408 Thrasher Avenue, Modesto, CA 95354, Modesto, 95354 - 2 bed, 1 bath
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Modesto, CA 95354
This Modern Remodeled Bungalow is a Strong Value Opportunity, listed at $365,000—positioned well below the $395,459 Fair Market Value by 7%. This valuation gap provides $30,459 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the interior features an Updated Chef's Kitchen with stainless appliances and Luxury Vinyl Plank Flooring. The Expansive 8,002 sqft Lot offers significant ADU potential or RV storage, balancing lifestyle comfort with investment upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 Thrasher Avenue Subject | $365,000* List Price | 2 | 1 | 1,085 | $368 | - |
A 212 N Santa Cruz Sold | $390,000 | 2 | 1 | 933 | $418 | 0.6 mi |
B 211 Phoenix Avenue Sold | $400,000 | 2 | 1 | 1,140 | $351 | 0.6 mi |
C 212 N Santa Cruz Avenue Sold | $390,000 | 2 | 1 | 933 | $418 | 0.6 mi |
D 260 S Santa Cruz Sold | $365,000 | 3 | 2 | 1,226 | $298 | 0.3 mi |
E 2049 Miller Avenue Sold | $375,000 | 3 | 1 | 926 | $405 | 0.7 mi |
F 346 Severin Avenue Pending | $410,000 List Price | 2 | 1 | 986 | $416 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone an extensive and high-quality renovation within the last year. The interior is virtually new, featuring a modern kitchen with white shaker cabinetry, sleek stone countertops, a subway tile backsplash, and new stainless steel appliances. The home also boasts updated luxury vinyl plank flooring, fresh neutral paint, recessed lighting, and a fully remodeled bathroom with contemporary tiling and fixtures. The property shows no signs of deferred maintenance and meets all current aesthetic and functional quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8002, living area = 1085.
The home features a fully refreshed interior with new flooring, fresh paint, and a move-in ready aesthetic that appeals to buyers looking for a turnkey property.
The oversized 8,002 sqft lot provides significant flexibility for adding an ADU for rental income, RV/boat storage, or creating a custom outdoor living space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8002, other record lot size in square feet = 7840.
The property was recently sold within the past year on 2026-01-26. The sold price is $240,000.00.
With only two bedrooms and a single bathroom, the property's layout may be restrictive for growing families or those requiring a dedicated home office.
Welcome to this beautifully remodeled home situated on a huge lot full of potential. Inside, you'll find a bright and refreshed interior featuring new flooring, fresh paint, and an updated kitchen with modern cabinetry, sleek countertops, and stainless appliances. The standout feature of this property is the expansive lot, offering incredible flexibility. Whether you're considering adding an ADU for rental income or multigenerational living, creating your dream backyard, or using the space for RV, boat, or extra vehicle storage, the possibilities are endless. With a long driveway, gated access, and plenty of usable space, this property offers a rare opportunity for homeowners and investors alike. A move-in ready home with room to grow and endless potential.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,085 | 1,255 | 33% |
| Lot Size | 8,002 | 6,765 | 84% |
| Price | $365.0K | $400.0K | 33% |
| Price per sq ft | $336 | $306 | 64% |
| Built year | 1940 | 1949 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 180 | 4% |
Mar 6, 2026
$365,000
Initial Listing
Jan 26, 2026
$240,000
Public Record