
Modesto, CA 95350
This Value-Add Residential Property is listed at $375,000—positioned well below the $380,186 Fair Market Value by 1%. This valuation provides $5,186 in Instant Equity for buyers ready to modernize a functional floorplan. Currently holding a Fair Condition Rating, the home features a covered patio and low-maintenance yards, offering significant upside through cosmetic updates. Located near parks and central to schools with easy freeway access, this property is a strategic acquisition for first-time buyers or Owner-Occupants looking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2312 St James Place Subject | $375,000* List Price | 3 | 2 | 1,152 | $330 | - |
A 2728 Park Place Sold | $400,000 | 3 | 2 | 1,020 | $392 | 0.3 mi |
B 3104 Wollam Drive Sold | $405,000 | 3 | 2 | 1,152 | $352 | 0.8 mi |
C 2108 Janel Street Sold | $385,000 | 3 | 2 | 1,192 | $323 | 0.4 mi |
D 2404 Edmunds Avenue Sold | $410,000 | 3 | 2 | 1,492 | $275 | 0.4 mi |
E 3004 Woodrose Court Active | $415,000 List Price | 3 | 2 | 1,094 | $379 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this property is in fair condition, showing significant signs of age and dated finishes. The kitchen features older oak cabinetry and white appliances, though it has been partially updated with stone countertops. The bathrooms and light fixtures are dated, and the flooring shows wear. Exterior photos reveal deferred maintenance in the landscaping and weathered fencing. While functional and livable, the home requires cosmetic modernization and minor repairs throughout to meet current market standards.
The property is ideally situated near parks, schools, shopping, and restaurants with quick freeway access, offering excellent convenience for families and commuters.
Features low-maintenance yards and a covered patio with a privacy wall, providing a functional outdoor retreat without the burden of extensive upkeep.
Following significant price adjustments from an initial $465,000 to $375,000, the property is now positioned at a highly competitive entry-level price point for the Modesto area.
At 1,152 square feet for a three-bedroom home, the interior layout may feel restrictive or cramped for buyers seeking more spacious common areas.
The history of multiple price reductions and extended time on the market may lead potential buyers to question the property's condition or initial valuation.
Welcome to 2312 St James place, located near a park and central to schools, shopping, restaurants and freeway access! Low maintenance yards covered patio with privacy wall in front for possible 2nd patio to relax.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,446 | 22% |
| Lot Size | 5,000 | 6,817.14 | 6% |
| Price | $375.0K | $440.0K | 17% |
| Price per sq ft | $326 | $306 | 64% |
| Built year | 1978 | 1960 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 175 | 2% |
Apr 11, 2026
$375,000
$430,000
-13% Price Drop
Initial Listing
Mar 12, 2026
$430,000
$465,000
-8% Price Drop
Initial Listing
Mar 4, 2026
$465,000
Initial Listing