Seller's Agent in 2020
Jason Somerville
Berkshire Hathaway Home Services Elite Real Estate
(209) 649-4100
2 in this area
53 Total Sales
Estimated Value: $536,000 - $622,625
4
Beds
2
Baths
1,852
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 1-Story Property
- Ripon Elementary School Rated A-
About This Home
As of October 2020Rare opportunity to purchase a cash flowing investment property with nearly 10% cap and upside potential, in the beautiful town of Ripon. Known around the area as the gem of the Central Valley, Ripon combines the charm and security of a small town, with access to Modesto, Stockton, the Bay Area and Beyond. This property has easy access to Hwy 99, close proximity to shopping and other services and is within easy walking distance to two great schools. Both units are fully occupied with great tenants that wish to remain. Both units have been remodeled inside/out within the past 24 months. Upgrades include granite countertops in the kitchen, tile as well as laminate flooring. This property also benefits from a full repaint inside/out, new appliances, ceiling fans, updated landscaping and irrigation. With the limited investment opportunities available in this great town, you'll want to take a look today!
Last Agent to Sell the Property
Berkshire Hathaway Home Services Elite Real Estate License #01392269 Listed on: 09/11/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 5,750
Parking
- 2 Car Garage
- 1 Parking Space Included
Home Design
- Duplex
- Slab Foundation
- Composition Roof
Utilities
- Central Heating
- 220 Volts
Additional Features
- 1-Story Property
- 5,750 Sq Ft Lot
Listing and Financial Details
- Security Deposit $2,975
- Tenant pays for cable tv electricity
- Assessor Parcel Number 261-110-25
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2020
Closed on
Oct 1, 2020
Sold by
Vcv Llc
Bought by
Wentworth Kevin and Wentworth Diane
Seller's Agent
Jason Somerville
Berkshire Hathaway Home Services Elite Real Estate
Buyer's Agent
Dominic Focaracci
Real Estate Store
List Price
$449,900
Sold Price
$463,000
Premium/Discount to List
$13,100
2.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,906
Avg. Annual Appreciation
4.68%
Purchase Details
Listed on
Jul 25, 2018
Closed on
Nov 15, 2018
Sold by
Venugopal Vijay Dev and Leng Venugopal Catherine
Bought by
Vcv Llc
Seller's Agent
Ashley Burgess
RE/MAX Executive
Buyer's Agent
Jason Somerville
Berkshire Hathaway Home Services Elite Real Estate
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$273,750
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 25, 2018
Closed on
Oct 4, 2018
Sold by
Drost Herman F and Drost Hendrika C
Bought by
Venugopal Vijay Dev and Leng Catherine
Seller's Agent
Ashley Burgess
RE/MAX Executive
Buyer's Agent
Jason Somerville
Berkshire Hathaway Home Services Elite Real Estate
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2016
Sold by
Drost William
Bought by
Drost William A
Purchase Details
Closed on
Feb 4, 2016
Sold by
Drost Herman and Drost Hendrika
Bought by
Drost Herman F and Drost Hendrika C
Purchase Details
Closed on
Apr 5, 2010
Sold by
Lassiter Bryce E
Bought by
Drost Herman and Drost Hendrika
Purchase Details
Closed on
Mar 1, 2005
Sold by
Lassiter Linnea
Bought by
Lassiter Bryce E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
4.82%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 30, 2001
Sold by
