1880 Barnett, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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Merced, California 95340
This Value-Add Residential Asset is listed at a $349,900 List Price, positioned above the $301,279 Fair Market Value. While the price aligns with recent local sales of similar 3-bedroom homes, the Functional Condition Rating suggests a need for modernization of the 1971 finishes. The property’s value is anchored by a 7,881 sq ft lot, spacious patio, and proximity to UC Merced and the Merced Union High School District. This is a prudent acquisition for Value-Add Investors or Owner-Occupants seeking a stable asset with forced appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1880 Barnett Subject | $349,900* List Price | 3 | 2 | 1,286 | $237 | - |
A 1550 Primrose Avenue Sold | $355,000 | 3 | 2 | 1,444 | $246 | 0.3 mi |
B 2846 N Parsons Sold | $345,000 | 3 | 2 | 1,308 | $264 | 0.8 mi |
C 1403 Villa Drive Sold | $345,000 | 3 | 2 | 1,257 | $274 | 0.4 mi |
D 557 Barney Street Sold | $279,000 | 4 | 2 | 1,339 | $208 | 0.8 mi |
E 2602 10th Avenue Sold | $315,000 | 3 | 2 | 1,468 | $215 | 0.8 mi |
F 3018 Marie Court Active | $435,000 List Price | 3 | 2 | 1,286 | $338 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this home is in functional condition but shows significant signs of age. The kitchen features older wood cabinetry and dated white appliances, while the bathrooms and flooring (mix of carpet and tile) reflect styles from several decades ago. The listing description explicitly notes the 'opportunity to personalize and update,' confirming that while the property is maintained, it lacks modern renovations and requires cosmetic and system updates to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7881, living area = 1286.
The property is ideally situated in an established neighborhood near Bear Creek and UC Merced, offering excellent proximity to schools, shopping, and recreational bike paths.
With a lot size of approximately 7,881 sq ft, this home provides significant outdoor space for gardening, entertaining, or potential future expansions.
The property is noted as an opportunity for personalization, suggesting that the interior finishes and systems are dated and will require additional capital investment to update.
Built in 1971, the home may soon require maintenance or replacement of major components such as the roof or HVAC to meet modern efficiency and safety standards.
Don’t miss this opportunity to own a charming 3-bedroom, 2-bath, 1,286 sq ft single-story home on a spacious 6,970 sq ft lot in a quiet, established Merced neighborhood. This home features a functional floor plan with opportunity to personalize and update. Conveniently located near Bear Creek, the bike/walk path, with easy access to schools, parks, shopping, and UC Merced.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,286 | 1,571 | 23% |
| Lot Size | 7,881 | 7,500 | 57% |
| Price | $349.9K | $376.0K | 30% |
| Price per sq ft | $272 | $246 | 73% |
| Built year | 1971 | 1966 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 130 | 161 | 40% |
Mar 3, 2026
$349,900
$359,900
-3% Price Drop
Initial Listing
Feb 28, 2026
$359,900
Initial Listing
Dec 13, 2025
$378,000
Initial Listing
May 28, 2021
$285,000
Public Record