1600 Thorsen Avenue, Modesto, CA 95355, Modesto, 95355 - 3 bed, 2 bath
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Modesto, CA 95355
This Value-Add Residential Asset is listed at $399,900, positioned relative to its $373,278 Fair Market Value. Holding a Condition Rating of 4, the 1964 interior requires modernization of the kitchen, bathrooms, and flooring to reach peak market standards. The property’s primary value lies in its expansive 9,418 sqft Corner Lot featuring RV Access and a Bonus Flex Space not included in the official square footage. Located near Fred C. Beyer High School and Somerset Middle School, this home represents a stable acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1600 Thorsen Avenue Subject | $399,900* List Price | 3 | 2 | 1,088 | $343 | - |
A 3105 Keller Street Sold | $395,000 | 3 | 2 | 1,022 | $386 | 0.1 mi |
B 2025 Ellison Drive Sold | $315,000 | 3 | 1 | 1,052 | $299 | 0.9 mi |
C 3809 Meadowview Court Sold | $466,500 | 3 | 2 | 1,344 | $347 | 0.6 mi |
D 1808 Elder Lane Active | $424,950 List Price | 3 | 2 | 1,462 | $291 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1964 original that has been maintained but not modernized. The interior features dated wood paneling, popcorn ceilings, and original kitchen cabinetry showing visible wear. While the living areas have updated tile, the bedrooms contain heavily stained carpeting that requires immediate replacement. The kitchen and bathrooms are functional but require full aesthetic and fixture updates to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9418, living area = 1088.
The property sits on a generous 9,418 sqft corner lot featuring RV access and an extra-wide driveway, providing ample space for outdoor storage and potential expansion.
In addition to the three bedrooms, the home includes a versatile flex space not counted in the official square footage, offering extra room for a home office or hobby area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Built in 1964 and marketed as an opportunity for personal touches, the home likely requires cosmetic updates or modernization to meet contemporary standards.
With only 1,088 square feet of official living space for a three-bedroom layout, the interior rooms may feel small or constrained for larger households.
Terrific opportunity on a huge corner lot! Three bedrooms plus an additional flex space not uncluded in the square footage. RV access plus additional parking in the extra wide driveway. Fenced front yard with mature landscaping and lots of blooming roses. Two sheds in the back yard plus a large yard. Plenty of room to grow here and put your own personal touches.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,088 | 1,693 | 6% |
| Lot Size | 9,418 | 6,460 | 93% |
| Price | $399.9K | $465.0K | 12% |
| Price per sq ft | $368 | $288 | 93% |
| Built year | 1964 | 1982 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 170 | 2% |
Apr 7, 2026
$399,900
Initial Listing
Apr 12, 2012
$98,000
Public Record
May 22, 2009
$100,000
Public Record
Apr 23, 2001
$110,000
Public Record