466 Columbia, Merced, California 95340, Merced, 95340 - 4 bed, 2 bath

466 Columbia, Merced, California 95340 home-pic-0

466 Columbia

Merced, California 95340

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,602Sq Ft
6,000Lot Size

Property Price

LIST PRICE$400,000
EST. MARKET VALUE
$443,437
9% BelowMARKET VALUE

SUMMARY

Analysis of 466 Columbia, Merced, California 95340 reveals a Prime Investment Opportunity with a current list price of $400,000—significantly undercutting the $443,437 Fair Market Value by 9%. This valuation gap indicates a +$43,437 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$443,437 +$43,437 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Merced.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
466 Columbia
Subject
$400,000*
List Price
421,602$277-
A
3303 Sutter
Sold
$373,800421,381$2710.1 mi
B
1101 Kensington Drive
Sold
$360,000421,623$2220.4 mi
C
873 Amador Ct.
Sold
$402,000421,381$2910.2 mi
D
3161 Kingsland
Sold
$399,000321,656$2410.3 mi
E
3338 Columbia
Active Under Contract
$399,000
List Price
421,543$2590.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive recent 'top to bottom' renovation within the last year, featuring a new solar-resistant roof, brand-new stainless steel kitchen appliances, granite countertops, and new carpeting and paint throughout. Additionally, the swimming pool has been newly plastered and refurbished with updated lighting, meeting the criteria for a fully renovated home with modern standards and no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Comprehensive Recent Upgrades

    The home features extensive top-to-bottom refreshments, including a new solar-resistant roof, fresh interior and exterior paint, new carpeting, and updated stainless steel appliances, ensuring a move-in-ready experience for the buyer.

  • Premium Outdoor Living

    The property boasts a newly refurbished and plastered swimming pool with updated lighting, complemented by a prime location backing onto a peaceful greenbelt with direct access to the Black Rascal Creek walking and biking trails.

  • Versatile Kitchen Layout

    The oversized kitchen has been modernized with granite countertops and provides exceptional flexibility to accommodate formal dining or an additional living area, making it a highly functional hub for the home.

CONSRISKS & DEFICIENCIES

  • 1970s Era Infrastructure

    While the home has been aesthetically refreshed, the 1972 construction date suggests that underlying core systems such as plumbing or electrical may be older compared to modern building standards.

  • Limited Yard Versatility

    Given the 6,000-square-foot lot size and the presence of a swimming pool, there is limited remaining yard space for traditional landscaping, gardening, or additional outdoor play areas.

About 466 Columbia

NEW, NEW, NEW — beautifully refreshed from top to bottom! Welcome to Park Village and one of the most desirable floor plans in this well-established neighborhood. From the moment you arrive, the home’s newly painted exterior and new solar resistant roof and inviting design deliver standout curb appeal with warmth and charm. Enjoy your morning coffee or evening unwind on the welcoming front patio. Step inside to discover a newly painted interior and brand-new carpet throughout. The oversized kitchen—one of the most loved features of this floor plan—offers exceptional flexibility, with space for formal dining, an additional living area, or both. It has been tastefully upgraded with granite countertops, all new stainless steel appliances, new disposal and abundant cabinetry for ample storage. The home offers four generously sized bedrooms, thoughtfully designed to maximize comfort and functionality. And the best is yet to come—step outside to your newly re furbished and plastered swimming pool including new low voltage pool lighting which create a private backyard oasis perfect for relaxing and entertaining all summer long. Backing to a peaceful greenbelt with direct access to the Black Rascal Creek walking and biking trail, this home also enjoys close proximity to top-rated schools and North Merced’s newest shopping and dining destinations. A true must-see—schedule your private showing today.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
6,000 Sq. Ft.

Interior

Total Bedrooms
4
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
65%
Baths2.02.0
50%
Square foot1,6021,566
55%
Lot Size6,0007,500
13%
Price$400.0K$360.0K
67%
Price per sq ft$250$245
55%
Built year19721967
54%
HOA$0$0
50%
Days on market36171
5%

Pricing History

Listed for Sale

Jan 30, 2026

$400,000

Initial Listing

Sold

Aug 8, 2011

$120,000

Public Record

Sold

Aug 24, 2004

$275,000

Public Record

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