NOT LISTED FOR SALE

225 Valley St Ridgecrest, CA 93555

Estimated Value: $290,141 - $296,000

6 Beds
3 Baths
2,685 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $212,000 $79 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,880/month

9 Days on Market

Highlights

  • Evaporated cooling system
  • Landscaped with Trees
  • Satellite Dish
  • Patio
  • Ceiling Fan
  • Wood Siding

About This Home

As of February 2019

Triplex located in the Southeast. Each unit has large 2 bedroom 1 bath. Roof 2 years old, new stucco, fascia and eves scraped and painted. Unit A & B has newer evaporated coolers. Each unit has washer, dryer hook-ups. Fully rented. Great investment opportunity. Please do not disturb tenants. Make offer contingent on inspection.

Last Agent to Sell the Property

Gail Sap

Vaughn Realty License #01878099 Listed on: 10/09/2018

Last Buyer's Agent

Gail Sap

Vaughn Realty License #01878099 Listed on: 10/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 9,583 Sq Ft Lot
  • Landscaped with Trees

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,685 Sq Ft Home
  • Ceiling Fan
  • Light Fixtures
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Master Meter
  • Natural Gas Connected
  • Water Heater
  • Satellite Dish

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 343-041-63

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Additional Assessor Parcel Numbers: 343-041-63
  • Directions To Property: East on Ridgecrest Blvd, South on Valley
  • Property Sub Type: Triplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1981
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups, Water Heater
  • Total Bathrooms: 3
  • Lower Floor 1 Bedrooms: 6
  • Interior Amenities: Ceiling Fans, Window Coverings, Fixtures, Flooring- Laminate, Flooring- Carpet, Flooring- Linoleum/Vinyl
  • Listing Area: South East
  • Living Sq Ft: 2685

Exterior Features

  • Exterior Construction: Stucco, Siding-Wood
  • Exterior Features: Curb & Gutter, Landscape- Partial, Patio- Uncovered, Satellite Dish, Trees
  • Flood Zone: X
  • Roof Type: Composition

Utilities

  • Cooling: Evap. Cooler: Multi-room Ducting, On Ground
  • Heating: Natural Gas Furnace
  • Utilities: Water: IWVWD, Power: On Meter, Legal Access: Yes, Natural Gas: Hooked-up, Sewer: Hooked-up

Condo/Co-op/Association

  • Units In Building: 3

Lot Info

  • Lot Size: 0.22
  • Zoning: R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Anita Leblanc Living Trust and Leblanc Marc
Bought by
Kemp Paul Marcus
Current Estimated Value
$292,785

Purchase Details

Closed on
Jan 16, 2025
Sold by
Kemp Darnell Suzanne
Bought by
Kemp Paul Marcus

Purchase Details

Listed on
Oct 9, 2018
Closed on
Mar 5, 2019
Sold by
Leblanc Marc E
Bought by
Leblanc Marc and The Anita Leblanc Living Trust
Seller's Agent
Gail Sap
Vaughn Realty
Buyer's Agent
Gail Sap
Vaughn Realty
List Price
$220,000
Sold Price
$212,000
Premium/Discount to List
-$8,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Nov 2, 2018
Sold by
Monahan Stephen G
Bought by
Leblanc Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Kemp Paul Marcus $297,000 Chicago Title
Kemp Paul Marcus -- Chicago Title
Leblanc Marc -- Accommodation
Leblanc Mark E $212,000 Chicago Title Bakersfield
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leblanc Mark E $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $212,000 -3.6% $79 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $220,000 -- $82 / Sq Ft
Source: Southern Sierra MLS

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 $4,081 $315,000 $40,000 $275,000
2024 $4,081 $231,851 $27,340 $204,511
2023 $3,970 $227,305 $26,804 $200,501
2022 $3,889 $222,849 $26,279 $196,570
2021 $3,700 $218,480 $25,764 $192,716
2020 $3,592 $216,240 $25,500 $190,740
2019 $3,259 $189,424 $27,060 $162,364
2018 $3,214 $182,070 $26,010 $156,060
2017 $3,484 $203,652 $38,738 $164,914
2016 $3,360 $199,660 $37,979 $161,681
2015 $3,306 $196,662 $37,409 $159,253
2014 $2,982 $192,811 $36,677 $156,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Sierra MLS

MLS Number: 1955104

APN: 343-041-63-00-2

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