Sold465d on market
71 S Melody Ln
Merced, CA, 95340 • 95340 • Merced County
$295,000
$304/sqft
3Beds
2Baths
971Sqft
0.16 acLot
1949Built
Property DNA
Neighborhood Views
Neighborhood
Character Home
Built 1949 · 77 years of history
Tile Floors
Quality flooring throughout
This home is getting attention
Listed 465 days ago · 5 views
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
465 days on market
Established listing
$304/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 40% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1949
Investment Opportunity: Steady Income-Producing Rental Prime Merced Location | The property features an HVAC system. Please note: The earlier description of a ‘new HVAC system” was an error due to a miscommunication. The system is a new (modern) central heat/ AC system not the original 1940’s design. SHE NEEDS A STYLE MAKEOVER BUT HER BONES ARE GOOD. Are you ready to turn your HGTV dreams into reality? This charming 1946 home, nestled in the heart of Merced, offers the perfect blend of character and potential. Key Features: This area is HOT. As North Merced develops, the prices will be going crazy. Get in while you still can. Strong Rental History: Generate steady income with this proven rental property. Recent Updates: Enjoy peace of mind with new central heating/air and double-paned windows. Prime Location: Conveniently located near Raley's shopping center and UC Merced. Expansive Lot: Explore endless possibilities with a generous 6,970 sq ft lot. Investment Potential: Maximize your return with potential ADU development or home expansion. Imagine the possibilities! Rental Income: Rent to college students, working families, or even older relatives. Airbnb Potential: Convert into a profitable short-term rental. Outdoor Oasis: Create a backyard sanctuary with a garden, patio, or fire pit. Don't miss this opportunity to own a rental in Merced before the prices go up in the area even more. Schedule a showing today!
Standout features identified
Our analysis highlights spacious backyard, cozy home, and minutes from the uc as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,835/month
Principal & Interest$1,442
Property Tax$295
Insurance$98
Down payment20% ($59,000)
3%50%
Est. 6.18% rate · 30yr fixed · $236,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1949
HeatingCentral
CoolingCentral Air
ParkingNo Data
Lot6,999 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1949
Stories1
Systems
HeatingCentral
CoolingCentral Air
Water / SewerPublic / Public Sewer
Parking & Outdoor
Lot6,999 sqft
Location & Tax
Neighborhood95340
ZoningR-1-6
Annual tax$3,281
Parcel006062013000
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Interior
Eat-in Kitchen
Bedroom on Main Level
Appliances
Electric Oven
Electric Range
Flooring
Tile
Heating
Central
Cooling
Central Air
Laundry
Washer Hookup
Electric Dryer Hookup
Gas Dryer Hookup
Fireplace
None
Exterior Features
Lot Features
0-1 Unit/Acre
Community
Park
Street Lights
Views
Neighborhood
Pool Features
None
Room details
2 rooms detailed
Bedroom
Bedroom on Main Level
Bathroom
Bathroom Exhaust FanBathtubSeparate ShowerWalk-In Shower
Listing insights
Market data and value estimates
StatusSold
Days on market465
Est. value$295,700
Est. rent$1,691/mo
Tax rate1.07%
Price/sqft$304
On marketJul 28, 2024
PostedSep 17, 2024
Last sold$295,000
MLS updatedJan 13, 2025
Tour days6
Views5
How are the schools in Merced?
3 schools rated nearby
Location
Merced, CA, 95340
Price history
13 events
DateEventPrice$/sqftSource
Dec 27, 2024Sold$295,000$304CRMLS
Dec 27, 2024Pending Sale$299,000$308CRMLS
Nov 26, 2024Contingent$299,000$308CRMLS
Nov 2, 2024Price Change$299,000$308CRMLS
Sep 30, 2024Listed For Sale$325,000$335CRMLS
Apr 8, 2022Sold$250,000$257Public Record
Feb 22, 2022Pending Sale$249,000$256CRMLS
Feb 9, 2022Listed For Sale$249,000$256CRMLS
Jul 16, 2015Sold$88,000$91Public Record
Jun 12, 2015Pending Sale$90,000$93Charitar Realty
May 7, 2015Listed For Sale$90,000$93Charitar Realty
Jul 7, 2008Sold$67,000$69Public Record
Sep 14, 2007Sold$148,050$152Public Record
Sold$295,000
Dec 27, 2024•$304/sqft•CRMLS
Pending Sale$299,000
Dec 27, 2024•$308/sqft•CRMLS
Contingent$299,000
Nov 26, 2024•$308/sqft•CRMLS
Price Change$299,000
Nov 2, 2024•$308/sqft•CRMLS
Listed For Sale$325,000
Sep 30, 2024•$335/sqft•CRMLS
Sold$250,000
Apr 8, 2022•$257/sqft•Public Record
Pending Sale$249,000
Feb 22, 2022•$256/sqft•CRMLS
Listed For Sale$249,000
Feb 9, 2022•$256/sqft•CRMLS
Sold$88,000
Jul 16, 2015•$91/sqft•Public Record
Pending Sale$90,000
Jun 12, 2015•$93/sqft•Charitar Realty
Listed For Sale$90,000
May 7, 2015•$93/sqft•Charitar Realty
Sold$67,000
Jul 7, 2008•$69/sqft•Public Record
Sold$148,050
Sep 14, 2007•$152/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 7, 2025$3,281$295,000
Apr 7, 2024$2,792$260,100
Apr 7, 2023$2,753$255,000
Apr 7, 2022$1,075$98,160
Apr 7, 2021$1,072$96,237
Apr 7, 2020$1,079$95,251
Apr 7, 2019$1,063$93,385
Apr 7, 2018$895$91,555
Apr 7, 2017$928$89,760
Apr 7, 2016$912$88,000
Apr 7, 2015$824$73,220
Apr 7, 2014$807$71,787
Apr 7, 2013$606$55,000
Apr 7, 2012—$56,000
Apr 7, 2011—$34,000
Apr 7, 2010—$45,000
Apr 7, 2009—$50,000
Apr 7, 2008—$125,000
Apr 7, 2007—$72,362
Apr 7, 2006—$70,944
Apr 7, 2005—$69,553
Apr 7, 2004—$68,191
Apr 7, 2003—$66,942
Apr 7, 2002—$65,630
Apr 7, 2001—$64,344
Nearby homes
Neighborhood details
Local context around this listing
Merced, CA • Merced County
Nearby cities
AtwaterDelhiDos PalosGustineHilmarLivingstonLos BanosMerced
Nearby zip codes
9534095341953439534495348
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