1126 Sprig Court, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
1126 Sprig Court
Merced, California 95340
Property Price
SUMMARY
Analysis of 1126 Sprig Court, Merced, California 95340 reveals a Prime Investment Opportunity with a current list price of $399,999—significantly undercutting the $420,918 Fair Market Value by 4%. This valuation gap indicates a +$20,919 Instant Equity potential for buyers. 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 Merced 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1126 Sprig Court Subject | $399,999* List Price | 3 | 2 | 1,824 | $231 | - |
A 3536 Trinity Court Sold | $385,000 | 4 | 2 | 1,981 | $194 | 0.8 mi |
B 3482 Arch Rock Road Sold | $395,000 | 3 | 2 | 1,527 | $259 | 0.8 mi |
C 3922 Black Hawk Sold | $400,000 | 3 | 2 | 1,591 | $251 | 0.1 mi |
D 2049 Spy Glass Court Sold | $498,000 | 4 | 3 | 1,917 | $260 | 0.8 mi |
E 562 Sunset Sold | $377,000 | 4 | 2 | 1,615 | $233 | 0.8 mi |
F 978 Doe Court Pending | $397,000 List Price | 3 | 2 | 1,578 | $252 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1998, this property is well-maintained but retains most of its original builder-grade finishes, including oak cabinetry, white tile countertops, and older carpeting. While the home features significant mechanical upgrades such as a newer water heater and a warranted A/C unit, the aesthetic condition is dated. The listing description explicitly invites buyers to 'personalize finishes,' confirming that while functional and move-in ready, the home has not undergone the comprehensive renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Lifestyle
Situated on a quiet court with direct access to bike trails and walking paths, this property offers a peaceful residential setting with excellent proximity to the local hospital.
- Major System Upgrades
The home provides significant peace of mind with a brand-new stove, a water heater replaced last year, and an A/C unit with approximately seven years of warranty remaining.
- Equity Building Potential
With 1,824 sq ft of living space and a functional floor plan, this property is competitively priced to allow buyers to personalize finishes and build immediate equity.
CONSRISKS & DEFICIENCIES
- Cosmetic Refresh Required
The property is positioned as an opportunity to personalize finishes, suggesting that the interior may require aesthetic updates or modernizing to reach its full potential.
- Average School Ratings
While located in a sought-after district, the assigned middle and high schools currently hold average ratings, which may be a consideration for education-focused families.
About 1126 Sprig Court
Major price improvement! Spacious 3-bedroom, 2 bath home offering 1,824 sq ft of living space on a 7,243 sq ft lot in a highly desirable neighborhood. Ideally located next to the hospital and within great school districts, this property sits on a quiet court with direct access to a nearby bike trail and walking path — offering both convenience and lifestyle appeal. Featuring a functional floor plan with generous living areas, this home presents a fantastic opportunity for buyers looking to personalize finishes and build equity in a pristine neighborhood. With its size, location, and value, this is one of the strongest opportunities in the area. The kitchen includes a brand-new stove, and major upgrades provide peace of mind, including a water heater replaced last year and still under warranty, along with an A/C unit with approximately seven years remaining on a 10-year warranty. Now competitively priced for immediate attention — schedule your private showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 7,243 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Merced Unified Schools
Allan Peterson Elementary School
Grades K-6 • 0.7 mi
Rudolph Rivera Elementary
Grades K-6 • 1.6 mi
Herbert H. Cruickshank Middle School
Grades 7-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,824 | 1,566 | 64% |
| Lot Size | 7,243 | 7,500 | 35% |
| Price | $400.0K | $360.0K | 67% |
| Price per sq ft | $219 | $244 | 33% |
| Built year | 1998 | 1967 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 171 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$399,999
$434,900
-8% Price Drop
Initial Listing
Price Change
Feb 28, 2026
$434,900
Initial Listing
Price Change
Feb 5, 2026
$449,900
Initial Listing
Sold
Jan 22, 2016
$290,000
Public Record
Sold
Sep 25, 1998
$150,500
Public Record