2995 Masterson, Merced, California 95348, Merced, 95348 - 4 bed, 3 bath
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2995 Masterson
Merced, California 95348
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,889Sq Ft
3,640Lot Size
Property Price
LIST PRICE$395,000
EST. MARKET VALUE
$414,914
4% BelowMARKET VALUE
SUMMARY
This Modern Single Family Residence is a Strong Value Opportunity, listed at $395,000—positioned well below the $414,915 Fair Market Value by 4%. This valuation gap offers $19,915 in Instant Equity for the buyer. Built in 2021, the home maintains an Excellent Condition Rating, featuring a Granite Kitchen and modern finishes. While the lot is compact, the 4-bedroom layout provides a functional, move-in ready sanctuary. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a contemporary, low-maintenance lifestyle.
Estimated Market Value
$414,914+$19,914 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2995 Masterson Subject 4 bd · 3 ba · 1,889 sqft · $220 | $395,000* List Price | 4 | 3 | 1,889 | $220 | - |
A 1482 Autry Way Sold 4 bd · 3 ba · 1,889 sqft · $201 · 0.0 mi | $380,000 | 4 | 3 | 1,889 | $201 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2021, this property is only 3 years old and meets the criteria for excellent condition. The kitchen and bathrooms feature modern finishes including granite countertops, dark wood cabinetry, and stainless steel appliances. All major systems (HVAC, Electric) are nearly new, and the home is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2021, this home offers the benefits of contemporary building standards, energy efficiency, and updated systems, significantly reducing the need for immediate repairs or maintenance.
- Functional Family Layout
Featuring 4 bedrooms and 3 full bathrooms within 1,889 square feet, the property provides a versatile and spacious floor plan that is highly desirable for growing families or multi-generational living.
- Competitive Market Value
Priced at $395,000 for a nearly new residence, this property represents a strong value proposition in the Merced market compared to older inventory in the same price bracket.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 3,640 square foot lot is relatively compact for a single-family residence, which may limit outdoor recreational space and privacy between neighboring homes.
- Recurring HOA Expenses
The $106 monthly association fee adds to the total cost of ownership and subjects the homeowner to community restrictions and oversight.
About 2995 Masterson
Exceptional opportunity in Merced. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 3,640 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $106.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,889 | 1,698.064 |
| Lot Size | 3,640 | 6,572.897 |
| Price | $395.0K | $415.4K |
| Price per sq ft | $209 | $253 |
| Built year | 2021 | 2002 |
| HOA | $106.0 | $108 |
| Days on market | 22 | 68 |
Pricing History
Listed for Sale
Oct 2, 2026
$395,000
Initial Listing
Sold
Mar 9, 2021
$298,000
Public Record
Sold
Dec 17, 2018
$1,600,000
Public Record