200 E 27th, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
200 E 27th
Merced, California 95340
Property Price
SUMMARY
Analysis of 200 E 27th, Merced, California 95340 reveals a property with a current list price of $320,000, which is 10% above the estimated $288,838 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 200 E 27th Subject | $320,000* List Price | 2 | 1 | 1,124 | $257 | - |
A 77 E Main Street Sold | $325,000 | 2 | 1 | 1,142 | $285 | 0.7 mi |
B 14 W 28th Street Sold | $310,000 | 2 | 2 | 1,002 | $309 | 0.2 mi |
C 2668 10th Avenue Sold | $312,000 | 3 | 2 | 1,280 | $244 | 0.4 mi |
D 330 W 22nd Street Sold | $270,000 | 2 | 1 | 1,023 | $264 | 0.6 mi |
E 8 W 25th Street Active Under Contract | $289,900 List Price | 2 | 1 | 1,090 | $266 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1924, this home is well-maintained and move-in ready but shows clear signs of age in its core systems and finishes. While the original hardwood floors and fireplace provide historic charm, the kitchen and bathroom feature dated tile countertops and older white appliances consistent with a renovation from 20+ years ago. It lacks the modern updates required for a 'good' rating but is in solid, livable condition without the structural defects associated with a 'poor' rating.
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 = 7073, living area = 1124.
- Prime Historic Location
Situated in the highly sought-after Historic Ragsdale Area, the property offers a prestigious address on picturesque, tree-lined streets with immediate access to the Bear Creek walking path.
- Architectural Character
Built in 1924, the home retains timeless appeal with original hardwood floors, a classic brick fireplace, and an abundance of windows that provide exceptional natural light.
CONSRISKS & DEFICIENCIES
- Limited Living Accommodations
With only two bedrooms and a single bathroom, the home's configuration may be restrictive for growing families or buyers requiring a dedicated home office space.
- Vintage Infrastructure
As a century-old property, the home likely requires ongoing maintenance or modernization of its core systems to meet contemporary energy efficiency and building standards.
About 200 E 27th
Timeless charm meets an unbeatable location in this character-filled home nestled in the highly sought-after Historic Ragsdale Area. Set along picturesque, tree-lined streets, this unique property is ideally positioned between 2nd Avenue and 3rd Avenue—creating a rare island-style setting with added privacy and curb appeal. Inside, you’ll find hardwood floors, a spacious living room anchored by a classic brick fireplace, and an abundance of windows that flood the home with natural light throughout the day. The open kitchen flows seamlessly into the dining area. Additional highlights include indoor laundry and a detached two-car garage. The yard offers a park-like setting, providing a peaceful outdoor retreat for relaxing or entertaining. Step outside and enjoy the convenience of being just moments from the Bear Creek walking path, ideal for morning strolls, biking, or relaxing evenings outdoors. Ideally located close to shopping, restaurants, gyms, and everyday conveniences, this home offers both charm and lifestyle appeal. Location, charm, and potential—this is a rare opportunity you won’t want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 7,073 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,124 | 1,551 | 17% |
| Lot Size | 7,073 | 7,500 | 34% |
| Price | $320.0K | $360.0K | 24% |
| Price per sq ft | $285 | $245 | 80% |
| Built year | 1924 | 1965 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 171 | 5% |
Pricing History
Listed for Sale
Feb 28, 2026
$320,000
Initial Listing
Price Change
Jan 22, 2026
$330,000
Initial Listing