NOT LISTED FOR SALE

994 Barney St Merced, CA 95340

1 Bed
1 Bath
1,911 Sq Ft
9,731 Sq Ft Lot Lot

Sale Details

Date Sold: May 22, 2012

Last sale price $100,000 $52 Per Sq Ft

74 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Wall Furnace
  • Laundry Room

About This Home

As of May 2012

Single story triplex. Each unit has 1 bedroom, 1 bath with a carpet. Two units rented at $ 550, 1 at $ 500. excellent management team in place ($100 a month). Units in good condition, no deferred maintenance. The area has a total of 63 units, majority under common management to help with consistency.
Stucco exteriors, composition shingle roofs.

Last Agent to Sell the Property

Mark Yandow

Yandow Realty Group License #00594950 Listed on: 12/09/2011

Last Buyer's Agent

Mark Yandow

Yandow Realty Group License #00594950 Listed on: 12/09/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,731

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • 1,911 Sq Ft Home
  • Frame Construction
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Laundry Room
  • 9,731 Sq Ft Lot
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 034042006000

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $1,200
  • Gross Income $1,600
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

9,731 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 6.60
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 034042006000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 52.33

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Sidewalks, Urban

Lot Info

  • Lot Size Sq Ft: 9731.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 650
  • Gross Income: 1600.00
  • Gross Multiplier: 5.70
  • Gross Scheduled Income: 20000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9731.0000 Square Feet
  • Net Operating Income: 7200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 12800.00
  • Rent Control: No
  • Total Actual Rent: 1600.00

Tax Info

  • New Taxes Expense: 1200.00
  • Tax Year: 2011
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Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2012 05/22/12 Sold $100,000 -16.0% $52 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $119,000 -- $62 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,166 $297,600 $107,100 $190,500
2024 $2,166 $200,181 $66,021 $134,160
2023 $2,136 $196,277 $64,727 $131,550
2022 $2,109 $192,555 $63,458 $129,097
2021 $2,104 $188,698 $62,214 $126,484
2020 $2,119 $186,775 $61,577 $125,198
2019 $2,087 $183,134 $60,370 $122,764
2018 $1,305 $122,361 $42,724 $79,637
2017 $1,353 $119,881 $41,887 $77,994
2016 $1,332 $117,552 $41,066 $76,486
2015 $1,311 $115,803 $40,450 $75,353
2014 $1,173 $103,617 $20,492 $83,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC11158856

California Regional Multiple Listing Service (CRMLS)

APN: 034-042-006

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