Rhode Timothy C and Rhode Tina L
Bought by
Rhode Thimothy C and Rhode Tina L
Purchase Details
Closed on
May 12, 2001
Sold by
Phillips Robert and Phillips Jean
Bought by
Rhode Timothy C and Rhode Tina L
Purchase Details
Closed on
Feb 10, 2000
Sold by
Phillips Robert and Phillips Jean
Bought by
Phillips Robert and Phillips Jean
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wentworth Kevin | $463,000 | First American Title Company | |
| Vcv Llc | -- | None Available | |
| Venugopal Vijay Dev | $365,000 | Chicago Title Company | |
| Drost William A | -- | None Available | |
| Drost Herman F | -- | None Available | |
| Drost Herman | $178,000 | Old Republic Title Company | |
| Lassiter Bryce E | -- | Alliance Title Co | |
| Lassiter Bryce E | -- | Alliance Title Co | |
| Rhode Thimothy C | -- | Chicago Title Co | |
| Rhode Timothy C | $118,000 | Chicago Title Co | |
| Phillips Robert | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Venugopal Vijay Dev | $273,750 | |
| Previous Owner | Lassiter Bryce E | $290,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2020 10/06/20 | Sold | $463,000 | +2.9% | $250 / Sq Ft | |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- | |
| 09/12/2020 09/12/20 | For Sale | $449,900 | +23.3% | $243 / Sq Ft | |
| 10/25/2018 10/25/18 | Sold | $365,000 | -2.7% | $197 / Sq Ft | View Prior Sale |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- | |
| 08/28/2018 08/28/18 | Price Changed | $375,000 | -3.8% | $202 / Sq Ft | |
| 08/08/2018 08/08/18 | Price Changed | $390,000 | -2.5% | $211 / Sq Ft | |
| 07/18/2018 07/18/18 | For Sale | $400,000 | -- | $216 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $5,506 | $501,164 | $119,066 | $382,098 |
| 2024 | $5,416 | $491,338 | $116,732 | $374,606 |
| 2023 | $5,307 | $481,705 | $114,444 | $367,261 |
| 2022 | $5,223 | $472,260 | $112,200 | $360,060 |
| 2021 | $5,143 | $463,000 | $110,000 | $353,000 |
| 2020 | $4,180 | $372,300 | $91,800 | $280,500 |
| 2019 | $4,110 | $365,000 | $90,000 | $275,000 |
| 2018 | $2,333 | $201,927 | $56,721 | $145,206 |
| 2017 | $2,289 | $197,968 | $55,609 | $142,359 |
| 2016 | $2,252 | $194,088 | $54,519 | $139,569 |
| 2015 | $2,226 | $191,174 | $53,701 | $137,473 |
| 2014 | $2,167 | $187,430 | $52,649 | $134,781 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Somerville
-
Dominic Focaracci
Buyer's Agent in 2020
Dominic Focaracci
Real Estate Store
(209) 612-6335
20 in this area
94 Total Sales
-
Ashley Burgess
Seller's Agent in 2018
Ashley Burgess
RE/MAX
(209) 938-8454
3 in this area
30 Total Sales
Map
Source: MetroList
MLS Number: 20054409
APN: 261-110-25
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 622 N Stockton Ave
- 410 Pine St
- 244 California St
- 136 N Acacia Ave
- 317 Gilbert Dr
- 163 Franklin Ln
- 347 E Milgeo Ave
- 214 Osborne Ct
- 255 Osbourne Ct
- 699 Nancy Dr
- 731 Nancy Dr
- 960 Goodwin Dr
- 1153 E Milgeo Ave
- 1458 Harvest Dr
- 442 S Manley Rd
- 0 Murphy Rd Unit 225148414
- 731 Dixie Ln
- 23811 S Jack Tone Rd
- 1234 Murphy Rd
- 2345 Murphy Rd
- 427 Ripona Ave
- 443 Ripona Ave
- 419 Ripona Ave
- 445 Ripona Ave
- 444 Key Ave
- 424 Frontage Rd Unit 2
- 424 Frontage Rd
- 409 Ripona Ave
- 204 E Washington St
- 434 Ripona Ave
- 426 Ripona Ave
- 442 Ripona Ave
- 421 N Stockton Ave
- 450 Ripona Ave
- 415 N Stockton Ave
- 458 Ripona Ave
- 205 W Washington St
- 507 Ripona Ave
- 501 N Stockton Ave
- 515 Ripona Ave