3701 Colonial Drive 164, Modesto, CA 95356, Modesto, 95356 - 2 bed, 2 bath
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Modesto, CA 95356
This Move-In Ready Condominium is a Prime Investment Opportunity, listed at $244,000—positioned well below the $250,519 Fair Market Value by 2%. This valuation gap offers $6,519 in Instant Equity for incoming buyers. Maintaining a Good Condition Rating, the interior features stylish vinyl flooring and a private patio. Residents enjoy resort-style amenities including a pool and gym, with proximity to Top-Rated Woodrow Elementary. This low-maintenance asset is a perfect fit for first-time buyers or downsizers seeking financial stability and lifestyle convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3701 Colonial Drive 164 Subject | $244,000* List Price | 2 | 2 | 978 | $256 | - |
A 3701 Colonial Drive 156 Sold | $225,000 | 2 | 2 | 978 | $230 | 0.0 mi |
B 3701 Colonial Drive 224 Sold | $272,900 | 2 | 2 | 978 | $279 | 0.1 mi |
C 3701 Colonial Drive 235 Sold | $262,500 | 2 | 2 | 1,041 | $252 | 0.1 mi |
D 3701 Colonial Drive 164 Active | $244,000 List Price | 2 | 2 | 978 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1980-built condo is in move-in ready condition due to several key updates. The interior features modern vinyl plank flooring throughout and a refreshed kitchen with updated stone countertops, a contemporary faucet, and stainless steel appliances. While some original features remain—such as popcorn ceilings, older cabinet frames, and dated bathroom medicine cabinets—the property has been well-maintained with fresh paint and updated fixtures, meeting the criteria for a 'good' rating.
The complex offers a robust suite of amenities including a clubhouse, pool, gym, and a unique putting green, providing significant lifestyle value for residents.
The unit features stylish vinyl flooring throughout, offering a modern aesthetic that is durable and easy to clean, making it ideal for investors or busy professionals.
The HOA fee covers essential utilities including water, sewer, and garbage, simplifying monthly budgeting and reducing out-of-pocket costs for the homeowner.
At $499 per month, the association dues are relatively high compared to the listing price, which may impact the debt-to-income ratio for some buyers.
With only 1.5 bathrooms, the lack of a second full bath may be a disadvantage for small families or those seeking a more traditional primary suite setup.
Welcome to 3701 Colonial Dr #164! This beautifully maintained 2-bedroom, 1.5-bathroom condo offers approximately 978 sq. ft. of comfortable living space with stylish vinyl flooring throughout. Located in a well-maintained complex, residents enjoy fantastic amenities, including a clubhouse, pool, gym, putting green, and picnic area perfect for relaxation and recreation. The HOA covers water, sewer, garbage, and common area maintenance, ensuring a hassle-free lifestyle. Conveniently situated near shopping, dining, and major commuter routes, this condo is a fantastic opportunity for first-time buyers, downsizers, or investors. Don't miss outschedule your showing today!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 978 | 1,041 | 28% |
| Lot Size | 963 | 1,076.5 | 39% |
| Price | $244.0K | $261.2K | 39% |
| Price per sq ft | $249 | $255 | 39% |
| Built year | 1980 | 1980 | 50% |
| HOA | $499 | $494 | 56% |
| Days on market | 16 | 181 | 6% |
Apr 6, 2026
$244,000
Initial Listing
Dec 14, 2021
$239,000
Public Record
Aug 11, 2006
$203,000
Public Record
Jul 27, 2001
$82,000
Public Record