3701 Colonial Drive 98, Modesto, CA 95356, Modesto, 95356 - 2 bed, 2 bath
3701 Colonial Drive 98
Modesto, CA 95356
Property Price
SUMMARY
Analysis of 3701 Colonial Drive 98, Modesto, CA 95356 is currently available with a list price of $269,900. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this condo is in functional condition but shows significant signs of being outdated. The kitchen features older oak-style cabinetry, laminate countertops, and basic white appliances. The bathrooms and light fixtures reflect older design trends, and while the unit appears well-maintained and move-in ready, it lacks the modern renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Listed at $269,900 for a 2-bedroom, 2-bathroom configuration, this property represents a highly accessible price point for first-time buyers or investors in the Modesto area.
- Excellent School Proximity
The property is ideally situated within walking distance of both Woodrow Elementary and Grace M. Davis High School, making it a practical choice for families with children.
- Established Community Appeal
Located in the Timberlake community, known for its unique water features and landscaping, this upper-story unit offers a serene living environment and enhanced privacy.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $533 per month is relatively high compared to the mortgage payment, which may impact a buyer's debt-to-income ratio and overall affordability.
- Potential for Modernization
Built in 1980, the unit may require cosmetic updates or modern upgrades to meet current market trends and maximize its future resale value.
About 3701 Colonial Drive 98
Upper story condo in the Timberlake community. Come take a look!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 963 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $533 / Month
Neighborhood Insights
Modesto Unified Schools
Woodrow Elementary School
Grades K-5 • 0.5 mi
Somerset Middle School
Grades 6-8 • 1.9 mi
Grace M. Davis High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 978 | 1,144 | 19% |
| Lot Size | 963 | 1,076.5 | 38% |
| Price | $269.9K | $263.8K | 56% |
| Price per sq ft | $276 | $251 | 69% |
| Built year | 1980 | 1980 | 50% |
| HOA | $533 | $493 | 88% |
| Days on market | 30 | 178 | 6% |
Pricing History
Listed for Sale
Feb 5, 2026
$269,900
Initial Listing
Sold
Aug 29, 2005
$197,000
Public Record
Sold
Jul 11, 2002
$99,500
Public Record