2238 Wood Street, Merced, California 95340, Merced, 95340 - 3 bed, 1 bath
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Merced, California 95340
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.
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.
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.
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.
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.
The 5,397-square-foot lot provides ample outdoor space for storage and parking, maximizing the property's utility beyond its interior footprint.
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.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 920 | 1,571 | 5% |
| Lot Size | 5,397 | 7,500 | 8% |
| Price | $325.0K | $376.0K | 22% |
| Price per sq ft | $353 | $246 | 96% |
| Built year | 1949 | 1964 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 270 | 163 | 87% |
Feb 28, 2026
$324,999
Initial Listing
Jul 26, 2025
$320,000
Initial Listing
Aug 8, 2012
$72,000
Public Record
Nov 1, 2011
$40,000
Public Record