3216 El Capitan, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
3216 El Capitan
Merced, California 95340
Property Price
SUMMARY
Analysis of 3216 El Capitan, Merced, California 95340 reveals a Fairly Priced Property with a current list price of $345,000 aligned with the estimated $336,235 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3216 El Capitan Subject | $345,000* List Price | 3 | 2 | 1,446 | $233 | - |
A 3334 El Capitan Ct Sold | $350,000 | 3 | 2 | 1,418 | $247 | 0.1 mi |
B 280 E Olive Sold | $282,000 | 3 | 2 | 1,338 | $211 | 0.2 mi |
C 830 Brookdale Drive Sold | $407,000 | 3 | 2 | 1,513 | $269 | 0.2 mi |
D 2660 6th Ave. Sold | $325,000 | 3 | 2 | 1,510 | $215 | 1.0 mi |
E 3151 Cherokee Sold | $385,000 | 3 | 2 | 1,295 | $297 | 0.2 mi |
F 2846 N Parsons Sold | $345,000 | 3 | 2 | 1,308 | $264 | 0.9 mi |
G 3191 El Capitan Active | $355,000 List Price | 3 | 2 | 1,315 | $270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, this property is well-maintained but shows its age. While it features a newer roof and a recently remodeled guest shower, the kitchen and primary bathroom remain largely dated. The presence of original hardwood floors and older infrastructure suggests the home is functional but requires further modernization to meet current 'good' or 'excellent' standards.
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 = 7440, living area = 1446.
- Competitive Value Proposition
Priced under $350,000, this property represents a strong entry-level opportunity for a three-bedroom single-family home in a central Merced location.
- Versatile Interior Layout
The inclusion of two distinct living areas and a primary suite provides exceptional functional flexibility for families or those needing dedicated home office space.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
As a 1960s-built residence, the property may feature dated electrical or plumbing systems that could require future modernization to meet contemporary standards.
- Limited Aesthetic Outlook
The property lacks any significant views, which may be a drawback for buyers prioritizing scenic surroundings or a sense of openness.
About 3216 El Capitan
Looking for a 3-bed single family home in Merced under $350K? This centrally located gem near shopping, dining, and gyms offers the space and flexibility today’s buyers want. With two large living areas, hardwood floors in all bedrooms, and a newly remodeled guest shower, this 1960-built home blends comfort and updates in a prime location. Set on a 7,440 sq ft lot, the home spans 1,446 sq ft of interior living space and features two spacious living rooms—ideal for entertaining, multi-use setups, or added privacy. Original hardwood floors run throughout all bedrooms, adding warmth and timeless charm. A newer roof adds to the home's strong fundamentals. The primary suite includes its own bathroom for added convenience, while the hall bath features a newly updated shower for guests and daily use. The backyard offers generous outdoor space for play, gardening, or future expansion. A two-car garage provides secure parking and storage options. Whether you're investing or settling in, this property offers solid value, location, and flexibility. Located minutes from Merced College, gyms, shopping centers, and local parks. Showings available by appointment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,440 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,446 | 1,551 | 38% |
| Lot Size | 7,440 | 7,500 | 40% |
| Price | $345.0K | $360.0K | 34% |
| Price per sq ft | $239 | $244 | 47% |
| Built year | 1960 | 1965 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 171 | 3% |
Pricing History
Listed for Sale
Feb 10, 2026
$345,000
Initial Listing
Sold
Sep 22, 2009
$66,500
Public Record
Sold
Oct 8, 2003
$92,000
Public Record