NOT LISTED FOR SALE

501 Robert Ave Ripon, CA 95366

Estimated Value: $551,000 - $661,000

4 Beds
2 Baths
1,688 Sq Ft
$351/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $511,000 $303 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,622/month

20 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Weston Elementary School Rated A-
  • Garage
  • 4-minute walk to Wilma Park

About This Home

As of October 2020

This duplex is now available in the beautiful community of Ripon, CA! This duplex has 2 units equalling 1,689sf. Each unit has 2 bed/1 bath. The unit along Robert has been remodeled with updated flooring, updated bathrooms, and updated kitchens. Both units have their own 2 car garages with laundry and have additional parking available. The property is perfect for investors! Also great for first time home buyers! Both units are currently occupied.

Last Agent to Sell the Property

Kory Simmons

HomeSmart PV & Associates License #02107146 Listed on: 08/12/2020

HomeSmart PV & Associates

Co-Listed By

Lacey Fisher

RE/MAX Executive License #01382942

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 7,000

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 259-442-10

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1981
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Tile,Wood

Exterior Features

  • Construction Materials: Frame,Lap Siding,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Seller Property Questionnaire,Transfer Disclosure Statement
  • Listing Price: 527000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Ripon Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 259-442-10
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 16, 2020
Sold by
Huang Vincent
Bought by
Salomon Mara
Seller's Agent
Kory Simmons
HomeSmart PV & Associates
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$527,000
Sold Price
$511,000
Premium/Discount to List
-$16,000
-3.04%
Current Estimated Value
$593,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,065
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 25, 2020
Sold by
Varni Anthony C
Bought by
Salomon Mara
Seller's Agent
Kory Simmons
HomeSmart PV & Associates
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$527,000
Sold Price
$511,000
Premium/Discount to List
-$16,000
-3.04%

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jan 31, 2019
Sold by
Gibson Patsy L
Bought by
Varni Anthony C
Seller's Agent
Vi Sikkema
RE/MAX Executive
Buyer's Agent
Lacey Fisher
RE/MAX Executive
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.56%
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jan 30, 2019
Sold by
Varni Mari V
Bought by
Varni Anthony C
Seller's Agent
Vi Sikkema
RE/MAX Executive
Buyer's Agent
Lacey Fisher
RE/MAX Executive
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Gibson Gerald D and Gibson Patsy L
Bought by
Gibson Gerald D and Gibson Patsy L

Purchase Details

Closed on
Nov 3, 2003
Sold by
South San Joaquin Irrigation District
Bought by
Gibson Gerald D and Gibson Patsy L

Purchase Details

Closed on
Nov 23, 1995
Sold by
Soares Manuel L
Bought by
Gibson Gerald D and Gibson Patsy L
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 -- North American Title Co Inc
Salomon Mara $511,000 North American Title Co Inc
Varni Anthony C $390,000 Old Republic Title Company
Varni Anthony C -- Old Republic Title Company
Gibson Gerald D -- --
Gibson Gerald D -- --
Gibson Gerald D -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varni Anthony C $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $511,000 -3.0% $303 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $527,000 0.0% $312 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $527,000 +35.1% $312 / Sq Ft
01/31/2019 01/31/19 Sold $390,000 +2.9% $231 / Sq Ft View Prior Sale
12/13/2018 12/13/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $379,000 -- $225 / 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 $6,060 $553,121 $135,304 $417,817
2024 $5,961 $542,276 $132,651 $409,625
2023 $5,840 $531,644 $130,050 $401,594
2022 $5,748 $521,220 $127,500 $393,720
2021 $5,660 $511,000 $125,000 $386,000
2020 $4,457 $397,800 $102,000 $295,800
2019 $2,585 $221,881 $74,456 $147,425
2018 $2,505 $217,532 $72,997 $144,535
2017 $2,458 $213,267 $71,566 $141,701
2016 $2,419 $209,086 $70,163 $138,923
2014 $2,327 $200,000 $50,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20047339

MetroList

APN: 259-442-10