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2894 Elm, Merced, CA 95348

$320K3bd · 1ba · 1,328 sqft
Lot 9,524 sqft•Single Family Residence•
Active
•88d on market•MLS# MC-26148713

Property Description

A single family home with a 3 bedroom, 1 bath along with a huge lot. New shingles, carpet, and water heater. The house is nice and clean, and move in ready.

Features & Amenities

FeeBuilt 1960

Property Details

Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
None
Flooring
Tile
Roof
Shingle
City
Merced
Zip Code
95348
County
Merced
Listed byReal Estate eBroker Inc., Tom Hang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,618.09
Principal & Interest
Loan Amount
$256,000
Total Interest
$326,514
Total Payment Over 30 Years
$582,514
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

2894 Elm, Merced, CA 95348

Merced · Single Family Residence

$320K
Affordable Tier
Beds
3
Baths
1
Sqft
1,328
Lot
9,524 sqft
Year
1960
$/Sqft
$241
Pool: No✓
View: None✓

Listed 8.6% below the median closed sale of $350,000. Price per sqft ($241) is a 13% discount to closed comps ($277). Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $320K· $241/sqft
Total list price
Closed comps
vs closed median $350K
−$30K (−8.6%)
Active comps
vs active median $365K
−$45K (−12.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $311
−$70 (−22.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1280 Dodd CTMerced1958321,1369,854$343$390,0004287
3216 NottinghamMerced1964321,2537,068$291$365,000987
2618 Hoover CourtMerced1961321,2206,098$307$374,5001986
2581 GerardMerced1957321,0658,400$338$359,90010286
1223 Santa Fe AveMerced1956311,0447,800$277$289,0002486
Total: 5 · Average3.01.81,143.67,844$311.2$355,68039.2
Median1,136$365,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1963 MercedMerced196009/30/2026421,4739,472$350,000$350,000$2381.009586
997 Bel AirMerced196110/05/2026321,1058,602$325,000$345,000$3121.063485
1340 Rita MaeMerced193010/09/2026321,2207,255$345,000$325,000$2660.947081
42 Sunset CourtMerced197609/25/2026321,1765,973$355,000$359,000$3051.015680
3560 San Jose AvenueMerced197509/25/2026321,5536,251$399,000$407,000$2621.025778
Total: 5 · Average3.22.01,305.47,510.6$357,200$357,200$276.6—62.4
Median1,220$350,000$350,000

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.