NOT LISTED FOR SALE

127 N Locust Ave Ripon, CA 95366

Ripon Area
7 Beds
4 Baths
3,052 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: April 23, 2018

Last sale price $1,348,000 $442 Per Sq Ft

11 Days on Market

About This Home

As of April 2018

Rare opportunity to acquire San Joaquin County 10-unit Apartment building located in the quiet community of Ripon. Nine Units are 2/1 & One unit is 1/1. Very stable income with several long term tenants.Excellent upside potential. Several units have been updated and all units are well maintained.

Last Agent to Sell the Property

Maria Vieira-Lee

RE/MAX Executive License #01438271 Listed on: 02/13/2018

RE/MAX Executive

Last Buyer's Agent

Kelley Winget

HomeSmart PV & Associates License #01977638

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.32

Parking

  • 1 Parking Space Included

Home Design

  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 14,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 259-070-17

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 7 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.32 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1986
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 1425000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Ripon Unified

Lot Info

  • Zoning Description: C3 (Central Business District)
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 10

Multi Family

  • Income Includes: Laundry
  • Number of Leased Units: 10
  • Number of Month to Month Units: 7
  • Number of Units: 10
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 259-070-17

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2010
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
$1,348,000 Old Republic Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $1,348,000 -5.4% $442 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $1,425,000 -- $467 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,999 $1,533,787 $334,518 $1,199,269
2024 $16,726 $1,503,713 $327,959 $1,175,754
2023 $16,391 $1,474,229 $321,529 $1,152,700
2022 $16,136 $1,445,324 $315,225 $1,130,099
2021 $15,892 $1,416,986 $309,045 $1,107,941
2020 $15,750 $1,402,458 $305,877 $1,096,581
2019 $15,485 $1,374,960 $299,880 $1,075,080
2018 $8,781 $744,933 $198,120 $546,813
2017 $8,494 $730,328 $194,236 $536,092
2016 $8,360 $716,012 $190,429 $525,583
2015 $8,262 $705,259 $187,569 $517,690
2014 $7,790 $691,445 $183,895 $507,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18008410

MetroList
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