223 Rosemont Avenue, Modesto, CA 95351, Modesto, 95351 - 2 bed, 1 bath
223 Rosemont Avenue
Modesto, CA 95351
Property Price
SUMMARY
Analysis of 223 Rosemont Avenue, Modesto, CA 95351 reveals a Prime Investment Opportunity with a current list price of $310,000—significantly undercutting the $320,934 Fair Market Value by 3%. This valuation gap indicates a +$10,934 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 223 Rosemont Avenue Subject | $310,000* List Price | 2 | 1 | 1,088 | $295 | - |
A 411 Sierra Drive Sold | $285,000 | 2 | 1 | 832 | $343 | 0.3 mi |
B 622 Josilane Sold | $325,000 | 3 | 2 | 1,120 | $290 | 0.8 mi |
C 1518 Victor Way Sold | $390,000 | 3 | 2 | 1,134 | $344 | 0.9 mi |
D 306 Walnut Street Pending | $299,900 List Price | 2 | 1 | 997 | $301 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this 44-year-old property is categorized as a 'starter home' with 'future potential,' indicating it is functional but likely features dated interior finishes. While the home appears maintained, the lack of mention regarding recent renovations to the kitchen or bathrooms, combined with the marketing focus on 'making it your own,' suggests that the property requires cosmetic updates and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansion Potential
The property sits on an expansive, oversized lot, providing significant space for future additions, ADU potential, or a customized outdoor retreat.
- Strategic Location
Conveniently located near Highway 99 and thriving new developments, offering easy commuter access and proximity to schools, shopping, and dining.
- Investment Value
Positioned as an affordable starter home in a rapidly growing area, this property offers strong long-term appreciation potential for first-time buyers or investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Limited Living Space
With only two bedrooms and one bathroom, the 1,088-square-foot layout may be restrictive for growing families or those needing a home office.
- Highway Proximity
While convenient for commuting, the close proximity to Highway 99 may result in increased ambient traffic noise for the residents.
About 223 Rosemont Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 6,251 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 | 26% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,088 | 1,250 | 32% |
| Lot Size | 6,251 | 6,556 | 38% |
| Price | $310.0K | $387.0K | 18% |
| Price per sq ft | $285 | $311 | 38% |
| Built year | 1980 | 1958 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 166 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$310,000
$320,000
-3% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$320,000
Initial Listing
Sold
Nov 1, 1993
$60,000
Public Record