3324 Colonial Drive, Modesto, CA 95350, Modesto, 95350 - 3 bed, 2 bath
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3324 Colonial Drive
Modesto, CA 95350
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,459Sq Ft
5,863Lot Size
Property Price
LIST PRICE$429,999
EST. MARKET VALUE
$411,075
4% AboveMARKET VALUE
SUMMARY
This 3-bedroom, 2-bath single-family residence is a Strong Value Opportunity, listed at $429,999—positioned well below the $411,075 Fair Market Value by -4%. While the home maintains a Condition Rating of 4, featuring updated major systems like a newer roof and sewer line, the interior offers significant potential for cosmetic modernization. With a spacious lot, mature fruit trees, and possible RV access, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic interior updates.
Estimated Market Value
$411,075
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 |
|---|---|---|---|---|---|---|
★ 3324 Colonial Drive Subject | $429,999* List Price | 3 | 2 | 1,459 | $282 | - |
A 3216 Coventry Way Sold | $478,000 | 3 | 2 | 1,432 | $334 | 0.2 mi |
B 908 Kevin Court Sold | $378,000 | 2 | 1 | 1,265 | $299 | 0.1 mi |
C 1505 Hamilton Avenue Sold | $408,000 | 3 | 2 | 1,308 | $312 | 0.7 mi |
D 3217 Napier Drive Sold | $340,000 | 3 | 2 | 1,547 | $220 | 0.2 mi |
E 1213 Adel Street Sold | $430,000 | 4 | 2 | 1,649 | $261 | 0.9 mi |
F 3313 Colonial Drive Sold | $400,420 | 3 | 2 | 1,437 | $279 | 0.0 mi |
G 1008 Colonial Court Sold | $457,000 | 3 | 2 | 1,674 | $273 | 0.1 mi |
H 3141 Lisa Drive Sold | $370,000 | 3 | 2 | 1,409 | $263 | 0.8 mi |
I 3432 Colonial Drive Active | $435,000 List Price | 3 | 2 | 1,322 | $329 | 0.1 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 1966, the home is well-maintained but dated, featuring older tile countertops, popcorn ceilings, and original-style cabinetry in the kitchen and bathrooms. While major systems like the roof and sewer line have been updated, the interior finishes are likely over 20-30 years old and require cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Major System Upgrades
The inclusion of a newer roof and sewer line provides significant value and peace of mind, reducing the immediate need for high-cost capital expenditures.
- Functional Outdoor Features
The property offers possible RV access and a spacious backyard with mature fruit trees, catering to buyers needing extra storage for vehicles or outdoor hobbies.
- Interior Appeal
Featuring beautiful wood flooring and a dedicated indoor laundry room, the home combines classic aesthetic appeal with modern convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5863, other record lot size in square feet = 5662.
- Property Age
Built in 1966, the home may require ongoing maintenance or further modernization to meet contemporary energy efficiency and building standards.
- Recurring Association Fees
The $230 association fee adds to the monthly carrying costs, which may be a deterrent for buyers seeking a traditional detached home without recurring HOA obligations.
About 3324 Colonial Drive
Charming 3-bedroom, 2-bath home offers 1,459 sq. ft. of comfortable living space with plenty to appreciate inside and out. Step inside to find beautiful wood flooring throughout most of the home, plus the convenience of an indoor laundry room. Major improvements include a newer roof and newer sewer line, offering added peace of mind for the next owner. The property also features a two-car garage and possible RV access, providing extra room for vehicles, toys, or additional parking. Out back, enjoy a spacious yard complete with mature fruit trees, perfect for relaxing, gardening, entertaining, or creating your own outdoor retreat.Located in desirable modesto neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 5,863 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230 / Month
Neighborhood Insights
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 | 1,459 | 1,592.041 |
| Lot Size | 5,863 | 6,846.312 |
| Price | $430.0K | $462.1K |
| Price per sq ft | $295 | $298 |
| Built year | 1966 | 1977 |
| HOA | $230 | $155 |
| Days on market | 5 | 50 |
Pricing History
Listed for Sale
Sep 4, 2026
$429,999
Initial Listing
Sold
Mar 20, 2015
$199,000
Public Record