
Modesto, CA 95351
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned slightly above the $420,513 Fair Market Value. While the home requires cosmetic updates, its Fair Condition Rating and functional 4-bedroom layout provide a clear path to forced appreciation. Featuring a spacious backyard and patio, the asset offers significant value-add potential for those willing to modernize the interior. Located near Highway 99, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 916 Fall River Drive Subject | $425,000* List Price | 4 | 3 | 1,599 | $267 | - |
A 1201 Crater Avenue Active | $439,900 List Price | 3 | 2 | 1,421 | $310 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is dated and shows significant cosmetic wear. While the kitchen features a granite countertop update, the bathrooms remain original with aging fixtures and peeling vinyl flooring. The carpets are heavily stained and require replacement, and the listing description explicitly identifies the home as an opportunity for a 'buyer with vision' to build equity through updates.
Strategically located near Highway 99 and Highway 132, this property offers excellent accessibility for commuters and is just minutes away from local shopping, dining, and essential services.
The home features a desirable four-bedroom configuration with vaulted ceilings and a cozy fireplace, providing a well-proportioned living space with ample natural light.
Marketed as a property with significant potential for personalization, it presents a prime opportunity for investors or handy homeowners to build equity through cosmetic updates and modernization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5001, other record lot size in square feet = 4791.
The listing indicates a need for 'thoughtful updates and care,' suggesting that the property may require immediate capital investment to address dated features or deferred maintenance.
The assigned public schools for this address have low performance ratings (ranging from 2 to 4), which may be a drawback for families and could impact future resale value.
Welcome to 916 Fall River Dr in Modesto, filled with opportunity and potential. Offering 4 bedrooms, 2.5 bathrooms, vaulted ceiling, a cozy fireplace and a spacious backyard, this home provides a functional layout with great natural light and room to make it your own. For the buyer with vision, this property presents an excellent opportunity to elevate and personalize the space with thoughtful updates and care. Whether you're looking to build equity, invest, or create a home tailored to your style, the possibilities here are undeniable. Conveniently located near Highway 99 and Highway 132, the home offers easy commuter access while being just minutes from shopping, dining, schools, parks, and local favorites throughout Modesto. Make this wonderful home yours today before you miss out!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.4 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,599 | - |
| Lot Size | 5,001 | - |
| Price | $425.0K | $458.5K |
| Price per sq ft | $266 | $300 |
| Built year | 1992 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 48 |
Jun 18, 2026
$425,000
Initial Listing
Mar 28, 2012
$112,000
Public Record
Jul 29, 2008
$153,500
Public Record
Nov 16, 2005
$385,000
Public Record
Feb 1, 2002
$170,000
Public Record