2988 Briarwood Court, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath

2988 Briarwood Court, Merced, California 95348 home-pic-0

2988 Briarwood Court

Merced, California 95348

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,953Sq Ft
12,025Lot Size

Property Price

LIST PRICE$425,000
EST. MARKET VALUE
$425,000

SUMMARY

Analysis of 2988 Briarwood Court, Merced, California 95348 reveals a Fairly Priced Property with a current list price of $425,000  aligned with the estimated $425,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$425,000
Based on Realkey algorithm analyzing recent comparable sales in Merced.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2988 Briarwood Court
Subject
$425,000*
List Price
321,953$218-
A
2875 Evergreen Road
Sold
$507,000432,078$2440.2 mi
B
2980 Pinewood Court
Sold
$410,000321,752$2340.2 mi
C
3502 San Francisco
Sold
$499,000422,060$2420.9 mi
D
1165 W North Bear Creek Drive
Sold
$340,000331,643$2070.3 mi
E
2652 N Highway 59
Sold
$387,000421,400$2760.4 mi
F
310 Buena Vista Court
Active
$435,000
List Price
431,787$2431.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1972 and described as a 'well cared for original,' the property is move-in ready but aesthetically dated. While it features some functional updates such as new paint, newer carpet, Corian kitchen countertops, dual-pane windows, and 27 solar panels, the kitchen cabinetry and bathroom fixtures reflect older design standards. It fits the 'Fair' criteria as an aged home that has been maintained through regular upkeep but shows significant signs of being outdated and would require cosmetic modernization to meet current market trends.

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 = 12025, living area = 1953.

  • Energy Efficiency

    The property includes 27 solar panels that will be fully paid off at the close of escrow, offering the new owner substantial long-term savings on utility costs.

  • Prime Cul-de-Sac Location

    Situated in a quiet court within the highly desirable North Merced Wainwright Bear Creek neighborhood, providing enhanced privacy and minimal through-traffic.

CONSRISKS & DEFICIENCIES

  • Original Condition

    Built in 1972 and described as a 'well cared for original,' the home likely requires cosmetic updates to the kitchen and bathrooms to align with modern design trends.

  • Bedroom Configuration

    At nearly 2,000 square feet, the three-bedroom layout may be perceived as a limitation for larger families who typically expect four bedrooms in a home of this size.

About 2988 Briarwood Court

This treasure is located in a court in the very desirable North Merced, Wainwright Bear Creek Neighborhood. A well cared for original. This home features 3 bedrooms and 2 bathrooms, new paint and newer carpet, a formal dining/living room, a separate family room with a beautiful feature brick fireplace framed by bookcases, and a bonus room with open beamed ceiling and gorgeous plantation shutters. Kitchen has spacious cabinetry, Corian counters and an illuminating skylight. Great-sized bedrooms with spacious closets. Rear yard is big and beautiful, with numerous trees - ready for you to create your own paradise. It has 27 solar panels that will be paid off by COE. It has a relaxing, built-in mini-pool/spa, surrounded by a durable Trex deck. Dual pane windows and ceiling fans throughout the home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
12,025 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
46%
Baths2.02.0
50%
Square foot1,9531,752
71%
Lot Size12,0256,203
97%
Price$425.0K$429.0K
49%
Price per sq ft$218$246
26%
Built year19722007
12%
HOA$0$0
50%
Days on market102160
26%

Pricing History

Listed for Sale

Nov 25, 2025

$425,000

Initial Listing

Sold

Jun 5, 2019

$305,000

Public Record

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