NOT LISTED FOR SALE

1665 Sycamore St Gridley, CA 95948

Estimated Value: $261,000 - $317,000

6 Beds
2 Baths
2,360 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $95,000 $40 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,742/month

4 Days on Market

Highlights

  • Evaporated cooling system
  • Gridley High School Rated A-
  • Wall Furnace

About This Home

As of February 2015

Great income property! This house is divided into 2 units. There are 2 bedrooms, 1 bathroom upstairs and 4 bedrooms, 1.5 bathrooms downstairs.
County records lists house as 4 bedroom 2 bathroom, buyer to verify. Total rent for both units is currently $1400. Each unit has a detached storage shed. Both units currently have tenants, upstairs lease expires 06/04/15 and downstairs lease expires 03/23/2015. Tenant needs 24 hour notice before showing. Call Peebles Property Management to set up appointment. House does not qualify for First Time Home Buyer loan, but is great for investors.

Last Agent to Sell the Property

Cindy Peebles

eXp Realty of California Inc License #01178181 Listed on: 01/19/2015

eXp Realty of California Inc

Co-Listed By

Trisha Atehortua

eXp Realty of California Inc License #01894015

Last Buyer's Agent

Adam Pearce

Adam Pearce, Broker License #01890178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,360 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 010012002000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • New Taxes Expense $1,927
  • Gross Income $1,400
  • Net Operating Income $14,217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,408

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 010012002000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 40.25

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 1400.00
  • Gross Scheduled Income: 16800.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 14217.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2583.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1927.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Martinez Jose R and Martinez Janis
Bought by
Titony Jose Rodrigo Martinez and Martinez Janis A
Total Days on Market
4
Current Estimated Value
$290,573

Purchase Details

Closed on
Apr 11, 2019
Sold by
Martinez Jose R
Bought by
Martinez Jose R and Martinez Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$161,629
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$128,944

Purchase Details

Closed on
Aug 28, 2017
Sold by
Martinez Janis
Bought by
Martinez Jose R

Purchase Details

Listed on
Jan 19, 2015
Closed on
Feb 11, 2015
Sold by
Chait Paul N
Bought by
Martinez Jose R and Pearce Adam
Seller's Agent
Cindy Peebles
eXp Realty of California Inc
Buyer's Agent
Adam Pearce
Adam Pearce, Broker
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Listed on
Jan 19, 2015
Closed on
Feb 9, 2015
Sold by
Martinez Janis
Bought by
Martinez Jose R and Pearce Adam
Seller's Agent
Cindy Peebles
eXp Realty of California Inc
Buyer's Agent
Adam Pearce
Adam Pearce, Broker
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%

Purchase Details

Closed on
Dec 22, 2004
Sold by
Hollingsworth Owen Spencer
Bought by
Chait Paul N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,750
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2000
Sold by
Hollingsworth Owen
Bought by
Hollingsworth Owen Spencer and Hollingsworth Eileen Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,700
Interest Rate
8.01%

Purchase Details

Closed on
Apr 17, 2000
Sold by
Sparks Mark Williams
Bought by
Hollingsworth Owen Spencer and Hollingsworth Eileen Mae

Purchase Details

Closed on
Mar 11, 1998
Sold by
Hollingsworth Owen Spencer
Bought by
Sparks Mark Williams and Sparks Stephanie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
9.25%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Hollingsworth Owen Spencer
Bought by
Hollingsworth Owen Spencer and Hollingsworth Eileen Mae
Source: Public Records

Range of Values:

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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
Titony Jose Rodrigo Martinez -- None Available
Martinez Jose R -- Timios Title
Martinez Jose R -- Mid Valley Title & Escrow Co
Martinez Jose R $49,500 Mid Valley Title & Escrow Co
Martinez Jose R $95,000 Bidwell Title & Escrow Co
Martinez Jose R -- Bidwell Title & Escrow Co
Chait Paul N -- Mid Valley Title & Escrow Co
Hollingsworth Owen Spencer -- Bidwell Title & Escrow Compa
Hollingsworth Owen -- Bidwell Title & Escrow Compa
Hollingsworth Owen Spencer $30,575 --
Sparks Mark Williams $82,000 Bidwell Title & Escrow Compa
Hollingsworth Owen Spencer -- Bidwell Title & Escrow Compa
Hollingsworth Owen Spencer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jose R $182,000
Previous Owner Chait Paul N $100,750
Previous Owner Hollingsworth Owen Spencer $70,700
Previous Owner Hollingsworth Owen $70,700
Previous Owner Sparks Mark Williams $61,500
Closed Sparks Mark Williams $20,500
Closed Chait Paul N $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2015 02/23/15 Sold $95,000 -13.6% $40 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $110,000 -- $47 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,408 $120,104 $48,505 $71,599
2023 $1,401 $117,750 $47,554 $70,196
2022 $1,316 $115,442 $46,622 $68,820
2021 $1,285 $113,179 $45,708 $67,471
2020 $1,282 $112,020 $45,240 $66,780
2019 $1,259 $109,824 $44,353 $65,471
2018 $1,257 $107,672 $43,484 $64,188
2017 $1,159 $98,376 $36,243 $62,133
2016 $1,116 $96,448 $35,533 $60,915
2015 $1,204 $95,000 $35,000 $60,000
2014 $1,927 $165,000 $35,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR15012234

California Regional Multiple Listing Service (CRMLS)

APN: 010-012-002-000