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2912 Oleander Ave, Merced, CA, 95340

2beds
1baths
937sqft
$1,556,000
$1,661price/sqft
$10,255/moest. monthly cost
$410,200/yrincome needed

About This Home

This approximately 2-acre parcel is the largest of three contiguous lots and is improved with a single-family residence containing 2 bedrooms and 1 bathroom. The property serves as the primary residential component of the assemblage and offers significant land area for residential use, future expansion, or redevelopment potential, subject to applicable regulations. The parcel is situated behind the two adjoining lots and relies upon them for legal and physical access to the public roadway. As such, the property's utility and accessibility are directly tied to the continued use of the neighboring parcels for ingress and egress. Together, the three lots function as an integrated property configuration, with the front parcels providing essential access to the rear residential site. Must incorporate these additional parcels in the sale (007-143-010-000, 007-143-011-000 and 007-103-004-000), as they are integral to the overall functionality, access, and utility of the property assemblage. The total purchase price for the combined assemblage is $2,300,000.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

5/10
4/10
Merced High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Other
  • Roof: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Other

Family Room

  • Features: Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 937
  • Total interior livable area: 937 sqft

Property

Details

  • Parcel number: 007143005000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 2 Acres

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Lightning

FEMA Declared Disasters in Merced County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,867$94,404
Home Insurance *$546$6,552
Property Taxes $1,444$17,328
Electricity $398$4,786
Total$10,255$123,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$351,600/yr
40% on housing$307,650/yr
45% on housing$273,466/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,661This listing

vs Other Active Listings

Avg $/sqft

ZIP 95340$232
Merced County$325

vs Homes Sold Last Month

Median $/sqft

ZIP 95340$239
Merced County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$1,556,000
2024-02-01Sold$299,999
2024-01-08Pending sale$345,000
2024-01-08Listed for sale$345,000
2023-12-12Contingent$325,000
2023-11-27Price change$325,000
2023-10-11Price change$345,000
2023-09-11Listed for sale$399,000

For Sale by Agent

AgentGiovani Franco
BrokerageKinetic Real Estate

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