3424 Penny Lane, Modesto, CA 95354, Modesto, 95354 - 3 bed, 2 bath
3424 Penny Lane
Modesto, CA 95354
Property Price
SUMMARY
Analysis of 3424 Penny Lane, Modesto, CA 95354 reveals a Fairly Priced Property with a current list price of $410,000 aligned with the estimated $399,227 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3424 Penny Lane Subject | $410,000* List Price | 3 | 2 | 1,101 | $363 | - |
A 3249 Heatherwood Court Sold | $385,000 | 3 | 2 | 1,005 | $383 | 0.4 mi |
B 3105 Trudi Way Sold | $415,000 | 3 | 2 | 1,159 | $358 | 0.3 mi |
C 3320 Coulterville Drive Sold | $380,000 | 3 | 2 | 1,101 | $345 | 0.1 mi |
D 508 Mary Todd Lane Sold | $412,000 | 4 | 2 | 1,175 | $351 | 0.2 mi |
E 3320 Pinyon Pine Lane Sold | $420,000 | 3 | 2 | 1,255 | $335 | 0.2 mi |
F 204 Sabrina Lane Sold | $355,000 | 3 | 1 | 960 | $370 | 0.5 mi |
G 3117 Gibson Way Pending | $399,000 List Price | 3 | 2 | 1,228 | $325 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features a modernized kitchen with contemporary finishes, as highlighted in the listing description and property analysis. Although built in 1991, the home is well-maintained with strong curb appeal and updated interior elements that suggest it has undergone significant maintenance or partial renovation within the last 5 to 15 years, fitting the 'good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen
The home features an updated kitchen, providing a contemporary aesthetic and immediate value for buyers seeking move-in-ready interior finishes.
- Prime Location
Ideally situated with close proximity to schools, parks, and shopping centers, offering excellent convenience and lifestyle appeal for families.
- Strong Curb Appeal
The property is well-maintained with attractive curb appeal and a functional yard, presenting a welcoming first impression and pride of ownership.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5401, other record lot size in square feet = 5227.
- Compact Living Space
With only 1,101 square feet for a three-bedroom configuration, the interior living areas and bedrooms may feel small or restrictive for larger households.
- Aging Infrastructure
Built in 1991, the property may soon require capital investments for major systems such as the roof or HVAC if they have not been recently replaced.
About 3424 Penny Lane
Come preview your dream home! Step into this cozy 3bd/2bath home ready for its new owners. This home will check off everything you want in your next home...cozy, updated kitchen, good size yard, good curb appeal, and overall well kept home! You will love the proximity to schools, parks, and shopping centers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 5,401 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,101 | 1,310.5 | 30% |
| Lot Size | 5,401 | 6,845.5 | 19% |
| Price | $410.0K | $405.0K | 54% |
| Price per sq ft | $372 | $301 | 84% |
| Built year | 1991 | 1950 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 163 | 6% |
Pricing History
Listed for Sale
Jan 25, 2026
$410,000
Initial Listing
Sold
Jul 1, 2024
$424,000
Public Record
Sold
Aug 5, 2022
$395,000
Public Record
Sold
May 8, 2018
$260,000
Public Record
Sold
Sep 10, 2004
$240,000
Public Record
Sold
Aug 5, 2004
$190,000
Public Record