915 R Street, Merced, California 95341, Merced, 95341 - 3 bed, 1 bath
915 R Street
Merced, California 95341
Property Price
SUMMARY
Analysis of 915 R Street, Merced, California 95341 reveals a property with a current list price of $325,000, which is 17% above the estimated $276,326 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 915 R Street Subject | $325,000* List Price | 3 | 1 | 1,232 | $224 | - |
A 720 W 9th Street Sold | $270,000 | 3 | 1 | 1,137 | $237 | 0.4 mi |
B 1251 W 9th Active | $335,000 List Price | 3 | 1 | 1,288 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1930, the property is well-maintained and functional but shows clear signs of age. The kitchen and bathroom feature dated styles, older appliances, and basic fixtures. While move-in ready for a budget-conscious buyer, the home lacks recent comprehensive renovations and modern central climate control systems.
PROSSTRENGTHS & OPPORTUNITIES
- Entry-Level Affordability
Priced at $325,000, this property represents an accessible entry point for first-time homebuyers or investors looking for a budget-friendly residential asset in the Merced market.
- Commuter-Friendly Location
The home's close proximity to Highway 99 provides excellent accessibility for residents commuting to work within Merced or to neighboring Central Valley cities.
- Functional Living Space
With three bedrooms and over 1,200 square feet of living area, the property offers a practical and versatile layout that is well-suited for a small family.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1930, the property likely requires modernization of its core systems and may necessitate additional investment for repairs to meet contemporary standards.
- Limited Bathroom Facilities
The single-bathroom configuration for a three-bedroom home can be a significant drawback for larger households and may impact the property's long-term resale value.
About 915 R Street
First time home buyer? No problem. Consider owning this affordable property close to Hwy 99.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 5,391 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 1.0 | 2.0 | 12% |
| Square foot | 1,232 | 1,448 | 24% |
| Lot Size | 5,391 | 5,500 | 47% |
| Price | $325.0K | $394.0K | 16% |
| Price per sq ft | $264 | $261 | 54% |
| Built year | 1930 | 2020 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 125 | 143 | 40% |
Pricing History
Listed for Sale
Feb 28, 2026
$325,000
Initial Listing
Price Change
Nov 2, 2025
$309,000
Initial Listing
Sold
Nov 15, 2010
$71,000
Public Record
Sold
Sep 22, 2009
$70,000
Public Record