2394 Lance Street, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
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Merced, California 95348
This Functional Single-Family Residence is a Strong Value Opportunity, listed at $340,000—positioned below the $343,434 Fair Market Value by 1%. This valuation gap provides $3,434 in Instant Equity for buyers. While the home maintains a Dated Condition Rating, it is move-in ready with tile flooring, a private patio, and a pleasant neighborhood view. Located near the Merced Union High School District and major freeway access, the property features a spacious lot with mature fruit trees. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2394 Lance Street Subject | $330,000* List Price | 3 | 2 | 1,330 | $256 | - |
A 2290 Fern Sold | $375,000 | 3 | 2 | 1,221 | $307 | 0.1 mi |
B 2574 Pinedale Avenue Sold | $390,000 | 3 | 2 | 1,309 | $298 | 0.3 mi |
C 2429 Elderberry Drive Sold | $380,000 | 3 | 2 | 1,198 | $317 | 0.2 mi |
D 2362 Fern Street Sold | $385,000 | 3 | 2 | 1,477 | $261 | 0.1 mi |
E 2139 W Chesler Sold | $365,000 | 3 | 2 | 1,380 | $264 | 0.3 mi |
F 2360 Fir Avenue Active | $349,999 List Price | 3 | 2 | 1,292 | $271 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the home is clean and move-in ready but features dated aesthetics throughout. The kitchen contains older white appliances and basic cabinetry, and the bathrooms show signs of age without recent modern updates. While the tile flooring and ceiling fans provide utility, the overall style and fixtures reflect a property that has been maintained but not extensively renovated in recent decades.
The property is ideally situated near schools, major freeway access, and a community park, offering excellent convenience for families and commuters.
Equipped with durable tile flooring and a dedicated indoor laundry area, the home is designed for low-maintenance living and practical utility.
The 6,030 sq ft lot features established fruit trees and a private backyard, providing a great space for outdoor recreation and gardening.
Constructed in 1979, the property may require modern updates to its systems and cosmetic finishes to compete with newer residential standards.
With 1,330 sq ft of living space, the interior footprint may feel compact for larger families or those requiring more expansive living areas.
Welcome to this cozy 3-bedroom, 2-bath home offering 1,330 sq ft of living space on a 6,030 sq ft lot. This property features tile flooring, an indoor laundry area, and ceiling fans throughout. The backyard offers fruit trees and plenty of space for entertaining on those nice summer days. It is conveniently located near schools, freeway access, and a nearby community park. Ideal for first-time homebuyers or investors. Schedule your showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,751 | 17% |
| Lot Size | 6,030 | 6,094 | 42% |
| Price | $330.0K | $420.0K | 7% |
| Price per sq ft | $248 | $246 | 54% |
| Built year | 1979 | 2006 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 154 | 13% |
Mar 26, 2026
$330,000
$340,000
-3% Price Drop
Initial Listing
Jan 28, 2026
$340,000
Initial Listing
Mar 13, 2006
$258,000
Public Record
Jan 15, 1999
$74,500
Public Record