3125 N Parsons, Merced, California 95340, Merced, 95340 - 4 bed, 2 bath
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3125 N Parsons
Merced, California 95340
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,569Sq Ft
6,699Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$398,035
3% BelowMARKET VALUE
SUMMARY
This 4-bedroom Single Family Residence is a Strong Value Opportunity, listed at $385,000—positioned well below the $398,035 Fair Market Value by 3%. This valuation gap offers $13,035 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a modernized kitchen and a covered concrete patio. Its strategic location near UC Merced ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, move-in ready asset.
Estimated Market Value
$398,035+$13,035 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 |
|---|---|---|---|---|---|---|
★ 3125 N Parsons Subject | $385,000* List Price | 4 | 2 | 1,569 | $254 | - |
A 3018 Marie Court Sold | $398,000 | 3 | 2 | 1,286 | $309 | 0.2 mi |
B 2348 Katy Ln Sold | $375,000 | 3 | 2 | 1,454 | $258 | 0.5 mi |
C 1146 Gregory Court Sold | $435,000 | 3 | 2 | 1,825 | $238 | 0.3 mi |
D 3312 Cherokee Avenue Sold | $380,000 | 4 | 2 | 1,381 | $275 | 0.6 mi |
E 450 El Portal Drive Sold | $425,000 | 4 | 2 | 1,615 | $263 | 0.9 mi |
F 3332 Shamrock Sold | $442,000 | 3 | 2 | 1,788 | $247 | 0.4 mi |
G 1073 El Portal Sold | $393,000 | 3 | 2 | 1,413 | $278 | 0.6 mi |
H 1445 Cameron Lane Sold | $375,000 | 3 | 2 | 1,517 | $247 | 0.9 mi |
I 3056 Bedford Active | $385,000 List Price | 3 | 2 | 1,358 | $284 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1968, the property features a renovated kitchen with Corian countertops and stainless steel appliances, suggesting updates within the 5-15 year range. The interior is well-maintained and move-in ready with updated flooring and a master suite, though popcorn ceilings and older exterior finishes prevent an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen
The kitchen features updated Corian countertops and stainless steel appliances, providing a contemporary aesthetic and functional workspace that adds significant value to the home.
- Functional Family Layout
The floor plan includes separate family and living rooms, offering versatile spaces for both formal entertaining and casual daily relaxation, which is highly desirable for growing families.
- Strategic Location
Proximity to UC Merced, local churches, and shopping centers makes this property an attractive option for both owner-occupants and investors seeking a high-demand rental area.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1968, the property may require updates to original systems such as plumbing, electrical, or insulation to meet modern efficiency and safety standards.
- Compact Bedroom Dimensions
Fitting four bedrooms into 1,569 square feet suggests that individual room sizes may be relatively small, potentially limiting furniture arrangements and storage capacity.
About 3125 N Parsons
Welcome to this charming 4-bedroom, 2-bathroom home nestled in an established Merced neighborhood. Offering 1,569 square feet of thoughtfully designed living space, this property is perfect for families seeking comfort and convenience. As you step inside, you'll be greeted by a welcoming entryway that seamlessly flows into separate family and living rooms, providing ample space for relaxation and entertainment. The modern kitchen is a chef's delight, featuring sleek Corian countertops and stainless steel appliances that promise both style and functionality. The primary bedroom boasts a private master bathroom, offering a tranquil retreat at the end of the day. Set on a generous 6,699 square foot lot, the home includes a front yard that adds to its curb appeal. The backyard is perfect for outdoor gatherings, complete with a covered concrete patio and plenty of space for activities. Located near UC Merced, churches, and shopping, this home offers both a peaceful residential feel and access to essential amenities. Don't miss the chance to make this delightful home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 6,699 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,569 | 1,694.749 |
| Lot Size | 6,699 | 6,619.141 |
| Price | $385.0K | $413.1K |
| Price per sq ft | $245 | $254 |
| Built year | 1968 | 2002 |
| HOA | $0 | $108 |
| Days on market | 12 | 66 |
Pricing History
Listed for Sale
Aug 28, 2026
$385,000
Initial Listing
Sold
Apr 19, 2016
$182,500
Public Record
Sold
May 28, 2010
$105,000
Public Record
Sold
May 2, 2006
$258,000
Public Record