NOT LISTED FOR SALE

5537 Central Ave Ceres, CA 95307

Estimated Value: $712,207 - $838,000

4 Beds
2.5 Baths
2,426 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $635,000 $262 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,626/month

19 Days on Market

Highlights

  • Private Lot
  • No HOA
  • Tile Flooring
  • Cathedral Ceiling
  • Storage
  • Central Heating and Cooling System

About This Home

As of October 2023

Escape the hustle and bustle of the city and embrace the serenity of country living with this exceptional property that combines the allure of rural landscapes with the comfort of modern living. Situated on a sprawling parcel of land spanning just under an acre, this enchanting estate boasts not one, but two homes, making it a haven for multigenerational families, or those seeking an idyllic retreat with income potential.

Last Agent to Sell the Property

Clarissa Azevedo

EXIT Realty Consultants License #01908579 Listed on: 09/07/2023

EXIT Realty Consultants

Last Buyer's Agent

Cecilia Manzo

Redfin Corporation License #02123250

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 0.88 Acre Lot
  • East Facing Home
  • Chain Link Fence
  • Private Lot

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Property
  • Concrete Foundation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,426 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Family or Dining Combination
  • Storage
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Tile Bathroom Countertop

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041-033-009-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0.88 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Ranchette/Country
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: No
  • Stories: 2
  • Year Built: 1998
  • Architectural Style: Other
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Cook Top
  • Interior Amenities: Storage Area(s)
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Master Bedroom Features: Closet
  • Total Bathrooms: 3
  • Bathroom Features: Tile
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Island,Tile Counter
  • Living Room Features: Cathedral/Vaulted
  • Lower Level: Dining Room,Family Room,Garage,Kitchen
  • Main Level: Kitchen,Street Entrance
  • Price Per Square Foot: 261.75
  • Square Footage: 2426.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Property Faces: East
  • Fencing: Chain Link
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 599000.00
  • Lot Features: Private
  • Pool: No
  • Roof: Tile
  • Spa: No
  • Land Use: See Remarks,Other
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 3.00
  • Parking Features: 1/2 Car Space, Garage Door Opener, Garage Facing Front, Garage Facing Rear
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: See Remarks
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts, See Remarks
  • Heating: Central
  • Laundry Features: None
  • Water Source: Well, See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.8800
  • Lot Size Sq Ft: 38333.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 041-033-009-000
  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Second home on lot
  • Unit 2 Occupied: No
  • Unit 2 Type: Detached

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 6, 2023
Sold by
Rice Family 2014 Revocable Trust
Bought by
Padilla Leonardo Daniel Herna and Melgoza Norma Araceli
Seller's Agent
Clarissa Azevedo
EXIT Realty Consultants
Buyer's Agent
Cecilia Manzo
Redfin Corporation
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Views
384
Current Estimated Value
$775,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,802
Avg. Annual Appreciation
8.90%
Original Mortgage
$427,000
Outstanding Balance
$386,372
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$389,430

Purchase Details

Closed on
Jul 6, 2023
Sold by
Lois M Rice 2014 Revocable Trust and Rice Gary L
Bought by
Rice Erin Rene and Rice Jason Taylor

Purchase Details

Closed on
Feb 13, 2014
Sold by
Rice Lois M and Rice Larry A
Bought by
Rice Lois M and Lois M Rice 2014 Revocable Tru
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
Padilla Leonardo Daniel Herna $635,000 Wfg National Title Insurance C
Rice Erin Rene -- None Listed On Document
Rice Lois M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Leonardo Daniel Herna $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $635,000 +6.0% $262 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $599,000 -- $247 / Sq Ft
Source: MetroList

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 $7,697 $647,700 $320,790 $326,910
2024 $7,217 $635,000 $314,500 $320,500
2023 $3,378 $301,072 $96,401 $204,671
2022 $3,344 $295,169 $94,511 $200,658
2021 $3,305 $289,382 $92,658 $196,724
2020 $3,203 $286,415 $91,708 $194,707
2019 $3,179 $280,800 $89,910 $190,890
2018 $3,111 $275,296 $88,148 $187,148
2017 $2,592 $226,697 $57,893 $168,804
2016 $2,537 $222,253 $56,758 $165,495
2015 $2,501 $218,916 $55,906 $163,010
2014 $2,452 $214,628 $54,811 $159,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223086808

MetroList

APN: 041-33-09

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