215 Floyd Avenue 35, Modesto, CA 95350, Modesto, 95350 - 2 bed, 1 bath
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215 Floyd Avenue 35
Modesto, CA 95350
ACTIVE
CONDITION: FAIR
2Beds
1Baths
908Sq Ft
1,338Lot Size
Property Price
LIST PRICE$239,000
EST. MARKET VALUE
$281,757
15% BelowMARKET VALUE
SUMMARY
This single-story residence presents a High-Potential Investment Opportunity with a List Price of $239,000—positioned well below the $281,757 Fair Market Value by 15%. This valuation gap offers $42,757 in Instant Equity for buyers. While the home has a Fair Condition Rating due to dated interiors, recent exterior upgrades like a newer roof and windows provide a solid foundation. Featuring an in-ground swimming pool and proximity to Sherwood Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Estimated Market Value
$281,757+$42,757 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 |
|---|---|---|---|---|---|---|
★ 215 Floyd Avenue 35 Subject | $239,000* List Price | 2 | 1 | 908 | $310 | - |
A 1904 Aloha Way Active | $270,000 List Price | 3 | 1 | 956 | $282 | 0.6 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 1964, the property features a newer roof and windows which adds value, but the interior is significantly dated. The kitchen cabinetry shows visible wear and scuffing, and the presence of popcorn ceilings and older finishes suggests the interior has not been renovated in over 20 years, requiring cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Exterior Upgrades
The property features a newer roof and windows equipped with solar screens, providing improved energy efficiency and reducing immediate capital expenditure for the buyer.
- Functional Accessibility
This single-story home offers excellent convenience with covered parking located directly outside the back door and ample storage options both inside and out.
- Inclusive HOA Amenities
The association dues cover essential utilities including water, sewer, and garbage, while offering residents access to a community in-ground swimming pool for low-maintenance living.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $460 monthly HOA fee is relatively high for this price point, which may impact a buyer's debt-to-income ratio and overall monthly affordability.
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the layout may be less competitive compared to similar units that offer a second half-bath or master ensuite.
About 215 Floyd Avenue 35
Convivence abounds with this single story 2 bedroom 1 bath home close to local amenities and offers low maintenance living! Tile flooring, ceiling fans, kitchen is open to living area. Newer roof, and windows, windows have solar screens. Your covered Parking space is right out your back door. Storage on exterior as well as interior.Cozy outdoor patio. Water,sewer,garbage are included in HOA dues as well as ingound swimming pool!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 1,338 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $460 / Month
Neighborhood Insights
Modesto Unified Schools
Sherwood Elementary School
Grades K-5 • 0.4 mi
6/10
Somerset Middle School
Grades 6-8 • 0.5 mi
5/10
Fred C. Beyer High School
Grades 9-12 • 1.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 908 | 1,592.041 |
| Lot Size | 1,338 | 6,846.312 |
| Price | $239.0K | $462.1K |
| Price per sq ft | $263 | $298 |
| Built year | 1964 | 1977 |
| HOA | $460 | $155 |
| Days on market | 24 | 50 |
Pricing History
Listed for Sale
Aug 16, 2026
$239,000
Initial Listing
Sold
Nov 28, 2018
$156,000
Public Record
Sold
Feb 18, 2015
$71,500
Public Record
Sold
Sep 1, 1995
$50,000
Public Record