NOT LISTED FOR SALE

1608 Central Ave Ceres, CA 95307

Estimated Value: $572,000 - $642,000

6 Beds
4 Baths
2,389 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $425,000 $178 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,612/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • 1-Story Property
  • No HOA
  • 1 Car Garage

About This Home

As of February 2020

Two units both three bedrooms, two baths. Central HVAC. Interior remodeled in 2016 with granite kitchen counter tops, appliances, flooring, paint, and updated bathrooms.

Last Agent to Sell the Property

Eric Quillinan

Help-U-Sell Alpha Realty License #01425143 Listed on: 01/14/2020

Last Buyer's Agent

Richard Salinas

Century 21 Select Real Estate License #01255964

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,624

Year Built

  • Built in 1988

Lot Details

  • 7,214 Sq Ft Lot
  • Lot Dimensions: 72

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas water
  • Assessor Parcel Number 040-079-086-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Northridge 03 Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $848
  • Operating Expense $6,221
  • Net Operating Income $27,223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,624

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1988
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Northridge 03
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Microwave
  • Flooring: Laminate,Tile,Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 434900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: MF Dwelling, Duplex
  • Lot Size Acres: 0.1656
  • Lot Dimensions: 72' x 97'
  • Lot Size Sq Ft: 7214

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Water
  • Total # Leasable: 2

Multi Family

  • Operating Expense: 6221
  • Income Includes: Rent Only
  • Insurance Expense: 848
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 15.070

Tax Info

  • Assessor Parcel Number: 040-079-086-000
  • Current RE Taxes: 3624
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 24, 2020
Sold by
Hernandez Sergio
Bought by
Phillips Jehremy D
Seller's Agent
Eric Quillinan
Help-U-Sell Alpha Realty
Buyer's Agent
Richard Salinas
Century 21 Select Real Estate
List Price
$434,900
Sold Price
$425,000
Premium/Discount to List
-$9,900
-2.28%
Current Estimated Value
$604,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,538
Avg. Annual Appreciation
6.20%

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 30, 2016
Sold by
Davejan Rima P and Davejan Mikail
Bought by
Hernandez Sergio
Seller's Agent
Donny Piwowarski
Hero Real Estate
Buyer's Agent
Donny Piwowarski
Hero Real Estate
List Price
$315,950
Sold Price
$312,000
Premium/Discount to List
-$3,950
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Apr 16, 2013
Sold by
Tanson Calvert A and Tanson Revocable Trust
Bought by
Davejan Rima P and Davejan Mikail
Seller's Agent
Verdia Howard
Weeks Real Estate
Buyer's Agent
Mary Piro
PMZ Real Estate
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$150,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2004
Sold by
Sanders John A and Sanders Mary Ann
Bought by
Sanders John A and Sanders Mary Ann

Purchase Details

Closed on
Jan 5, 1998
Sold by
Tanson Calvert A
Bought by
Tanson Calvert A and Tanson Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Phillips Jehremy D $425,000 North American Title Co Inc
Hernandez Sergio $312,000 Chicago Title Company
Davejan Rima P $200,000 Old Republic Title Company
Sanders John A -- --
Tanson Calvert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davejan Rima P $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $425,000 -2.3% $178 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $434,900 +39.4% $182 / Sq Ft
09/06/2016 09/06/16 Sold $312,000 -1.3% $131 / Sq Ft View Prior Sale
08/22/2016 08/22/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $315,950 +58.0% $132 / Sq Ft
04/22/2013 04/22/13 Sold $200,000 -11.1% $84 / Sq Ft View Prior Sale
02/08/2013 02/08/13 Pending -- -- --
10/08/2012 10/08/12 For Sale $225,000 -- $94 / Sq Ft
Source: MetroList

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
2025 $5,445 $464,795 $82,021 $382,774
2024 $5,104 $455,682 $80,413 $375,269
2023 $4,966 $446,748 $78,837 $367,911
2022 $4,925 $437,990 $77,292 $360,698
2021 $4,879 $429,403 $75,777 $353,626
2020 $3,686 $331,095 $74,284 $256,811
2019 $3,663 $324,604 $72,828 $251,776
2018 $3,588 $318,240 $71,400 $246,840
2017 $3,560 $312,000 $70,000 $242,000
2016 $2,376 $208,044 $41,607 $166,437
2015 $2,343 $204,920 $40,983 $163,937
2014 $2,295 $200,907 $40,181 $160,726
Source: Public Records

Agents Affiliated with this Home

  • Eric Quillinan

    Seller's Agent in 2020

    Eric Quillinan

    Help-U-Sell Alpha Realty

    (209) 403-6076

    50 Total Sales

    Eric Quillinan
    Section Image
  • Richard Salinas

    Buyer's Agent in 2020

    Richard Salinas

    Century 21 Select Real Estate

    (209) 765-0665

    78 Total Sales

    Richard Salinas
    Section Image
  • Donny Piwowarski

    Seller's Agent in 2016

    Donny Piwowarski

    Hero Real Estate

    (209) 740-1004

    132 Total Sales

    Donny Piwowarski
    Section Image
  • Verdia Howard

    Seller's Agent in 2013

    Verdia Howard

    Weeks Real Estate

    (209) 524-7901

    19 Total Sales

    Verdia Howard
    Section Image

  • M

    Buyer's Agent in 2013

    Mary Piro

    PMZ Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 20002370

MetroList

APN: 040-79-86

California Stanislaus County Ceres 95307

1608 Central Ave, Ceres, CA

Not Listed for Sale

MultiFamily

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