651 E 21st, Merced, California 95340, Merced, 95340 - 2 bed, 2 bath
651 E 21st
Merced, California 95340
Property Price
SUMMARY
Analysis of 651 E 21st, Merced, California 95340 reveals a Fairly Priced Property with a current list price of $449,500 aligned with the estimated $449,500 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 651 E 21st Subject | $449,500* List Price | 2 | 2 | 2,149 | $209 | - |
A 1085 Colorado Drive Sold | $505,000 | 3 | 2 | 2,258 | $224 | 0.7 mi |
B 425 Bear Creek Sold | $385,000 | 3 | 2 | 1,878 | $205 | 0.6 mi |
C 2819 Tenaya Drive Pending | $456,000 List Price | 4 | 2 | 2,359 | $193 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent updates, including a brand-new HVAC system and a modernized kitchen with custom quartz countertops and stainless steel appliances. While the home was built in 1946, the well-maintained cherry-stained hardwood floors and updated major systems indicate the property has been extensively renovated and well-preserved, fitting the 'good' criteria for well-maintained systems and updated components.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18000, living area = 2149.
- Expansive Lot & Parking
The nearly half-acre lot features alley access and ample space for RV or boat parking, offering rare versatility and outdoor potential in a residential setting.
- Modernized Interior
The home boasts significant upgrades including a brand-new HVAC system, a remodeled kitchen with quartz countertops, and elegant cherry-stained hardwood floors.
CONSRISKS & DEFICIENCIES
- Low Bedroom-to-Square-Footage Ratio
Despite its large size, the home currently only offers two bedrooms, which may be a limitation for larger families or those requiring more private rooms.
- Vintage Infrastructure
Built in 1946, the property may require ongoing maintenance or further updates to its older structural and utility systems typical of homes from this era.
About 651 E 21st
Welcome to 651 East 21st! - Must see property on tree lined e. 21st street. Excellent floor plan with very spacious rooms featuring a brand new HVAC system. The home is 2149 SF. and has 2BR/2BA with living and family room as well as a formal sitting room separated by a double fireplace. All of this space has the potential for a third bedroom. The large kitchen boasts stainless steel appliances, lots of cabinets and custom quartz counter tops, which leads into the separate formal dining room. There are cherry stained hard wood floors throughout most of the house. The home also features plenty of space in the downstairs basement for storage. Outside you will find a detached 2-Car garage with lots of room. Alley access in back with room for parking your RV, boat, and all the toys. With this lot that's almost half an acre the possibilities are endless.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 18,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 | 18% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,149 | 1,566 | 81% |
| Lot Size | 18,000 | 7,501 | 94% |
| Price | $449.5K | $360.0K | 76% |
| Price per sq ft | $209 | $244 | 28% |
| Built year | 1946 | 1965 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 171 | 35% |
Pricing History
Listed for Sale
Oct 27, 2025
$449,500
Initial Listing
Sold
Dec 12, 2006
$264,500
Public Record
Sold
Sep 6, 2001
$152,000
Public Record
Sold
Sep 29, 1999
$120,000
Public Record