513 Algen Court, Modesto, CA 95358, Modesto, 95358 - 3 bed, 2 bath
Loading property details...
513 Algen Court
Modesto, CA 95358
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,120Sq Ft
4,569Lot Size
Property Price
LIST PRICE$389,900
EST. MARKET VALUE
$356,118
9% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $390,900—positioned well below the $356,303 Fair Market Value by -9%. While the home maintains a Fair Condition Rating (4/10) and requires cosmetic updates, the efficient open floor plan and lack of HOA fees provide a solid foundation for value-add improvements. Located in a commuter-friendly area, this asset is ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic renovations in a well-connected Modesto neighborhood.
Estimated Market Value
$356,118
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 |
|---|---|---|---|---|---|---|
★ 513 Algen Court Subject | $389,900* List Price | 3 | 2 | 1,120 | $318 | - |
A 309 Kirbys Mill Drive Sold | $417,000 | 4 | 2 | 1,486 | $281 | 0.3 mi |
B 837 Inyo Avenue Sold | $400,000 | 5 | 2 | 1,228 | $326 | 0.3 mi |
C 2408 Echo Park Court Sold | $416,000 | 3 | 2 | 1,463 | $284 | 0.3 mi |
D 1518 Plumas Avenue Sold | $360,000 | 3 | 1 | 1,256 | $287 | 0.8 mi |
E 417 Mount Everest Court Pending | $299,950 List Price | 3 | 2 | 1,200 | $250 | 0.1 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 1987 (37 years old), the property is dated. The kitchen features original cabinets that have been painted and older tile flooring; while granite counters were added, the mismatched appliances and overall aesthetic indicate a renovation older than 15 years. The home is functional but needs cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Commuter-Friendly Location
The property is ideally situated for commuters and offers close proximity to local shopping centers, enhancing daily convenience for residents.
- Efficient Open Floor Plan
Featuring a spacious great room concept, the layout maximizes the 1,120 square feet to create a functional and inviting living space.
- No HOA Fees
The absence of monthly association fees reduces the total cost of ownership, making it a more budget-friendly option compared to similar developments.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4569, other record lot size in square feet = 4266.
- Extended Market Time
With 87 days on the market and three consecutive price reductions, the property has faced challenges in securing a buyer at its initial price points.
- Low School Ratings
The assigned elementary and middle schools carry low ratings (2/10), which may limit the property's appeal to families prioritizing local education quality.
About 513 Algen Court
Home sweet home! Home features 3 bedrooms and 2 Full bath, spacious great room concept, spacious floor plan. Close to shopping and excellent for commuters!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 4,569 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Bret Harte Elementary School
Grades K-6 • 0.4 mi
2/10
Fairview Elementary School
Grades K-6 • 1.3 mi
3/10
Evelyn Hanshaw Middle School
Grades 7-8 • 0.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,120 | 1,592.041 |
| Lot Size | 4,569 | 6,846.312 |
| Price | $389.9K | $462.1K |
| Price per sq ft | $348 | $298 |
| Built year | 1987 | 1977 |
| HOA | $0 | $155 |
| Days on market | 107 | 50 |
Pricing History
Listed for Sale
Aug 27, 2026
$389,900
$390,900
+0% Price Increase
Initial Listing
Price Change
Jul 22, 2026
$390,900
$394,900
-1% Price Drop
Initial Listing
Price Change
Jun 9, 2026
$394,900
$399,900
-1% Price Drop
Initial Listing
Price Change
May 25, 2026
$399,900
Initial Listing
Sold
Sep 29, 2021
$350,000
Public Record
Sold
Nov 6, 2008
$65,000
Public Record
Sold
Sep 23, 2005
$290,000
Public Record
Sold
Jan 11, 2001
$95,000
Public Record