701 N 3rd Street, Patterson, CA 95363, Patterson, 95363 - 3 bed, 2 bath
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701 N 3rd Street
Patterson, CA 95363
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,826Sq Ft
11,160Lot Size
Property Price
LIST PRICE$500,000
EST. MARKET VALUE
$494,446
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned slightly above the $494,446 Fair Market Value. While the price reflects current market stability, the 11,160-square-foot corner lot and productive orchard offer significant utility. With a Condition Rating of 4, the home requires cosmetic modernization, providing a clear path for forced appreciation. This versatile asset is ideal for Buy-and-Hold Investors seeking rental demand or Owner-Occupants looking to leverage the expansive lot for hobbyist projects or workshops.
Estimated Market Value
$494,446
Based on Realkey algorithm analyzing recent comparable sales in Patterson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 N 3rd Street Subject | $500,000* List Price | 3 | 2 | 1,826 | $271 | - |
A 601 N 4th Street Sold | $500,000 | 3 | 2 | 1,722 | $290 | 0.1 mi |
B 312 Roxanne Drive Sold | $445,000 | 3 | 2 | 1,392 | $320 | 0.1 mi |
C 230 N 3rd Street Sold | $406,000 | 4 | 3 | 1,788 | $227 | 0.4 mi |
D 517 Nordell Sold | $455,000 | 3 | 2 | 1,283 | $355 | 0.8 mi |
E 217 Tyler Street Pending | $449,000 List Price | 3 | 2 | 1,499 | $300 | 0.6 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 1964, this 60-year-old home is functional but dated. The kitchen features older tile countertops and built-in appliances typical of a 20+ year old renovation. While the addition of solar panels is a positive system update, the overall age and interior descriptions suggest the property needs cosmetic updates and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11160, living area = 1826.
- Expansive Corner Lot
The generous 11,160-square-foot corner lot provides a unique 'mini ranch' feel with a productive orchard and ample space for RV or trailer parking.
- Versatile Storage & Workspace
With three separate storage sheds and extensive interior built-ins, the property offers exceptional utility for workshops, gardening, or hobbyist projects.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11160, other record lot size in square feet = 10890.
- Dated Interior Aesthetics
The 1964 construction features original-style tile counters and wood cabinetry, which may require modern cosmetic updates to appeal to contemporary buyers.
- Potential Age-Related Maintenance
Given the home's age, buyers may need to budget for upgrades to aging systems or structural components typical of a property from the mid-1960s.
About 701 N 3rd Street
Welcome to a one-of-a-kind mini ranch in Patterson. Set on a generous 11,160-square-foot corner lot, this 3-bedroom, 2-bath home offers 1,826 square feet of living space, mature trees, and a productive orchard with citrus, fig, and pomegranate trees. Enjoy RV or trailer parking, a covered patio, and three separate storage shedsideal for garden tools, orchard supplies, plant propagation, hobby projects, workshop use, or flexible storage. Inside, the home offers warmth and character throughout. The distinctive entryway opens to comfortable living spaces, including a living room with a substantial brick fireplace and an impressive wall of built-in storage. The kitchen features rich wood cabinetry, tile counters and backsplash, a double sink, a large tiled peninsula, built-in oven, and abundant cabinet and drawer storage. This versatile property blends space, functionality, and outdoor living, with room to enjoy the land and make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 11,160 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,826 | 1,894.452 |
| Lot Size | 11,160 | 6,037.516 |
| Price | $500.0K | $490.1K |
| Price per sq ft | $274 | $264 |
| Built year | 1964 | 2004 |
| HOA | $0 | $197 |
| Days on market | 2 | 77 |
Pricing History
Listed for Sale
Sep 7, 2026
$500,000
Initial Listing
Sold
Dec 21, 2017
$349,000
Public Record