NOT LISTED FOR SALE

Estimated Value: $260,000 - $359,000

4 Beds
2 Baths
1,300 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $350,000 $269 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,842/month

4 Days on Market

Highlights

  • Private Yard
  • Covered patio or porch
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Laundry Facilities

About This Home

As of April 2024

Opportunities like this don't come around often. Take advantage of this chance to own a lucrative income property in the Ceres community. Schedule a showing today to see firsthand the potential this property holds for your investment portfolio. Front house has 2 bedrooms, 1 full bath and two additional, small sleeping quarters. The back unit has 2 bedrooms and one full bath. Both units have a small, private, back yard. The back unit has alley access. The front unit has central air and the back unit has 2 mini splits.

Last Agent to Sell the Property

Celeste Zupancic

HomeSmart PV & Associates License #02088598 Listed on: 04/12/2024

HomeSmart PV & Associates

Last Buyer's Agent

David Allan

PMZ Real Estate License #01733178

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1919

Lot Details

  • 7,200 Sq Ft Lot
  • Private Yard

Home Design

  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement
  • Free-Standing Gas Range
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 127-019-003-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$621

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Other
  • Year Built: 1919
  • Architectural Style: Unknown
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Tile, Laminate
  • Basement: Unfinished, Partial
  • Price Per Square Foot: 269.23
  • Square Footage: 1300.00

Exterior Features

  • Construction Materials: Other
  • Exterior Features: Yard Space
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 350000.00
  • Lot Features: Other
  • New Construction: No
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Street, Other
  • Total Parking Spaces: 2.00

Utilities

  • Security: Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central, Varies by Unit, Other
  • Heating: Central, Other
  • Laundry Features: In Common Area, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: See Remarks, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: Public District
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Other"]
  • Total Number Leasable: 2
  • Number of Leased Units: 2
  • Number of Units: 2
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1100-1300
  • Number Of2 Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 127-019-003-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Apr 23, 2024
Sold by
Cardenas Jaime
Bought by
Frank Alvarez Jr And Martha E Alvarez Revocab and Alvarez
Seller's Agent
Celeste Zupancic
HomeSmart PV & Associates
Buyer's Agent
David Allan
PMZ Real Estate
List Price
$350,000
Sold Price
$350,000
Total Days on Market
4
Views
99
Current Estimated Value
$320,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,615
Avg. Annual Appreciation
-7.46%

Purchase Details

Closed on
Dec 15, 2016
Sold by
Cardenas Maria Y
Bought by
Cardenas Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2014
Sold by
Cardenas Jaime
Bought by
The Cs Family Group Inc

Purchase Details

Listed on
Jan 24, 2012
Closed on
Mar 7, 2012
Sold by
Federal National Mortgage Association
Bought by
Cardenas Jaime
Seller's Agent
Travis Azevedo
A 2 Z Homes, Inc.
Buyer's Agent
Francisco Lujano
HomeSmart PV & Associates
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Vivo Casey A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 10, 2003
Sold by
Timko Elsie and Elsie Timko Trust
Bought by
Vivo Casey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,520
Interest Rate
7.87%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Timko Elsie
Bought by
Timko Elsie and Elsie Timko Trust
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
Frank Alvarez Jr And Martha E Alvarez Revocab $350,000 Cypress Title
Cardenas Jaime -- First American Title Company
Cardenas Jaime -- First American Title Company
The Cs Family Group Inc -- None Available
Cardenas Jaime $35,000 Stewart Title Of California
Federal National Mortgage Association $198,418 Cr Title Services Inc
Vivo Casey A $138,000 Fidelity National Title
Timko Elsie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardenas Jaime $227,500
Previous Owner Cardenas Jaime $168,750
Previous Owner Cardenas Jaime $83,500
Previous Owner Cardenas Jaime $67,500
Previous Owner Vivo Casey A $185,000
Previous Owner Vivo Casey A $145,500
Previous Owner Vivo Casey A $111,520
Closed Vivo Casey A $27,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $350,000 0.0% $269 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $350,000 +900.0% $269 / Sq Ft
03/20/2012 03/20/12 Sold $35,000 -22.0% $56 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $44,900 -- $72 / 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 $621 $55,105 $24,622 $30,483
2023 $604 $54,026 $24,140 $29,886
2022 $599 $52,967 $23,667 $29,300
2021 $589 $51,929 $23,203 $28,726
2020 $576 $51,398 $22,966 $28,432
2019 $572 $50,391 $22,516 $27,875
2018 $560 $49,404 $22,075 $27,329
2017 $556 $48,437 $21,643 $26,794
2016 $545 $47,488 $21,219 $26,269
2015 $537 $46,776 $20,901 $25,875
2014 $412 $35,861 $20,492 $15,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224025225

MetroList

APN: 127-19-03