
Modesto, CA 95358
This Value-Add Residential Asset is currently listed at $379,999, which sits above the $280,356 Fair Market Value. Despite the pricing gap, the property offers a unique acquisition path via Seller Financing with a 30% down payment, bypassing traditional lending hurdles. The home carries a Condition Rating of 5, requiring extensive rehabilitation of the flooring and vanities to reach its full potential. With a 3-bedroom layout and private patio, this is a strategic entry point for Fix-and-Flip Investors or Contractors seeking a high-upside project in a no-HOA community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 624 Park Hurst Way Subject | $379,999* List Price | 3 | 2 | 1,463 | $202 | - |
A 1112 Lassen Avenue Sold | $300,000 | 3 | 1 | 1,170 | $256 | 0.4 mi |
B 1501 W Whitmore Avenue Sold | $335,000 | 3 | 1 | 1,171 | $286 | 0.6 mi |
C 1205 Cribari Drive Active | $395,000 List Price | 3 | 2 | 1,209 | $327 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property shows significant signs of deferred maintenance and requires substantial rehabilitation. Key issues identified in the images include a bathroom vanity with a peeling and damaged base, and a major flooring defect where a section of tile is missing, exposing a rough subfloor. Built in 1989, the home features dated fixtures, worn finishes, and an aging exterior fence in disrepair, suggesting it may not meet standard financing requirements in its current state.
The seller's willingness to offer financing with a 30% down payment provides a significant advantage for buyers who may face challenges with traditional lending or for investors seeking flexible acquisition terms.
Priced competitively at $379,999 for a 3-bedroom, 2-bathroom home, this property serves as an accessible entry point into the Modesto market for both owner-occupants and rental investors.
With zero association fees, the property offers lower monthly carrying costs and greater freedom for the homeowner compared to developments with restrictive covenants and recurring dues.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5750, other record lot size in square feet = 5662.
Built in 1989, the home is approaching a lifecycle stage where major systems like the roof, HVAC, or water heater may require inspection or replacement if they have not been recently updated.
The listing provides very limited information regarding the interior condition or recent renovations, which may indicate a need for cosmetic updates or repairs to bring the home to modern standards.
Great opportunity for a first-time buyer or investor. This single-story 3 bedroom, 2 bathroom home offers 1,463 square feet of living space with a functional layout, dining/family combo, kitchen with island, inside laundry, central heating and air, and an attached 2-car garage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,463 | 1,463 | 50% |
| Lot Size | 5,750 | 6,700 | 32% |
| Price | $380.0K | $429.0K | 26% |
| Price per sq ft | $260 | $311 | 23% |
| Built year | 1989 | 1985 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 180 | 2% |
Mar 19, 2026
$379,999
Initial Listing
Jun 28, 2010
$85,000
Public Record
Jun 9, 2008
$165,000
Public Record
Jul 29, 2005
$355,000
Public Record