223 Rosemont Avenue, Modesto, CA 95351, Modesto, 95351 - 2 bed, 1 bath
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Modesto, CA 95351
This Functional Starter Home represents a Prime Investment Opportunity, with a List Price of $295,000—positioned well below the $302,934 Fair Market Value by 2%. This valuation provides $7,934 in Instant Equity. While maintaining a Condition Rating of 4, the property features Updated Laminate Flooring and an Expansive 6,251 Sqft Lot with a Private Patio. Its strategic location near Highway 99 ensures strong rental demand and commuter ease. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 Rosemont Avenue Subject | $295,000* List Price | 2 | 1 | 1,088 | $278 | - |
A 306 Walnut Street Sold | $290,000 | 2 | 1 | 997 | $291 | 0.5 mi |
B 411 Sierra Drive Sold | $285,000 | 2 | 1 | 832 | $343 | 0.3 mi |
C 305 S Madison Street Sold | $325,000 | 3 | 1 | 1,300 | $250 | 0.7 mi |
D 1546 Kazmir Court Sold | $310,000 | 2 | 1 | 913 | $340 | 0.9 mi |
E 1708 Rouse Avenue Active | $350,000 List Price | 3 | 1 | 1,083 | $323 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is a well-maintained but dated starter home. While the living area features updated laminate flooring, the kitchen and bathroom retain older styles, including oak-colored cabinetry, dated tile work, and basic white appliances. The property shows signs of regular upkeep but lacks the comprehensive modern renovations required for a higher rating. The listing's emphasis on 'future potential' and 'making it your own,' combined with several price reductions, aligns with a home that is functional but requires cosmetic updates to meet current market standards.
The property sits on an oversized lot that offers significant space for outdoor recreation, gardening, or potential future structural expansion.
Conveniently located near Highway 99 and thriving new developments, the home provides excellent commuter access and proximity to shopping and dining.
As a charming starter home in a rapidly growing area, this property represents a strong opportunity for first-time buyers to build equity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6251, other record lot size in square feet = 6098.
With only two bedrooms and one bathroom, the home's footprint may be too restrictive for growing families or those needing a dedicated home office.
The history of multiple price reductions suggests the property has struggled to find market alignment, which may indicate a need for updates or repairs.
This charming starter home sits on an expansive, oversized lot near Highway 99, delivering the perfect blend of space, convenience, and future potential. Ideally located near thriving new developments,schools, and a variety of shopping and dining options, this property offers both everyday comfort and long-term investment appeal. With plenty of room to expand, garden, or design your ideal outdoor retreat, the possibilities are endless. Don't miss this opportunity to own in a rapidly growing area with room to truly make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,088 | 1,238 | 34% |
| Lot Size | 6,251 | 7,000 | 35% |
| Price | $295.0K | $390.0K | 17% |
| Price per sq ft | $271 | $311 | 31% |
| Built year | 1980 | 1960 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 168 | 6% |
Mar 18, 2026
$295,000
$310,000
-5% Price Drop
Initial Listing
Mar 3, 2026
$310,000
$320,000
-3% Price Drop
Initial Listing
Feb 20, 2026
$320,000
Initial Listing
Nov 1, 1993
$60,000
Public Record