2782 Story Avenue, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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2782 Story Avenue
Merced, California 95340
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,486Sq Ft
7,318Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$394,753
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $399,900—positioned slightly above the $394,754 Fair Market Value. While the list price reflects current market stability, the property offers significant long-term potential through its 7,318 sqft lot and Good Condition Rating. Featuring an updated kitchen, modern flooring, and a purchased solar system, this home minimizes immediate capital expenditure. Its proximity to UC Merced and the Bear Creek bike path ensures consistent demand, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Estimated Market Value
$394,753
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 |
|---|---|---|---|---|---|---|
★ 2782 Story Avenue Subject | $399,900* List Price | 3 | 2 | 1,486 | $266 | - |
A 1445 Cameron Lane Sold | $375,000 | 3 | 2 | 1,517 | $247 | 0.4 mi |
B 1417 E 20th Sold | $340,000 | 3 | 2 | 1,375 | $247 | 0.8 mi |
C 3018 Marie Court Sold | $398,000 | 3 | 2 | 1,286 | $309 | 0.8 mi |
D 2348 Katy Ln Sold | $375,000 | 3 | 2 | 1,454 | $258 | 1.0 mi |
E 1723 Monte Grosso Sold | $499,000 | 3 | 2 | 2,068 | $241 | 0.3 mi |
F 2257 E Olive Sold | $320,000 | 3 | 2 | 1,460 | $219 | 1.0 mi |
G 3034 Greenwood Court Sold | $410,000 | 3 | 2 | 1,450 | $283 | 0.8 mi |
H 2761 Lexington Ave. Active | $425,000 List Price | 3 | 3 | 1,775 | $239 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1983, the property has undergone significant updates within the 5-15 year range. The kitchen features updated cabinetry, backsplash, and flooring, while the bathrooms have been modernized with new vanities and fixtures. The inclusion of a purchased solar system and the 'move-in ready' status justify a Good rating despite the structural age.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7318, living area = 1486.
- Prime Location
Situated in a highly desirable Merced neighborhood near UC Merced and the Bear Creek bike path, offering excellent convenience and strong rental or resale potential.
- Turnkey Condition
The home is move-in ready with an updated kitchen, modern tile and wood-laminate flooring, and newly installed front yard sod, reducing immediate renovation costs.
CONSRISKS & DEFICIENCIES
- Solar Financing Burden
The property includes a solar system with an existing financing balance and a monthly payment of approximately $339, which increases the buyer's fixed monthly carrying costs.
- 1980s Infrastructure
Built in 1983, the home may have aging major systems or components that could require maintenance or replacement sooner than newer constructions in the area.
About 2782 Story Avenue
Beautifully maintained 3-bedroom, 2-bath home located in a highly desirable Merced neighborhood, conveniently close to UC Merced, shopping, dining, and the Bear Creek bike path. This move-in-ready home features newly installed sod in the front yard, tile and wood-laminate flooring, an updated kitchen, and an attached 2-car garage. The home is also equipped with a purchased solar system with an existing financing balance and a current monthly payment of approximately $339. Step outside to a huge backyard offering endless possibilities—perfect for entertaining, adding a pool, gardening, or creating your own private backyard oasis. Clean, move-in ready, and in a fantastic location—this is one you don’t want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 7,318 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,486 | 1,694.749 |
| Lot Size | 7,318 | 6,619.141 |
| Price | $399.9K | $413.1K |
| Price per sq ft | $269 | $254 |
| Built year | 1983 | 2002 |
| HOA | $0 | $108 |
| Days on market | 8 | 66 |
Pricing History
Listed for Sale
Sep 1, 2026
$399,900
Initial Listing
Sold
Apr 28, 2023
$365,000
Public Record
Sold
Apr 4, 2012
$109,000
Public Record
Sold
Oct 29, 2002
$184,000
Public Record