
Merced, California 95340
This Updated Mid-Century Residence is listed at $320,000, representing a stable entry point closely aligned with its $315,751 Fair Market Value. Boasting a Condition Rating of 4, the property features extensive mechanical upgrades including a 2017 roof, 2023 double-pane windows, and a 2024 water heater. The interior offers a versatile garage-converted bonus room, situated within the Merced City district walking distance to John C. Fremont Elementary. This property is an ideal match for first-time buyers or Buy-and-Hold Investors looking for a mechanically sound home with cosmetic value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1054 W 24th Subject | $320,000* List Price | 3 | 1 | 1,264 | $250 | - |
A 2331 R Street Sold | $259,000 | 3 | 1 | 1,040 | $249 | 0.0 mi |
B 944 W 18th Sold | $342,500 | 3 | 2 | 1,176 | $291 | 0.5 mi |
C 1665 Patricia Sold | $350,000 | 3 | 2 | 1,348 | $260 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1957 build that has benefited from significant recent mechanical and structural updates, including a newer roof (2017), HVAC (2013), double-pane windows (2023), and a water heater (2024). However, the interior condition remains dated and requires cosmetic attention to meet modern standards. The bathroom shows visible wear with peeling paint and basic fixtures, and the living areas feature dated tile flooring and lack closet doors in some rooms. While functional and move-in ready for an investor or first-time buyer, the home requires minor updates and repairs to its interior finishes.
The property boasts significant capital improvements including a newer roof (2017), HVAC system (2013), double-pane windows (2023), and a brand-new water heater (2024), offering peace of mind and energy efficiency.
Ideally situated within walking distance to John C. Fremont Elementary and the Applegate Zoo and park, this home offers excellent lifestyle convenience for families and outdoor enthusiasts.
The professional conversion of the single-car garage into a bonus room with French doors provides valuable additional square footage that can serve as a home office, playroom, or fourth bedroom.
With three bedrooms but only one bathroom, the home's layout may be a challenge for growing families and could limit the property's competitive edge compared to homes with a second bath.
The conversion of the garage to living space means the property lacks a traditional garage for vehicle storage or workshop use, which may be a drawback for certain buyers.
Perfect opportunity for first time homebuyer or investor. This small but mighty home has improvements that will allow you to move in and make it your cozy style! Roof replaced in 2017, HVAC/AC installed in 2013, insulated walls with R-13 insulation throughout the home completed in 2020, double pain windows installed in 2023, 30-gallon hot water heater installed in 2024, and a single car garage converted to a bonus room with french doors leading outside to the backyard. Walking distance to John C. Fremont Elementary and Applegate Zoo and park. Don't miss out on this wonderful opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,264 | 1,568 | 22% |
| Lot Size | 6,500 | 7,500 | 27% |
| Price | $320.0K | $375.0K | 22% |
| Price per sq ft | $253 | $246 | 59% |
| Built year | 1957 | 1964 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 162 | 2% |
Apr 13, 2026
$320,000
Initial Listing
Dec 23, 2011
$40,500
Public Record
Jan 3, 2006
$250,000
Public Record