805 Tully Rd 2, Modesto, CA 95350, Modesto, 95350 - 1 bed, 1 bath
805 Tully Rd 2
Modesto, CA 95350
Property Price
SUMMARY
Analysis of 805 Tully Rd 2, Modesto, CA 95350 is currently available with a list price of $195,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this property is aged and shows signs of being outdated, consistent with its 60-year history. The listing mentions that minor repairs are needed before closing, and the high HOA fee suggests ongoing maintenance for older infrastructure. While functional as a rental or investment, the kitchen and bathroom lack recent modern renovations, placing it firmly in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated within walking distance of Modesto Junior College and just minutes from Highway 99 and downtown, making it highly attractive to students and commuters.
- Investment Potential
With a competitive entry price point and the seller's commitment to completing minor repairs before closing, this unit represents a turnkey opportunity for rental investors.
- Community Amenities
Located in the quiet Newporter Condominiums, residents enjoy desirable lifestyle perks including a community swimming pool and a peaceful residential atmosphere.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $540 is substantial relative to the property's size and price, which may diminish monthly cash flow for investors and overall affordability.
- Aging Infrastructure
Built in 1964, the building's age may lead to higher long-term maintenance requirements and lacks the modern energy efficiency found in newer constructions.
About 805 Tully Rd 2
This well-located 1-bedroom, 1-bathroom condominium is situated in the quiet Newporter Condominiums community. Residents enjoy access to a community swimming pool for recreation. The property is conveniently located just minutes from Highway 99 and downtown Modesto, and within walking distance of Modesto Junior College. This unit presents a great opportunity for buyers seeking a rental or investment property. Minor repairs will be completed prior to the close of escrow.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 654 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $540 / Month
Neighborhood Insights
Modesto Unified Schools
John Fremont Elementary School
Grades K-6 • 0.6 mi
Roosevelt Junior High School
Grades 7-8 • 0.5 mi
Grace M. Davis High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 8% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 690 | 1,224 | 8% |
| Lot Size | 654 | 1,111 | 8% |
| Price | $195.0K | $280.0K | 15% |
| Price per sq ft | $283 | $234 | 85% |
| Built year | 1964 | 1979 | 8% |
| HOA | $540 | $450 | 77% |
| Days on market | 52 | 219 | 8% |
Pricing History
Listed for Sale
Jan 14, 2026
$195,000
Initial Listing
Sold
Oct 15, 2015
$52,500
Public Record
Sold
Dec 28, 2000
$40,000
Public Record