2238 Wood Street, Merced, California 95340, Merced, 95340 - 3 bed, 1 bath
2238 Wood Street
Merced, California 95340
Property Price
SUMMARY
Analysis of 2238 Wood Street, Merced, California 95340 reveals a property with a current list price of $324,999, which is 4% above the estimated $310,940 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 2238 Wood Street Subject | $324,999* List Price | 3 | 1 | 920 | $338 | - |
A 2030 Union Avenue Sold | $349,000 | 3 | 2 | 1,285 | $272 | 0.2 mi |
B 259 E 19th Street Sold | $319,000 | 2 | 1 | 901 | $354 | 0.7 mi |
C 1745 Dale Avenue Sold | $285,000 | 2 | 1 | 769 | $371 | 0.3 mi |
D 1403 Villa Drive Sold | $345,000 | 3 | 2 | 1,257 | $274 | 0.5 mi |
E 890 Barney Active | $310,000 List Price | 2 | 1 | 1,233 | $251 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1949, the property is move-in ready and has undergone significant interior renovations. The kitchen is updated with modern cabinetry, stone countertops, and stainless steel appliances. The bathroom features a contemporary vanity and updated tile work. With consistent laminate flooring and fresh paint throughout, the home shows minimal wear and tear, meeting the criteria for a 'good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- RV and Trailer Access
The property features a large gate specifically designed for RV or trailer access, providing a rare and valuable parking solution for outdoor enthusiasts or those with extra vehicles.
- Efficient Living Space
With three bedrooms in a manageable 920-square-foot layout, the home offers a highly functional and low-maintenance living environment ideal for first-time buyers or downsizers.
- Lot Utility
The 5,397-square-foot lot provides ample outdoor space for storage and parking, maximizing the property's utility beyond its interior footprint.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
Having only one bathroom for a three-bedroom residence may present logistical challenges for families and could limit the property's appeal to certain buyer segments.
- Vintage Infrastructure
Built in 1949, the home may require updates to its core systems or lack the modern energy efficiency found in newer constructions, potentially leading to higher long-term maintenance costs.
About 2238 Wood Street
Charming 3-bedroom, 1-bath home offering approximately 920 square feet of comfortable living space. Situated on a spacious 5,397 square foot lot, this property features a large gate perfect for trailer or RV access. Ideal for those seeking a manageable home with plenty of outdoor storage and parking options. Conveniently located with easy access to local amenities. Don’t miss out on this versatile and well-maintained property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 5,397 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 920 | 1,551 | 7% |
| Lot Size | 5,397 | 7,500 | 6% |
| Price | $325.0K | $360.0K | 24% |
| Price per sq ft | $353 | $245 | 94% |
| Built year | 1949 | 1965 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 224 | 172 | 70% |
Pricing History
Listed for Sale
Feb 28, 2026
$324,999
Initial Listing
Price Change
Jul 26, 2025
$320,000
Initial Listing
Sold
Aug 8, 2012
$72,000
Public Record
Sold
Nov 1, 2011
$40,000
Public Record