NOT LISTED FOR SALE

3118 Farris Ave Ceres, CA 95307

Estimated Value: $471,000 - $540,000

4 Beds
3 Baths
2,016 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $506,000 $251 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,210/month

10 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of November 2023

This newly renovated multi-unit property presents a unique opportunity for savvy investors and homebuyers alike. Situated in a serene neighborhood, this residence stands out as a prime example of comfort and smart investment. The main house, spanning 1248 square feet, features 3 bedrooms and 2 bathrooms, offering spacious living areas for families to thrive. Additionally, the property boasts a separate 768 square feet 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) that opens doors to numerous possibilities. Both units have undergone a meticulous top-to-bottom rehabilitation. This property is not just a home; it's a smart investment opportunity. The fully renovated ADU at the back of the main house provides the perfect chance to generate additional income, making this an ideal prospect for those looking to bring additional rental income.

Last Agent to Sell the Property

Caroline Nisani-younan

Metro Realty Pros License #02178681 Listed on: 10/26/2023

Metro Realty Pros

Co-Listed By

Alfred Younan

Metro Realty Pros License #01718008

Last Buyer's Agent

Giovanni De La Torre Gonzalez

EXIT Realty Consultants License #02192286

EXIT Realty Consultants

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 9,352

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Crawl Space
  • Open to Family Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 9,352 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 053-022-020-000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2016
  • Year Built: 1961
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 2016
  • Stories: 1
  • Laundry: In Garage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 053-022-020-000
  • Lot Acres: 0.2147
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9352.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9352.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Ceres Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 28, 2023
Sold by
Garcia Guillermina
Bought by
Tello J Jesus Garcia
Seller's Agent
Caroline Nisani-younan
Metro Realty Pros
Buyer's Agent
Giovanni De La Torre Gonzalez
EXIT Realty Consultants
List Price
$499,000
Sold Price
$506,000
Premium/Discount to List
$7,000
1.4%
Views
429
Current Estimated Value
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,000
Avg. Annual Appreciation
0.37%
Original Mortgage
$480,700
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 15, 2023
Sold by
Assator Mashihkhan Sargiz
Bought by
Garcia Adrian and Jesus Garcia Tello J
Seller's Agent
Caroline Nisani-younan
Metro Realty Pros
Buyer's Agent
Giovanni De La Torre Gonzalez
EXIT Realty Consultants
List Price
$499,000
Sold Price
$506,000
Premium/Discount to List
$7,000
1.4%
Views
429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,700
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 20, 2023
Sold by
Citigroup Mortgage Loan Trust
Bought by
Mashihkhan Sargiz Assator
Seller's Agent
Alfred Younan
Metro Realty Pros
Buyer's Agent
Caroline Nisani-younan
Metro Realty Pros
List Price
$299,900
Sold Price
$322,000
Premium/Discount to List
$22,100
7.37%
Views
356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
402.40%

Purchase Details

Closed on
Apr 18, 2023
Sold by
Clear Recon Corporation
Bought by
Citigroup Mortgage Loan Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tello J Jesus Garcia -- Placer Title
Garcia Adrian $506,000 Placer Title
Mashihkhan Sargiz Assator $322,000 Atlas Title
Citigroup Mortgage Loan Trust $403,839 Accommodation/Courtesy Recordi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Adrian $480,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $506,000 +1.4% $251 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $499,000 +55.0% $248 / Sq Ft
08/18/2023 08/18/23 Sold $322,000 +7.4% $258 / Sq Ft View Prior Sale
07/10/2023 07/10/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $299,900 -- $240 / Sq Ft
Source: MLSListings

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 $6,039 $516,120 $204,000 $312,120
2024 $5,660 $506,000 $200,000 $306,000
2023 $1,947 $182,085 $58,931 $123,154
2022 $1,929 $178,516 $57,776 $120,740
2021 $1,910 $175,017 $56,644 $118,373
2020 $1,850 $173,224 $56,064 $117,160
2019 $1,837 $169,828 $54,965 $114,863
2018 $1,798 $166,499 $53,888 $112,611
2017 $1,700 $156,000 $80,000 $76,000
2016 $1,528 $141,000 $30,000 $111,000
2015 $1,052 $99,000 $23,000 $76,000
2014 $903 $86,000 $20,000 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81946273

MLSListings

APN: 053-22-20