NOT LISTED FOR SALE

401 Spaulding Ave Ripon, WI 54971

Estimated Value: $185,000 - $233,000

4 Beds
2 Baths
1,642 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2019

Last sale price $40,000 $24 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $1,284 / mo

72 Days on Market

About This Home

As of December 2019

You can stop looking for investment property, this is the opportunity you've been searching for. This duplex is located on a tree-lined, residential street on Ripon's north side. With close proximity to many businesses there's no shortage of potential tenants-but since both units are already rented that's not a problem either! Main floor unit even has exterior ramp for easy accessibility. Don't miss out-this property would make a great start or addition to your real estate portfolio! With a little TLC this diamond will shine! Please plan ahead and schedule showings 48 hours in advance.

Co-Listed By

Mihai Schnell-Harrison

Adashun Jones, Inc. License #90-59232

Last Buyer's Agent

Nancy Jennings

Adashun Jones, Inc. License #90-60003

Property Details

Home Type

  • Multi-Family

Year Built

  • 1908

Lot Details

  • 19,602 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation
  • Cedar Shake Siding

Interior Spaces

  • 1,642 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

1908

Lot Details

0.45 Acres

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 1 Story, 2 Story, 2 Up and Down
  • Tax Municipality: Ripon, City of
  • Remarks Exclusions Public: Tenant's personal property (and washer, dryer, window a/c unit).
  • Remarks Inclusions Public: Lawn mower, 2 refrigerators, 2 ranges
  • Total Units: 2
  • Unit Identifier: City of Ripon
  • Remarks Public: You can stop looking for investment property, this is the opportunity you've been searching for. This duplex is located on a tree-lined, residential street on Ripon's north side. With close proximity to many businesses there's no shortage of potential tenants-but since both units are already rented that's not a problem either! Main floor unit even has exterior ramp for easy accessibility. Don't miss out-this property would make a great start or addition to your real estate portfolio! With a little TLC this diamond will shine! Please plan ahead and schedule showings 48 hours in advance.
  • Tax Municipal Sub Area: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1908

Interior Features

  • Source Total Fin Sq Ft: Total Only: Combination
  • Sq Ft Fin Above Grade Est: 1642
  • Sq Ft Total Fin Above And Below: 1642

Exterior Features

  • Exterior Finish Of Building: Wood/Wood Shake/Cedar
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Inside: 2
  • Number Of Total Parking Outside: 2
  • Building Parking: Detached, Outside

Utilities

  • Utilities: Indv Control/Unit, Sep Elec Meters/Unit, Sep Gas Meter/Unit, Sep Water Meter/Unit
  • Heating Cooling: Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 2
  • Number Of Water Heaters: 2
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Acres: 0.45
  • Deeded Access: Unknown
  • Flood Plain: Unknown
  • Lot Description: Sidewalk
  • Zoning: Residential
  • Geo Address Line: 401 Spaulding Ave
  • Geo Primary City: Ripon
  • Geo Quality: 1
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: RIP-16-14-21-02-200-04
  • Tax Net Amt: 1868

Multi Family

  • Number Of Refrigerators: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Ripon

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

Listed on
Oct 2, 2019
Closed on
Dec 9, 2019
Sold by
Bought by
Buyer's Agent
Nancy Jennings
Adashun Jones, Inc.
List Price
$89,900
Sold Price
$40,000
Premium/Discount to List
-$49,900
-55.51%
Current Estimated Value
$205,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,333
Avg. Annual Appreciation
28.52%
Original Mortgage
$51,000
Outstanding Balance
$44,472
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,861

Purchase Details

Closed on
Mar 9, 2018
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,025
Interest Rate
3.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,600
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
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

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
$40,000 None Available
-- None Available
$105,000 None Available
$93,300 None Available
$83,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $51,000
Previous Owner $104,025
Previous Owner $16,600
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
12/13/2019 12/13/19 Sold $40,000 -55.5% $24 / Sq Ft
10/02/2019 10/02/19 For Sale $89,900 -- $55 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $2,094 $87,500 $26,000 $61,500
2024 $1,944 $87,500 $26,000 $61,500
2023 $1,923 $87,500 $26,000 $61,500
2022 $1,849 $87,500 $26,000 $61,500
2021 $1,829 $87,500 $26,000 $61,500
2020 $1,960 $86,600 $26,000 $60,600
2019 $2,021 $86,600 $26,000 $60,600
2018 $1,867 $86,600 $26,000 $60,600
2017 $1,967 $96,300 $24,600 $71,700
2016 $2,043 $96,300 $24,600 $71,700
2015 $2,187 $96,300 $24,600 $71,700
2014 $2,152 $96,300 $24,600 $71,700
2013 $2,126 $96,300 $24,600 $71,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2019

    Mihai Schnell-Harrison

    Adashun Jones, Inc.

    Section Image

  • N

    Buyer's Agent in 2019

    Nancy Jennings

    Adashun Jones, Inc.

    Section Image
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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50212005

REALTORS® Association of Northeast Wisconsin

APN: RIP-16-14-21-02-200-04

Wisconsin Fond Du Lac County Ripon 54971

401 Spaulding Ave, Ripon, WI

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REALTORS® Association of Northeast Wisconsin Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Ten-X nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID

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