510 S Washington St, Modesto, CA 95351, Modesto, 95351 - 2 bed, 1 bath
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510 S Washington St
Modesto, CA 95351
ACTIVE
CONDITION: POOR
2Beds
1Baths
648Sq Ft
0Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$260,686
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well below the $260,686 Fair Market Value by -5%. As a 1921-built Single Family Residence, the property features a Condition Rating of 5, indicating a need for comprehensive system updates. While the 648 sqft footprint is compact, the lack of HOA fees and detached land ownership provide significant flexibility for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Contractors seeking a low-capital entry point in the Modesto market.
Estimated Market Value
$260,686
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 |
|---|---|---|---|---|---|---|
★ 510 S Washington St Subject 2 bd · 1 ba · 648 sqft · $402 | $275,000* List Price | 2 | 1 | 648 | $402 | - |
A 437 Oak Sold 2 bd · 1 ba · 784 sqft · $383 · 0.4 mi | $300,000 | 2 | 1 | 784 | $383 | 0.4 mi |
B 322 Pine Street Active 2 bd · 1 ba · 772 sqft · $401 · 0.3 mi | $309,900 List Price | 2 | 1 | 772 | $401 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1921, this property is over 100 years old. Without evidence of a major renovation within the last 30 years, the kitchen, bathrooms, and critical systems like HVAC and electrical are likely well beyond their useful life and require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Listed at $275,000, this property offers a highly accessible price point for the Modesto market, making it an attractive option for first-time homebuyers or investors seeking a low-capital entry.
- No HOA Obligations
The absence of an association fee provides the owner with lower monthly carrying costs and greater freedom to manage and improve the property without restrictive community guidelines.
- Detached Single-Family Value
As a detached residence rather than a condo or townhome, the property provides full land ownership and privacy, which typically yields better long-term appreciation and renovation flexibility.
CONSRISKS & DEFICIENCIES
- Extremely Limited Living Space
With only 648 square feet of living area, the interior is exceptionally small for a two-bedroom layout, which may pose challenges for furniture placement and overall functionality.
- Significant Age and Potential Deferred Maintenance
Built in 1921, this century-old structure likely requires substantial updates to its core systems, such as plumbing, electrical, and foundation, to meet modern safety and efficiency standards.
About 510 S Washington St
Exceptional opportunity in Modesto. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 648 | 1,595.344 |
| Lot Size | - | 6,731.123 |
| Price | $275.0K | $461.9K |
| Price per sq ft | $424 | $295 |
| Built year | 1921 | 1976 |
| HOA | $0 | $147 |
| Days on market | 12 | 52 |
Pricing History
Listed for Sale
Oct 12, 2026
$275,000
Initial Listing
Sold
Jul 16, 2010
$34,000
Public Record
Sold
May 18, 2009
$21,500
Public Record
Sold
Sep 3, 1999
$44,000
Public Record