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1223 West Santa Fe Ave, Merced, CA 95340

$289K3bd · 1ba · 1,044 sqft
Lot 7,800 sqft•Single Family Residence•
Active
•25d on market•MLS# 01-41148492

Property Description

Value-add opportunity on a deep lot in central Merced, close to downtown. The layout lives larger than the square footage: the living room takes the front of the house with a wide window, and the kitchen opens through a breakfast bar to the dining area, with a separate hall to the bedrooms. Rooftop solar with battery storage is installed; buyer to verify condition. The yard runs well past the house with open space behind, buyer to verify ADU potential with the City of Merced. Fixer; needs work. Bring your contractor and your imagination.

Features & Amenities

FeeBuilt 1956

Property Details

Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Wall Furnace
Flooring
Laminate
Roof
Shingle
City
Merced
Zip Code
95340
County
Merced
Listed byThe Associates Realty Group, Patrick Petersen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,461.34
Principal & Interest
Loan Amount
$231,200
Total Interest
$294,883
Total Payment Over 30 Years
$526,083
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1223 West Santa Fe Ave, Merced, CA 95340

Merced · Single Family Residence

$289K
Affordable Tier
Beds
3
Baths
1
Sqft
1,044
Lot
7,800 sqft
Year
1956
$/Sqft
$277
Pool: No✓
Garage: 2-car✓

Listed 15.0% below the median closed sale of $340,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $289K· $277/sqft
Total list price
Closed comps
vs closed median $340K
−$51K (−15.0%)
Active comps
vs active median $350K
−$61K (−17.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $316
−$39 (−12.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1329 7thMerced1951319527,500$368$349,9001393
360 19th StreetMerced1946211,0848,975$268$290,0002790
2993 ParsonsMerced1961321,0087,694$261$263,2504490
2581 GerardMerced1957321,0658,400$338$359,90010389
1280 Dodd CTMerced1958321,1369,854$343$390,0004387
Total: 5 · Average2.81.61,0498,484.6$315.6$330,61046
Median1,065$349,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
997 Bel AirMerced196110/05/2026321,1058,602$325,000$345,000$3121.063492
1399 E 23rd StMerced195108/14/2026311,0275,222$330,000$342,000$3331.042990
1054 24thMerced195708/25/2026311,2646,500$300,000$285,000$2250.9513389
1860 Carol AvenueMerced195109/04/2026321,2128,097$340,000$340,000$2811.004586
1127 19thMerced195009/01/2026229237,671$349,900$340,000$3680.976685
Total: 5 · Average2.81.61,106.27,218.4$330,400$330,400$303.8—61.4
Median1,105$340,000$340,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.