
Modesto, CA 95358
This property presents a High-Potential Investment Opportunity with a List Price of $380,000—positioned well below the $382,064 Fair Market Value by 0.54%. This valuation gap offers $2,064 in Instant Equity. While the home has a Fair Condition Rating due to unfinished interior work and exterior wood rot, the Granite Kitchen and Oversized Lot provide significant upside. With Development Potential for an ADU, this is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2351 Ridge Road Subject | $368,500* List Price | 3 | 1 | 1,260 | $292 | - |
A 1409 Stockton Avenue Sold | $429,000 | 4 | 2 | 1,540 | $279 | 0.5 mi |
B 2344 Regal Road Pending | $349,988 List Price | 3 | 1 | 1,419 | $247 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although the kitchen and bathroom have received excellent modern renovations within the last 5 years (granite counters, shaker cabinets, and stainless appliances), the overall property is rated fair because it is not fully move-in ready; at least one bedroom remains unfinished with bare concrete floors and unpainted drywall, and the exterior deck shows signs of wood rot and neglect.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8133, living area = 1260.
The home features a stylishly updated kitchen with granite countertops, shaker-style cabinetry, and stainless steel appliances, providing a contemporary feel that appeals to modern buyers.
Situated on an oversized 8,133 sqft lot, the property offers significant space for outdoor entertaining and the potential to add an Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8133, other record lot size in square feet = 7840. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the property may face challenges accommodating larger households or guests, potentially impacting its market competitiveness.
Originally built in 1950, the home may require ongoing maintenance or future updates to aging core systems, such as plumbing or electrical, typical of properties from this era.
Set on an oversized lot in Modesto's Tuolumne Terrace neighborhood, this 3-bedroom, 1-bath home offers 1,260 sq ft of comfortable living space. The kitchen stands out with granite countertops, a tile backsplash, white shaker-style cabinetry, stainless steel appliances, and a gas range. The bathroom carries the same updated feel, with modern fixtures and finishes designed for easy daily use. A mud/laundry room adds extra storage and functionality, while natural light fills the living areas throughout. Outside, the expansive backyard offers room for a home garden, entertaining space, with additional potential for an ADU (buyer to verify with city/county zoning). Conveniently located near schools, shopping, and public transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,260 | 1,592.041 |
| Lot Size | 8,133 | 6,846.312 |
| Price | $368.5K | $462.1K |
| Price per sq ft | $292 | $298 |
| Built year | 1950 | 1977 |
| HOA | $0 | $155 |
| Days on market | 29 | 50 |
Aug 26, 2026
$368,500
$380,000
-3% Price Drop
Initial Listing
Aug 11, 2026
$380,000
Initial Listing
Oct 6, 2022
$360,000
Public Record
Nov 18, 2021
$350,000
Public Record
Jul 12, 2021
$210,000
Public Record
Aug 3, 2007
$157,500
Public Record
Jul 13, 2005
$265,000
Public Record