3451 Paseo Verde, Merced, California 95348, Merced, 95348 - 4 bed, 2 bath
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Merced, California 95348
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $439,000—positioned well above the $423,521 Fair Market Value by 3%. While the property is currently priced slightly above market, its Condition Rating of 4 provides a clear path for value-add through cosmetic updates to the original 1997 interiors. Featuring a 1,943 sqft open floor plan, a large covered patio, and proximity to Rudolph Rivera Middle School, this home is an ideal project for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3451 Paseo Verde Subject | $439,000* List Price | 4 | 2 | 1,943 | $218 | - |
A 3500 Paseo Verde Avenue Sold | $450,000 | 3 | 2 | 2,001 | $225 | 0.1 mi |
B 1151 Mazatlan Sold | $444,888 | 5 | 3 | 2,243 | $198 | 0.2 mi |
C 3406 Lago Court Sold | $442,000 | 4 | 3 | 2,066 | $214 | 0.2 mi |
D 3585 Cabrillo Ct Sold | $409,750 | 3 | 2 | 1,665 | $246 | 0.3 mi |
E 3563 Santiago Sold | $454,500 | 4 | 2 | 1,830 | $248 | 0.9 mi |
F 1304 Belmont Sold | $415,000 | 4 | 3 | 2,044 | $203 | 0.5 mi |
G 564 Della Court Sold | $415,000 | 3 | 2 | 1,589 | $261 | 0.6 mi |
H 3367 M Street Sold | $420,000 | 4 | 2 | 1,793 | $234 | 0.5 mi |
I 3482 Paseo Verde Avenue Pending | $474,900 List Price | 4 | 3 | 1,956 | $243 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 27-year-old home is in mostly original condition. The kitchen features dated oak cabinetry and tile countertops, and the interior shows older teal carpeting. While functional and well-maintained, the property exceeds the 20-year threshold for 'Good' and requires cosmetic updates and minor repairs to meet modern standards.
Situated in the desirable Fahren's Park neighborhood, this home is within walking distance to elementary and middle schools and offers easy access to parks, biking trails, and shopping.
The 1,943 sqft layout features high ceilings, abundant natural light, and a seamless flow between the kitchen and living areas, making it ideal for modern family living and entertaining.
The property boasts a large covered patio and low-maintenance landscaping, providing an excellent space for outdoor gatherings without the burden of intensive yard work.
The kitchen features tile countertops and 1990s-era styling, which may require modern upgrades to meet the expectations of contemporary buyers.
Despite the convenient proximity to local campuses, the assigned schools currently hold lower-than-average ratings, which could be a consideration for education-focused families.
SPACIOUS AND INVITING this 4 bedroom, 2 bathroom home offers 1,943 sqft of well- designed living space in the desireable neighborhood of Fahren's Park. The open floor plan is ideal, offering high ceilings and lots of windows throughout providing ample natural light. The living room features custom built-in shelving with lightening, and a cozy brick fireplace as is open to the Kitchen. The eat in kitchen offers a tile counter, breakfast bar and plenty of storage. There is also a Formal dining room that offers a great space for entertaining and holiday gatherings! The spacious Primary suite includes a large walk-in closet with built in shelving! Step outside to low maintenance living! Featuring a large covered patio, perfect for hosting your summer BBQ's, established fruit tree, and a garden shed. This home includes a two car garage and indoor laundry room!! Nearby parks, schools, dog parks, biking trails, restaurants & shoping mall. All the conveniences, in a great location at a great price
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.5 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,943 | 1,721.5 |
| Lot Size | 6,004 | 7,120 |
| Price | $439.0K | $407.4K |
| Price per sq ft | $226 | $253 |
| Built year | 1997 | 2002 |
| HOA | $0 | $108 |
| Days on market | 9 | 62 |
Jul 13, 2026
$439,000
Initial Listing
Jan 9, 1998
$146,000
Public Record