NOT LISTED FOR SALE

2708 E Whitmore Ave Ceres, CA 95307

Estimated Value: $382,000 - $577,000

4 Beds
2 Baths
1,784 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $280,000 $157 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,744/month

56 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2018

Great investor opportunity. Long term established tenants occupy both sides of this duplex. Each unit features 2 bedrooms, 1 bathroom and apprx 890 sq ft of living space. Please do not disturb tenants.

Last Agent to Sell the Property

Dave Sousa

Atlantic Realty License #01202587 Listed on: 01/25/2018

Last Buyer's Agent

Jess Medina

Crestline Realty License #00867570

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,220

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 6,220 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 053-001-009-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1975
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Carpet,See Remarks,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stone,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 279950.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1428
  • Lot Size Sq Ft: 6220

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 053-001-009-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Franco Antonio and Franco Ana Rosa
Bought by
Franco Family Trust and Franco
Current Estimated Value
$464,319

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 27, 2018
Sold by
Borges Paul
Bought by
Franco Antonio and Franco Ana Rosa
Seller's Agent
Dave Sousa
Atlantic Realty
Buyer's Agent
Jess Medina
Crestline Realty
List Price
$289,950
Sold Price
$280,000
Premium/Discount to List
-$9,950
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Jun 27, 2016
Sold by
Borges Paul and Borges Paul A
Bought by
Borges Paul

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
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2011
Sold by
Serreta Properties Lp
Bought by
Borges Paul A

Purchase Details

Closed on
Aug 30, 2011
Sold by
Gharmanlu Freydun and Moriyama Nobuko
Bought by
Serreta Properties Lp

Purchase Details

Closed on
Jan 26, 2005
Sold by
Melgarejo Antonio and Melgarejo Charlene G
Bought by
Gharmanlu Freydun and Moriyama Nobuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2000
Sold by
Magana Moises and Magana Esperanza
Bought by
Melgarejo Antonio and Melgarejo Charlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 1997
Sold by
Magana Raul
Bought by
Magana Moises and Magana Esperanza
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
Franco Family Trust -- None Listed On Document
Franco Antonio $280,000 Old Republic Title Co
Borges Paul -- Old Republic Title Company
Borges Paul -- Old Republic Title Company
Borges Paul A -- None Available
Serreta Properties Lp -- None Available
Gharmanlu Freydun $296,000 First American Title Co
Melgarejo Antonio $116,000 Chicago Title Co
Magana Moises -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borges Paul $150,000
Previous Owner Gharmanlu Freydun $236,800
Previous Owner Melgarejo Antonio $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2018 04/04/18 Sold $280,000 -3.4% $157 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $289,950 -- $163 / 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 $3,736 $318,587 $73,956 $244,631
2024 $3,502 $312,341 $72,506 $239,835
2023 $3,407 $306,218 $71,085 $235,133
2022 $3,379 $300,215 $69,692 $230,523
2021 $3,348 $294,329 $68,326 $226,003
2020 $3,245 $291,312 $67,626 $223,686
2019 $3,224 $285,600 $66,300 $219,300
2018 $1,189 $104,866 $33,115 $71,751
2017 $1,180 $102,811 $32,466 $70,345
2016 $1,157 $100,796 $31,830 $68,966
2015 $1,139 $99,283 $31,352 $67,931
2014 -- $97,339 $30,738 $66,601
Source: Public Records

Agents Affiliated with this Home

  • Dave Sousa

    Seller's Agent in 2018

    Dave Sousa

    Atlantic Realty

    (209) 678-2646

    102 Total Sales

    Dave Sousa
    Section Image

  • J

    Buyer's Agent in 2018

    Jess Medina

    Crestline Realty

See All Agents

Map

Source: MetroList

MLS Number: 18004649

MetroList

APN: 053-01-09

California Stanislaus County Ceres 95307

2708 E Whitmore Ave, Ceres, CA

Not Listed for Sale

MultiFamily

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