3054 Silver Elm Court, Merced, California 95340, Merced, 95340 - 4 bed, 3 bath
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Merced, California 95340
This 4-bedroom Single Family Residence is a Prime Investment Opportunity, listed at $425,000—positioned well below the $434,286 Fair Market Value by 2%. This valuation gap offers $9,286 in Instant Equity. Featuring a Main-Floor Primary Suite and a private backyard with a new fence, the home maintains a Condition Rating of 4. While cosmetic updates will enhance long-term value, the quiet cul-de-sac location ensures steady demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3054 Silver Elm Court Subject | $425,000* List Price | 4 | 3 | 1,938 | $224 | - |
A 1048 Vernal Sold | $460,000 | 4 | 2 | 1,615 | $285 | 0.7 mi |
B 3067 Aspen Street Sold | $365,650 | 3 | 2 | 1,649 | $222 | 0.1 mi |
C 3563 Century Sold | $375,000 | 2 | 2 | 1,405 | $267 | 0.9 mi |
D 3045 Silver Elm Active | $389,000 List Price | 3 | 2 | 1,648 | $236 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this 36-year-old home is functional but dated. The kitchen and bathrooms feature original-style tile countertops and older cabinetry. While the property is move-in ready with a new fence and artificial turf, the cracked driveway and aged interior finishes (carpet and fixtures) indicate a need for minor repairs and modern updates.
Situated at the end of a quiet cul-de-sac, this property offers enhanced privacy and significantly reduced traffic, making it a safe and peaceful environment for families.
The ground-floor placement of the primary bedroom and bathroom provides a highly desirable and accessible layout, catering to buyers looking for long-term residency or multi-generational living.
The backyard is designed for ease of ownership with a brand new fence, artificial turf, and pavers, offering a private, shaded retreat without the burden of extensive landscaping upkeep.
With a lot size of 4,178 sq.ft. for a nearly 2,000 sq.ft. home, the outdoor space is relatively compact, which may be a drawback for buyers seeking large yards or gardening space.
Built in 1988 and lacking mention of recent interior upgrades, the home may require additional capital investment to update cosmetic finishes and fixtures to meet contemporary market standards.
This is a great opportunity for a solid 4-bedroom home on a quiet cul-de-sac in a lovely Merced neighborhood! Proceed to the back of the cul-de-sac and pull into the two-car garage of this 1,938 sq.ft. two-story home. The garage and front door both open into a large entry/living room area. The kitchen, dining room, pantry, laundry room, half bath, and Primary bedroom/bathroom are all on the ground floor. There are 3 sliding glass doors on the main floor that open to the private backyard, which features a brand new fence. The floor plan is open so you can see down into the kitchen and living room from upstairs. There are three more bedrooms and a full bathroom upstairs. The yards require minimal maintenance and the backyard features a patch of artificial turf and some pavers with great shade cover most of the day. Excellent family home or quality rental investment! Please come and see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,938 | 1,721.5 |
| Lot Size | 4,178 | 7,120 |
| Price | $425.0K | $407.4K |
| Price per sq ft | $219 | $253 |
| Built year | 1988 | 2002 |
| HOA | $0 | $108 |
| Days on market | 19 | 62 |
Jul 3, 2026
$425,000
Initial Listing
Dec 14, 2012
$176,000
Public Record
Jun 19, 2002
$205,000
Public Record