1247 Aspen, Merced, California 95340, Merced, 95340 - 3 bed, 3 bath
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Merced, California 95340
This Three-Bedroom Townhouse asset is listed at $325,990, positioned above the $275,641 Fair Market Value. While the valuation reflects a premium, the property provides a high-utility 3-bed/3-bath configuration, fresh paint, and a Granite Kitchen near UC Merced. Holding a Condition Rating of 4, the interior requires a flooring overhaul and cosmetic updates to address dated finishes. The inclusion of a downstairs suite and a City Lights View enhances its rental yield potential within the Merced City High School District. This is a strategic Value-Add acquisition for Buy-and-Hold Investors or Owner-Occupants prepared to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1247 Aspen Subject | $325,990* List Price | 3 | 3 | 1,293 | $213 | - |
A 3033 Colony Park Sold | $275,000 | 2 | 2 | 1,146 | $240 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old). Although the kitchen and one bathroom have been updated with granite countertops and newer cabinetry, the home shows significant wear including heavily stained/soiled carpeting throughout. Additionally, at least one bathroom remains in original 1980s condition with dated laminate and linoleum. The property requires flooring replacement and further cosmetic updates to meet modern standards.
Situated just minutes from UC Merced and local amenities, this property offers excellent convenience and high rental potential for students or faculty.
The inclusion of a downstairs bedroom and full bathroom provides rare flexibility for guests, seniors, or multi-generational living arrangements.
Featuring granite countertops and fresh interior paint, the home presents a move-in-ready aesthetic that appeals to contemporary buyers.
With a lot size of only 2,778 square feet, outdoor space is limited, which may not suit buyers looking for a large private yard.
As a townhouse with shared walls and a 1989 build date, buyers may face less privacy compared to single-family homes and potential long-term maintenance common in older developments.
Experience comfort and convenience in this beautifully upgraded home located just minutes from UC Merced. The thoughtfully designed kitchen showcases stunning granite countertops, ample cabinetry, and a layout ideal for both entertaining and daily living. Fresh, newer interior paint enhances the home’s modern appeal. Floor plan includes a downstairs bedroom and bath, perfect for guests or extended family. Enjoy your morning coffee or evening unwind on the private second-level balcony. Complete with additional backyard storage and situated near shopping, dining, and local amenities—this home offers the perfect blend of style, function, and location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,293 | 1,255.5 | 50% |
| Lot Size | 2,778 | 2,992.01 | 50% |
| Price | $326.0K | $320.5K | 50% |
| Price per sq ft | $252 | $246 | 50% |
| Built year | 1989 | 1996 | 50% |
| HOA | $100.0 | $50 | 50% |
| Days on market | 3 | 143 | 25% |
Apr 19, 2026
$325,990
Initial Listing
Jul 26, 2021
$235,000
Public Record