4000 Fara Biundo, Modesto, CA 95355, Modesto, 95355 - 2 bed, 2 bath
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4000 Fara Biundo
Modesto, CA 95355
ACTIVE
CONDITION: FAIR
2Beds
2Baths
912Sq Ft
1,529Lot Size
Property Price
LIST PRICE$279,000
EST. MARKET VALUE
$273,726
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $279,000, positioned well below the $273,131 Fair Market Value by -2%. Featuring a Condition Rating of 4, this 1982-built condo offers a gated community setting and a rare attached two-car garage. While the interior is compact at 912 sqft, the private patio and low-maintenance layout provide immediate utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a secure, entry-level asset in Modesto.
Estimated Market Value
$273,726
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4000 Fara Biundo Subject | $279,000* List Price | 2 | 2 | 912 | $300 | - |
A 1108 Cedar Creek Drive 4 Sold | $315,000 | 2 | 2 | 1,064 | $296 | 0.3 mi |
B 1200 Lakewood Avenue 12 Sold | $305,000 | 2 | 2 | 960 | $318 | 1.0 mi |
C 4000 Fara Biundo 76 Active | $310,000 List Price | 2 | 2 | 912 | $340 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982 (44 years old), the property falls into the >20y category. While the description notes it is 'well-maintained' and 'comfortable,' the age suggests the kitchen, bathrooms, and systems are likely dated and will require minor repairs or cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Gated Community Security
Located within the Fara Estates, this property offers the privacy and safety of a gated community, which is a premium feature for residents seeking a secure environment.
- Attached Two-Car Garage
The rare inclusion of an attached two-car garage for a condominium provides significant value, offering both convenience and ample storage space that is often lacking in similar units.
- Low-Maintenance Turnkey Appeal
The well-maintained interior, open floor plan, and private patio offer a move-in-ready, low-maintenance lifestyle ideal for busy professionals or those looking to downsize.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1529, other record lot size in square feet = 1580.
- High Association Fees
The monthly HOA fee of $462 is relatively high compared to the listing price, which may impact overall monthly affordability and buyer interest.
- Compact Living Area
With only 912 square feet of living space for a two-bedroom home, the interior dimensions are quite modest, potentially limiting its appeal to larger households.
About 4000 Fara Biundo
Welcome to this well-maintained 2-bedroom, 2-bath condo located in the gated Fara Estates community. Featuring a bright and open floor plan, spacious living area, attached 2-car garage, and private patio, this home offers comfortable, low-maintenance living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 1,529 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $462 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 912 | 1,046.267 |
| Lot Size | 1,529 | 1,092.6 |
| Price | $279.0K | $256.1K |
| Price per sq ft | $306 | $242 |
| Built year | 1982 | 1980 |
| HOA | $462 | $484 |
| Days on market | 49 | 82 |
Pricing History
Listed for Sale
Jul 22, 2026
$279,000
Initial Listing
Sold
Jun 21, 2001
$88,000
Public Record