2728 El Pasado Drive, Modesto, CA 95354, Modesto, 95354 - 3 bed, 2 bath

2728 El Pasado Drive, Modesto, CA 95354 home-pic-0

2728 El Pasado Drive

Modesto, CA 95354

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,788Sq Ft
3,360Lot Size

Property Price

LIST PRICE$365,000
EST. MARKET VALUE
$390,722
6% BelowMARKET VALUE

SUMMARY

Analysis of 2728 El Pasado Drive, Modesto, CA 95354 reveals a Prime Investment Opportunity with a current list price of $365,000—significantly undercutting the $390,722 Fair Market Value by 6%. This valuation gap indicates a +$25,722 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

$390,722 +$25,722 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Modesto.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2728 El Pasado Drive
Subject
$365,000*
List Price
321,788$219-
A
2620 El Charro Drive
Sold
$295,000421,463$2020.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1973, the home is well-maintained and clean but remains largely dated. While the master bathroom shower has been recently updated, the kitchen features older cabinetry and appliances, and the living areas contain aged carpeting and fixtures. It fits the 'fair' criteria as an aged property maintained through regular upkeep with functional but outdated major components.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Floor Plan

    The layout offers highly desirable ground-floor living with all bedrooms on the main level, plus a massive upstairs bonus room that can easily serve as a fourth bedroom or recreation space.

  • Extensive Community Amenities

    The low $98 HOA fee provides exceptional value, including access to two swimming pools, a spa, basketball courts, and a rare secured, gated parking lot for RVs.

  • Architectural Character

    The home features impressive cathedral beam ceilings in the living room and dual private courtyards, creating a unique indoor-outdoor flow and a sense of spaciousness.

CONSRISKS & DEFICIENCIES

  • Limited Private Yard

    With a lot size of 3,360 square feet, the property focuses on internal courtyards rather than a traditional large backyard, which may not suit buyers seeking significant green space.

  • Aged Infrastructure

    Built in 1973, the home may require further updates to its original systems or cosmetic finishes beyond the recently remodeled master shower to meet modern efficiency standards.

About 2728 El Pasado Drive

Need all the bedrooms on the ground floor, plus have room for an office/game room/den? This is one of the most popular floor plans made by this builder. One level ground floor, includes to private courtyard/patios. Master bedroom has a walk-in closet plus a 2nd closet, court yard access to a hot tub as well. Master bath just updated with a beautiful new shower stall. Huge living room with cathedral beam ceiling and access to both private courtyards. The upstairs room is large enough for a pool table and ping pong table. There's a closet as well in case you'd prefer a 4th bedroom. HOA features 2 swimming pools, basket ball court, spa, and more. Have an RV? there's a secured, gated parking lot for that as well.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1973
Lot Size
3,360 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$98 / Month

Neighborhood Insights

Modesto Unified Schools

Capistrano Elementary School

Grades K-6 • 0.1 mi

6/10

Norman N. Glick Middle School

Grades 7-8 • 1.8 mi

3/10

Peter Johansen High School

Grades 9-12 • 1.5 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,7881,313
83%
Lot Size3,3606,845.5
4%
Price$365.0K$402.5K
28%
Price per sq ft$204$299
11%
Built year19731950
73%
HOA$98$0
91%
Days on market45163
6%

Pricing History

Listed for Sale

Jan 21, 2026

$365,000

Initial Listing

Sold

Jun 29, 2009

$107,000

Public Record

Sold

May 8, 2007

$304,500

Public Record

Sold

May 21, 1998

$90,000

Public Record

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