NOT LISTED FOR SALE

2804 E Whitmore Ave Ceres, CA 95307

Estimated Value: $391,000 - $593,000

4 Beds
2 Baths
1,784 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $285,000 $160 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,855/month

28 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows
  • Garage

About This Home

As of August 2017

Great opportunity to own an Investment Property, This beautiful duplex has everything you need to start earning income right away. Tenants are in place and want to stay. One unit is section 8 and tenant has been there for 6 years, the other is cash pay and has been there for 8 years. Both are on a month to month lease. Each unit is a 2 bedroom 1 bath approximately 892 Sq.Ft with an attached garage. Do Not Disturb Tenants, Make offer subject to viewing property.

Last Agent to Sell the Property

Michael Walker

Atlantic Realty License #01952007 Listed on: 04/25/2017

Last Buyer's Agent

Nancy Ramirez

KW Covina License #01780188

KW Covina

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 6,220 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 053-001-017-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1974
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 299950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

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

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

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

Tax Info

  • Assessor Parcel Number: 053-001-017-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2018
Sold by
Sanchez Bertha Guerrero
Bought by
Sanchez Bertha Guerrero
Current Estimated Value
$484,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$170,218
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$314,124

Purchase Details

Listed on
Apr 25, 2017
Closed on
Aug 3, 2017
Sold by
Marshall Kenneth
Bought by
Sanchez Bertha Guerrero
Seller's Agent
Michael Walker
Atlantic Realty
Buyer's Agent
Nancy Ramirez
KW Covina
List Price
$299,950
Sold Price
$285,000
Premium/Discount to List
-$14,950
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$155,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2013
Sold by
Marshall Tracy
Bought by
Marshall Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2008
Sold by
Aurora Loan Services Llc
Bought by
Marshall Kenneth and Marshall Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2008
Sold by
Medrano Maria Teresa A
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2007
Sold by
Lorica Cynthia S
Bought by
Medrano Maria Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
9.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2006
Sold by
Lorica Cynthia
Bought by
Lorica Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
6.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2006
Sold by
Odinma Francis U and Odinma Carol N
Bought by
Lorica Cynthia

Purchase Details

Closed on
Feb 15, 2006
Sold by
Our Legacy Llc
Bought by
Odinma Francis U and Odinma Carol N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
8.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2005
Sold by
Odinma Carol N and Odinma Francis U
Bought by
Our Legacy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2005
Sold by
Ambus Anthony and Ambus Zetta
Bought by
Odinma Francis U and Odinma Carol N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2002
Sold by
Ambus Anthony and Ambus Zeta
Bought by
Ambus Anthony and Ambus Zeta
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
Sanchez Bertha Guerrero -- Wfg National Title Co
Sanchez Bertha Guerrero $285,000 Old Republic Title Company
Marshall Kenneth -- First American Title Insuran
Marshall Kenneth $135,000 Lsi Title Company
Aurora Loan Services Llc $199,640 None Available
Medrano Maria Theresa A $460,000 Financial Title Company
Lorica Cynthia S -- Financial Title Company
Lorica Cynthia S -- Financial Title Company
Lorica Cynthia -- None Available
Odinma Francis U -- First American Title Company
Our Legacy Llc -- --
Odinma Francis U $325,000 Fidelity National Title
Ambus Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Bertha Guerrero $196,000
Closed Sanchez Bertha Guerrero $155,000
Previous Owner Marshall Kenneth $108,300
Previous Owner Marshall Kenneth $108,000
Previous Owner Medrano Maria Theresa A $437,000
Previous Owner Lorica Cynthia S $358,400
Previous Owner Odinma Francis U $369,000
Previous Owner Odinma Francis U $292,500
Closed Odinma Francis U $16,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $285,000 -5.0% $160 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $299,950 -- $168 / 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 $3,802 $324,277 $96,714 $227,563
2024 $3,564 $317,919 $94,818 $223,101
2023 $3,468 $311,686 $92,959 $218,727
2022 $3,439 $305,576 $91,137 $214,439
2021 $3,407 $299,585 $89,350 $210,235
2020 $3,302 $296,514 $88,434 $208,080
2019 $3,281 $290,700 $86,700 $204,000
2018 $3,214 $285,000 $85,000 $200,000
2017 $1,715 $149,789 $49,929 $99,860
2016 $1,680 $146,852 $48,950 $97,902
2015 $1,656 $144,647 $48,215 $96,432
2014 $1,573 $137,500 $50,000 $87,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Walker

    Seller's Agent in 2017

    Michael Walker

    Atlantic Realty

    (209) 620-5331

    7 Total Sales

    Michael Walker
    Section Image

  • N

    Buyer's Agent in 2017

    Nancy Ramirez

    KW Covina

    Section Image
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Map

Source: MetroList

MLS Number: 17023961

MetroList

APN: 053-01-17

California Stanislaus County Ceres 95307

2804 E Whitmore Ave, Ceres, CA

Not Listed for Sale

MultiFamily

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