59 W 27th, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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59 W 27th
Merced, California 95340
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,896Sq Ft
7,500Lot Size
Property Price
LIST PRICE$395,000
EST. MARKET VALUE
$402,379
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $395,000—positioned well below the $394,486 Fair Market Value (effectively at market price). With a Condition Rating of 4, the home features a refreshed interior with new flooring and paint, though it retains original 1980s wet areas. The 1,896 sqft open floor plan and private spa offer immediate lifestyle benefits in a central Merced location. This property is an ideal acquisition for first-time buyers or value-add investors seeking a stable, move-in ready foundation.
Estimated Market Value
$402,379
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 |
|---|---|---|---|---|---|---|
★ 59 W 27th Subject | $395,000* List Price | 3 | 2 | 1,896 | $212 | - |
A 2979 Wainwright Sold | $372,000 | 3 | 2 | 1,538 | $242 | 0.5 mi |
B 2550 4th Avenue Sold | $475,000 | 3 | 3 | 1,871 | $254 | 0.3 mi |
C 1445 Cameron Lane Sold | $375,000 | 3 | 2 | 1,517 | $247 | 0.9 mi |
D 2669 6th Sold | $401,000 | 3 | 3 | 1,674 | $240 | 0.3 mi |
E 1122 Kensington Drive Sold | $365,000 | 3 | 2 | 1,680 | $217 | 1.0 mi |
F 1054 W 24th Sold | $285,000 | 3 | 1 | 1,264 | $225 | 1.0 mi |
G 385 Emerald Active | $385,000 List Price | 3 | 2 | 1,706 | $226 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981 (43 years old), the property has received a cosmetic refresh with new interior paint and LVP flooring. However, the bathrooms remain in original condition with dated 1980s orange tile, and the light fixtures are aged. While functional and move-in ready, the home requires significant updates to the wet areas and likely the original systems to be considered modern.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The home has been recently refreshed with new interior paint and flooring, allowing for an immediate transition without the need for initial renovations.
- Desirable Central Location
Ideally situated in an established neighborhood near schools, parks, and downtown amenities, offering high convenience for families and commuters.
- Generous Living Space
With nearly 1,900 square feet and an open floor plan, the property provides a spacious and airy environment that is larger than many standard three-bedroom homes.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1981, the property may soon require updates to major systems like the roof or HVAC if they haven't been modernized beyond the cosmetic interior refreshes.
- Limited Exterior Updates
While the interior has been updated, the lack of mentioned exterior improvements suggests the home may retain its original 1980s curb appeal, which might require future investment.
About 59 W 27th
Welcome to 59 W. 27th Street in Merced, a charming property ideally situated in an established neighborhood close to schools, shopping, parks, and downtown amenities. This move in ready home offers a wonderful opportunity for first-time buyers, growing families, or investors looking for a property with convenience and potential. Refreshed with interior paint and flooring with an open floor plan. Enjoy easy access to local dining, everyday services, and commuter routes while living in a neighborhood known for its mature trees and welcoming atmosphere. Whether you're looking to personalize your dream home or add to your investment portfolio, this property provides a great foundation in a desirable central Merced location. Don't miss the chance to own a home that combines location, opportunity, and value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 7,500 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 | 1,896 | 1,694.749 |
| Lot Size | 7,500 | 6,619.141 |
| Price | $395.0K | $413.1K |
| Price per sq ft | $208 | $254 |
| Built year | 1981 | 2002 |
| HOA | $0 | $108 |
| Days on market | 35 | 66 |
Pricing History
Listed for Sale
Aug 5, 2026
$395,000
Initial Listing
Sold
Jan 15, 2004
$259,000
Public Record