NOT LISTED FOR SALE

Estimated Value: $809,000

8 Beds
8 Baths
3,630 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $775,000 $213 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,323/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • High Speed Internet
  • No HOA
  • 4 Car Garage
  • Level Lot

About This Home

As of May 2023

Quadraplex built in 2006 located in Ceres. Great location close to downtown and shopping. This property has 4 total units. All units are one level but two are located downstairs and two are located upstairs. The upstairs units are 2 bedrooms with 2 full bathrooms and 950 square feet. The downstairs units are also 2 bedrooms with 2 bathrooms and 865 square feet. Each unit has an attached one car garage with laundry hookups. There is also a shared large, covered porch area. Low maintenance stucco exterior and composition shingle roof. Current good return on investment with nowhere to go but up! *** Do not disturb tenants ***

Last Agent to Sell the Property

John Brasil

RE/MAX Executive License #01453293 Listed on: 05/10/2023

RE/MAX Executive

Last Buyer's Agent

Brandon Joaquin

RE/MAX Executive License #01747005

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,260

Year Built

  • Built in 2006

Lot Details

  • 7,200 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Carpet
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 127-019-013-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,260

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 2006
  • Architectural Style: Traditional
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 213.50

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Slab
  • Listing Price: 775000.00
  • Lot Features: None
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Covered Parking Spaces: 8.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City, Internet Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: R4
  • Irrigation: None
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Trash Collection, Water
  • Lease Term: Less Than 12 Months
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Two Bedrooms Occupied: 3

Tax Info

  • Assessor Parcel Number: 127-019-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Peters Property Llc
Bought by
Cencal Property Investments Llc
Current Estimated Value
$809,000

Purchase Details

Listed on
May 10, 2023
Closed on
May 25, 2023
Sold by
Smith Ernest L
Bought by
Peters Property Llc
Seller's Agent
John Brasil
RE/MAX Executive
Buyer's Agent
Brandon Joaquin
RE/MAX Executive
List Price
$775,000
Sold Price
$775,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.10%

Purchase Details

Closed on
Aug 19, 2004
Sold by
Bonales Benjamin J and Bonales Dora L
Bought by
Smith Ernest L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,950
Interest Rate
7.5%
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
Cencal Property Investments Llc -- None Listed On Document
Peters Property Llc $775,000 Old Republic Title
Smith Ernest L $165,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Ernest L $612,000
Previous Owner Smith Ernest L $150,000
Previous Owner Smith Ernest L $169,950
Previous Owner Bonales Benjamin J $48,617
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $775,000 0.0% $213 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $775,000 -- $213 / 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 $10,260 $790,500 $219,300 $571,200
2023 $8,813 $677,649 $107,174 $570,475
2022 $6,730 $489,000 $60,500 $428,500
2021 $6,685 $489,000 $60,500 $428,500
2020 $6,571 $489,000 $60,500 $428,500
2019 $6,643 $489,000 $60,500 $428,500
2018 $6,592 $489,000 $60,500 $428,500
2017 $6,115 $444,500 $55,000 $389,500
2016 $5,618 $404,000 $50,000 $354,000
2015 $4,824 $336,000 $50,000 $286,000
2014 $4,381 $300,000 $50,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223041307

MetroList

APN: 127-19-13