688 Elise Court, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
688 Elise Court
Merced, California 95340
Property Price
SUMMARY
Analysis of 688 Elise Court, Merced, California 95340 reveals a Fairly Priced Property with a current list price of $398,000 aligned with the estimated $398,000 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 |
|---|---|---|---|---|---|---|
★ 688 Elise Court Subject | $398,000* List Price | 3 | 2 | 1,606 | $248 | - |
A 3303 Sutter Sold | $373,800 | 4 | 2 | 1,381 | $271 | 0.8 mi |
B 1095 Robinson Sold | $398,000 | 3 | 2 | 1,705 | $233 | 0.4 mi |
C 3161 Kingsland Sold | $399,000 | 3 | 2 | 1,656 | $241 | 0.5 mi |
D 525 E 27th Street Sold | $395,900 | 3 | 2 | 1,588 | $249 | 0.4 mi |
E 3202 Dublin Avenue Sold | $350,000 | 3 | 2 | 1,389 | $252 | 0.8 mi |
F 2550 5th Avenue Sold | $350,000 | 3 | 2 | 1,584 | $221 | 0.5 mi |
G 1366 E Alexander Ave Active | $399,000 List Price | 3 | 2 | 1,618 | $247 | 0.5 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 high-value upgrades including a new roof, owned solar with battery backup, and a new 200-amp electrical panel. While the home was built in 1968, the bathrooms have been updated for a contemporary feel. The kitchen is described as functional and offers room for improvement, but the overall maintenance of major systems and the move-in ready condition align with the 'good' criteria.
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 = 7656, living area = 1606.
- Energy Efficiency & Infrastructure
The property features a brand-new roof, owned solar panels with battery backup, and an upgraded 200-amp electrical panel, providing significant long-term utility savings and modern reliability.
- Modernized Interior Elements
Updated bathrooms offer a contemporary aesthetic, complemented by a versatile floor plan that includes two separate living areas to accommodate various lifestyle needs.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1968, the home may still feature original elements or older infrastructure beyond the recently updated systems that could require future maintenance or modernization.
- Kitchen Configuration
The kitchen is described as having space to add more counter or storage space, suggesting the current layout may be under-equipped for buyers seeking a fully optimized culinary workspace.
About 688 Elise Court
NEW ROOF, NEW and OWNED SOLAR with Battery back up!! This home is situated in an established North Merced neighborhood on a lovely cul-de-sac. IF you are looking for space, this is it! The back yard is large enough for almost anything. The bathrooms have been updated and offer a clean and contemporary feel. The floor plan offers two separate living areas and a functional kitchen with space for dining or to add more counter/storage space. This floor plan has a ton of options to make it how you want it. The home also has a beautiful back patio cover and a NEW 200 amp electric panel. This is the best value in North Merced.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 7,656 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,606 | 1,566 | 55% |
| Lot Size | 7,656 | 7,501 | 52% |
| Price | $398.0K | $360.0K | 65% |
| Price per sq ft | $248 | $245 | 53% |
| Built year | 1968 | 1967 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 171 | 37% |
Pricing History
Listed for Sale
Feb 28, 2026
$398,000
Initial Listing
Price Change
Oct 24, 2025
$409,000
Initial Listing
Sold
Jan 12, 2024
$345,000
Public Record