NOT LISTED FOR SALE

1240 San Pedro Ave Ceres, CA 95307

Estimated Value: $652,000 - $682,234

5 Beds
2 Baths
2,549 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $335,869 $132 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,942/month

177 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Level Lot
  • 5-minute walk to Sam Ryno Park

About This Home

As of March 2015

One of three duplexes for sale. Built by seller in in 2008.Large units with granite counter tops in kitchen, inside laundry,private yards and patios,central air, large bedrooms,tile roof, large two car garage for each unit. Front yards with sprinklers and maintain . Close to schools, parks shopping, and freeway. Could be a short sale if not sold at listed price.Good rental area.

Last Agent to Sell the Property

Richard Matusich

Richard G. Matusich & Assoc., Inc. License #00358728 Listed on: 08/31/2014

Last Buyer's Agent

Eric Ingwerson

PMZ Real Estate License #00807389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,034

Year Built

  • 2008

Lot Details

  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Slab Foundation
  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 2,549 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $22,067
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 2,549 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,090
  • Insurance Expense $1,101
  • Maintenance Expense $684
  • Manager Expense $1,876
  • Other Expense $400
  • Utility Expense $15
  • Operating Expense $7,397
  • Gross Income $22,067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,034

Year Built

2008

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 6
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2549
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Living Sq Ft: 2549
  • Stories: 1
  • Laundry: 220 Volt Outlet, Laundry Area - In Unit
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Ceres Unified

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7169.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7169.00
  • Lot Size Area Min Search: 7169.00
  • Maximum Lot Size: 7169.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Ceiling Insulation, Insulation - Per Owner, Walls Insulated

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.22
  • Number Of Leased: 2

Multi Family

  • Expense Insurance: 1101
  • Expense Landscape: 1090
  • Expense Maintenance: 684
  • Expense Management: 1876
  • Expenses Other: 400
  • Expenses Total: 7397
  • Expenses Utility: 15
  • Income Annual Gross: 22067.00
  • Income Annual Rental: 22067
  • Income Gross Scheduled: 22067
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Accounting/Legal, Maintenance - Repair, Services - On-Site Manager, Fee - Property Management, Fee - Property Tax, Services - Sewer, Miscellaneous/Other
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2014
Closed on
Mar 11, 2015
Sold by
Jmfr Properties Llc
Bought by
Eckherdt Linda and Kobel 1985 Family Trust
Seller's Agent
Richard Matusich
Richard G. Matusich & Assoc., Inc.
Buyer's Agent
Eric Ingwerson
PMZ Real Estate
List Price
$349,950
Sold Price
$335,869
Premium/Discount to List
-$14,081
-4.02%
Current Estimated Value
$667,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,248
Avg. Annual Appreciation
7.48%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eckherdt Linda $336,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jmfr Properties Llc $1,948,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $335,869 -4.0% $132 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
08/31/2014 08/31/14 For Sale $349,950 -- $137 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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
2024 $4,034 $335,803 $58,911 $276,892
2023 $3,867 $329,219 $57,756 $271,463
2022 $3,876 $322,765 $56,624 $266,141
2021 $3,863 $316,437 $55,514 $260,923
2020 $3,746 $313,193 $54,945 $258,248
2019 $3,717 $307,053 $53,868 $253,185
2018 $3,640 $301,033 $52,812 $248,221
2017 $3,606 $295,131 $51,777 $243,354
2016 $3,514 $289,345 $50,762 $238,583
2015 $3,007 $248,342 $35,225 $213,117
2014 $2,737 $225,000 $50,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Richard Matusich

    Seller's Agent in 2015

    Richard Matusich

    Richard G. Matusich & Assoc., Inc.

    (408) 531-5542

    3 Total Sales

    Richard Matusich
    Section Image

  • E

    Buyer's Agent in 2015

    Eric Ingwerson

    PMZ Real Estate

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Map

Source: MLSListings

MLS Number: ML81431667

MLSListings

APN: 086-34-13

California Stanislaus County Ceres 95307

1240 San Pedro Ave, Ceres, CA

This home is located at 1240 San Pedro Ave, Ceres, CA 95307 since 31 August 2014 and is currently estimated at $667,117, approximately $261 per square foot. This property was built in 2008. 1240 San Pedro Ave is a home located in Stanislaus County with nearby schools including Joel J. Hidahl Elementary School, Blaker-Kinser Junior High School, and Central Valley High School.

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