217 Semple Street, Modesto, CA 95354, Modesto, 95354 - 2 bed, 1 bath
217 Semple Street
Modesto, CA 95354
Property Price
SUMMARY
Analysis of 217 Semple Street, Modesto, CA 95354 reveals a Prime Investment Opportunity with a current list price of $356,000—significantly undercutting the $382,778 Fair Market Value by 6%. This valuation gap indicates a +$26,778 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 217 Semple Street Subject | $356,000* List Price | 2 | 1 | 996 | $384 | - |
A 123 Maynell Avenue Sold | $375,000 | 2 | 2 | 1,045 | $359 | 0.4 mi |
B 212 N Santa Cruz Avenue Sold | $390,000 | 2 | 1 | 933 | $418 | 1.0 mi |
C 212 N Santa Cruz Sold | $390,000 | 2 | 1 | 933 | $418 | 1.0 mi |
D 414 Melrose Street Active | $359,000 List Price | 2 | 1 | 1,015 | $354 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite its 1921 original construction, the property has undergone a comprehensive, top-to-bottom renovation within the last 5 years, qualifying it for an excellent rating. The remodel includes a new roof, stucco, windows, and complete updates to major systems including plumbing, electrical, and HVAC. The interior features modern grey marble laminate flooring, new cabinetry, energy-efficient appliances, and updated fixtures, presenting a turn-key, like-new living environment with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovations
The property has undergone an extensive top-to-bottom remodel including a new roof, stucco, windows, flooring, and updated electrical, plumbing, and HVAC systems, offering a turn-key, like-new living experience.
- Significant Investment Potential
The large lot size provides a unique opportunity for investors or homeowners to build an additional dwelling unit (ADU), maximizing the property's value and rental income potential.
- Enhanced Outdoor Living
The backyard features a beautiful new gazebo and professional landscaping with front and rear sprinkler systems, creating an inviting space for outdoor entertainment and relaxation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5940, other record lot size in square feet = 5662. Living area discrepancy between mls listing and other public or private record. mls listing living area = 996, other record living area = 1143.
- Limited Interior Square Footage
With only 996 square feet of living space and a 2-bedroom, 1-bathroom configuration, the home may be too small for growing families or those requiring a dedicated home office.
- Century-Old Structure
Despite the modern updates, the original 1921 construction may still present challenges typical of older homes, such as smaller closet spaces or historical foundation characteristics.
About 217 Semple Street
This home a charm, REMODELED HOME! NEWER, COMP. ROOF, GREY MARBLE LAMINATE FLANK FLOORING, STUCCO, WINDOWS, BLINDS ALL NEW INTERIOR PAINT, DOORS, FIXTURES, ENERGY EFFICIENT APPLIANCES, CARPET IN BEDROOMS, CABINETS, LANDSCAPING-SPRINKLES F&R, BEAUTIFUL GAZEBO IN BACK YARD PLUMBING, ELECTRICAL AND A.C., WATER HEATER. You can have a semi new home at your budget. This home is a great invest and or a great starter home in a well established area in Modesto. Attention INVESTORS!!!! LARGE LOT, TO BUILD AN ADDITIONAL HOME.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 5,940 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 996 | 1,310.5 | 14% |
| Lot Size | 5,940 | 6,845.5 | 22% |
| Price | $356.0K | $402.5K | 24% |
| Price per sq ft | $357 | $301 | 79% |
| Built year | 1921 | 1949 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 163 | 4% |
Pricing History
Sold
Sep 5, 2019
$60,000
Public Record
Sold
May 28, 2008
$108,000
Public Record
Sold
Jun 15, 2006
$304,000
Public Record
Sold
Nov 27, 2002
$165,000
Public Record
Sold
Nov 27, 2002
$159,000
Public Record
Listed for Sale
$356,000
Initial Listing