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

716 Crater Avenue, Modesto, CA 95351 home-pic-0

716 Crater Avenue

Modesto, CA 95351

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,133Sq Ft
5,175Lot Size

Property Price

LIST PRICE$394,499
EST. MARKET VALUE
$409,832
3% BelowMARKET VALUE

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

$409,832 +$15,333 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Modesto.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

2/10

Fairview Elementary School

Grades K-6 • 1.5 mi

3/10

Evelyn Hanshaw Middle School

Grades 7-8 • 0.3 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,1331,250
36%
Lot Size5,1756,556
16%
Price$394.5K$389.0K
55%
Price per sq ft$348$311
71%
Built year19921958
84%
HOA$0$0
50%
Days on market7166
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

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