3432 Vera Way, Ceres, CA 95307, Ceres, 95307 - 3 bed, 2 bath
3432 Vera Way
Ceres, CA 95307
Property Price
SUMMARY
Analysis of 3432 Vera Way, Ceres, CA 95307 reveals a Prime Investment Opportunity with a current list price of $319,000—significantly undercutting the $335,789 Fair Market Value by 4%. This valuation gap indicates a +$16,789 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ceres Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3432 Vera Way Subject | $319,000* List Price | 3 | 2 | 1,449 | $232 | - |
A 2109 Oriole Dr. Sold | $390,000 | 3 | 2 | 1,512 | $258 | 0.6 mi |
B 1812 Rose Avenue Sold | $365,000 | 3 | 2 | 1,515 | $241 | 0.8 mi |
C Kay Street Sold | $260,000 List Price | 3 | 1 | 1,027 | 0.9 mi | |
D 1821 Rose Avenue Pending | $345,000 List Price | 3 | 2 | 1,511 | $228 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1982, the property appears to be in mostly original condition. While functional and maintained, the kitchen features dated oak cabinetry, laminate countertops, and older electric coil appliances. The bathrooms, flooring, and light fixtures reflect the home's original era and lack modern updates, though the structure remains livable and well-kept.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7427, living area = 1449.
- Corner Lot & RV Access
Situated on a desirable corner lot, the property features dedicated RV access, providing significant utility for homeowners with recreational vehicles or extra parking needs.
- Functional Floor Plan
The layout includes both a family/kitchen combo and a separate living room, offering a versatile balance of open-concept gathering space and formal living areas.
CONSRISKS & DEFICIENCIES
- Probate Sale Requirements
As a probate sale requiring court approval, the transaction may involve a more complex and extended timeline compared to a standard residential sale.
- Potential for Updates
Built in 1982, the home may require cosmetic or system upgrades to meet modern standards, which should be factored into the overall investment.
About 3432 Vera Way
Lock in this 3 bedroom, 2 bath home which features a family/kitchen combo, separate living room, 2 car garage and RV access on a corner lot with beautiful shade trees. This is a probate sale and needs court approval.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 7,427 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,449 | 1,551 | 40% |
| Lot Size | 7,427 | 6,852 | 73% |
| Price | $319.0K | $439.0K | 8% |
| Price per sq ft | $220 | $284 | 12% |
| Built year | 1982 | 1988 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 145 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$319,000
Initial Listing