1418 Fordham Avenue, Modesto, CA 95350, Modesto, 95350 - 3 bed, 2 bath
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1418 Fordham Avenue
Modesto, CA 95350
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,009Sq Ft
7,022Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$493,355
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $493,356 Fair Market Value by 3%. This valuation gap offers $18,356 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers a flexible 2,009 sq ft layout with potential for a fourth bedroom. While cosmetic updates are required, the expansive 7,022 sq ft lot and desirable location near schools provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Estimated Market Value
$493,355+$18,355 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1418 Fordham Avenue Subject | $475,000* List Price | 3 | 2 | 2,009 | $246 | - |
A 1618 Oakwood Drive Sold | $410,000 | 3 | 2 | 1,347 | $304 | 0.5 mi |
B 1509 Idylwood Court Sold | $445,000 | 3 | 2 | 1,576 | $282 | 0.8 mi |
C 421 Myrtle Avenue Sold | $430,000 | 3 | 2 | 1,686 | $255 | 0.7 mi |
D 507 Coronado Way Sold | $474,900 | 3 | 2 | 1,592 | $298 | 1.0 mi |
E 1705 Concord Avenue Sold | $460,000 | 2 | 1 | 1,530 | $301 | 0.9 mi |
F 1317 Oakwood Drive Active | $445,000 List Price | 3 | 2 | 1,966 | $226 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, the home is functional and move-in ready but significantly dated. The kitchen features older tile countertops, 1980s/90s-era cabinetry, and aged appliances that likely exceed 20-30 years. While the hardwood floors and paint are in good condition, the property requires cosmetic modernization and likely updates to older systems to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
With over 2,000 sq ft and a flexible layout, this home offers the rare potential for a fourth bedroom or dedicated home office to suit modern family needs.
- Desirable Location
Ideally situated near top-rated schools, downtown dining, and local amenities, providing excellent convenience and lifestyle appeal for residents.
- Expansive Lot
The 7,022 sq ft lot features a spacious backyard, offering significant room for outdoor entertaining, gardening, or future property enhancements.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7022, other record lot size in square feet = 6969.
- Vintage Construction
Built in 1955, the property may require updates to its original systems or structural elements to meet contemporary building standards.
- Cosmetic Updating Required
The home is presented as an opportunity for customization, suggesting that buyers may need to budget for modernizing finishes and fixtures to realize its full potential.
About 1418 Fordham Avenue
Welcome to 1418 Fordham Ave, a spacious 3-bedroom, 2-bathroom home offering 2,009 sq ft of comfortable living space with potential for a fourth bedroom, office, or flex space. Abundant natural light fills the home, creating a bright and inviting atmosphere throughout. Generously sized living areas provide plenty of room for everyday living and entertaining, while ample storage space helps keep everything organized. Step outside to enjoy the spacious backyard, offering a great setting for outdoor gatherings, relaxation, or future possibilities. Conveniently located near great schools, downtown dining, shopping, and local amenities. A wonderful opportunity to make this well-sized Modesto home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 7,022 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,009 | 1,592.041 |
| Lot Size | 7,022 | 6,846.312 |
| Price | $475.0K | $462.1K |
| Price per sq ft | $236 | $298 |
| Built year | 1955 | 1977 |
| HOA | $0 | $155 |
| Days on market | 15 | 50 |
Pricing History
Listed for Sale
Aug 25, 2026
$475,000
Initial Listing
Sold
Sep 1, 2017
$330,000
Public Record
Sold
Aug 7, 2012
$179,000
Public Record
Sold
Apr 3, 2003
$246,000
Public Record
Sold
Apr 7, 2000
$162,000
Public Record