1255 Carol, Merced, California 95341, Merced, 95341 - 2 bed, 1 bath
1255 Carol
Merced, California 95341
Property Price
SUMMARY
Analysis of 1255 Carol, Merced, California 95341 reveals a property with a current list price of $231,000, which is 3% above the estimated $223,961 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 1255 Carol Subject | $231,000* List Price | 2 | 1 | 878 | $255 | - |
A 1616 E 21st Street Sold | $270,000 | 3 | 2 | 1,092 | $247 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1945, this home is in habitable condition but shows significant signs of age. The kitchen features dated cabinetry and older white appliances, while the interior contains aging carpets and basic finishes. While functional, the property requires cosmetic updates and likely modernization of major systems to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10659, living area = 878.
- Expansive Lot Size
The property features a generous 10,659 sqft lot, providing significant potential for ADU development, home expansion, or extensive outdoor landscaping that is rare at this price point.
- Affordable Entry Point
Priced at $231,000, this residence offers a highly accessible entry-level opportunity for first-time homebuyers or investors looking to enter the Merced market with a low capital requirement.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
With only 878 square feet of living space and a 2-bedroom, 1-bathroom configuration, the home may feel restrictive for growing families or those requiring a dedicated home office.
- Vintage Infrastructure
Built in 1945, the property's age may necessitate updates to major systems such as plumbing, electrical, and insulation to meet modern efficiency and safety standards.
About 1255 Carol
Exceptional opportunity in Merced. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 10,659 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 878 | 1,448 | 4% |
| Lot Size | 10,659 | 5,740 | 87% |
| Price | $231.0K | $394.0K | 4% |
| Price per sq ft | $263 | $261 | 53% |
| Built year | 1945 | 2020 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 144 | 8% |
Pricing History
Listed for Sale
Dec 16, 2025
$231,000
Initial Listing
Sold
Jun 30, 2021
$254,000
Public Record
Sold
May 30, 2019
$185,000
Public Record
Sold
May 22, 2018
$123,000
Public Record
Sold
Apr 12, 2018
$95,000
Public Record
Sold
Jun 6, 2011
$15,000
Public Record