277 Shafer, Merced, California 95348, Merced, 95348 - 5 bed, 3 bath
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277 Shafer
Merced, California 95348
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
1,919Sq Ft
2,380Lot Size
Property Price
LIST PRICE$419,000
EST. MARKET VALUE
$416,334
SUMMARY
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $419,000—positioned slightly above the $416,335 Fair Market Value. Built in 2021, this property maintains an Excellent Condition Rating, featuring a Granite Kitchen and modern energy-efficient systems. Located in the desirable Bellevue Ranch area, the home offers a practical layout for large households. While the tandem garage and compact lot size are noted, the home’s near-new status ensures long-term stability. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$416,334
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 277 Shafer Subject 5 bd · 3 ba · 1,919 sqft · $217 | $419,000* List Price | 5 | 3 | 1,919 | $217 | - |
A 172 Korbel Avenue Sold 3 bd · 3 ba · 1,555 sqft · $244 · 0.1 mi | $380,000 | 3 | 3 | 1,555 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. The kitchen features modern dark wood cabinetry, granite countertops, and stainless steel appliances. Systems including the HVAC and roof (with solar) are nearly new, and the interior shows no signs of wear, requiring zero maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Construction
Built in 2021, this newer home offers modern energy efficiency, contemporary building standards, and the peace of mind that comes with updated systems and finishes.
- High Bedroom Count
The 5-bedroom configuration provides exceptional versatility for large families or investors looking to maximize rental income in a high-demand area near UC Merced.
- Prime North Merced Location
Situated in the desirable Bellevue Ranch area, the property is ideally located near schools, parks, and UC-area transportation, ensuring strong long-term value and convenience.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2380, living area = 1919.
- Limited Outdoor Space
With a lot size of only 2,380 square feet, the property offers very little private backyard space, which may be a drawback for buyers seeking traditional outdoor living or gardening areas.
- Tandem Garage Configuration
The tandem garage requires vehicles to be parked one behind the other, which can be a daily inconvenience for multi-driver households typical of a five-bedroom residence.
About 277 Shafer
Welcome to 277 Shafer Ave, a newer two-story home in Merced’s Bellevue Ranch area. This 5-bedroom, 2.5-bath home offers approximately 1,919 square feet of living space with an open living and kitchen area, all bedrooms located upstairs, and an upstairs laundry room. The home also features an attached tandem garage and low-maintenance front and side yards. Conveniently located near schools, parks, the bike path, and UC-area transportation, this home offers a practical layout in a convenient north Merced location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 2,380 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,919 | 1,698.064 |
| Lot Size | 2,380 | 6,572.897 |
| Price | $419.0K | $415.4K |
| Price per sq ft | $218 | $253 |
| Built year | 2021 | 2002 |
| HOA | $0 | $108 |
| Days on market | 17 | 68 |
Pricing History
Listed for Sale
Oct 7, 2026
$419,000
Initial Listing
Sold
Feb 24, 2022
$351,500
Public Record
Sold
Apr 8, 2021
$388,500
Public Record
Sold
Apr 6, 2012
$1,500,000
Public Record