315 Diane Court, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath

315 Diane Court, Merced, California 95348 home-pic-0

315 Diane Court

Merced, California 95348

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,607Sq Ft
8,110Lot Size

Property Price

LIST PRICE$399,000
EST. MARKET VALUE
$381,047
4% AboveMARKET VALUE

SUMMARY

Analysis of 315 Diane Court, Merced, California 95348 reveals a property with a current list price of $399,000, which is 4% above the estimated $381,047 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$381,047
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
315 Diane Court
Subject
$399,000*
List Price
321,607$237-
A
677 Northwood Drive
Sold
$355,000321,358$2610.3 mi
B
457 Brian Court
Sold
$350,000321,752$2000.1 mi
C
3367 M Street
Active Under Contract
$420,000
List Price
421,793$2340.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although built in 1969, the property is move-in ready and has undergone significant renovations that align with 'good' condition criteria. The kitchen is modernized with custom alder cabinetry, quartz countertops, and stainless steel appliances. The primary bathroom has been upgraded with granite surfaces and a tiled walk-in shower. The presence of dual-pane windows, recessed lighting, and well-maintained flooring suggests extensive updates within the last 5 to 15 years, though some original elements like the garage-located laundry and an older exterior shed prevent it from reaching the 'excellent' tier.

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 = 8110, living area = 1607.

  • Modernized Kitchen

    The kitchen has been thoughtfully upgraded with custom alder cabinetry, quartz countertops, and stainless steel appliances, providing a high-end contemporary feel.

  • Private Cul-de-Sac Location

    Tucked away at the end of a quiet cul-de-sac, the property offers superior privacy, minimal traffic, and a safe environment for families.

CONSRISKS & DEFICIENCIES

  • Garage-Located Laundry

    The washer and dryer hookups are located in the garage rather than an interior laundry room, which may be a convenience drawback for some buyers.

  • Aging Secondary Structures

    The inclusion of an 'old shed' and the home's 1969 original construction date suggest that some exterior elements may require near-term maintenance or removal.

About 315 Diane Court

Charming 3-Bed, 2-Bath Home Tucked Away on a Quiet Cul-de-Sac offering privacy, comfort, and generous indoor and outdoor space! The stucco exterior, custom gutters, and attractive front landscaping create a welcoming first impression, along with ample parking. Inside, you’ll find spacious living areas, including a large living room and a family room featuring a brick fireplace with gas insert, custom bookshelves, and sliding doors that open to the backyard. The kitchen is thoughtfully designed with custom alder cabinetry, quartz countertops, recessed lighting, and stainless steel appliances plus a breakfast nook. The primary suite provides a comfortable retreat with a large closet and an upgraded bathroom featuring granite countertops and a tiled walk-in shower. Two additional bedrooms and a well-appointed hall bathroom offer flexibility for a variety of living needs. The expansive backyard is a true highlight, showcasing a fully landscaped, park-like setting with mature trees, generous concrete patio areas, and an old shed for additional storage. Additional features include dual-pane windows, a two-car garage with extra storage, washer and dryer hookups located in the garage, a double-strapped water heater, and a convenient location near schools, shopping centers, parks, and other everyday amenities.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1969
Lot Size
8,110 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 foot1,6071,752
39%
Lot Size8,1106,203
75%
Price$399.0K$429.0K
37%
Price per sq ft$248$247
55%
Built year19692007
8%
HOA$0$0
50%
Days on market5160
1%

Pricing History

Listed for Sale

Mar 2, 2026

$399,000

Initial Listing

Browse Properties by State Browse housing market trends by state