NOT LISTED FOR SALE

1749 Magnolia St Gridley, CA 95948

Estimated Value: $491,000 - $709,000

8 Beds
4 Baths
2,100 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $542,000 $258 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,734/month

25 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Level Lot
  • Gridley High School Rated A-
  • Laundry Facilities
  • Carpet

About This Home

As of June 2023

Wonderful investment opportunity in great location. Fully occupied 4 plex, lower units feature fully fenced yard while upper units enjoy private rear deck. 100% occupied. Recent improvement to units include full refurbishment to unit 2, rear fence added, flooring, cabinets and fixtures on multiple units recently upgraded, all units are metered individually, ample parking is available. Close to highway 99 with access to shops, dining, transportation and schools. Don't miss this opportunity!

Last Agent to Sell the Property

Kevin Kujawa

eXp Realty of California Inc. License #01393849 Listed on: 04/23/2023

eXp Realty of California Inc.

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,143

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Open Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010021010000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Laundry Facilities
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,143

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1964
  • Architectural Style: Contemporary
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Linoleum
  • Price Per Square Foot: 193.57

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Listing Price: 565000.00
  • Lot Features: Shape Regular
  • Topography: Level

Garage/Parking

  • Parking Features: Open, Street, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Sewer Connected, Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electric
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Gridley Unified

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only,Laundry
  • Number of Leased Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 010021010000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Butte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 7, 2023
Sold by
Sandhu Rajdeep K
Bought by
Singh Andeep
Seller's Agent
Kevin Kujawa
eXp Realty of California Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$565,000
Sold Price
$542,000
Premium/Discount to List
-$23,000
-4.07%
Total Days on Market
25
Views
72
Current Estimated Value
$576,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,087
Avg. Annual Appreciation
3.11%
Original Mortgage
$379,400
Outstanding Balance
$371,305
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$204,782

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 9, 2018
Sold by
Hofman Nichole T
Bought by
Crane David A and Crane Lynn M
Seller's Agent
Tami Murray
Valley Fair Realty Corporation
Buyer's Agent
Kevin Kujawa
eXp Realty of California Inc.
List Price
$350,000
Sold Price
$337,000
Premium/Discount to List
-$13,000
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Apr 1, 2016
Sold by
Hofman Nichole T
Bought by
Hofman Nichole T and Nichole Hofman Revocable Trust

Purchase Details

Closed on
Jan 8, 2016
Sold by
Hofman Nichole T
Bought by
Hofman Nichole T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Biermann Barry D and Biermann Delores C
Bought by
Hofman John A and Hofman Nichole T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 1999
Sold by
Biermann Barry D and Biermann Delores C
Bought by
Biermann Barry D and Biermann Delores C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
7.56%
Mortgage Type
Unknown
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
Singh Andeep -- Fidelity National Title Compan
Singh Andeep $542,000 Fidelity National Title Compan
Crane David A $337,000 Mid Valley Title
Hofman Nichole T -- None Available
Hofman Nichole T -- Mid Valley Title & Escrow Co
Hofman John A $260,000 Multiple
Biermann Barry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Andeep $379,400
Previous Owner Hofman Nichole T $179,000
Previous Owner Hofman John $165,000
Previous Owner Hofman John A $208,000
Previous Owner Wilson James L $51,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $542,000 -4.1% $258 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $565,000 +67.7% $269 / Sq Ft
03/12/2018 03/12/18 Sold $337,000 -3.7% $120 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $350,000 -- $125 / 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 $6,143 $548,760 $91,800 $456,960
2023 $4,212 $368,181 $82,022 $286,159
2022 $3,953 $361,041 $80,414 $280,627
2021 $3,864 $354,041 $78,838 $275,203
2020 $3,859 $350,453 $78,030 $272,423
2019 $3,734 $343,660 $76,500 $267,160
2018 $3,528 $318,055 $91,873 $226,182
2017 $2,623 $232,000 $45,000 $187,000
2016 $2,571 $232,000 $45,000 $187,000
2015 $2,569 $212,000 $40,000 $172,000
2014 $2,452 $200,000 $30,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223034349

MetroList

APN: 010-021-010-000