655 Lim Street, Merced, California 95341, Merced, 95341 - 4 bed, 2 bath
655 Lim Street
Merced, California 95341
Property Price
SUMMARY
Analysis of 655 Lim Street, Merced, California 95341 reveals a Fairly Priced Property with a current list price of $410,000 aligned with the estimated $410,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 Lim Street Subject | $410,000* List Price | 4 | 2 | 1,842 | $223 | - |
A 305 Shafer Trail Sold | $430,000 | 4 | 3 | 1,857 | $232 | 0.1 mi |
B 634 Amanda Court Sold | $365,000 | 4 | 2 | 1,617 | $226 | 0.9 mi |
C 15 E San Pedro Street Sold | $360,000 | 4 | 2 | 1,277 | $282 | 0.3 mi |
D 682 Cadiz Avenue Sold | $440,000 | 4 | 3 | 2,130 | $207 | 0.4 mi |
E 296 Dena Ct Pending | $389,000 List Price | 4 | 2 | 1,617 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2019, this property is well within the 10-year threshold for an excellent rating. The interior showcases modern finishes including a contemporary kitchen with stainless steel appliances, stone countertops, and dark wood cabinetry. The home features an open floor plan with large-format tile flooring, recessed lighting, and neutral paint, indicating the property has been well-maintained with no visible deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2019, this property offers modern building standards, energy-efficient systems, and contemporary finishes, significantly reducing the need for immediate capital expenditures or repairs.
- High Seller Motivation
The explicit 'Seller Must Sell' directive and invitation for offers indicate a high level of motivation, providing buyers with significant leverage to negotiate favorable terms and pricing.
- Strategic Location
Situated near the fast-growing UC Merced downtown area and Highway 99, the home is ideally positioned for both commuters and investors seeking strong rental demand in a developing corridor.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
With a lot size of 5,062 square feet for an 1,842 square foot home, the yard space is relatively compact, which may be a drawback for buyers seeking expansive outdoor living or gardening areas.
- Moderate School Ratings
The assigned public schools carry ratings between 4 and 5, which may be a concern for families specifically targeting top-tier academic districts for their children.
About 655 Lim Street
SELLER MUST SELL!! MAKE US AN OFFER.. just minutes from the fast growing UC Merced downtown, shopping district easy access for commuters to highway 99 This Home is perfect for first time buyers, families, retirees or investors looking for strong rental demand.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 5,062 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
Merced Unified Schools
Farmdale Elementary School
Grades K-5 • 0.3 mi
Weaver Middle School
Grades 6-8 • 2.6 mi
Golden Valley High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,842 | 1,509 | 77% |
| Lot Size | 5,062 | 5,500 | 36% |
| Price | $410.0K | $395.0K | 67% |
| Price per sq ft | $223 | $261 | 13% |
| Built year | 2019 | 2020 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 157 | 149 | 58% |
Pricing History
Listed for Sale
Oct 2, 2025
$410,000
Initial Listing
Sold
Apr 5, 2019
$268,500
Public Record
Sold
Jun 1, 2018
$1,516,000
Public Record
Sold
Dec 24, 2007
$1,589,500
Public Record