NOT LISTED FOR SALE

1672 Lois Way Ceres, CA 95307

Estimated Value: $509,032 - $621,000

7 Beds
3 Baths
3,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $300,000 $91 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,494/month

4 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of February 2017

Priced low for a quick sale! 3 units on 1 lot w/ separate meters totaling over 3,300 sq ft. 3 bed, 1 bath unit w/ central H&A is rented for $995/mo and two 2 bed, 1 bath units rented for $750/mo. Units were remodeled in last few years with dual pane windows, wiring, and breaker boxes. Each unit has a backyard. Great cashflow for the price!

Last Agent to Sell the Property

Ricardo Gil

Gil's Real Estate License #01800755 Listed on: 01/30/2017

Last Buyer's Agent

Ricardo Gil

Gil's Real Estate License #01800755 Listed on: 01/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 040-014-067

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,826

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1952
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 299990.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,Street

Utilities

  • Cooling: Ceiling Fan(s),See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: Multifamily
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Gross Income: 29940
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 040-014-067

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Feb 9, 2017
Sold by
Lew Kern Y and Li Yun T
Bought by
Leong Patrick J and Leong Tammy S
Seller's Agent
Ricardo Gil
Gil's Real Estate
Buyer's Agent
Ricardo Gil
Gil's Real Estate
List Price
$299,990
Sold Price
$300,000
Premium/Discount to List
$10
0.003%
Total Days on Market
4
Current Estimated Value
$565,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,677
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Dec 12, 2014
Sold by
Lew Kern Y and Li Yun T
Bought by
Lew Kern Y and Li Yun T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 5, 2013
Closed on
Jul 23, 2013
Sold by
Bussell Brandon Bill and Bussell Andrea Dawn
Bought by
Lew Kern Y and Li Yun T
Seller's Agent
Brandon Bussell
HomeSmart PV & Associates
Buyer's Agent
Ricardo Gil
Gil's Real Estate
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Feb 21, 2008
Sold by
Dorrity Susan Jane
Bought by
Bussell Brandon Bill and Bussell Andrea Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2001
Sold by
Bussell Brandon Bill and Bussell Andrea Dawn
Bought by
Dorrity Susan Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2000
Sold by
Dorrity Susan Jane
Bought by
Dorrity Susan Jane and Russell Brandon Bill

Purchase Details

Closed on
Sep 12, 2000
Sold by
Jones Orley Trs & Elsie
Bought by
Dorrity Susan Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,038
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 1997
Sold by
Jones Orley W and Jones Elsie
Bought by
Jones Orley and Jones Elsie
Source: Public Records

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Range of Values:

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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
Leong Patrick J $300,000 First American Title Company
Lew Kern Y -- Stewart Title
Lew Kern Y $260,000 Chicago Title Company
Bussell Brandon Bill -- None Available
Dorrity Susan Jane -- Commerce Title Company
Dorrity Susan Jane -- North American Title Co
Bussell Brandon Bill -- North American Title Co
Dorrity Susan Jane -- --
Dorrity Susan Jane $137,000 Chicago Title Co
Jones Orley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lew Kern Y $150,000
Previous Owner Dorrity Susan Jane $217,000
Previous Owner Bussell Brandon Bill $50,000
Previous Owner Dorrity Susan Jane $65,000
Previous Owner Dorrity Susan Jane $144,500
Previous Owner Dorrity Susan Jane $136,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $300,000 0.0% $91 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $299,990 +15.4% $91 / Sq Ft
07/26/2013 07/26/13 Sold $260,000 -13.0% $81 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $299,000 -- $93 / 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
2024 $3,826 $341,343 $96,713 $244,630
2023 $3,722 $334,651 $94,817 $239,834
2022 $3,692 $328,090 $92,958 $235,132
2021 $3,658 $321,658 $91,136 $230,522
2020 $3,545 $318,361 $90,202 $228,159
2019 $3,522 $312,120 $88,434 $223,686
2018 $3,450 $306,000 $86,700 $219,300
2017 $3,135 $274,620 $36,967 $237,653
2016 $3,071 $269,237 $36,243 $232,994
2015 $3,030 $265,194 $35,699 $229,495
2014 $2,968 $260,000 $35,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17004969

MetroList

APN: 040-14-67