3205 N Parsons, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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3205 N Parsons
Merced, California 95340
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,408Sq Ft
7,312Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$340,892
SUMMARY
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned slightly above the $343,898 Fair Market Value. While the property requires updates, its Condition Rating of 4 reflects a solid, functional structure ready for modernization. The expansive 7,312 sqft lot and prime location across from an elementary school provide excellent long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic cosmetic renovations in a stable Merced neighborhood.
Estimated Market Value
$340,892
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 |
|---|---|---|---|---|---|---|
★ 3205 N Parsons Subject | $350,000* List Price | 3 | 2 | 1,408 | $242 | - |
A 1445 Brookdale Sold | $321,000 | 3 | 2 | 1,389 | $231 | 0.2 mi |
B 2257 E Olive Sold | $320,000 | 3 | 2 | 1,460 | $219 | 0.4 mi |
C 3191 El Capitan Sold | $337,500 | 3 | 2 | 1,315 | $257 | 0.8 mi |
D 3312 Cherokee Avenue Sold | $380,000 | 4 | 2 | 1,381 | $275 | 0.5 mi |
E 2348 Katy Ln Sold | $375,000 | 3 | 2 | 1,454 | $258 | 0.5 mi |
F 3018 Marie Court Sold | $398,000 | 3 | 2 | 1,286 | $309 | 0.3 mi |
G 1122 Kensington Drive Sold | $365,000 | 3 | 2 | 1,680 | $217 | 0.4 mi |
H 2979 Wainwright Sold | $372,000 | 3 | 2 | 1,538 | $242 | 0.9 mi |
I 3195 Nottingham Pending | $369,000 List Price | 3 | 2 | 1,366 | $270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1965, this home is significantly dated with a kitchen featuring older tile countertops and aged built-in appliances. While the property includes functional systems like central HVAC and appears move-in ready, the interior finishes, including the bathrooms and flooring, are over 20 years old and require modernization.
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 = 7312, living area = 1408.
- Prime Family Location
Situated directly across from an elementary school in an established North Merced neighborhood, this property offers exceptional walkability and convenience for families with young children.
- Functional Single-Story Layout
The home features a practical 3-bedroom, 2-bathroom floor plan equipped with essential modern comforts, including central heating and air and a cozy living room fireplace.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1965, the home is described as an opportunity to 'make it your own,' suggesting that buyers may need to budget for cosmetic updates or structural modernizations to meet current trends.
- School Zone Traffic
The property's immediate proximity to an elementary school will likely result in increased noise levels and significant traffic congestion during morning drop-off and afternoon pick-up hours.
About 3205 N Parsons
Located in an established North Merced neighborhood, this 3-bedroom, 2-bath home offers a comfortable single-story and a location that truly stands out. Situated directly across from an elementary school, the property provides excellent walkability and everyday convenience for families. The home offers a functional floor plan with a living room fireplace, central heating and air, indoor laundry in the garage, and a detached two-car garage. The spacious front and back yards provide room for outdoor enjoyment, entertaining, or future personalization. Enjoy being just minutes from shopping, dining, parks, and local services, with easy access to major roads for commuting throughout Merced and to UC Merced. The surrounding area features long-standing homes, mature trees, sidewalks, and a welcoming community atmosphere. A well-located property offering affordability, convenience, and the opportunity to make it your own in a desirable Merced neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 7,312 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,408 | 1,694.749 |
| Lot Size | 7,312 | 6,619.141 |
| Price | $350.0K | $413.1K |
| Price per sq ft | $249 | $254 |
| Built year | 1965 | 2002 |
| HOA | $0 | $108 |
| Days on market | 47 | 66 |
Pricing History
Listed for Sale
Jul 24, 2026
$350,000
Initial Listing
Sold
Nov 19, 2010
$100,000
Public Record