361 Serano Street, Merced, California 95341, Merced, 95341 - 3 bed, 2 bath
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361 Serano Street
Merced, California 95341
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,511Sq Ft
6,001Lot Size
Property Price
LIST PRICE$369,000
EST. MARKET VALUE
$359,831
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $369,000—positioned well below the $359,832 Fair Market Value by -2%. While the home maintains a Fair Condition Rating, recent interior upgrades including new paint and flooring provide a solid foundation. The property features a Patio and is situated within the Weaver Union elementary school district, offering stability for families. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready residence with long-term potential.
Estimated Market Value
$359,831
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 |
|---|---|---|---|---|---|---|
★ 361 Serano Street Subject 3 bd · 2 ba · 1,511 sqft · $238 | $369,000* List Price | 3 | 2 | 1,511 | $238 | - |
A 156 El Verano Court Sold 3 bd · 2 ba · 1,313 sqft · $282 · 0.2 mi | $370,000 | 3 | 2 | 1,313 | $282 | 0.2 mi |
B 452 Las Brisas Court Sold 4 bd · 2 ba · 1,277 sqft · $243 · 0.2 mi | $310,000 | 4 | 2 | 1,277 | $243 | 0.2 mi |
C 536 Margaret Court Sold 4 bd · 2 ba · 1,617 sqft · $220 · 0.7 mi | $356,000 | 4 | 2 | 1,617 | $220 | 0.7 mi |
D 168 Sisco De Asis Court Sold 3 bd · 2 ba · 1,313 sqft · $274 · 0.4 mi | $360,000 | 3 | 2 | 1,313 | $274 | 0.4 mi |
E 195 Antonio De Padua Court Sold 3 bd · 2 ba · 1,313 sqft · $278 · 0.3 mi | $365,000 | 3 | 2 | 1,313 | $278 | 0.3 mi |
F 596 St Teresa Court Sold 4 bd · 2 ba · 1,706 sqft · $223 · 0.8 mi | $379,900 | 4 | 2 | 1,706 | $223 | 0.8 mi |
G 557 Monique St Sold 4 bd · 2 ba · 1,455 sqft · $258 · 0.7 mi | $375,000 | 4 | 2 | 1,455 | $258 | 0.7 mi |
H 178 La Purisima Court Active 4 bd · 2 ba · 1,511 sqft · $242 · 0.5 mi | $365,000 List Price | 4 | 2 | 1,511 | $242 | 0.5 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 2000 (24 years old), the property meets the Fair criteria. While it has received a cosmetic refresh with new paint and flooring, the kitchen and bathrooms remain dated with original cabinetry, laminate countertops, and older light fixtures. The 'as-is' sale preference suggests that major systems like the HVAC and roof are likely original and nearing the end of their typical 20-25 year lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Upgrades
The home features brand new paint and flooring throughout, providing a fresh, move-in-ready aesthetic that significantly enhances its immediate market appeal.
- Modern Climate Control
Equipped with both central forced air heating and central air conditioning, the property ensures year-round comfort, which is a vital feature for the Merced climate.
- Family-Oriented Location
Situated within the Weaver Union elementary school district, the property is highly attractive to families seeking quality educational options for their children.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The seller's preference for an 'as-is' sale suggests that the buyer may need to absorb the costs of any necessary repairs or deferred maintenance.
- High Market Competition
Currently listed as 'Active Under Contract' within just 19 days, prospective buyers face limited leverage and a narrow window for negotiation.
About 361 Serano Street
This 3-bedroom, 2-bathroom home is located in Merced within the Weaver Union elementary school district. The residence offers approximately 1,511 square feet of living space, featuring central forced air heating and central air conditioning for year-round comfort. New paint, New flooring. Prefer "as-is" sale.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 6,001 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 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,511 | 1,698.064 |
| Lot Size | 6,001 | 6,572.897 |
| Price | $369.0K | $415.4K |
| Price per sq ft | $244 | $253 |
| Built year | 2000 | 2002 |
| HOA | $0 | $108 |
| Days on market | 15 | 68 |
Pricing History
Listed for Sale
Oct 9, 2026
$369,000
Initial Listing
Sold
May 1, 2009
$74,000
Public Record
Sold
Jul 13, 2000
$108,500
Public Record