NOT LISTED FOR SALE

1943 Darrah St Ceres, CA 95307

Estimated Value: $587,518 - $657,000

4 Beds
4 Baths
2,420 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $545,000 $225 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,879/month

85 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property

About This Home

As of November 2021

Calling all investors! Great opportunity to invest in a conveniently located 4-plex in Ceres. Easy freeway access and close by schools. Each unit features 1 generously sized bedroom, 1 full bathroom, and washer/dryer hookups. Units 1 and 4 have been fully remodeled. Unit 4 features a higher range of contemporary updates including walk-in closet with an adjoining bonus space, which could be considered a "mini retreat" or used for extra storage. The complex itself boasts a very neat and presentable appearance with its clean-cut landscape and clear walkways. Overall, a great source of steady income!

Last Agent to Sell the Property

Ronald Cedillo

Home Buyers Realty License #01247457 Listed on: 06/29/2021

Co-Listed By

Eva Cedillo

Home Buyers Realty License #01297605

Last Buyer's Agent

Juan Romo

LPT Realty, Inc. License #01906966

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,251 Sq Ft Lot

Home Design

  • Quadruplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 127-001-004-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sequoia Subdivision

Building Details

  • 4 Leased Units
  • 1 Vacant Unit
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1951
  • Stories: 1
  • Subdivision: Sequoia
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal
  • Flooring: Tile, Linoleum, Wood
  • Price Per Square Foot: 225.11

Exterior Features

  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: Seller Property Questionnaire, Structural Pest Control Report, Transfer Disclosure Statement
  • Foundation: Concrete, Slab
  • Listing Price: 550000.00
  • Lot Features: Sidewalk
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: Multi
  • Irrigation: None
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6251.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 127-001-004-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Nov 2, 2021
Sold by
Cendejas Roberto Aguilar
Bought by
Saucedo Maria Del Carmen
Seller's Agent
Ronald Cedillo
Home Buyers Realty
Buyer's Agent
Juan Romo
LPT Realty, Inc.
Sold Price
$545,000
Current Estimated Value
$631,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,506
Avg. Annual Appreciation
3.61%
Original Mortgage
$408,750
Outstanding Balance
$373,867
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$257,639

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 19, 2021
Sold by
Waldbauer David Atom and Waldbauer David
Bought by
Sauced Maria Del Carmen C
Seller's Agent
Ronald Cedillo
Home Buyers Realty
Buyer's Agent
Juan Romo
LPT Realty, Inc.
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Outstanding Balance
$373,867
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$257,639

Purchase Details

Closed on
Jun 22, 2020
Sold by
Waldbauer Kimberly
Bought by
Waldbauer David Atom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 8, 2018
Sold by
Openhelm Sherry
Bought by
Waldbauer David and Waldbauer Kimberly
Seller's Agent
Dennis Nairn
PMZ Real Estate
Buyer's Agent
Pamela Harmon
PMZ Real Estate
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$210,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Singh Malkeet and Singh Baljeet K
Bought by
Oppanheim Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2000
Sold by
Gmac Mtg Corp
Bought by
Singh Malkeet and Singh Raljeet K

Purchase Details

Closed on
Sep 22, 2000
Sold by
Bankers Trust Company
Bought by
Gmac Mtg Corp

Purchase Details

Closed on
Mar 29, 2000
Sold by
Mauchley Gregory V
Bought by
Bankers Trust Company

Purchase Details

Closed on
Mar 29, 1995
Sold by
American Svgs Bank
Bought by
American Svgs Bank

Purchase Details

Closed on
Jun 7, 1994
Sold by
Benbright
Bought by
Sinclair Richard C and Sinclair Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.59%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Se
Bought by
Benbright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Saucedo Maria Del Carmen -- Chicago Title
Sauced Maria Del Carmen C $545,000 Chicago Title
Waldbauer David Atom -- Chicago Title Company
Waldbauer David $280,000 Cypress Title Corp
Oppanheim Sherry $175,000 Fidelity National Title Co
Singh Malkeet $83,000 Commonwealth Land Title Co
Gmac Mtg Corp -- American Title Co
Bankers Trust Company $85,000 American Title
American Svgs Bank $105,400 North American Title Ins Co
Sinclair Richard C -- --
Benbright -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saucedo Maria Del Carmen $408,750
Closed Sauced Maria Del Carmen C $408,750
Previous Owner Waldbauer David Atom $245,000
Previous Owner Waldbauer David $210,000
Previous Owner Oppanheim Sherry $112,500
Previous Owner Benbright $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $545,000 -5.2% $225 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/30/2021 08/30/21 For Sale -- -- --
08/26/2021 08/26/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $575,000 +105.4% $238 / Sq Ft
03/16/2018 03/16/18 Sold $280,000 -6.4% $116 / Sq Ft View Prior Sale
02/07/2018 02/07/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $299,000 -- $124 / 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 $6,960 $578,357 $84,896 $493,461
2024 $6,534 $567,018 $83,232 $483,786
2023 $6,350 $555,900 $81,600 $474,300
2022 $6,289 $545,000 $80,000 $465,000
2021 $3,512 $294,329 $99,861 $194,468
2020 $3,409 $291,312 $98,838 $192,474
2019 $3,386 $285,600 $96,900 $188,700
2018 $2,780 $231,741 $58,263 $173,478
2017 $2,763 $227,198 $57,121 $170,077
2016 $2,713 $222,744 $56,001 $166,743
2015 $2,667 $219,399 $55,160 $164,239
2014 $2,624 $215,102 $54,080 $161,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221074990

MetroList

APN: 127-01-04