509 Kerr Avenue, Modesto, CA 95354, Modesto, 95354 - 3 bed, 3 bath
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Modesto, CA 95354
This Modern Multi-Unit Property is a Strong Value Opportunity, listed at $525,000—positioned well above the $488,385 Fair Market Value by 7%. Built in 2019, the home maintains an Excellent Condition Rating, featuring a 3-bedroom main house and a 2-bedroom ADU on a generous 8,002 sq ft lot. While local school ratings are modest, the property’s Income Potential & Versatility makes it a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions with significant rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Kerr Avenue Subject | $525,000* List Price | 3 | 3 | 1,431 | $363 | - |
A 905 Roble Avenue Sold | $441,000 | 2 | 2 | 1,491 | $296 | 0.9 mi |
B 1820 Julian Avenue Sold | $430,000 | 3 | 2 | 1,542 | $279 | 0.9 mi |
C 346 Severin Avenue Sold | $410,000 | 2 | 1 | 986 | $416 | 0.8 mi |
D 2049 Miller Avenue Sold | $375,000 | 3 | 1 | 926 | $405 | 0.9 mi |
E 205 Loma Vista Way Sold | $460,000 | 3 | 2 | 1,345 | $342 | 1.0 mi |
F 131 Loma Vista Way Active | $475,000 List Price | 3 | 3 | 1,461 | $325 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and meets the criteria for excellent condition. The home features modern construction standards, contemporary kitchen and bathroom styles, and updated appliances. The inclusion of a newer 2-bedroom ADU and the overall well-maintained appearance of the 1,431 sq ft living space suggest minimal physical depreciation and no deferred maintenance.
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 = 1431.
The inclusion of a separate 2-bedroom ADU alongside the 3-bedroom main house provides exceptional value for multi-generational living or as a high-yield rental opportunity.
Built in 2019, the property offers the peace of mind and energy efficiency of a newer home, significantly reducing the likelihood of immediate maintenance issues common in older Modesto neighborhoods.
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 local assigned schools have low ratings (ranging from 2 to 4), which may be a concern for families prioritizing educational performance and could impact future resale velocity.
With five total bedrooms distributed across approximately 1,431 square feet, the individual room sizes and common living areas may feel cramped for larger families.
Modern 3-bedroom, 2-bath home built in 2019, plus a 2-bedroom ADU, on a generous 8,000 sq ft lot. Ample parking for RV or vehicles. Perfect for multi-generational living or rental potential.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,431 | - |
| Lot Size | 8,002 | - |
| Price | $525.0K | $458.5K |
| Price per sq ft | $367 | $300 |
| Built year | 2019 | 0 |
| HOA | $0 | $0 |
| Days on market | 509 | 48 |
May 11, 2026
$525,000
$489,000
+7% Price Increase
Initial Listing
Feb 28, 2025
$489,000
Initial Listing
Nov 12, 2019
$200,000
Public Record
Jun 24, 2019
$150,000
Public Record
Jan 9, 2017
$20,000
Public Record
Apr 14, 2016
$30,500
Public Record
Mar 24, 2016
$18,500
Public Record
Oct 30, 2015
$18,500
Public Record
Sep 8, 2015
$18,500
Public Record
Jan 31, 2001
$89,500
Public Record