
Patterson, CA 95363
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well below the $379,133 Fair Market Value by 3%. This valuation gap offers $14,133 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Fair Condition Rating (4), the functional 1,238 SF layout and No HOA restrictions provide a solid foundation for forced appreciation. This is a value-add acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 Bennett Drive Subject 3 bd · 2 ba · 1,238 sqft · $306 | $365,000* List Price | 3 | 2 | 1,238 | $306 | - |
A 192 Torvend Way Pending 3 bd · 2 ba · 1,189 sqft · $336 · 0.1 mi | $399,000 List Price | 3 | 2 | 1,189 | $336 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property falls into the >20y age bracket. While the interior shows functional tile and laminate flooring, the listing explicitly states the home 'needs updating' and requires 'TLC,' indicating dated finishes and systems that need minor repairs to meet modern standards.
Priced competitively for the Patterson market, this home offers a significant opportunity for investors or first-time buyers to build immediate equity through cosmetic updates and renovations.
Built in 1996, the property includes desirable modern infrastructure such as central HVAC, a two-car garage, and a functional layout that serves as a solid foundation for improvements.
The absence of a Homeowners Association eliminates monthly dues and provides the owner with greater freedom and flexibility regarding property management and exterior modifications.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4095, other record lot size in square feet = 3920.
The home is noted to need updating and TLC, implying that the buyer will need to invest additional capital shortly after purchase to address deferred maintenance and aesthetic improvements.
At 4,095 square feet, the lot is relatively small for a single-family residence, which may limit outdoor living space and landscaping possibilities compared to larger neighboring parcels.
Great opportunity in Patterson! This 3-bedroom, 2-bath home offers good-sized bedrooms and a functional layout with 1,238 SF of living space. Built in 1996 with central HVAC, a 2-car garage, and laundry area, the home needs updating and is ready for its next owner to make it their own. No HOA. Ideal for an investor, first-time buyer, or anyone looking to build equity with a little TLC. Conveniently located near major employers with easy access to Highway 33. Bring your vision and make this Patterson home shine!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,238 | 1,957.787 |
| Lot Size | 4,095 | 6,127.553 |
| Price | $365.0K | $495.0K |
| Price per sq ft | $295 | $265 |
| Built year | 1996 | 1999 |
| HOA | $0 | $197 |
| Days on market | 23 | 69 |
Oct 1, 2026
$365,000
Initial Listing
Oct 11, 2011
$75,000
Public Record
Jun 22, 2001
$155,000
Public Record