
Merced, California 95340
This 4-bedroom residence represents a Strong Value Opportunity, listed at $422,000—positioned well below the $452,713 Fair Market Value by 6%. This valuation gap offers $30,713 in Instant Equity for the buyer. Featuring a refinished private pool, quartz kitchen countertops, and updated flooring, the home maintains a Condition Rating of 3. While cosmetic updates are required to maximize potential, the proximity to UC Merced ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build sweat equity.
4-bed home in Merced near UC Merced. Listed at $422,000 with $30k+ instant equity potential. Features private pool, quartz kitchen, and great investment upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1975 E Alexander Subject 4 bd · 2 ba · 1,981 sqft · $229 | $422,000* List Price | 4 | 2 | 1,981 | $229 | - |
A 544 Seminole Drive Sold 4 bd · 2 ba · 1,645 sqft · $252 · 0.9 mi | $415,000 | 4 | 2 | 1,645 | $252 | 0.9 mi |
B 2109 La Paz Court Sold 3 bd · 2 ba · 1,848 sqft · $249 · 0.2 mi | $460,000 | 3 | 2 | 1,848 | $249 | 0.2 mi |
C 385 Emerald Sold 3 bd · 2 ba · 1,706 sqft · $226 · 1.0 mi | $385,000 | 3 | 2 | 1,706 | $226 | 1.0 mi |
D 3332 Shamrock Sold 3 bd · 2 ba · 1,788 sqft · $247 · 0.7 mi | $442,000 | 3 | 2 | 1,788 | $247 | 0.7 mi |
E 1146 Gregory Court Sold 3 bd · 2 ba · 1,825 sqft · $238 · 0.6 mi | $435,000 | 3 | 2 | 1,825 | $238 | 0.6 mi |
F 1174 Granite Court Sold 4 bd · 2 ba · 2,114 sqft · $199 · 0.8 mi | $420,000 | 4 | 2 | 2,114 | $199 | 0.8 mi |
G 1780 Silverado Avenue Sold 4 bd · 2 ba · 1,842 sqft · $252 · 0.8 mi | $465,000 | 4 | 2 | 1,842 | $252 | 0.8 mi |
H 3125 N Parsons Active 4 bd · 2 ba · 1,569 sqft · $239 · 0.3 mi | $375,000 List Price | 4 | 2 | 1,569 | $239 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1972, it has undergone significant recent renovations including a modern kitchen with quartz countertops and stainless steel appliances, as well as updated hard-surface flooring throughout the main living areas. The private pool was refinished within the last two years. Although the agent mentions 'TLC' and 'sweat equity' (likely referring to popcorn ceilings and older carpets in bedrooms), the high-value areas are functional and move-in ready.
The property features a private swimming pool that was refinished within the last two years, providing a significant value-add and a ready-to-use amenity for the Central Valley climate.
The interior boasts contemporary updates including quartz countertops, stainless steel appliances, and updated flooring, which helps offset the need for immediate renovations in high-traffic areas.
Situated in a desirable Merced neighborhood near UC Merced, this home offers excellent long-term value and appeal for both families and investors due to its proximity to the university and local amenities.
The listing explicitly mentions the need for 'TLC' and 'sweat equity,' indicating that the property requires additional investment and labor to bring it up to modern standards.
Built in 1972, the home may have aging systems or structural elements that could necessitate costly repairs or upgrades not immediately visible in the cosmetic updates.
Here's an opportunity to make a home your own while building sweat equity along the way! Located on a beautiful street in a desirable Merced neighborhood near UC Merced, this spacious 4-bedroom, 2-bath home offers nearly 2,000 square feet, a private swimming pool, and plenty of potential. With a little TLC and your personal touches, this home has what it takes to truly shine. The floor plan features separate living and family rooms, generously sized bedrooms, updated flooring, and a kitchen with quartz countertops and stainless steel appliances. Step outside to a backyard with a private pool, refinished within the last two years, ready for those warm Central Valley summers. Whether you're a first-time buyer looking to build equity or someone who sees the value in making improvements over time, this home offers a great opportunity to create something special. Conveniently located near UC Merced, parks, shopping, and dining. Bring your vision and make this home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,981 | 1,698.064 |
| Lot Size | 7,195 | 6,572.897 |
| Price | $422.0K | $415.4K |
| Price per sq ft | $213 | $253 |
| Built year | 1972 | 2002 |
| HOA | $0 | $108 |
| Days on market | 9 | 68 |
Oct 15, 2026
$422,000
Initial Listing
Aug 28, 2023
$445,000
Public Record
Apr 13, 2023
$335,000
Public Record
Jun 18, 2009
$130,000
Public Record
Mar 14, 2005
$345,000
Public Record
Dec 23, 2003
$247,500
Public Record
May 30, 2002
$199,000
Public Record
Jun 29, 1998
$108,000
Public Record