437 Rice Court, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
437 Rice Court
Merced, California 95348
Property Price
SUMMARY
Analysis of 437 Rice Court, Merced, California 95348 reveals a property with a current list price of $330,000, which is 9% above the estimated $301,246 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 437 Rice Court Subject | $330,000* List Price | 3 | 2 | 1,120 | $269 | - |
A 3449 Bautista Court Sold | $375,000 | 3 | 2 | 1,327 | $283 | 0.5 mi |
B 3550 San Jose Avenue Sold | $385,000 | 3 | 2 | 1,421 | $271 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1993, this property is over 30 years old and appears to be in mostly original condition. While the home is clean and well-maintained, the kitchen and bathrooms feature dated oak cabinetry, older white appliances, and 1990s-era fixtures and flooring. It fits the 'fair' criteria as an aged but functional home that has not undergone significant modern renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Cul-de-Sac Location
Situated in the desirable Campus North neighborhood on a quiet cul-de-sac, providing a safe and peaceful environment ideal for families, students, or faculty.
- Structural Value and Design
The home features a durable, long-lasting tile roof and high ceilings in the living room, which enhances the sense of space and provides long-term maintenance benefits.
- Strong Investment Potential
With a significant $50,000 price reduction from the original listing, this property offers excellent value and a low entry point for first-time buyers or rental investors.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,120 square feet for a three-bedroom residence, the interior layout may feel restrictive for larger families or those requiring generous room dimensions.
- Dated Construction Era
Built in 1993, the property may require cosmetic updates or modernization of systems and appliances to meet the expectations of contemporary buyers.
About 437 Rice Court
Charming 3-bedroom, 2-bathroom home located on a cul-de-sac in the Campus North neighborhood. With 1,120 square feet, this home features an open-concept layout, high ceilings in the living room, and an eat-in kitchen that overlooks the main living area. The spacious backyard offers endless possibilities for outdoor enjoyment. The tile roof provides long-lasting value. A great opportunity for first-time buyers, downsizers, or investors alike.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 6,019 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 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,752 | 7% |
| Lot Size | 6,019 | 6,144 | 38% |
| Price | $330.0K | $429.0K | 8% |
| Price per sq ft | $295 | $247 | 87% |
| Built year | 1993 | 2007 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 160 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$330,000
Initial Listing
Price Change
Feb 11, 2026
$380,000
Initial Listing