15 E 22nd, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
15 E 22nd
Merced, California 95340
Property Price
SUMMARY
Analysis of 15 E 22nd, Merced, California 95340 reveals a property with a current list price of $425,000, which is 10% above the estimated $383,343 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 15 E 22nd Subject | $425,000* List Price | 3 | 2 | 1,275 | $301 | - |
A 2601 Hoover Court Sold | $385,000 | 3 | 2 | 1,272 | $303 | 0.6 mi |
B 2030 Union Avenue Sold | $349,000 | 3 | 2 | 1,285 | $272 | 0.8 mi |
C 2668 10th Avenue Sold | $312,000 | 3 | 2 | 1,280 | $244 | 0.6 mi |
D 944 W 18th Pending | $345,000 List Price | 3 | 2 | 1,176 | $293 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite its 1928 original build date, the property has undergone an extensive recent renovation that brings it to modern standards. The kitchen is fully updated with granite countertops and stainless steel appliances, while the bathrooms feature contemporary tile work and modern fixtures. With new tile and carpet flooring throughout and a functional open floor plan, the home shows no signs of deferred maintenance and is in like-new interior condition.
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 = 7500, living area = 1275.
- Modernized Kitchen & Baths
The home features a contemporary kitchen with granite countertops and stainless steel appliances, along with updated bathrooms, offering a move-in-ready experience.
- Functional Open Floor Plan
The interior boasts a well-designed open layout with durable tile flooring in main living areas and a dedicated indoor laundry room with built-in storage.
CONSRISKS & DEFICIENCIES
- Historic Build Date
Originally constructed in 1928, the property may require ongoing maintenance or future upgrades to aging structural systems common in homes of this era.
- Compact Living Space
With 1,275 square feet distributed across three bedrooms and two bathrooms, the living areas and bedrooms may feel somewhat constrained for larger families.
About 15 E 22nd
Welcome to 15 E 22nd St! This updated three-bedroom, two-bath home offers a functional open floor plan and convenient alley access. Tile flooring flows throughout the main living areas, complemented by carpeted bedrooms. The kitchen features granite countertops, stainless steel appliances, and a breakfast bar. An indoor laundry room with built-in cabinets. Both bathrooms are appointed with modern shower stalls. The backyard offers alley access and a large shed. Ideally located with easy access to G Street and just minutes from Downtown Merced.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 7,500 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
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 | 1,275 | 1,551 | 22% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $425.0K | $360.0K | 73% |
| Price per sq ft | $333 | $245 | 93% |
| Built year | 1928 | 1965 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 171 | 5% |
Pricing History
Listed for Sale
Jan 29, 2026
$425,000
Initial Listing