1255 Day Light Dr, Merced, California 95348, Merced, 95348 - 4 bed, 3 bath
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Merced, California 95348
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $399,000—positioned well below the $427,421 Fair Market Value by 6%. This valuation gap offers $28,421 in Instant Equity. Maintaining a Condition Rating of 3, the home features a new air conditioning unit, fresh interior paint, and a private patio. Its proximity to UC Merced ensures high rental demand, while the absence of Mello Roos assessments significantly reduces annual carrying costs. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1255 Day Light Dr Subject | $455,000* List Price | 4 | 3 | 2,352 | $202 | - |
A 3758 Larkspur Sold | $409,000 | 5 | 4 | 2,352 | $174 | 0.2 mi |
B 3742 Morningside Sold | $345,000 | 3 | 3 | 1,617 | $213 | 0.2 mi |
C 1338 Hermosa Drive Sold | $399,500 | 4 | 3 | 1,637 | $244 | 0.4 mi |
D 4116 Clary Court Sold | $470,000 | 4 | 3 | 1,924 | $244 | 0.4 mi |
E 3880 Early Light Active | $430,000 List Price | 4 | 3 | 2,023 | $213 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with recent functional and aesthetic updates, including a brand-new air conditioning unit and a freshly painted interior. While the kitchen and bathrooms likely retain their original 2005 cabinetry and fixtures, the home shows minimal wear and tear and has been well-maintained, requiring no immediate major renovations.
The property's proximity to UC Merced and Merced College ensures a steady rental demand from a growing student and faculty population, making it an excellent choice for investors.
The absence of Mello Roos assessments provides a significant financial benefit by lowering the overall annual property tax burden compared to other newer developments in the region.
Featuring a brand-new air conditioning unit and a recently painted interior, the home offers improved energy efficiency and a fresh, move-in-ready aesthetic for new owners.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a 3,600 sq ft lot for a 2,352 sq ft home, the outdoor space is relatively small, which may be a drawback for buyers seeking a large backyard or privacy.
The property is situated in a high-density residential area where homes are closely spaced, potentially limiting natural light and quietude compared to more rural or larger-lot subdivisions.
Beautiful large 2352 sq ft 4 beds 2.5 baths single family home.No Mello Roos.On the east side.Separate family and living rooms.2 car attached garage built in 2015.Features new air conditioning unit.Separate laundry room.2 Story home. Close to park, shops,restaurants-Freeways.Merced College and UC Merced close by and provides stead rental values there with increasing student and faculty population.Recently painted interior.Perfect for investors or 1st time buyers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,352 | 1,752 | 83% |
| Lot Size | 3,600 | 6,094 | 7% |
| Price | $455.0K | $425.0K | 69% |
| Price per sq ft | $193 | $245 | 12% |
| Built year | 2005 | 2006 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 154 | 2% |
Mar 28, 2026
$455,000
$399,000
+14% Price Increase
Initial Listing
Mar 17, 2026
$399,000
Initial Listing
Apr 17, 2015
$230,000
Public Record
Oct 28, 2009
$146,000
Public Record
Sep 26, 2006
$360,000
Public Record
May 11, 2005
$355,500
Public Record