
Merced, California 95348
This property presents a High-Potential Investment Opportunity with a List Price of $399,950—positioned well below the $361,482 Fair Market Value by -10%. While the home maintains a Fair Condition Rating (5/10) due to its original 1977 finishes, the functional 1,589 sqft floor plan offers a clear path for value-add renovations. Located in a prime North Merced neighborhood near Merced College, this asset provides strong rental demand and long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3553 Beals Subject | $399,950* List Price | 3 | 2 | 1,589 | $227 | - |
A 19 Sun Valley Court Sold | $380,000 | 3 | 2 | 1,577 | $241 | 0.3 mi |
B 3440 La Jolla Drive Sold | $344,000 | 3 | 2 | 1,328 | $259 | 0.4 mi |
C 564 Della Court Sold | $415,000 | 3 | 2 | 1,589 | $261 | 0.2 mi |
D 4140 Mondavi Avenue Sold | $461,000 | 3 | 2 | 1,761 | $262 | 0.7 mi |
E 639 W Donna Drive Sold | $367,000 | 3 | 2 | 1,327 | $277 | 0.3 mi |
F 437 Rice Court Sold | $320,000 | 3 | 2 | 1,120 | $286 | 0.4 mi |
G 3438 Tres Logos Drive Sold | $480,000 | 4 | 2 | 1,738 | $276 | 0.8 mi |
H 3552 Wathen Court Active | $390,000 List Price | 3 | 2 | 1,589 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this property features a kitchen and bathrooms that appear largely original to the build date (45+ years). While the home is described as well-maintained and shows some cosmetic updates like newer carpet, the dark wood cabinetry, tile countertops, and aged appliances require a full rehab to meet modern standards, placing it in the poor category based on age and renovation status.
Situated in a highly sought-after neighborhood, the property offers excellent proximity to Merced College, shopping centers, and popular restaurants, making it ideal for families and commuters.
With 1,589 square feet of living space, the home features a well-maintained floor plan with generously sized bedrooms and ample natural light, providing a comfortable living environment.
The property's location and condition make it an attractive option for a variety of buyers, including first-time homeowners and investors looking for a stable asset in a desirable area.
Built in 1977, the home may require updates to its original systems or cosmetic finishes to meet modern energy efficiency standards and contemporary aesthetic preferences.
The 6,180 square foot lot is relatively standard for the suburban area, which may limit buyers looking for extensive outdoor space or significant expansion opportunities.
Welcome to this charming 3-bedroom, 2-bathroom home located in desirable North Merced! Offering a comfortable and functional floor plan, this well-maintained property is perfect for families, first-time buyers, or investors. Enjoy spacious living areas, generously sized bedrooms, and plenty of natural light throughout. Conveniently situated just minutes from Merced College (MJC), shopping centers, popular restaurants, parks, and everyday amenities. This home provides the perfect balance of comfort and convenience. Whether you're commuting, attending school, or simply enjoying all that North Merced has to offer, you'll appreciate the prime location. Don't miss this opportunity to own a wonderful home in one of Merced's most sought-after neighborhoods!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,589 | 1,721.5 |
| Lot Size | 6,180 | 7,120 |
| Price | $399.9K | $407.4K |
| Price per sq ft | $252 | $253 |
| Built year | 1977 | 2002 |
| HOA | $0 | $108 |
| Days on market | 30 | 62 |
Jun 22, 2026
$399,950
Initial Listing