NOT LISTED FOR SALE

3845 Lexar Dr Ceres, CA 95307

Estimated Value: $501,000 - $560,224

4 Beds
2 Baths
2,270 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 18, 2013

Last sale price $234,000 $103 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,063/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2013

Dynamite duplex. Each unit has 2 bedrooms, 1 bath and 2 car garage. Good size backyards. Nice location.

Last Agent to Sell the Property

Lori Adams

RE/MAX Executive License #01194564 Listed on: 08/01/2013

Co-Listed By

Lori Little

RE/MAX Executive License #01758039

Last Buyer's Agent

Tony Singh

PMZ Real Estate License #01834876

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 7,928

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 7,928 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection see remarks
  • Assessor Parcel Number 086-034-007-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 2006
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stone,Stucco
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 199000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1820
  • Lot Size Sq Ft: 7928

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection,See Remarks

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 086-034-007-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Sep 13, 2013
Sold by
Gill Gurjit
Bought by
Johal Daljit Singh and Johal Sukhwinder K
Seller's Agent
Lori Adams
RE/MAX Executive
Buyer's Agent
Tony Singh
PMZ Real Estate
List Price
$199,000
Sold Price
$234,000
Premium/Discount to List
$35,000
17.59%
Current Estimated Value
$530,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,612
Avg. Annual Appreciation
6.88%
Original Mortgage
$150,000
Outstanding Balance
$38,296
Interest Rate
4.36%
Mortgage Type
Commercial
Estimated Equity
$492,316

Purchase Details

Closed on
Apr 26, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gill Gurjit and Gill Manjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,985
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2008
Sold by
Materazzi Alessandra
Bought by
Federal Home Loan Mortgage Corporation
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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Purchase History

Date Buyer Sale Price Title Company
Johal Daljit Singh $234,000 Old Republic Title Company
Gill Gurjit $159,000 Ticor Title
Federal Home Loan Mortgage Corporation $399,281 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johal Daljit Singh $150,000
Previous Owner Gill Gurjit $110,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2013 09/18/13 Sold $234,000 +17.6% $103 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $199,000 -- $88 / 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 $3,796 $286,838 $55,157 $231,681
2024 $3,661 $281,215 $54,076 $227,139
2023 $3,411 $275,702 $53,016 $222,686
2022 $3,383 $270,297 $51,977 $218,320
2021 $3,378 $264,998 $50,958 $214,040
2020 $3,290 $262,282 $50,436 $211,846
2019 $3,253 $257,141 $49,448 $207,693
2018 $3,211 $252,100 $48,479 $203,621
2017 $3,212 $247,158 $47,529 $199,629
2016 $3,157 $242,313 $46,598 $195,715
2015 $3,045 $238,675 $45,899 $192,776
2014 $3,087 $234,000 $45,000 $189,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lori Adams

    RE/MAX

    Section Image
  • Lori Little

    Seller Co-Listing Agent in 2013

    Lori Little

    RE/MAX

    184 Total Sales

    Lori Little
    Section Image

  • T

    Buyer's Agent in 2013

    Tony Singh

    PMZ Real Estate

    (209) 505-6384

    11 Total Sales

    Tony Singh
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 13045111

MetroList

APN: 086-34-07

California Stanislaus County Ceres 95307

3845 Lexar Dr, Ceres, CA

Not Listed for Sale

MultiFamily

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