NOT LISTED FOR SALE

Estimated Value: $500,442 - $537,000

1.22 Acres
$425,181 Price per Acre
53,143 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $460,000 $144 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,336/month

8 Days on Market

Highlights

  • 1.22 Acre Lot
  • No HOA
  • Wood Fence
  • Corner Lot
  • Garage
  • Many Trees

About This Lot

As of November 2022

This approx 1.2 acre lot is located on the corner of E Whitmore and Moore Rd and was annexed into the City of Ceres within the Whitmore Ranch Specific Plan Area. The Whitmore Ranch Specific Plan encompasses approx 94 acres; it is the City's intent to create a distinct new residential neighborhood that integrates a variety of housing types. This property is designated High Density Multi-Family Residential (HDR) and zoned as a planned community. The land use designation of HDR gives an assumed average of 25 units per acre. There is currently a SFR, detached garage and two large shops on the property which are all in need of repair. This is a gem of an property for any investor or developer. Located near major shopping centers and schools. A Whitmore Ranch Specific Plan document outlining the land use, infrastructure and regulatory framework for future development in the Specific Plan Area and links are avail for further information.

Last Agent to Sell the Property

Lydia Martinez-Linares

Berkshire Hathaway HomeServices-Drysdale Properties License #01111856 Listed on: 11/08/2022

Berkshire Hathaway HomeServices-Drysdale Properties

Last Buyer's Agent

Lydia Martinez-Linares

Berkshire Hathaway HomeServices-Drysdale Properties License #01111856 Listed on: 11/08/2022

Berkshire Hathaway HomeServices-Drysdale Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,255

Year Built

  • 1956

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions: 159
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Many Trees
  • Possible uses of the property include See Remarks
  • Subdivision Possible
  • Property is zoned High Density Multi-Family, Multi-Residential

Parking

  • Garage

Additional Homes

  • Residence on Property

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 069-017-001-000

Community Details

Overview

  • No Home Owners Association
  • Smyrna Park Subdivision

Recreation

  • Shop

Property Details

Property Type

Land

Est. Annual Taxes

$5,255

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: See Remarks
  • Subdivision: Smyrna Park
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1956

Exterior Features

  • Other Structures: Residence, Shop, Garage(s), Miscellaneous Building(s)
  • Disclosures/Documents: Preliminary Title Report, Parcel Map, See Remarks
  • Fencing: Chain Link, Wood
  • Horse Property: No
  • Listing Price: 394996.00
  • Lot Features: Corner, Curb(s), Shape Regular, Sidewalk(s), Gutter(s), Street Light(s), Paved
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Topography: Trees
  • View Description: None
  • Additional Living Units: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning: High Density Multi-Family
  • Crops: None
  • Current Use: Residential
  • Development Status: Design Review Required, Subdivision Possible, Map Required
  • Zoning Description: Multi-Residential
  • Irrigation: Domestic Well
  • Lot Size Acres: 1.2200
  • Lot Dimensions: 159 X 335
  • Lot Size Sq Ft: 53143.00
  • Possible Use: See Remarks
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 069-017-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Nov 22, 2022
Sold by
Hinkelman Edward and Hinkelman Carolyn
Bought by
Kb Construction Inc
Seller's Agent
Lydia Martinez-Linares
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Lydia Martinez-Linares
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$394,996
Sold Price
$460,000
Premium/Discount to List
$65,004
16.46%
Total Days on Market
8
Current Estimated Value
$518,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,721
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Jun 27, 2006
Sold by
Hinkelman Edward A and Hinkelman Carolyn S
Bought by
Hinkelman Edward and Hinkelman Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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    Section Image

Range of Values:

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Average Value
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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
Kb Construction Inc $460,000 Pasion Title Services
Hinkelman Edward -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinkelman Edward $314,000
Previous Owner Hinkelman Edward A $212,487
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $460,000 +16.5% $144 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $394,996 -- $124 / 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 $5,255 $469,200 $469,200 --
2023 $5,113 $460,000 $460,000 $0
2022 $2,580 $228,975 $105,938 $123,037
2021 $2,556 $224,486 $103,861 $120,625
2020 $2,466 $222,186 $102,797 $119,389
2019 $2,642 $217,831 $100,782 $117,049
2018 $2,591 $213,560 $98,806 $114,754
2017 $2,573 $209,373 $96,869 $112,504
2016 $2,524 $205,269 $94,970 $110,299
2015 $2,492 $202,187 $93,544 $108,643
2014 $2,445 $198,227 $91,712 $106,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222139834

MetroList

APN: 069-17-01