114 Ostrander Court, Merced, California 95341, Merced, 95341 - 4 bed, 3 bath
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Merced, California 95341
Analysis of 114 Ostrander Court, Merced, California 95341 is currently available with a list price of $288,420. 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.
Property is moderate renovation needed.
Built in 2007, the property is approximately 19 years old, placing it at the end of the 'Good' age bracket but showing signs of transition into 'Fair.' The exterior photos reveal significant deferred maintenance, including an overgrown lawn and weeds in the driveway. Most notably, the listing price of $313,500 is a substantial decrease from its 2024 sale price of $405,000, which, combined with the lack of interior photos, strongly indicates the home requires cosmetic updates or minor repairs to the kitchen, bathrooms, and flooring to meet modern move-in standards.
Listed at $313,500, which is significantly lower than its 2024 sale price of $405,000, this property represents a high-equity opportunity for investors or budget-conscious buyers.
With 4 bedrooms, 3 bathrooms, and over 2,100 square feet of living space, the home offers a generous and functional floor plan suitable for larger families.
The property is ideally situated within walking distance to Weaver Middle School (0.25 miles) and less than a mile from Pioneer Elementary, providing great convenience for families with children.
The substantial price drop from previous market value suggests the home may require significant cosmetic or structural repairs, or is being sold in distressed condition.
The 5,267 square foot lot is relatively compact for a house of this size, resulting in a smaller backyard area for recreation or gardening.
Exceptional opportunity in Merced. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,164 | 1,509 | 90% |
| Lot Size | 5,267 | 5,135.5 | 57% |
| Price | $288.4K | $392.0K | 11% |
| Price per sq ft | $133 | $253 | 1% |
| Built year | 2007 | 2025 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 135 | 1% |
Apr 9, 2026
$288,420
$313,500
-8% Price Drop
Initial Listing
Mar 31, 2026
$313,500
Initial Listing
Apr 29, 2024
$405,000
Public Record
Oct 31, 2006
$399,500
Public Record