1801 Theron Way, Modesto, CA 95351, Modesto, 95351 - 3 bed, 2 bath
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Modesto, CA 95351
This property represents a High-Potential Investment Opportunity with a List Price of $348,000—positioned well below the $401,954 Fair Market Value by 13%. This valuation gap provides $53,954 in Instant Equity for buyers ready to execute a value-add strategy. Marketed as a 'Handyman Special' with a Condition Score of 4, the asset features Owned Solar Power, a Functional Single-Story Layout, and a private Patio. While requiring cosmetic updates to the kitchen and flooring, the property offers significant ROI potential in a high-demand Modesto submarket. It is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1801 Theron Way Subject | $348,000* List Price | 3 | 2 | 1,311 | $307 | - |
A 610 Hudson Lane Sold | $395,000 | 3 | 2 | 1,358 | $291 | 0.3 mi |
B 2104 Olive Branch Drive Sold | $300,000 | 3 | 2 | 1,252 | $240 | 0.4 mi |
C 1105 Memory Lane Sold | $420,000 | 3 | 2 | 1,260 | $333 | 0.8 mi |
D 622 Josilane Sold | $325,000 | 3 | 2 | 1,120 | $290 | 0.3 mi |
E 700 White Dove Circle Active | $410,000 List Price | 3 | 2 | 1,240 | $331 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 and marketed as a 'Handyman Special,' the property is functional but shows significant signs of age. The kitchen and bathrooms feature dated tile countertops, original cabinetry, and older fixtures. While the home benefits from owned solar and central HVAC, the inconsistent flooring and unmaintained landscaping indicate a need for minor updates and cosmetic repairs to meet modern standards.
The inclusion of an owned solar power system provides significant long-term energy savings and adds immediate value to the property.
The home features a practical 3-bedroom, 2-bath floor plan with a primary suite retreat and indoor laundry, offering great accessibility and flow.
Ideally located with convenient access to major freeways, schools, shopping, and dining, making it a strong choice for commuters and local families.
Explicitly marketed as a handyman special, the property likely requires immediate capital investment for repairs and updates to reach its full potential.
The mix of four different flooring types (laminate, stone, tile, and vinyl) creates a lack of aesthetic cohesion that may require a unified replacement.
Handyman Specia! Discover this comfortable Modesto single-story home featuring 3 bedrooms, 2 baths, and 1,311 sq ft of functional living space. The kitchen includes a gas range cooktop/oven, tile counters, dishwasher, refrigerator, and a breakfast nook with bay windows providing natural light and a defined dining area. A mix of laminate floors, stone, tile, and vinyl flooring adds durability throughout. Enjoy a woodburning fireplace, central heating and cooling, ceiling fans, and solar power (owned). The primary suite includes a retreat area, and the home offers both stall shower and shower-over-tub options. Indoor laundry with gas/electric hookups for washer/dryer. Additional features: bay window, 2-car garage, and central AC. Offers convenient access to schools, transportation, dining, shopping, and freeways. A must see!
No exterior & parking available.
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 | 1,311 | 1,243 | 62% |
| Lot Size | 6,130 | 7,000 | 27% |
| Price | $348.0K | $390.0K | 31% |
| Price per sq ft | $265 | $311 | 31% |
| Built year | 1990 | 1960 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 168 | 1% |
Apr 11, 2026
$348,000
Initial Listing
Jan 26, 2009
$98,000
Public Record
Nov 26, 2003
$203,000
Public Record
Dec 28, 2001
$155,000
Public Record