Looks like a typical production Fender Japan Jazz bass from 1995 - 1996. Doesn't look to be modified. Generally the build quality on these instruments is very good, but they do have some shortcomings. For one, the instrument would benefit from better shielding. And though some like the pickups with bar magnets under the pole pieces, there are more players that prefer individual pole-piece magnets. Often the necks are a bit rubbery, but nice slim profiles if you like that kind of thing.
Usually good value for the price when new and command decent prices used if in good condition.
Instrument Technician, Toronto