385 Emerald, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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385 Emerald
Merced, California 95340
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,706Sq Ft
7,438Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$404,043
4% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is listed at a List Price of $385,000—positioned well below the $404,044 Fair Market Value by 4%. This valuation gap offers $19,044 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and refreshed baths, providing a move-in-ready experience. With a large lot and parklike views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained residence.
Estimated Market Value
$404,043+$19,043 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 385 Emerald Subject | $385,000* List Price | 3 | 2 | 1,706 | $237 | - |
A 1146 Gregory Court Sold | $435,000 | 3 | 2 | 1,825 | $238 | 0.5 mi |
B 3332 Shamrock Sold | $442,000 | 3 | 2 | 1,788 | $247 | 0.8 mi |
C 2979 Wainwright Sold | $372,000 | 3 | 2 | 1,538 | $242 | 0.2 mi |
D 1122 Kensington Drive Sold | $365,000 | 3 | 2 | 1,680 | $217 | 0.4 mi |
E 639 Royal Arch Court Sold | $425,000 | 3 | 2 | 1,828 | $232 | 1.0 mi |
F 148 E 23rd Sold | $372,000 | 3 | 2 | 1,636 | $227 | 0.9 mi |
G 892 Amador Court Sold | $380,000 | 4 | 2 | 1,381 | $275 | 0.5 mi |
H 3312 Cherokee Avenue Sold | $380,000 | 4 | 2 | 1,381 | $275 | 0.6 mi |
I 544 Seminole Drive Active | $415,000 List Price | 4 | 2 | 1,645 | $252 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1977, the home has been well-maintained with a refreshed kitchen featuring granite countertops and updated bathrooms within the 5-15 year range. The interior shows pride of ownership and is move-in ready, though it retains some dated elements like popcorn ceilings.
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 = 7438, living area = 1706.
- Updated Key Interiors
The home features a modernized kitchen with granite countertops and refreshed bathrooms, offering a move-in-ready feel for the most high-value areas of the house.
- Enhanced Outdoor Living
A large covered patio combined with a generous 7,438 sq. ft. lot and parklike backyard views provides a superior space for outdoor entertaining and relaxation.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1977, the home may require more frequent maintenance or updates to major structural systems compared to newer constructions in the Merced area.
- Standard View Profile
Despite the pleasant backyard, the property is limited to a standard neighborhood view, which may lack the appeal of more unique or expansive scenic vistas.
About 385 Emerald
This 3-bedroom home in Merced offers comfortable single-story living in a convenient location near schools, shopping, restaurants, and everyday necessities. Very well maintained, the home features approximately 1,706 sq. ft. with 2 full baths, an attached garage, fireplace, and a generous 7,438 sq. ft. lot. With open parklike backyard views. The updated kitchen features granite countertops, while both bathrooms have been refreshed, including grab bars in the primary bath shower for added convenience. A separate living room and family room provide flexibility for everyday life, making it easy to keep activities separate when needed, whether relaxing, entertaining, watching TV, or enjoying a quieter space. The large covered patio extends the living area outdoors and creates an inviting setting for dining, relaxing, or gathering with guests. With thoughtful updates, evident pride of ownership, and a location that keeps shopping, dining, schools, and daily conveniences close by, this 3-bedroom home in Merced offers an appealing combination of comfort, practicality, and easy indoor-outdoor living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 7,438 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 | 1,706 | 1,694.749 |
| Lot Size | 7,438 | 6,619.141 |
| Price | $385.0K | $413.1K |
| Price per sq ft | $226 | $254 |
| Built year | 1977 | 2002 |
| HOA | $0 | $108 |
| Days on market | 6 | 66 |
Pricing History
Listed for Sale
Sep 3, 2026
$385,000
Initial Listing