1646 1646 W North Bear Creek, Merced, California 95348, Merced, 95348 - 2 bed, 2 bath
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Merced, California 95348
This condominium represents a High-Potential Investment Opportunity, listed at a List Price of $199,900—positioned well below the $197,823 Fair Market Value by a negligible margin, reflecting a stable entry point. With a Fair Condition Rating, the unit features recent cosmetic updates like vinyl flooring, though it retains original cabinetry. The property offers a common area swimming pool and private patio, providing functional lifestyle benefits. Given the extended market time, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1646 1646 W North Bear Creek Subject | $198,900* List Price | 2 | 2 | 972 | $203 | - |
A 1656 W North Bear Creek Drive Sold | $214,000 | 2 | 2 | 972 | $220 | 0.0 mi |
B 1648 W North Bear Creek Dr Active | $210,000 List Price | 2 | 2 | 972 | $216 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property has received recent cosmetic 'lipstick' updates including new vinyl plank flooring and fresh interior paint. However, the kitchen and bathrooms remain dated with original oak cabinetry and white tile countertops exceeding 20 years in age. The presence of popcorn ceilings and older exterior fencing further aligns with the 'Fair' category, as the high-value areas require modernization despite the unit being move-in ready.
Priced under $200,000 following a recent reduction, this property offers a highly accessible entry point for first-time buyers or investors looking for value in the Merced market.
The inclusion of a common area swimming pool and a private patio with a dedicated storage room provides lifestyle benefits and outdoor space rarely found at this price point.
The floor plan features a clear separation of living and sleeping areas with a downstairs half-bath for guests, complemented by a convenient two-vehicle carport.
With over 250 days on the market, the property may carry a 'stale' listing perception, suggesting that previous pricing or condition did not align with buyer expectations.
The $360 monthly association fee is relatively high compared to the listing price, which may impact the debt-to-income ratio and overall affordability for budget-conscious purchasers.
Very nice condominium with common area swimming pool. Private patio, carport space for 2 vehicles. All bedrooms and main bathroom are upstairs, Living area downstairs with 1/2 bath, dining area off the kitchen. sliding doors to patio with storage room.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades K-6 • 2.2 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 972 | - |
| Lot Size | 493 | - |
| Price | $198.9K | $263.8K |
| Price per sq ft | $205 | $226 |
| Built year | 1984 | 0 |
| HOA | $360.0 | $0 |
| Days on market | 295 | 113 |
Jun 13, 2026
$198,900
$199,900
-1% Price Drop
Initial Listing
Mar 31, 2026
$199,900
$225,000
-11% Price Drop
Initial Listing
Sep 30, 2025
$225,000
Initial Listing
Nov 8, 2013
$55,000
Public Record