204 Palm Ave, Modesto, CA 95350, Modesto, 95350 - 3 bed, 1 bath
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204 Palm Ave
Modesto, CA 95350
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,192Sq Ft
7,858Lot Size
Property Price
LIST PRICE$410,000
EST. MARKET VALUE
$422,000
SUMMARY
This Spacious Single-Family Residence is a Prime Investment Opportunity, listed at $410,000—positioned well below the $422,001 Fair Market Value by 2%. This valuation gap offers $12,001 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring modern Central HVAC and Dual-Pane Windows on a large 7,858 sqft lot. Its central location near McHenry Village provides strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, move-in ready asset.
Estimated Market Value
$422,000
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 |
|---|---|---|---|---|---|---|
★ 204 Palm Ave Subject 3 bd · 1 ba · 1,192 sqft · $354 | $410,000* List Price | 3 | 1 | 1,192 | $354 | - |
A 1241 Marilyn Street Sold 3 bd · 1 ba · 1,141 sqft · $398 · 0.5 mi | $454,000 | 3 | 1 | 1,141 | $398 | 0.5 mi |
B 158 E Coolidge Avenue Sold 2 bd · 1 ba · 924 sqft · $406 · 0.4 mi | $375,000 | 2 | 1 | 924 | $406 | 0.4 mi |
C 805 Edison Avenue Sold 3 bd · 2 ba · 1,162 sqft · $400 · 0.4 mi | $465,000 | 3 | 2 | 1,162 | $400 | 0.4 mi |
D 444 Bermuda Way Sold 3 bd · 1 ba · 1,000 sqft · $365 · 0.7 mi | $365,000 | 3 | 1 | 1,000 | $365 | 0.7 mi |
E 1805 Aloha Way Sold 3 bd · 1 ba · 1,056 sqft · $355 · 0.9 mi | $375,000 | 3 | 1 | 1,056 | $355 | 0.9 mi |
F 316 Tokay Ave Active 3 bd · 2 ba · 1,146 sqft · $377 · 0.9 mi | $432,500 List Price | 3 | 2 | 1,146 | $377 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1948, the property has been well-maintained and updated to a move-in ready state. Key upgrades include central HVAC, dual-pane vinyl windows, and refreshed interiors with refinished hardwood floors and new carpeting. The kitchen and systems appear functional and updated within the last 10-15 years, meeting the criteria for a well-maintained, functional home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7858, living area = 1192.
- Prime Central Location
Situated in a well-established neighborhood near McHenry Village and Hwy 99, offering exceptional access to shopping, dining, and medical facilities.
- Generous Lot Size
The property features a large 7,858 sqft lot with spacious front and back yards, providing ample room for outdoor entertaining, gardening, or future expansions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may present a challenge for larger families or multi-resident households.
- Vintage Infrastructure
Built in 1948, the property may require more frequent maintenance or updates to its older structural and mechanical systems compared to newer constructions.
About 204 Palm Ave
Experience classic Modesto charm combined with modern convenience. This three-bedroom, one-bath home is situated in a well-established Central Modesto neighborhood just off McHenry Avenue. The property offers central heating and air conditioning, an open floor plan, and a large lot with spacious front and back yards. Enjoy ample space for outdoor entertaining, gardening, or relaxing in your private outdoor retreat. The home is conveniently located near McHenry Village, shopping, dining, medical facilities, and is just a short drive to Hwy 99.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,858 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 1.0 | 2.0 |
| Square foot | 1,192 | 1,595.344 |
| Lot Size | 7,858 | 6,731.123 |
| Price | $410.0K | $461.9K |
| Price per sq ft | $344 | $295 |
| Built year | 1948 | 1976 |
| HOA | $0 | $147 |
| Days on market | 4 | 52 |
Pricing History
Listed for Sale
Oct 20, 2026
$410,000
Initial Listing
Sold
Jul 12, 2018
$249,000
Public Record
Sold
Feb 28, 2014
$160,000
Public Record