315 M St, Patterson, CA 95363, Patterson, 95363 - 3 bed, 2 bath
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Patterson, CA 95363
This Strategic Value-Add Property is listed at $370,000—positioned below the $375,885 Fair Market Value by 1%. This competitive entry point provides $5,885 in Instant Equity. Currently maintaining a Condition Rating of 4, the home features updated tile flooring, wood laminate, and a private patio. The most significant asset is the existing ADU foundation and plumbing, offering a rare and immediate path for forced appreciation or rental income. This property represents a high-utility acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile primary residence with long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 M St Subject | $370,000* List Price | 3 | 2 | 1,290 | $291 | - |
A 871 Sperry Avenue Sold | $401,200 | 3 | 2 | 1,387 | $289 | 1.0 mi |
B 932 Arambel Drive Sold | $339,000 | 3 | 2 | 1,398 | $242 | 0.4 mi |
C 470 J Sold | $335,000 | 3 | 1 | 1,056 | $317 | 0.3 mi |
D 440 Eider Drive Sold | $420,000 | 3 | 2 | 1,327 | $317 | 0.7 mi |
E 1154 Kestrel Drive Sold | $465,000 | 3 | 2 | 1,523 | $305 | 0.9 mi |
F 324 Roadrunner Drive Sold | $385,000 | 3 | 2 | 1,523 | $253 | 0.7 mi |
G 192 Torvend Way Pending | $399,000 List Price | 3 | 2 | 1,189 | $336 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945, the home is well-maintained and clean but shows significant signs of age. While the flooring has been updated to tile and wood laminate and the kitchen includes a modern stainless steel refrigerator, the bathrooms are notably outdated with older vanities, medicine cabinets, and tile work. The kitchen also features dated laminate countertops. The property is move-in ready but requires cosmetic and likely system updates to meet modern quality standards.
The property includes an existing foundation and plumbing for a potential Accessory Dwelling Unit (ADU), providing a rare and valuable opportunity for rental income or multi-generational living.
The home features elegant tile flooring and stylish wood laminate in the kitchen, paired with an abundance of natural light that creates a modern and inviting living environment.
With three bedrooms and two full bathrooms within 1,290 square feet, the home offers a practical and flexible floor plan that is well-suited for families or investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1945, the property may require ongoing maintenance or upgrades to its older structural and mechanical systems to meet contemporary efficiency standards.
The 4,356 square foot lot is relatively small, meaning that utilizing the ADU potential would significantly reduce the remaining private outdoor yard space.
Charming and inviting home located in the thriving city of Patterson! Step inside and be welcomed by elegant tile flooring and an abundance of natural light that creates a warm and comfortable atmosphere throughout. The kitchen features stylish wood laminate flooring offering both functionality and appeal. This home includes three generously sized bedrooms and two bathrooms, providing comfort and flexibility for any lifestyle. One of the standout features is the existing foundation and plumbing for a potential ADU — a fantastic opportunity for additional living space, rental income, or a custom project. This property already shines, yet offers incredible potential to make it truly your own. Don’t miss this opportunity to turn this gem into the home of your dreams! All information provided is deemed reliable but not guaranteed. Buyer to verify all information, including but not limited to square footage, permits, ADU potential, and property features to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,290 | 1,998.5 | 9% |
| Lot Size | 4,356 | 6,087.5 | 5% |
| Price | $370.0K | $471.5K | 8% |
| Price per sq ft | $287 | $242 | 76% |
| Built year | 1945 | 1999 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 189 | 1% |
Apr 13, 2026
$370,000
Initial Listing
Nov 1, 2024
$341,000
Public Record
Jun 13, 2023
$340,000
Public Record