NOT LISTED FOR SALE

2109 Arthur Way Ceres, CA 95307

Estimated Value: $1,297,000 - $1,675,043

8 Beds
4 Baths
3,600 Sq Ft
$413/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $890,000 $247 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,872/month

573 Days on Market

About This Home

As of February 2016

This property is in immaculate condition. Long term owner is a perfectionist. No deferred maintenance. See it to believe it. Also has a privacy gate. A secluded and private oasis. Easy to rent. Property includes three duplexes, one small house and one larger house plus a 1700 square foot shop and enough open space to store RVs or park a fleet of service trucks, or use your imagination. Lots of potential here for rental income and some owner use also.

Last Agent to Sell the Property

Larry Killian

Killian Real Estate License #00579042 Listed on: 07/17/2014

Last Buyer's Agent

Larry Killian

Killian Real Estate License #00579042 Listed on: 07/17/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,555

Year Built

  • Built in 1960

Lot Details

  • 0.96

Parking

  • 1 Covered Space

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • 0.96 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas see remarks
  • Assessor Parcel Number 040-008-024-000

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 8 Units

Building Details

  • 8 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,555

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1960
  • Accessibility Features: 0
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 7
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2007

Interior Features

  • Appliances: Free Standing Refrigerator
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,See Remarks
  • Disclosures/Documents: See Remarks
  • Listing Price: 895000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport,Open

Utilities

  • Security: Smoke Detector,Unguarded Gate
  • Utilities: Cable Connected
  • Cooling: Wall Unit(s),See Remarks
  • Heating: Varies by Unit
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Owner's Unit,RV/Boat Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: mixed residential income
  • Lot Size Acres: 0.9600
  • Lot Dimensions: 130X325
  • Lot Size Sq Ft: 41818

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,See Remarks
  • Total # Leasable: 8

Multi Family

  • Gross Income: 92000
  • Income Includes: Manager's Unit
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 8
  • Number of Units: 8
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 040-008-024-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2014
Closed on
Feb 4, 2016
Sold by
Rosson John A and Rosson Betse I
Bought by
The Pasha Quadri & Arshia Arjumand Revoc
Seller's Agent
Larry Killian
Killian Real Estate
Buyer's Agent
Larry Killian
Killian Real Estate
List Price
$895,000
Sold Price
$890,000
Premium/Discount to List
-$5,000
-0.56%
Current Estimated Value
$1,486,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,022
Avg. Annual Appreciation
5.46%
Original Mortgage
$490,000
Outstanding Balance
$390,873
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Estimated Equity
$1,095,149

Purchase Details

Closed on
Mar 13, 2007
Sold by
Rose Village Llc
Bought by
Rosson John A and Rosson Betse I

Purchase Details

Closed on
Jan 24, 2001
Sold by
Rosson John A and Rosson Betse I
Bought by
Rosson John Allen and Rosson Betse I

Purchase Details

Closed on
Jan 10, 1996
Sold by
Mckinsey Nora
Bought by
Rosson John A and Rosson Betse I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
The Pasha Quadri & Arshia Arjumand Revoc $890,000 First American Title Company
Rosson John A -- None Available
Rosson John Allen -- --
Rosson John A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Pasha Quadri & Arshia Arjumand Revoc $490,000
Previous Owner Rosson John A $130,000
Closed Rosson John A $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $890,000 -0.6% $247 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
07/16/2014 07/16/14 For Sale $895,000 -- $249 / 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 $11,555 $1,032,914 $174,085 $858,829
2023 $11,242 $1,012,662 $170,672 $841,990
2022 $11,149 $992,807 $167,326 $825,481
2021 $11,046 $973,342 $164,046 $809,296
2020 $10,705 $963,362 $162,364 $800,998
2019 $10,637 $944,474 $159,181 $785,293
2018 $10,418 $925,956 $156,060 $769,896
2017 $10,337 $907,800 $153,000 $754,800
2016 $6,103 $536,000 $50,000 $486,000
2015 $5,113 $448,000 $50,000 $398,000
2014 $4,562 $400,000 $50,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14045131

MetroList

APN: 040-08-24