NOT LISTED FOR SALE

1445 Magnolia St Gridley, CA 95948

4 Beds
2 Baths
1,954 Sq Ft
6,534 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $460,000 $235 Per Sq Ft

191 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • The community has rules related to allowing live work
  • Gridley High School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of March 2024

Tenant occupied investment property and great rental history. Completed rebuilt in 2017 from the studs. Open floor concept, granite counters with upgraded cabinets, stainless steel appliances, indoor laundry and pantry area. All units have HVAC and 1 car garage with private backyards. Photos taken prior to occupancy.

Last Agent to Sell the Property

Carmelita Medina-Silva

Keller Williams Realty-Yuba Sutter License #01736998 Listed on: 08/16/2023

Keller Williams Realty-Yuba Sutter

Last Buyer's Agent

Luz Howe

Howe Haven Real Estate License #01460242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 2017

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,954 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010-034-003-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to allowing live work

Building Details

  • 2 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,526

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Live/Work
  • Property Subtype 1: Other
  • Year Built: 2017
  • Architectural Style: Ranch, Contemporary
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Price Per Square Foot: 235.41
  • Square Footage: 1954.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco
  • Disclosures/Documents: None
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 469000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, City
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Gridley Unified

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Existing Lease Type: Other
  • Number of Leased Units: 2
  • Number of Units: 2
  • Two Bedroom Annual Occupancy: 100
  • Number Of2 Bedrooms Occupied: 2
  • Total Number Owner Occupied: 2

Tax Info

  • Assessor Parcel Number: 010-034-003-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Butte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Mar 21, 2024
Sold by
Dhami Sandeep S
Bought by
Ramirez Emilio
Seller's Agent
Carmelita Medina-Silva
Keller Williams Realty-Yuba Sutter
Buyer's Agent
Luz Howe
Howe Haven Real Estate
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%
Total Days on Market
191
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$266,624
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2017
Sold by
Dhami Rajwinder K
Bought by
Dhami Sandeep S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2015
Sold by
Brantley Rockey
Bought by
Norcal Investors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1998
Sold by
Larose Mickey Kay
Bought by
Brantley Rockey and Maxine Brantley O
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramirez Emilio $460,000 First American Title
Dhami Sandeep S -- Old Republic Title Co
Dhami Sandeep S $180,000 Mid Valley Title
Norcal Investors $52,000 Mid Valley Title & Escrow Co
Brantley Rockey $86,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Emilio $270,000
Previous Owner Dhami Sandeep S $180,000
Previous Owner Norcal Investors Inc $746,600
Previous Owner Norcal Investors $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $460,000 -1.9% $235 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
09/20/2023 09/20/23 Price Changed $469,000 -4.3% $240 / Sq Ft
08/16/2023 08/16/23 For Sale $489,900 -- $251 / 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
2024 $2,526 $223,100 $66,929 $156,171
2023 $2,513 $218,726 $65,617 $153,109
2022 $2,358 $214,438 $64,331 $150,107
2021 $2,303 $210,234 $63,070 $147,164
2020 $2,300 $208,080 $62,424 $145,656
2019 $2,239 $204,000 $61,200 $142,800
2018 $2,220 $200,000 $60,000 $140,000
2017 $1,579 $139,040 $35,700 $103,340
2016 $648 $52,000 $35,000 $17,000
2015 $895 $112,814 $28,689 $84,125
2014 $1,358 $110,606 $28,128 $82,478
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223078606

MetroList

APN: 010-034-003-000