3432 Colonial Drive, Modesto, CA 95350, Modesto, 95350 - 3 bed, 2 bath
3432 Colonial Drive
Modesto, CA 95350
Property Price
SUMMARY
Analysis of 3432 Colonial Drive, Modesto, CA 95350 reveals a property with a current list price of $445,000, which is 5% above the estimated $423,528 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3432 Colonial Drive Subject | $445,000* List Price | 3 | 2 | 1,322 | $320 | - |
A 2126 Monticello Avenue Sold | $373,000 | 3 | 1 | 1,096 | $340 | 1.0 mi |
B 608 Anchorage Avenue Sold | $432,000 | 3 | 2 | 1,236 | $350 | 0.5 mi |
C 1436 Montclair Drive Active | $450,000 List Price | 3 | 2 | 1,347 | $334 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1966, this property is described as a 'blank canvas,' indicating that while it is functional and move-in ready, it requires cosmetic updates to meet modern standards. Key improvements include newer flooring and a partially renovated primary bathroom, but the kitchen and overall aesthetic remain dated, consistent with a well-maintained home that has not undergone a full recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Primary Suite
The primary bathroom features a custom-updated shower with integrated Bluetooth technology and stylish lighting, offering a touch of modern luxury.
- Community Amenities
Residents benefit from a low monthly HOA that includes access to a community pool, providing excellent recreational value and lifestyle benefits.
- Outdoor Versatility
The property boasts a generous lot with potential for RV parking and ample space for outdoor entertaining or custom backyard development.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6199, other record lot size in square feet = 6098.
- Cosmetic Potential
Marketed as a 'blank canvas,' the home likely requires additional capital investment to update older sections and fully modernize the interior.
- Mid-Century Infrastructure
Built in 1966, the property may require ongoing maintenance or upgrades to its original systems to meet contemporary energy efficiency standards.
About 3432 Colonial Drive
Welcome to this 3-bedroom, 2-bath home located in an established Modesto neighborhood with a low HOA that includes access to a community poolan added bonus for everyday living and summer enjoyment. This home offers a great blank canvas with key upgrades already in place, making it easy to move in and personalize over time. The primary bathroom features an updated custom shower with stylish lighting and a built-in Bluetooth speaker light for a modern touch. Newer flowing flooring throughout the main living areas creates a clean, cohesive look. The front living room is filled with natural light from a large window, giving the space an open and inviting feel. The nice-sized lot provides outdoor flexibility with possible RV parking, room to entertain, or space to create your own backyard setup. Practical layout, comfortable living spaces, and low monthly HOA make this home a strong option for buyers seeking value, functionality, and future potential. Conveniently located near schools, shopping, and commuter routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 6,199 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $265 / 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 | 1,322 | 1,396 | 42% |
| Lot Size | 6,199 | 6,891 | 27% |
| Price | $445.0K | $431.0K | 58% |
| Price per sq ft | $337 | $313 | 70% |
| Built year | 1966 | 1960 | 72% |
| HOA | $265 | $0 | 98% |
| Days on market | 15 | 171 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$445,000
Initial Listing
Sold
Aug 6, 2020
$340,000
Public Record
Sold
Jan 31, 1996
$85,000
Public Record