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565 Tolman Way, Merced, CA 95348

$388K3bd · 2ba · 1,455 sqft
Lot 4,938 sqft•Single Family Residence•
Active
•24d on market•MLS# MC-26202684

Property Description

Located in Merced’s desirable Bellevue Ranch neighborhood, this original-owner 3-bedroom, 2-bath home offers a great opportunity for an owner-occupant or investor. The functional floor plan features a galley-style kitchen with wood cabinetry, granite countertops, a convenient nook, and canister lighting that opens to the spacious main living area. The living room features a decorative fireplace, creating a comfortable space for everyday living and entertaining. A sliding glass door provides easy access to the backyard, offering a private outdoor area with plenty of potential for future improvements or simply enjoying the space as it is. Recent upgrades include the dishwasher, garbage disposal, microwave, garage door motor and spring, and A/C Unit. Conveniently located near Merced College, the UC Merced Cattracks bus line, Dignity Health hospital, shopping, restaurants, and just a short drive to UC Merced. A nearby neighborhood park provides additional outdoor space. With its established Bellevue Ranch location, original-owner history, functional floor plan, steel / metal framing and recent updates, this home offers flexibility and potential for its next owner.

Features & Amenities

FeeBuilt 2007

Property Details

Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air, Electric
Flooring
Carpet, Laminate, Tile
Roof
Tile, Concrete
City
Merced
Zip Code
95348
County
Merced
Listed byConcierge Real Estate Services, Scott A. Oliver

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,959.41
Principal & Interest
Loan Amount
$310,000
Total Interest
$395,388
Total Payment Over 30 Years
$705,388
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

565 Tolman Way, Merced, CA 95348

Merced · Single Family Residence

$388K
Affordable Tier
Beds
3
Baths
2
Sqft
1,455
Lot
4,938 sqft
Year
2007
$/Sqft
$266
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 5.5% below the median closed sale of $410,000. 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 $388K· $266/sqft
Total list price
Closed comps
vs closed median $410K
−$23K (−5.5%)
Active comps
vs active median $411K
−$24K (−5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $327
−$61 (−18.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
756 Brianne CourtMerced2021321,2145,175$317$385,0004888
272 Travis CourtMerced2026321,2904,723$311$400,9907488
144 Sugar Creek LaneMerced2026321,2305,237$335$411,4906887
173 Sugar Creek LaneMerced2026321,2305,237$335$411,4906887
157 Sugar Creek LaneMerced2026321,2305,000$337$414,4909686
Total: 5 · Average3.02.01,238.85,074.4$327$404,69270.8
Median1,230$411,490

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3510 St AndrewsMerced200010/01/2026321,4346,000$425,000$430,000$3001.012795
1147 Pelican CourtMerced199109/25/2026321,3955,400$399,000$415,000$2971.043692
241 Brimmer RoadMerced200609/25/2026421,6174,950$350,000$363,000$2241.042792
2149 Spy Glass CourtMerced199709/25/2026321,2596,301$379,900$378,500$3011.005590
127 Sugar Creek LaneMerced202609/24/2026421,5095,000$430,990$410,000$2720.957888
Total: 5 · Average3.42.01,442.85,530.2$399,300$399,300$278.8—44.6
Median1,434$410,000$410,000

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.