NOT LISTED FOR SALE

150 N Locust Ave Ripon, CA 95366

Estimated Value: $579,000 - $734,000

4 Beds
3 Baths
1,882 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $575,000 $306 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,902/month

6 Days on Market

About This Home

As of November 2021

Tri-Plex located in beautiful downtown Ripon. Wonderful investment opportunity. Single building contains 2 One bedroom Units and 1 Two bedroom unit. All units have central heat and air. All units are vacant and ready to be leased.

Last Agent to Sell the Property

Kevin Pallotta

Hearthstone Brokerage License #01936687 Listed on: 10/29/2021

Last Buyer's Agent

Sonya Hanker

RE/MAX Executive License #02088356

RE/MAX Executive

Property Details

Home Type

  • Apartment

Year Built

  • 1979

Lot Details

  • 4,356

Property Details

Home Type

Apartment

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • CapRate: 5.00
  • Directions: From Main Street, turn North on North Locust Ave. Tri-Plex is on the Right.
  • Efficiency: Insulation, Thermostat
  • Building Stories: 1
  • Subdivision Name: Moultons Add
  • Special Features: None
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Appliances: Disposal, Free Standing Electric Oven, Free Standing Electric Range
  • Price Per Square Foot: 305.53
  • Flooring: Carpet, Laminate, Vinyl, Wood, Varies by Unit
  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Foundation Details: Slab
  • Construction Type: Ceiling Insulation, Stucco, Frame, Wood
  • Disclosures: Natural Hazard Disclosure Available, Preliminary Title Report, Seller Property Questionnaire, Transfer Disclosure Statement
  • Lot Features: Shape Regular, Curbs/Gutters

Garage/Parking

  • Parking Features: Off Street, Side-by-Side, Uncovered
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Other
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Water Source: Irrigation District, Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ripon Unified

Lot Info

  • Lot Size Sq Ft: 4408
  • Zoning Description: R3

Rental Info

  • Total # Leasable: 3
  • Tenant Pays: Electricity, Gas

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1100
  • Number Of Units Total: 3
  • Number Of Units Vacant: 3
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Eden P Salomon Trust
Bought by
Salomon Mara
Current Estimated Value
$636,250

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 15, 2021
Sold by
Schroeder Mark and Schroeder Patricia J
Bought by
Salomon Eden and Eden P Salomon Trust
Seller's Agent
Kevin Pallotta
Hearthstone Brokerage
Buyer's Agent
Sonya Hanker
RE/MAX Executive
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Jul 2, 1997
Sold by
Aukeman Calvin L and Aukeman Judy A
Bought by
Schroeder Mark and Schroeder Patricia J
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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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
Salomon Mara -- None Listed On Document
Salomon Eden $575,000 Chicago Title Company
Salomon Mara -- Chicago Title Company
Schroeder Mark -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $575,000 0.0% $306 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $575,000 -- $306 / 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 $6,811 $621,296 $155,987 $465,309
2024 $1,518 $120,020 $22,608 $97,412
2023 $1,490 $117,667 $22,165 $95,502
2022 $1,470 $115,361 $21,731 $93,630
2021 $1,450 $113,100 $21,305 $91,795
2020 $1,439 $111,941 $21,087 $90,854
2019 $1,418 $109,747 $20,674 $89,073
2018 $1,399 $107,596 $20,269 $87,327
2017 $1,375 $105,487 $19,872 $85,615
2016 $1,355 $103,421 $19,483 $83,938
2014 $1,222 $99,872 $18,814 $81,058
Source: Public Records

Agents Affiliated with this Home

  • Kevin Pallotta

    Seller's Agent in 2021

    Kevin Pallotta

    Hearthstone Brokerage

    2 in this area

    30 Total Sales

    Kevin Pallotta
    Section Image
  • Sonya Hanker

    Buyer's Agent in 2021

    Sonya Hanker

    RE/MAX

    (209) 345-1998

    11 in this area

    46 Total Sales

    Sonya Hanker
    Section Image
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Map

Source: MetroList

MLS Number: 221128057

MetroList

APN: 259-190-11

California San Joaquin County Ripon 95366

150 N Locust Ave, Ripon, CA

Not Listed for Sale

MultiFamily

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