950* List Price | 4 | 2 | 1,274 | $294 | - |
A 1321 Vernon Avenue Sold | $380,000 | 3 | 1 | 1,312 | $290 | 0.1 mi |
B 610 Hudson Lane Sold | $395,000 | 3 | 2 | 1,358 | $291 | 0.7 mi |
C 700 White Dove Circle Active | $410,000 List Price | 3 | 2 | 1,240 | $331 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, the home features some recent cosmetic updates including newer laminate flooring, carpet, and vinyl windows. However, the kitchen is significantly dated with older cabinetry, tile countertops, and a fluorescent light box, likely exceeding 20-30 years since its last major renovation. The presence of aged wood paneling in secondary rooms and an unlandscaped yard further justify a fair rating as the property requires modernization of key interior spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8237, living area = 1274.
The home is well-maintained with an open-concept floor plan, offering a bright and inviting atmosphere that allows for immediate occupancy without the need for initial renovations.
Situated on a generous 8,237 square foot lot, the property provides ample space for outdoor activities, gardening, and entertaining, which is a significant asset for the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8237, other record lot size in square feet = 7840. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With four bedrooms packed into 1,274 square feet, individual room sizes may feel cramped, potentially limiting furniture layout options for larger families.
Originally built in 1941, the property may feature older electrical or plumbing systems that might not meet the efficiency or capacity standards of modern construction.
Move-In Ready 4-Bedroom Home on a Large Lot! This well-maintained home features an open-concept floor plan, creating a bright and inviting living space. Enjoy spacious front and back yards with plenty of room for outdoor activities, gardening, or entertaining. The detached garage offers flexibility for parking, storage, a workshop, or other potential uses. Conveniently located near Highways 132 and 99 with easy access to Carpenter Road, shopping, dining, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,274 | - |
| Lot Size | 8,237 | - |
| Price | $399.9K | $458.5K |
| Price per sq ft | $314 | $300 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 48 |
Jun 26, 2026
$399,950
$420,000
-5% Price Drop
Initial Listing
Jun 19, 2026
$420,000
Initial Listing