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$379,000
EST. MARKET VALUE
$382,330
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $399,900—positioned well below the $400,678 Fair Market Value by 0.19%. Featuring an updated kitchen, new sod, and a purchased solar system, the property maintains a Good Condition Rating. Its expansive 7,318 sqft lot provides significant outdoor potential near UC Merced and the Bear Creek bike path. This stable, move-in-ready asset balances lifestyle convenience with financial security, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a well-maintained home in a prime location.
Estimated Market Value
$382,330
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 3 bd · 2 ba · 1,486 sqft · $257 | $379,000* List Price | 3 | 2 | 1,486 | $257 | - |
A 2761 Lexington Ave. Sold 3 bd · 3 ba · 1,775 sqft · $231 · 0.1 mi | $410,000 | 3 | 3 | 1,775 | $231 | 0.1 mi |
B 1445 Cameron Lane Sold 3 bd · 2 ba · 1,517 sqft · $247 · 0.4 mi | $375,000 | 3 | 2 | 1,517 | $247 | 0.4 mi |
C 1417 E 20th Sold 3 bd · 2 ba · 1,375 sqft · $247 · 0.8 mi | $340,000 | 3 | 2 | 1,375 | $247 | 0.8 mi |
D 3018 Marie Court Sold 3 bd · 2 ba · 1,286 sqft · $309 · 0.8 mi | $398,000 | 3 | 2 | 1,286 | $309 | 0.8 mi |
E 2348 Katy Ln Sold 3 bd · 2 ba · 1,454 sqft · $258 · 1.0 mi | $375,000 | 3 | 2 | 1,454 | $258 | 1.0 mi |
F 1988 Union Avenue Sold 3 bd · 1 ba · 1,124 sqft · $311 · 0.9 mi | $350,000 | 3 | 1 | 1,124 | $311 | 0.9 mi |
G 3010 Greenwood Court Pending 3 bd · 2 ba · 1,431 sqft · $265 · 0.8 mi | $379,000 List Price | 3 | 2 | 1,431 | $265 | 0.8 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 home is move-in ready and well-maintained with an updated kitchen, newer tile and wood-laminate flooring, and a purchased solar system. The interior condition and recent updates elevate it from 'Fair' to 'Good' status.
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
The property is situated in a highly desirable Merced neighborhood with close proximity to UC Merced, shopping, dining, and the Bear Creek bike path, ensuring strong resale value.
- Turnkey Condition
This move-in-ready home features modern updates including an updated kitchen, new front yard sod, and a combination of tile and wood-laminate flooring.
CONSRISKS & DEFICIENCIES
- Solar Financing Encumbrance
The solar system carries an existing financing balance with a monthly payment of approximately $339, which increases the buyer's fixed monthly carrying costs.
- Recent Price Appreciation
The property was sold in 2023 for $365,000; the current list price of $399,900 represents a rapid appreciation that may require strong comparable sales to support appraisal.
About 2782 Story Avenue
SELLER SAID SELL IT! BRING AN OFFER! GREAT LOCATION....Turn Key Home. Bring your furniture and move into this beautifully remodeled 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. Features include 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 solar panels buyers to assume solar agreement. In 2024 sellers had a Brand New HVAC installed including all brand new Ducting throughout home. 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! OPEN HOUSE 10/24/26 10AM-12NOON.
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 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,486 | 1,698.064 |
| Lot Size | 7,318 | 6,572.897 |
| Price | $379.0K | $415.4K |
| Price per sq ft | $255 | $253 |
| Built year | 1983 | 2002 |
| HOA | $0 | $108 |
| Days on market | 53 | 68 |
Pricing History
Listed for Sale
Oct 8, 2026
$379,000
$389,000
-3% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$389,000
$399,900
-3% Price Drop
Initial Listing
Price Change
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