3701 Colonial Drive 164, Modesto, CA 95356, Modesto, 95356 - 2 bed, 2 bath
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Modesto, CA 95356
This Move-In Ready Condo is a Prime Investment Opportunity listed at $229,000—positioned well below the $239,236 Fair Market Value by 4%. This valuation gap offers $10,236 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the unit features stylish vinyl flooring and a serene community pond view. Residents benefit from extensive amenities including a pool, gym, and putting green, plus proximity to Woodrow Elementary School. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3701 Colonial Drive 164 Subject | $229,000* List Price | 2 | 2 | 978 | $245 | - |
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 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.
Built in 1980, the property has been well-maintained with significant cosmetic updates including modern vinyl plank flooring throughout and a newer stainless steel range. While the popcorn ceilings and some appliances are older, the unit is functional and move-in ready, fitting the 5-15 year renovation profile.
The complex offers a robust suite of amenities including a pool, gym, clubhouse, and putting green, providing significant lifestyle value and recreational options for residents.
Featuring stylish vinyl flooring throughout and a well-maintained interior, this condo is move-in ready, making it highly attractive to first-time buyers and investors.
The HOA fee covers essential services including water, sewer, and garbage, offering a simplified, low-maintenance lifestyle with predictable monthly expenses.
At $499 per month, the association fee is relatively high compared to the listing price, which may impact a buyer's debt-to-income ratio and overall affordability.
The 1.5-bathroom layout for a two-bedroom unit may be a disadvantage for households or roommates who prioritize having two full bathrooms for maximum convenience.
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 | 1,030.5 | 36% |
| Lot Size | 963 | 1,154 | 43% |
| Price | $229.0K | $266.4K | 29% |
| Price per sq ft | $234 | $263 | 29% |
| Built year | 1980 | 1980 | 50% |
| HOA | $499 | $494 | 57% |
| Days on market | 36 | 216 | 7% |
May 1, 2026
$229,000
Initial Listing
Dec 14, 2021
$239,000
Public Record
Aug 11, 2006
$203,000
Public Record
Jul 27, 2001
$82,000
Public Record