2309 Monte Carlo Avenue, Modesto, CA 95350, Modesto, 95350 - 3 bed, 2 bath
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2309 Monte Carlo Avenue
Modesto, CA 95350
PENDING
CONDITION: FAIR
3Beds
2Baths
1,701Sq Ft
6,390Lot Size
Property Price
LIST PRICE$429,900
EST. MARKET VALUE
$444,376
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Prime Investment Opportunity with a List Price of $429,900—positioned well below the $443,121 Fair Market Value by 2%. This valuation gap offers $13,221 in Instant Equity for the buyer. While the home maintains a Condition Rating of 4, its functional layout and private patio provide a solid foundation for modernization. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term value through strategic cosmetic updates.
Estimated Market Value
$444,376+$14,476 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 |
|---|---|---|---|---|---|---|
★ 2309 Monte Carlo Avenue Subject | $429,900* List Price | 3 | 2 | 1,701 | $261 | - |
A 1213 Adel Street Sold | $430,000 | 4 | 2 | 1,649 | $261 | 0.2 mi |
B 1505 Hamilton Avenue Sold | $408,000 | 3 | 2 | 1,308 | $312 | 0.5 mi |
C 1509 Idylwood Court Sold | $445,000 | 3 | 2 | 1,576 | $282 | 0.9 mi |
D 2306 Monticello Avenue Sold | $415,000 | 2 | 2 | 1,305 | $318 | 0.1 mi |
E 3217 Napier Drive Sold | $340,000 | 3 | 2 | 1,547 | $220 | 0.6 mi |
F 1718 Sandalwood Drive Sold | $440,000 | 3 | 2 | 1,357 | $324 | 0.7 mi |
G 507 Coronado Way Sold | $474,900 | 3 | 2 | 1,592 | $298 | 0.9 mi |
H 909 Mount Vernon Drive Sold | $465,000 | 3 | 2 | 1,901 | $245 | 0.2 mi |
I 2306 Monte Carlo Avenue Active | $439,000 List Price | 3 | 2 | 1,377 | $319 | 0.0 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 1958, this property is functional and move-in ready but significantly dated. While it features some newer laminate flooring and fresh interior paint, the kitchen cabinetry, white appliances, and bathroom vanities appear to be over 20 years old. The exterior landscaping is neglected, and the overall aesthetic requires modernization of core systems and fixtures to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The property is advertised as ready for immediate occupancy, offering a seamless transition for buyers looking to avoid the stress and cost of immediate renovations.
- Spacious Ranch Layout
With 1,701 square feet of living space, this classic ranch-style home provides a generous and functional floor plan that is highly sought after for its accessibility and flow.
- No HOA Fees
The absence of a homeowners association fee provides greater financial flexibility and lower monthly carrying costs for the homeowner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6390, other record lot size in square feet = 6098.
- Aging Infrastructure
Built in 1958, the property may require future updates to its core systems, such as electrical or plumbing, to meet modern efficiency and safety standards.
- Modest Lot Size
The 6,390 square foot lot is relatively standard for the area, which may limit options for significant outdoor expansions or large-scale landscaping projects.
About 2309 Monte Carlo Avenue
Discover a life of comfort and ease at 2309 Monte Carlo Ave in Modesto, CA,. This inviting residential property is ready for you to move in, offering a seamless transition to your new lifestyle. The exterior of this home presents a classic ranch architectural style, providing a timeless appeal. Step outside to a private yard, perfect for relaxation or outdoor activities, complemented by a patio ideal for al fresco dining or simply enjoying the California sunshine. An attached garage offers convenience and secure parking. Imagine the possibilities this delightful property offers for your next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,390 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 2.0 | 2.0 |
| Square foot | 1,701 | 1,592.041 |
| Lot Size | 6,390 | 6,846.312 |
| Price | $429.9K | $462.1K |
| Price per sq ft | $253 | $298 |
| Built year | 1958 | 1977 |
| HOA | $0 | $155 |
| Days on market | 38 | 50 |
Pricing History
Listed for Sale
Aug 2, 2026
$429,900
Initial Listing
Sold
Sep 30, 2022
$430,000
Public Record