494 E Merritt Avenue, Tulare, CA 93274, Tulare, 93274 - 3 bed, 2 bath
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Tulare, CA 93274
This Spacious Mid-Century Residence is listed at $407,000, positioned above the $331,824 Fair Market Value. Featuring a Condition Rating of 4, the home is well-maintained but dated, offering a prime opportunity for cosmetic value-add. Key features include a Gated Pool, a massive 12,211 sqft Lot, and rare Mother-in-Law Quarters for multi-generational living. Located in a desirable Northeast Tulare neighborhood near local schools and hospitals, the property offers a high-utility lifestyle in an established community. This is a versatile choice for Owner-Occupants or first-time buyers seeking a functional family sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 494 E Merritt Avenue Subject | $389,900* List Price | 3 | 2 | 1,963 | $163 | - |
A 530 E Estate Drive Sold | $472,000 | 3 | 3 | 2,428 | $194 | 0.1 mi |
B 247 E Kennedy Active | $399,900 List Price | 3 | 2 | 1,884 | $212 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is well-maintained but dated. While it features newer laminate flooring and a roof in good condition, the kitchen and bathrooms show significant age with older tile work and cabinetry exceeding 20 years. The mother-in-law quarters bathroom is particularly dated and requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12211, living area = 1963.
The inclusion of dedicated mother-in-law quarters with a private bathroom offers exceptional flexibility for extended family living or potential rental income opportunities.
Situated on a generous 12,211 sqft lot, the property features a gated pool, storage shed, and a dollhouse, providing a complete backyard retreat for families and entertainers.
Built in 1959, the property may require updates to major systems or cosmetic renovations to meet modern energy efficiency and aesthetic standards.
The expansive lot size and private pool demand significant ongoing financial and time commitments for landscaping and specialized pool upkeep.
This beautiful 3-bedroom, 2-bathroom home is tucked away in an established, desirable Northeast Tulare neighborhood. It is conveniently located near shopping centers, a hospital, local restaurants, schools, and grocery stores, making it the perfect property for a first-time homebuyer or an investor. Key features include laminate flooring, a fireplace, a living room dining area, and mother-in-law quarters with a bathroom. The exterior offers a storage shed, a dollhouse, and a beautiful gated pool.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,963 | 1,669 | 50% |
| Lot Size | 12,211 | 9,630 | 67% |
| Price | $389.9K | $344.9K | 50% |
| Price per sq ft | $199 | $217 | 33% |
| Built year | 1959 | 1966 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 180 | 17% |
May 21, 2026
$389,900
$399,000
-2% Price Drop
Initial Listing
May 10, 2026
$399,000
$407,000
-2% Price Drop
Initial Listing
Apr 7, 2026
$407,000
Initial Listing