Investors Dream Opportunity! Unlock the potential of this expansive approx. 12,500 sq ft lot nestled in a charming and well-established neighborhood. With endless development possibilities, this property is perfect for a seasoned investor or builder ready to bring their vision to life. Whether you're looking to build new construction, add an ADU and/or pool, this is your canvas. Centrally located near downtown and offering easy access to nearby freeways, this lot combines convenience with opportunity. Zoned for growth and situated in a desirable area, this is a rare chance to capitalize on one of the few large parcels remaining in the neighborhood.
Sold for $260,000
$260,000
408 Palm Ave, Modesto, CA 95350
2beds
780sqft
Single Family Residence, Residential
Built in 1930
0.29 Acres Lot
$328,100 Zestimate®
$333/sqft
$1,833 Estimated rent
Home value
$328,100
$285,000 - $371,000
$1,833/mo
Zestimate® history
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Owner options
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$1,833/mo
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Rent Zestimate®
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$1,615/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 03:05am
Listed by:
Rich Lujan 02149094 408-594-5863,
Compass 650-462-1111
Bought with:
Juan Martinez, 01292920
HomeSmart PV & Associates
Source: MLSListings Inc,MLS#: ML82008296
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Central Forced Air Gas
Cooling
- Central Air
Interior area
- Total structure area: 780
- Total interior livable area: 780 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 1
Lot
- Size: 0.29 Acres
Details
- Parcel number: 112002041000
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Modesto
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Sold | $260,000+15.6%$333/sqft |
Source:  MLSListings Inc #ML82008296 Report a problem | ||
| 5/27/2025 | Pending sale | $225,000$288/sqft |
Source: MLSListings Inc #ML82008296 Report a problem | ||
| 5/24/2025 | Listed for sale | $225,000+21%$288/sqft |
Source: MLSListings Inc #ML82008296 Report a problem | ||
| 6/30/2016 | Sold | $186,000+24.8%$238/sqft |
Source: MetroList Services of CA #16036416 Report a problem | ||
| 7/1/2008 | Sold | $149,000+56.8%$191/sqft |
Source: MetroList Services of CA #70129023 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,575 +4.7% | $220,180 +2% |
| 2024 | $2,459 +1.5% | $215,863 +2% |
| 2023 | $2,423 +2.5% | $211,631 +2% |
Find assessor info on the county website
Neighborhood: 95350
Nearby schools
GreatSchools rating
- 4/10John Muir Elementary SchoolGrades: K-6Distance: 0.7 mi
- 4/10La Loma Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 4/10Thomas Downey High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: ModestoCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$328,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$328,100
- California
- Stanislaus County
- Modesto
- 95350
- 408 Palm Ave