702 Anchorage Avenue, Modesto, CA 95350, Modesto, 95350 - 3 bed, 2 bath
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702 Anchorage Avenue
Modesto, CA 95350
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,349Sq Ft
6,996Lot Size
Property Price
LIST PRICE$389,900
EST. MARKET VALUE
$385,635
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $409,000—positioned well below the $392,267 Fair Market Value by -4%. Featuring a Fair Condition Rating, the home requires a full interior rehab, offering significant upside for forced appreciation. The 1,349 SF floor plan—expandable to nearly 1,600 SF via the enclosed patio—provides a functional layout for value-add renovations. Located within walking distance to Woodrow Elementary and Grace M. Davis High School, this is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking a project.
Estimated Market Value
$385,635
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 |
|---|---|---|---|---|---|---|
★ 702 Anchorage Avenue Subject | $389,900* List Price | 3 | 2 | 1,349 | $286 | - |
A 1505 Hamilton Avenue Sold | $408,000 | 3 | 2 | 1,308 | $312 | 0.8 mi |
B 3313 Colonial Drive Sold | $400,420 | 3 | 2 | 1,437 | $279 | 0.3 mi |
C 1805 Aloha Way Sold | $375,000 | 3 | 1 | 1,056 | $355 | 1.0 mi |
D 412 Kavanagh Avenue Sold | $443,000 | 3 | 2 | 1,454 | $305 | 0.8 mi |
E 3217 Napier Drive Pending | $369,900 List Price | 3 | 2 | 1,547 | $239 | 0.2 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 1963 with no evidence of recent renovations. The interior shows heavily stained, outdated carpeting and significant clutter, while the exterior landscaping is neglected. Marketed as an investor opportunity 'below market value,' indicating the property likely requires a full rehab of the kitchen, bathrooms, and aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Pricing
Priced below market value, this property represents an excellent entry-level opportunity for first-time buyers or a high-yield potential for real estate investors.
- Prime School Proximity
The home is exceptionally well-located for families, situated within walking distance to Woodrow Elementary (0.17 miles) and Grace M. Davis High School (0.47 miles).
- Expanded Living Space
While the base square footage is 1,349, the 255-square-foot enclosed patio brings the total functional living area to nearly 1,600 square feet, featuring a desirable great room concept.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1963, the property may require updates to major systems or cosmetic modernizations to meet the expectations of contemporary buyers.
- Average School Ratings
Despite the convenient proximity to local schools, the current ratings (ranging from 4 to 5) may be a consideration for families prioritizing top-tier academic performance.
About 702 Anchorage Avenue
Single story located in Northgate area. This home features 3BR/2BA, 1349SF plus 22x11.6 enclosed patio, lots of windows, fantastic opportunity for first time buyers or investors. Priced below market value. Functional floor plan with great room concept with the enclosed patio it is close to 1600SF. Come take a look!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 6,996 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
Woodrow Elementary School
Grades K-5 • 0.2 mi
5/10
Somerset Middle School
Grades 6-8 • 1.3 mi
5/10
Grace M. Davis High School
Grades 9-12 • 0.5 mi
4/10
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 | 1,349 | 1,592.041 |
| Lot Size | 6,996 | 6,846.312 |
| Price | $389.9K | $462.1K |
| Price per sq ft | $289 | $298 |
| Built year | 1963 | 1977 |
| HOA | $0 | $155 |
| Days on market | 18 | 50 |
Pricing History
Listed for Sale
Sep 2, 2026
$389,900
$409,000
-5% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$409,000
Initial Listing