2394 Lance Street, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
2394 Lance Street
Merced, California 95348
Property Price
SUMMARY
Analysis of 2394 Lance Street, Merced, California 95348 reveals a Fairly Priced Property with a current list price of $340,000 aligned with the estimated $343,433 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 2394 Lance Street Subject | $340,000* List Price | 3 | 2 | 1,330 | $258 | - |
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 2362 Fern Street Sold | $385,000 | 3 | 2 | 1,477 | $261 | 0.1 mi |
D 2429 Elderberry Drive Sold | $380,000 | 3 | 2 | 1,198 | $317 | 0.2 mi |
E 2980 Autumn Sold | $365,000 | 3 | 2 | 1,488 | $245 | 0.6 mi |
F 2139 W Chesler Active | $364,500 List Price | 3 | 2 | 1,380 | $264 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated near schools, major freeway access, and a community park, offering excellent convenience for families and commuters.
- Functional Interior Features
Equipped with durable tile flooring and a dedicated indoor laundry area, the home is designed for low-maintenance living and practical utility.
- Spacious Lot with Mature Landscaping
The 6,030 sq ft lot features established fruit trees and a private backyard, providing a great space for outdoor recreation and gardening.
CONSRISKS & DEFICIENCIES
- Dated Build Year
Constructed in 1979, the property may require modern updates to its systems and cosmetic finishes to compete with newer residential standards.
- Modest Square Footage
With 1,330 sq ft of living space, the interior footprint may feel compact for larger families or those requiring more expansive living areas.
About 2394 Lance Street
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 outdoor enjoyment. It is conveniently located near schools, freeway access, and a nearby community park. Ideal for first-time homebuyers or investors. Schedule your showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 6,030 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,752 | 18% |
| Lot Size | 6,030 | 6,144 | 38% |
| Price | $340.0K | $429.0K | 10% |
| Price per sq ft | $256 | $247 | 60% |
| Built year | 1979 | 2007 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 160 | 3% |
Pricing History
Listed for Sale
Jan 28, 2026
$340,000
Initial Listing
Sold
Mar 13, 2006
$258,000
Public Record
Sold
Jan 15, 1999
$74,500
Public Record