NOT LISTED FOR SALE

216 3rd St Ripon, CA 95366

Estimated Value: $653,000 - $747,000

4 Beds
4 Baths
2,468 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $380,000 $154 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,173/month

10 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 4 Car Garage
  • Ripon Elementary School Rated A-
  • Patio
  • 3-minute walk to Ripon Community Center

About This Home

As of May 2015

Beautiful 4 plex in the heart of Ripon. Great investment opportunity. All units are occupied by long term tenants. Each unit is rented at $700 per month. One Section 8 tenant. Each unit has a back patio and 1 car garage. All units are well maintained. Roof is 4 years old. Weekly lawn service with monthly fertilizing. Monthly pest spraying from Clark Pest Control. Minutes away from HWY 99. Few blocks away from Main Street shopping centers and Acacia Park.

Last Agent to Sell the Property

Wilfredo Urbina

Urbina Properties License #01911190 Listed on: 03/02/2015

Last Buyer's Agent

Wilfredo Urbina

Urbina Properties License #01911190 Listed on: 03/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,534

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • Patio
  • 6,534 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 259-310-01

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1961
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 410000.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Association Features: Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Ripon Unified

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 259-310-01

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
Machado Robert J and Machado Eleni D
Bought by
Machado Robert J and Livin Eleni D Machado
Current Estimated Value
$711,848

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 13, 2015
Sold by
Paulson James A and The James A Paulson Trust
Bought by
Machado Robert J and Machado Eleni D
Seller's Agent
Wilfredo Urbina
Urbina Properties
Buyer's Agent
Wilfredo Urbina
Urbina Properties
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$100,000
Outstanding Balance
$37,172
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$674,676

Purchase Details

Closed on
Nov 13, 2006
Sold by
Paulson James A
Bought by
Paulson James A and The James A Paulson Trust

Purchase Details

Closed on
Dec 28, 2005
Sold by
Paulson James A and Paulson Family Trust
Bought by
Paulson James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Machado Robert J -- None Available
Machado Robert J $380,000 Placer Title Company
Paulson James A -- None Available
Paulson James A -- First Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machado Robert J $100,000
Previous Owner Paulson James A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $380,000 -7.3% $154 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $410,000 -- $166 / 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 $5,182 $456,692 $180,272 $276,420
2024 $5,099 $447,738 $176,738 $271,000
2023 $5,000 $438,960 $173,273 $265,687
2022 $4,923 $430,354 $169,876 $260,478
2021 $4,850 $421,917 $166,546 $255,371
2020 $4,808 $417,592 $164,839 $252,753
2019 $4,729 $409,405 $161,607 $247,798
2018 $4,659 $401,379 $158,439 $242,940
2017 $4,572 $393,510 $155,333 $238,177
2016 $4,499 $385,796 $152,288 $233,508
2015 $4,023 $340,697 $146,617 $194,080
2014 $3,788 $334,024 $143,746 $190,278
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

    46 Total Sales

    Wilfredo Urbina
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Map

Source: MetroList

MLS Number: 15012392

MetroList

APN: 259-310-01

California San Joaquin County Ripon 95366

216 3rd St, Ripon, CA

Not Listed for Sale

MultiFamily

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