716 Crater Avenue, Modesto, CA 95351, Modesto, 95351 - 3 bed, 2 bath

716 Crater Avenue
Modesto, CA 95351
Property Price
SUMMARY
Analysis of 716 Crater Avenue, Modesto, CA 95351 reveals a Prime Investment Opportunity with a current list price of $394,499—significantly undercutting the $409,832 Fair Market Value by 3%. This valuation gap indicates a +$15,333 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1992, the property has undergone extensive recent renovations that meet current quality standards. Key upgrades include a modernized kitchen with sleek stone countertops and shaker cabinetry, a master ensuite with a double vanity and custom-tiled walk-in shower, and new redwood fencing. The home is move-in ready with high-end finishes and no apparent deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior Finishes
The home is move-in ready with high-end upgrades, including stone countertops, shaker cabinetry, and a master ensuite featuring a double vanity and a custom-tiled walk-in shower.
- Enhanced Outdoor Utility
The property offers excellent exterior value with new redwood fencing, a dedicated storage shed, and ample space for RV or boat parking, catering to outdoor enthusiasts.
- Scenic and Serene Setting
Boasting a prime location with views of the green belt and golf course, the home provides a tranquil atmosphere with convenient access to riverfront walking trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5175, other record lot size in square feet = 4791.
- Compact Living Area
At 1,133 square feet for a three-bedroom configuration, the interior footprint is relatively small, which may limit furniture placement and overall spaciousness for larger households.
- Underperforming School District
The assigned public schools carry low ratings (ranging from 2 to 4), which could be a significant drawback for families and may impact future property appreciation.
About 716 Crater Avenue
Welcome to 716 Crater Ave in Modesto, CA a comfy, move-in-ready home that's basically saying, Kick your shoes off and stay awhile.'' Step into the living room and you'll instantly feel the wow-factor: tall, vaulted ceilings that make the space feel big, bright, and airy. Front and center is a cozy fireplace, perfect for movie nights, holiday mornings, or just soaking up the good vibes. The kitchen is ready for action with sleek stone countertops for all your chopping, prepping, and snack-building needs, plus crisp shaker cabinets that bring style and plenty of storage to the party. Need your own little hideaway? The Master bedroom contains an ensuite bathroom, giving you that private retreat'' feel. Inside you'll find a double vanity (because sharing a sink is overrated) and a beautifully tiled walk-in shower that feels like a daily refresh button. The open floor plan keeps everything flowing, so entertaining, relaxing, and everyday living all feel easy and connected. Outside, the fun continues with a patio for BBQs, morning coffee, or sunset hangs, plus a shed for tools, toys, or weekend projects. The yard is wrapped in new redwood fencing and gates, giving you privacy with a polished look and yes, RV or boat? No problem. And the setting? Pure magic. Gaze from the front porch toward the green belt and golf course, then take a stroll along the river when you're ready to unwind. It's the kind of place that makes you breathe a little deeper and smile a little more truly magical.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 5,175 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
Shackelford Elementary School
Grades K-6 • 0.6 mi
Fairview Elementary School
Grades K-6 • 1.5 mi
Evelyn Hanshaw Middle School
Grades 7-8 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,133 | 1,250 | 36% |
| Lot Size | 5,175 | 6,556 | 16% |
| Price | $394.5K | $389.0K | 55% |
| Price per sq ft | $348 | $311 | 71% |
| Built year | 1992 | 1958 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 166 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$394,499
Initial Listing
Sold
Mar 6, 2009
$89,000
Public Record
Sold
Aug 10, 2005
$309,000
Public Record
Sold
Sep 8, 1999
$90,000
Public Record






































