2915 Balsam, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
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Merced, California 95348
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $350,000—positioned well below the $360,119 Fair Market Value by 2%. This valuation gap provides $10,119 in Instant Equity for buyers. The home maintains a Move-In Ready Condition Rating, featuring new carpet, laminate flooring, and a brand-new stove. With a 7,240 sq. ft. lot backing into a peaceful orchard, the property offers rare privacy within the Merced Union High School District. This is an excellent acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey home with growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2915 Balsam Subject | $340,000* List Price | 3 | 2 | 1,165 | $300 | - |
A 2315 Wolf Sold | $353,000 | 3 | 2 | 1,100 | $321 | 1.0 mi |
B 2574 Pinedale Avenue Sold | $390,000 | 3 | 2 | 1,309 | $298 | 0.7 mi |
C 2429 Elderberry Drive Sold | $380,000 | 3 | 2 | 1,198 | $317 | 0.9 mi |
D 2931 Elm Avenue Sold | $260,000 | 3 | 3 | 1,228 | $212 | 0.8 mi |
E 2360 Fir Avenue Active | $349,999 List Price | 3 | 2 | 1,292 | $271 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several recent updates including brand-new carpet, new laminate flooring in the kitchen, and a new stove/oven. While the kitchen cabinetry and bathroom fixtures reflect the original 1983 style, the home shows minimal wear and tear and benefits from a newer water heater, meeting the criteria for a functional, updated home without the need for immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7240, living area = 1165.
The home features brand-new carpet, new laminate flooring in the kitchen, a new stove, and a newer water heater, minimizing immediate renovation costs for the buyer.
Positioned with no rear neighbors and backing onto a peaceful orchard, the property offers a quiet, secluded atmosphere that is rare for a standard residential lot.
At 1,165 square feet for a three-bedroom home, the living spaces and bedrooms may feel small or restrictive for larger families or those needing more storage.
Built in 1983, the property may require future capital expenditures for aging infrastructure components not explicitly listed as updated, such as the roof or HVAC system.
Charming and move-in ready 3 bedroom, 2 bathroom home with 1165 square feet of comfortable living space. This property features new carpet, new laminate flooring in the kitchen, a newer hot water heater, and a brand-new stove/oven. The spacious backyard offers plenty of room to create your dream outdoor space --even enough space for a pool. Enjoy the added privacy of no rear neighbors with a peacful orchard located diretly behind the property. A fantastic opportunity for first-time buyers, downsizers, or investors looking for a great home in Merced.
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 | 1,165 | 1,751 | 6% |
| Lot Size | 7,240 | 6,097 | 74% |
| Price | $340.0K | $420.0K | 8% |
| Price per sq ft | $292 | $246 | 86% |
| Built year | 1983 | 2006 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 154 | 5% |
Mar 28, 2026
$340,000
$350,000
-3% Price Drop
Initial Listing
Mar 9, 2026
$350,000
Initial Listing