$337,000
SOLD MAR 12, 2018

1749 Magnolia St Gridley, CA 95948

8 Beds
4 Baths
2,800 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Multiple cooling system units
  • Gridley High School Rated A-
  • Covered Deck
  • Carpet

About This Home

As of June 2023

Fourplex in Gridley with great occupancy history. Each unit has 2 bedrooms & 1 bath with wall heat and air. Small laundry room on site and off street parking. All showings require a minimum of 24 hour notice - No Exception. Please call Tami 870-2437 or Samantha 870-2434 to schedule.

Last Agent to Sell the Property

Tami Murray

Valley Fair Realty Corporation License #01252764 Listed on: 02/07/2018

Co-Listed By

Samantha Murray

Valley Fair Realty Corporation License #01883994

Last Buyer's Agent

Kevin Kujawa

eXp Realty of California Inc. License #01393849

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1964

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Carpet
  • Free-Standing Electric Range

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • 6 Open Parking Spaces

Utilities

  • Multiple cooling system units
  • Wall Furnace
  • Heating System Uses Natural Gas

Additional Features

  • Covered Deck
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 010-021-010-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month
  • Operating Expense $10,709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1964
  • Architectural Style: Contemporary
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Free Standing Electric Range
  • Flooring: Linoleum/Vinyl, Carpet
  • Price Per Square Foot: 120.36
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Wood, Stucco
  • Disclosures/Documents: Rental/Lease Agmts, CC&Rs
  • Foundation: Slab
  • Listing Price: 350000.00
  • Patio And Porch Features: Covered Deck
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Open, Street, 1 Space Per Unit

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: Public Sewer
  • Cooling: MultiUnits
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: Washer/Dryer Leased
  • Utilities Expenses: 3500

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Gas, Electricity
  • Total # Leasable: 4

Multi Family

  • Gross Income: 32195
  • Operating Expense: 10709
  • Income Includes: Coin Operated Equipment
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-021-010-000
  • Current RE Taxes: 2623
  • Bonds/Assessments/Taxes Description: Local Assessments
  • 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%
Views
72
Current Estimated Value
$570,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,314
Avg. Annual Appreciation
0.80%
Original Mortgage
$379,400
Outstanding Balance
$370,126
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$181,213

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:

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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 Type Sale Price Title Company
Deed -- Fidelity National Title Compan
Grant Deed $542,000 Fidelity National Title Compan
Grant Deed $337,000 Mid Valley Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Grant Deed $260,000 Multiple
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,400 New Conventional
Previous Owner $179,000 New Conventional
Previous Owner $165,000 Unknown
Previous Owner $208,000 Purchase Money Mortgage
Previous Owner $51,100 Unknown
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
2025 $6,143 $563,735 $93,636 $470,099
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

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Map

Source: MetroList

MLS Number: 201800346

MetroList

APN: 010-021-010-000