2972 Tuxford Court, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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2972 Tuxford Court
Merced, California 95340
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,365Sq Ft
10,173Lot Size
Property Price
LIST PRICE$365,000
EST. MARKET VALUE
$349,235
4% AboveMARKET VALUE
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well above the $349,235 Fair Market Value by 4%. While the property requires modernization, its Condition Rating of 4 and expansive 10,173 sq. ft. corner lot provide significant upside for value-add renovations or potential ADU development. Featuring central HVAC and a versatile floor plan, this asset offers a stable foundation for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic cosmetic updates in a well-established Merced neighborhood.
Estimated Market Value
$349,235
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 |
|---|---|---|---|---|---|---|
★ 2972 Tuxford Court Subject | $365,000* List Price | 3 | 2 | 1,365 | $256 | - |
A 1445 Brookdale Sold | $321,000 | 3 | 2 | 1,389 | $231 | 0.6 mi |
B 1122 Kensington Drive Sold | $365,000 | 3 | 2 | 1,680 | $217 | 0.5 mi |
C 2149 Brookdale Dr Sold | $365,000 | 3 | 2 | 1,483 | $246 | 0.7 mi |
D 2348 Katy Ln Sold | $375,000 | 3 | 2 | 1,454 | $258 | 0.6 mi |
E 2021 Normandy Lane Sold | $415,000 | 4 | 2 | 1,700 | $244 | 0.3 mi |
F 2733 10th Avenue Sold | $322,000 | 3 | 2 | 1,188 | $271 | 0.8 mi |
G 280 E Olive Sold | $282,000 | 3 | 2 | 1,338 | $211 | 0.8 mi |
H 1445 Cameron Lane Sold | $375,000 | 3 | 2 | 1,517 | $247 | 0.6 mi |
I 874 Hansen Avenue Active | $450,000 List Price | 3 | 1 | 1,322 | $340 | 0.5 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 1961, this 63-year-old property is functional but heavily dated. While it features essential systems like central HVAC, the interior shows significant age with popcorn ceilings, worn carpeting, and original-style cabinetry in the laundry area. The kitchen and bathrooms require modernization to meet current market standards, though the home remains in livable condition.
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 = 10173, living area = 1365.
- Expansive Corner Lot
The property sits on a generous 10,173 sq. ft. corner lot, providing significant space for outdoor entertaining, gardening, or potential ADU development.
- Financial Incentives
The seller is offering credits toward closing costs or a mortgage rate buydown, providing immediate financial relief and increased affordability for buyers.
CONSRISKS & DEFICIENCIES
- Market Momentum
With 47 days on the market and two consecutive price reductions, the property has struggled to gain traction, which may affect perceived value.
- Limited Parking
The single-car garage may be a constraint for modern households with multiple vehicles or those requiring additional storage space.
About 2972 Tuxford Court
Welcome home, Sitting on a large 10,173 sq. ft. corner lot, this charming 3-bedroom, 2-bathroom home offers 1,365 sq. ft. of comfortable living space. The versatile floor plan features a spacious eat-in kitchen and a separate family room, perfect for relaxing or entertaining. Enjoy year-round comfort with central heating and AC. Additional conveniences include a one-car garage and flexible 110V/220V indoor laundry hookups. Located within the Merced City Elementary School District, this incredible oversized lot offers endless possibilities for outdoor living. Don't miss out! Seller is offering a credit toward closing costs or rate buydown present your offer and lets negotiate terms.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 10,173 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 | 1,365 | 1,694.749 |
| Lot Size | 10,173 | 6,619.141 |
| Price | $365.0K | $413.1K |
| Price per sq ft | $267 | $254 |
| Built year | 1961 | 2002 |
| HOA | $0 | $108 |
| Days on market | 68 | 66 |
Pricing History
Listed for Sale
Aug 12, 2026
$365,000
$378,000
-3% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$378,000
$389,000
-3% Price Drop
Initial Listing
Price Change
Jul 3, 2026
$389,000
Initial Listing
Sold
Mar 13, 2017
$190,000
Public Record
Sold
Dec 23, 2015
$135,000
Public Record
Sold
Aug 25, 2000
$73,000
Public Record