2962 Westminster Court, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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2962 Westminster Court
Merced, California 95340
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,282Sq Ft
4,573Lot Size
Property Price
LIST PRICE$332,880
EST. MARKET VALUE
$343,051
SUMMARY
This Single Family Residence presents a Prime Investment Opportunity, listed at $332,880—positioned well below the $343,052 Fair Market Value by 2%. This valuation gap offers $10,172 in Instant Equity. With a Fair Condition Rating, the 2001-built home features central HVAC and a private patio, providing a functional foundation for cosmetic updates. While school ratings are modest, the property’s competitive pricing and efficient layout make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Estimated Market Value
$343,051
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 |
|---|---|---|---|---|---|---|
★ 2962 Westminster Court Subject 3 bd · 2 ba · 1,282 sqft · $268 | $332,880* List Price | 3 | 2 | 1,282 | $268 | - |
A 2970 Westminster Court Sold 3 bd · 2 ba · 1,282 sqft · $281 · 0.0 mi | $360,000 | 3 | 2 | 1,282 | $281 | 0.0 mi |
B 2720 Glen Avenue Sold 3 bd · 2 ba · 1,195 sqft · $263 · 0.7 mi | $314,000 | 3 | 2 | 1,195 | $263 | 0.7 mi |
C 450 El Portal Drive Sold 4 bd · 2 ba · 1,615 sqft · $263 · 0.9 mi | $425,000 | 4 | 2 | 1,615 | $263 | 0.9 mi |
D 2761 Lexington Ave. Sold 3 bd · 3 ba · 1,775 sqft · $231 · 0.8 mi | $410,000 | 3 | 3 | 1,775 | $231 | 0.8 mi |
E 3045 Silver Elm Pending 3 bd · 2 ba · 1,648 sqft · $236 · 0.2 mi | $389,000 List Price | 3 | 2 | 1,648 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2001, this 23-year-old home is functional but dated, featuring original oak cabinetry and white tile countertops in the kitchen and bathrooms. While it includes essential systems like central HVAC and appears move-in ready, the lack of modern updates and the unlandscaped dirt yard align with the 'Fair' criteria for properties over 20 years old needing cosmetic refreshment.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Pricing
The property is strategically priced below market value to facilitate a quick sale, offering an excellent entry point for first-time homebuyers or investors looking for immediate equity.
- Modern Climate Control
Equipped with both central forced air heating and central air conditioning, this home ensures year-round interior comfort, which is a significant asset in the Merced climate.
- Functional 2000s Construction
Built in 2001, the residence features a contemporary 3-bedroom, 2-bathroom layout and includes a two-car garage, meeting the standard requirements for modern suburban living.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of 4,573 square feet, the outdoor space is relatively compact, which may limit options for extensive landscaping, gardening, or large outdoor gatherings.
- Modest School Ratings
While located near several schools, the assigned middle and high schools currently hold lower performance ratings (3 and 4 respectively), which could be a consideration for families prioritizing education metrics.
About 2962 Westminster Court
Located in Merced, this home offers 1,282 square feet of living space with three bedrooms and two full bathrooms. The property is part of the Merced City Elementary school district. It features central forced air heating and central AC for year-round comfort. Additional amenities include a two-car garage with garage opener motor. priced below market for quick sale, don't miss the opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 4,573 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
Merced Unified Schools
Donn B. Chenoweth Elementary School
Grades K-6 • 0.5 mi
6/10
Rudolph Rivera Elementary
Grades K-6 • 1.8 mi
4/10
Herbert Hoover Middle School
Grades 7-8 • 0.8 mi
3/10
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 | 1,282 | 1,698.064 |
| Lot Size | 4,573 | 6,572.897 |
| Price | $332.9K | $415.4K |
| Price per sq ft | $260 | $253 |
| Built year | 2001 | 2002 |
| HOA | $0 | $108 |
| Days on market | 8 | 68 |
Pricing History
Listed for Sale
Oct 16, 2026
$332,880
Initial Listing
Sold
Dec 2, 2015
$155,000
Public Record
Sold
Feb 4, 2010
$96,500
Public Record
Sold
Oct 29, 2001
$123,000
Public Record