NOT LISTED FOR SALE

2500 Lawrence St Ceres, CA 95307

Downtown Ceres Neighborhood

Estimated Value: $761,000 - $819,000

8 Beds
8 Baths
975 Sq Ft
$817/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $750,000 $769 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,934/month

4 Days on Market

About This Home

As of October 2021

Well Maintained 4 plex in great condition. 2 Bed 2 bath units. Central heat and air. Great location with add value possibilities.

Last Agent to Sell the Property

John Searls

Vylla Home Inc. License #01418807 Listed on: 08/02/2021

Last Buyer's Agent

Fred Von Eichel

Fred Eichel Real Estate License #01108194

Property Details

Home Type

  • Apartment

Year Built

  • 1987

Lot Details

  • 9,148

Parking

  • 4

Property Details

Home Type

Apartment

Year Built

1987

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Quadruplex
  • CapRate: 4.00
  • Directions: From Whitmore go West to Ninth st. South on Ninth st. and west on Lawrence.
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Price Per Square Foot: 192.11
  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Foundation Details: Slab
  • Construction Type: Frame
  • Lot Features: Private, Sidewalk

Garage/Parking

  • Parking Features: Off Street, Street, Garage
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Security: Other
  • Sewer: In & Connected
  • Utilities: All Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ceres Unified

Lot Info

  • Lot Size Sq Ft: 9448
  • Zoning Description: R2

Rental Info

  • Total # Leasable: 4
  • Tenant Pays: Electricity

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Annual Gross Income: 48600
  • Income Includes: Other
  • Insurance Expense: 4000
  • Maintenance Expense: 5100
  • Number Of Units Leased: 3
  • Number Of Units Total: 4

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 19, 2021
Sold by
Lawrence Properties Llc
Bought by
Castaneda Arnold
Seller's Agent
John Searls
Vylla Home Inc.
Buyer's Agent
Fred Von Eichel
Fred Eichel Real Estate
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$797,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,014
Avg. Annual Appreciation
1.45%
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 2005
Sold by
Harris Douglas D and Harris Russell R
Bought by
Lawrence Properties Llc
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
Castaneda Arnold $750,000 Vylla Title Inc
Lawrence Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaneda Arnold $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $750,000 0.0% $769 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $750,000 -- $769 / 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 $9,234 $795,905 $127,344 $668,561
2024 $8,654 $780,300 $124,848 $655,452
2023 $8,418 $765,000 $122,400 $642,600
2022 $8,347 $750,000 $120,000 $630,000
2021 $4,143 $364,479 $53,341 $311,138
2020 $4,015 $360,743 $52,795 $307,948
2019 $3,990 $353,670 $51,760 $301,910
2018 $3,908 $346,737 $50,746 $295,991
2017 $3,878 $339,939 $49,751 $290,188
2016 $3,799 $333,275 $48,776 $284,499
2015 $3,749 $328,270 $48,044 $280,226
2014 $3,424 $300,000 $50,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • John Searls

    Seller's Agent in 2021

    John Searls

    Vylla Home Inc.

    (209) 604-6482

    1 in this area

    71 Total Sales

    John Searls
    Section Image
  • Fred Von Eichel

    Buyer's Agent in 2021

    Fred Von Eichel

    Fred Eichel Real Estate

    (209) 480-9133

    1 in this area

    24 Total Sales

    Fred Von Eichel
    Section Image
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Map

Source: MetroList

MLS Number: 221095108

MetroList

APN: 127-19-15

California Stanislaus County Ceres 95307 Downtown Ceres

2500 Lawrence St, Ceres, CA

Not Listed for Sale

MultiFamily

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