1511 Ronnie Court, Merced, California 95341, Merced, 95341 - 4 bed, 2 bath
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1511 Ronnie Court
Merced, California 95341
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
2Baths
1,532Sq Ft
5,532Lot Size
Property Price
LIST PRICE$359,000
EST. MARKET VALUE
$372,832
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $359,000—positioned well below the $377,258 Fair Market Value by 4%. This valuation gap offers $18,258 in Instant Equity for buyers. While the home maintains a Condition Rating of 3, it offers a modern 2007 build date and a versatile 4-bedroom layout. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build wealth through strategic cosmetic updates.
Estimated Market Value
$372,832+$13,832 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1511 Ronnie Court Subject | $359,000* List Price | 4 | 2 | 1,532 | $243 | - |
A 1559 Ronnie Court Sold | $384,900 | 3 | 2 | 1,532 | $251 | 0.1 mi |
B 71 Livorno Road Sold | $408,000 | 4 | 2 | 1,617 | $252 | 0.8 mi |
C 221 Brimmer Road Sold | $390,000 | 4 | 2 | 1,617 | $241 | 0.8 mi |
D 88 Sweetwater Avenue Sold | $360,000 | 3 | 2 | 1,251 | $288 | 0.5 mi |
E 242 Torino Court Active Under Contract | $379,000 List Price | 4 | 2 | 1,617 | $234 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
At 17 years old (built 2007), the property fits the 10-20 year age bracket for 'Good' condition. The kitchen and bathrooms feature original builder-grade oak cabinetry and tile countertops which are dated but functional. Note that the kitchen is currently missing a range/oven and some cabinet drawers, and the exterior landscaping has been neglected, but the structure and systems appear consistent with its age.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2007, this property benefits from more contemporary building codes, energy-efficient standards, and modern infrastructure compared to older area inventory.
- High Bedroom Count
The four-bedroom configuration offers significant versatility for growing families or investors seeking to maximize rental yield in the Merced market.
- Competitive Price Point
At $359,000, the property is positioned as an accessible entry-level home, offering strong value for a detached single-family residence with four bedrooms.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Lot Size
The 5,532 sqft lot is relatively modest for a suburban single-family home, which may limit outdoor amenities or private recreational space.
- Dense Interior Footprint
Fitting four bedrooms into 1,532 sqft suggests that individual room dimensions or common living areas may feel somewhat constrained compared to larger floor plans.
About 1511 Ronnie Court
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 5,532 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,532 | 1,694.749 |
| Lot Size | 5,532 | 6,619.141 |
| Price | $359.0K | $413.1K |
| Price per sq ft | $234 | $254 |
| Built year | 2007 | 2002 |
| HOA | $0 | $108 |
| Days on market | 49 | 66 |
Pricing History
Listed for Sale
Jul 22, 2026
$359,000
Initial Listing
Sold
Jan 22, 2007
$258,000
Public Record