457 Petunia Court, Merced, California 95341, Merced, 95341 - 3 bed, 3 bath
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Merced, California 95341
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $424,000—positioned well above the $341,261 Fair Market Value by 24%. While the property carries a Fair Condition Rating due to its 21-year age, it offers a versatile 2,100+ sq ft layout with a flexible upstairs loft. Located near Campus Parkway and top-rated schools like Pioneer Elementary, this home provides significant lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, well-located property with long-term value potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 457 Petunia Court Subject | $424,000* List Price | 3 | 3 | 2,114 | $161 | - |
A 114 Ostrander Court Sold | $305,500 | 4 | 3 | 2,164 | $141 | 0.6 mi |
B 483 Azalea Court Sold | $405,000 | 4 | 3 | 2,114 | $192 | 0.1 mi |
C 71 Livorno Road Sold | $408,000 | 4 | 2 | 1,617 | $252 | 0.9 mi |
D 413 Hydrangea Court Active | $440,000 List Price | 4 | 3 | 1,864 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old and falls into the 'Fair' category as it exceeds the 20-year threshold without significant renovations. The kitchen and bathrooms are functional but dated, featuring original oak cabinetry, tile countertops, and white appliances. While well-maintained and move-in ready, the interior finishes and likely original HVAC/systems are reaching the end of their primary life cycle and require modern updates.
The property is ideally situated near Campus Parkway, providing seamless access to Highway 99, UC Merced, and Merced College, making it highly desirable for commuters and university staff.
With over 2,100 sq ft and an open floor plan, the home includes a spacious upstairs loft that offers the flexibility to be easily converted into a fourth bedroom or a professional home office.
Located just one block from a neighborhood park and playground, and within walking distance to both Pioneer Elementary and Weaver Middle School, the home is perfectly positioned for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
While the home offers significant square footage, it is currently configured with only three bedrooms, which may be a drawback for larger families compared to other homes of similar size.
The 5,375 sq ft lot is relatively compact for a 2,100+ sq ft residence, potentially limiting outdoor space for extensive gardening or large-scale backyard entertaining.
Welcome to this beautiful TWO-STORY HOME offering over 2,100 sq ft of comfortable living space in a convenient Merced location near CAMPUS PARKWAY. With 3 BEDROOMS and 2.5 BATHROOMS, this home provides PLENTY OF ROOM for family, guests, and everyday living. Step inside to an AIRY, OPEN FLOOR PLAN featuring gorgeous wood laminate flooring and a warm, inviting family room complete with a fireplace that conveniently turns on with the flip of a wall switch. The spacious kitchen is open to the family room, making it ideal for entertaining, and offers abundant cabinetry for storage along with views of the backyard and patio area. Downstairs you'll find a convenient guest half-bathroom and laundry room, while all bedrooms are located upstairs for added privacy. There is a loft upstairs that could be used as a home office, hobby area or has the potential to turn into a 4th BEDROOM. The expansive primary suite serves as a relaxing retreat with a SOAKING TUB, WALK-IN SHOWER, private WATER CLOSET, and a handy WALK-IN CLOSET. Outside, the backyard offers space to relax, entertain, and personalize, along with a STORAGE SHED for extra storage needs. A neighborhood PARK and PLAYGROUND are just ONE BLOCK AWAY, providing easy access to outdoor recreation. Living near Campus Parkway provides easy access to Hwy 99, UC Merced, and Merced College. Combining space, comfort, and a desirable location, THIS HOME IS READY FOR ITS NEXT OWNER to move in and enjoy! ***ESCROW PRE-OPENED with Annette Heikkila, Trans County Title - Merced. #26-00501-AMH***
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,114 | 1,532 | 87% |
| Lot Size | 5,375 | 5,000 | 65% |
| Price | $424.0K | $399.0K | 75% |
| Price per sq ft | $201 | $253 | 14% |
| Built year | 2005 | 2025 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 155 | 1% |
Jun 1, 2026
$424,000
Initial Listing
May 1, 2020
$275,000
Public Record
Jan 6, 2005
$335,000
Public Record