NOT LISTED FOR SALE

130 N Elm Ave Ripon, CA 95366

Estimated Value: $795,000 - $867,000

8 Beds
4 Baths
3,328 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $410,000 $123 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,760/month

92 Days on Market

Highlights

  • No HOA
  • Ripon Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2015

Great Investment Opportunity, Wonderful Location. Beautiful 4-plex in the heart of Ripon. Each unit has 2 bedroom 1 bath and covered carport parking. 3 units are currently tenant occupied. 1 downstairs unit is vacant. Please do not disturb tenants.

Last Agent to Sell the Property

Wilfredo Urbina

Urbina Properties License #01911190 Listed on: 09/10/2014

Last Buyer's Agent

Wilfredo Urbina

Urbina Properties License #01911190 Listed on: 09/10/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 7,000

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 259-070-16

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1988
  • Accessibility Features: 0
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 420000.00
  • Patio And Porch Features: Uncovered Deck,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Carport,Varies by Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Ripon Unified

Lot Info

  • Zoning Description: R-4
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 4

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 259-070-16

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Bhullar and Amandeep
Bought by
Bhullars Prop Llc
Current Estimated Value
$826,220

Purchase Details

Listed on
Sep 10, 2014
Closed on
Jan 26, 2015
Sold by
Martinez Kerry Dean and The Joseph Salazar Martinez Li
Bought by
Bhullar Gurbir and Sandhu Amandeep
Seller's Agent
Wilfredo Urbina
Urbina Properties
Buyer's Agent
Wilfredo Urbina
Urbina Properties
List Price
$750,000
Sold Price
$410,000
Premium/Discount to List
-$340,000
-45.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$287,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2014
Sold by
Martinez Joseph S
Bought by
Martinez Joseph Salazar and Martinez Kerry Dean

Purchase Details

Closed on
Dec 15, 2003
Sold by
Almond Tree Associates
Bought by
Martinez Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,700
Interest Rate
3.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 5, 2002
Sold by
Lee John W and Lee No Hwa
Bought by
Almond Tree Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.95%

Purchase Details

Closed on
Sep 17, 2002
Sold by
Mulligan Sherry K
Bought by
Lee John W and Lee No Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.95%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Miersma Marion and Miersma Jeanne
Bought by
Mulligan Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.14%
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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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
Bhullars Prop Llc -- None Listed On Document
Bhullar Gurbir $410,000 Chicago Title
Martinez Joseph Salazar -- None Available
Martinez Joseph S $455,000 First Amer Title Co
Almond Tree Associates -- Title Court
Lee John W $425,000 Fidelity Natl Title Ins Co
Mulligan Sherry K $270,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhullar Gurbir $287,000
Previous Owner Martinez Joseph S $330,700
Previous Owner Lee John W $297,500
Previous Owner Mulligan Sherry K $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2015 02/06/15 Sold $410,000 -45.3% $123 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $750,000 -- $225 / 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 $5,597 $492,748 $144,218 $348,530
2024 $5,508 $483,088 $141,391 $341,697
2023 $5,401 $473,617 $138,619 $334,998
2022 $5,318 $464,331 $135,901 $328,430
2021 $5,239 $455,228 $133,237 $321,991
2020 $5,194 $450,561 $131,871 $318,690
2019 $5,109 $441,728 $129,286 $312,442
2018 $5,033 $433,067 $126,751 $306,316
2017 $4,939 $424,576 $124,266 $300,310
2016 $4,793 $410,000 $145,000 $265,000
2014 -- $450,000 $112,000 $338,000
Source: Public Records

Agents Affiliated with this Home

  • Wilfredo Urbina

    Seller's Agent in 2015

    Wilfredo Urbina

    Urbina Properties

    (209) 275-4192

    2 in this area

    45 Total Sales

    Wilfredo Urbina
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Map

Source: MetroList

MLS Number: 14057945

MetroList

APN: 259-070-16

California San Joaquin County Ripon 95366

130 N Elm Ave, Ripon, CA

Not Listed for Sale

MultiFamily

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