3316 Mesquite Way, Modesto, CA 95355, Modesto, 95355 - 3 bed, 2 bath
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3316 Mesquite Way
Modesto, CA 95355
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,703Sq Ft
7,501Lot Size
Property Price
LIST PRICE$465,500
EST. MARKET VALUE
$468,962
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $465,500—positioned well below the $468,962 Fair Market Value by 0.74%. This valuation gap offers $3,462 in Instant Equity. The property maintains a Condition Rating of 4, featuring new dual-pane windows and a versatile floor plan with a private office. Located just 0.11 miles from Christine Sipherd Elementary, it offers a stable environment for Owner-Occupants or first-time buyers seeking a well-established community with significant long-term potential.
Estimated Market Value
$468,962
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 |
|---|---|---|---|---|---|---|
★ 3316 Mesquite Way Subject | $465,500* List Price | 3 | 2 | 1,703 | $275 | - |
A 3333 Mesquite Way Sold | $425,000 | 3 | 2 | 1,624 | $262 | 0.1 mi |
B 3544 Traveler Court Sold | $465,000 | 3 | 2 | 1,528 | $304 | 0.3 mi |
C 3544 Traveler Court Sold | $465,000 | 3 | 2 | 1,528 | $304 | 0.3 mi |
D 2912 Alder Creek Drive Sold | $435,000 | 3 | 2 | 1,750 | $249 | 0.4 mi |
E 2628 Turquoise Court Sold | $450,000 | 3 | 2 | 1,575 | $286 | 0.7 mi |
F 3345 Joshua Way Sold | $430,000 | 3 | 2 | 1,248 | $345 | 0.1 mi |
G 3413 Wild Palms Drive Sold | $445,000 | 3 | 2 | 1,546 | $288 | 0.2 mi |
H 3220 New London Lane Sold | $525,000 | 3 | 2 | 1,679 | $313 | 0.4 mi |
I 1217 Lillian Drive Active | $499,000 List Price | 3 | 2 | 1,954 | $255 | 0.2 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 1977, this home is well-maintained but shows its age. While it features recent cosmetic upgrades like new LVP flooring and dual-pane windows, the kitchen and bathrooms remain dated with original-style tile countertops, fluorescent light boxes, and popcorn ceilings throughout. It is functional and move-in ready but requires modern updates to the primary systems and wet areas to reach a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 1703.
- Flexible Living Space
The floor plan includes separate living and family rooms plus a dedicated office with a private entrance that can easily be converted into a fourth bedroom, offering excellent versatility for growing families or remote work.
- Energy Efficiency & Maintenance
The home features new dual-pane windows throughout for improved climate control and low-maintenance front and backyards, reducing long-term utility and upkeep costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7501, other record lot size in square feet = 7405.
- Market Stagnation
The property has undergone four price reductions and remained on the market for 56 days, which may suggest initial overpricing or buyer hesitation regarding the home's value proposition.
- Vintage Infrastructure
Built in 1977, the home may require updates to its original systems or cosmetic finishes to compete with more modern residential offerings in the Modesto area.
About 3316 Mesquite Way
PRICE REDUCTION! Seller offering $5k concession towards buyer non-recurring closing costs. Excellent opportunity to own a beautifully well-maintained home located in well-established community ready for you to move right in! This home features 3bedrooms, two full baths, spacious separate living and family rooms. Office off of living room with separate entrance from garage. Could easily be converted to a 4th bedroom. New dual-pane windows throughout providing plenty of sun light. Enjoy the breakfast bar off the kitchen for your early morning breakfasts. Lots of living space out back for entertaining or just relaxing. Low maintenance front and backyards. Nice play area for kids to enjoy in the backyard. Close to schools, parks and shopping.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 7,501 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
Modesto Unified Schools
Christine Sipherd Elementary School
Grades K-6 • 0.1 mi
5/10
Norman N. Glick Middle School
Grades 7-8 • 1.9 mi
3/10
Peter Johansen High School
Grades 9-12 • 1.4 mi
4/10
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 | 1,703 | 1,592.041 |
| Lot Size | 7,501 | 6,846.312 |
| Price | $465.5K | $462.1K |
| Price per sq ft | $273 | $298 |
| Built year | 1977 | 1977 |
| HOA | $0 | $155 |
| Days on market | 72 | 50 |
Pricing History
Listed for Sale
Aug 23, 2026
$465,500
$485,500
-4% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$485,500
$499,500
-3% Price Drop
Initial Listing
Price Change
Jul 13, 2026
$499,500
$515,000
-3% Price Drop
Initial Listing
Price Change
Jun 29, 2026
$515,000
Initial Listing
Sold
Jun 28, 2019
$325,000
Public Record
Sold
Aug 30, 2002
$184,000
Public Record