NOT LISTED FOR SALE

2478 Ridge Rd Grass Valley, CA 95945

Estimated Value: $462,000 - $720,000

6 Beds
3 Baths
3,000 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $545,000 $182 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,454/month

29 Days on Market

Highlights

  • Boat Dock
  • 1.33 Acre Lot
  • No HOA
  • RV Access or Parking
  • Great Room
  • Bathtub with Shower

About This Home

As of September 2023

Three legal homes on 1 acre in desirable location in Grass Valley near Nevada Union high school. All units are occupied with long term tenants. Per the county the parcel is subdividable to 5 parcels OR do a lot split and add 3 homes to the remaining parcel. Great investment opportunity and PLENTY of UPSIDE potential. Plenty of level land for parking or toys. Seller may carry long term with large down

Last Agent to Sell the Property

Edith Heaney-Miller

Sierra Homes Realty License #01835167 Listed on: 02/07/2023

Last Buyer's Agent

Edith Heaney-Miller

Sierra Homes Realty License #01835167 Listed on: 02/07/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1892

Lot Details

  • 1.33 Acre Lot
  • Zoning described as Multi unit

Home Design

  • Cabin
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Great Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 24 Open Parking Spaces
  • Unpaved Parking
  • RV Access or Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic System
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 008-050-003-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1892
  • Architectural Style: Cabin
  • Levels: One
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 3
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Other
  • Kitchen Features: Kitchen/Family Combo,Laminate Counter
  • Living Room Features: Great Room
  • Main Level: Bedroom(s),Living Room,Dining Room,Full Bath(s),Kitchen,Street Entrance
  • Price Per Square Foot: 181.67
  • Square Footage: 3000.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 625000.00
  • Lot Features: Low Maintenance
  • Pool: No
  • Roof: Composition
  • Spa: No
  • View Description: Other
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 24.00
  • Parking Features: Boat Dock, RV Access, RV Possible, RV Storage, Uncovered Parking Spaces 2+, Other
  • Driveway/Sidewalks: Unpaved

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer in Street, Septic Connected
  • Utilities: Cable Available, Public, DSL Available, Internet Available, Natural Gas Connected
  • Cooling: Window Unit(s)
  • Electric: See Remarks
  • Heating: Natural Gas
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Multi unit
  • Irrigation: Public District
  • Lot Size Acres: 1.3300
  • Lot Size Sq Ft: 57935.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Current Rent: 3000

Multi Family

  • Number of Units: 3
  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Guest house
  • Unit 2 Occupied: Yes
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 008-050-003-000
  • County Transfer Tax Rate: 1.15
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Sep 7, 2023
Sold by
Kim C Shaffer Revocable Trust
Bought by
Ridge Road Gv Llc
Seller's Agent
Edith Heaney-Miller
Sierra Homes Realty
Buyer's Agent
Edith Heaney-Miller
Sierra Homes Realty
List Price
$625,000
Sold Price
$545,000
Premium/Discount to List
-$80,000
-12.8%
Views
99
Current Estimated Value
$568,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,283
Avg. Annual Appreciation
1.77%
Original Mortgage
$475,000
Outstanding Balance
$462,772
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$105,511

Purchase Details

Closed on
Jun 26, 2002
Sold by
Shaffer Kim C
Bought by
Shaffer Kim C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ridge Road Gv Llc $545,000 First American Title
Shaffer Kim C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridge Road Gv Llc $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $545,000 0.0% $182 / Sq Ft
09/01/2023 09/01/23 Off Market $545,000 -- --
03/08/2023 03/08/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $625,000 -- $208 / Sq Ft
Source: MetroList

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 $5,960 $555,900 $153,000 $402,900
2024 $1,949 $545,000 $150,000 $395,000
2023 $1,949 $169,232 $69,677 $99,555
2022 $1,932 $165,914 $68,311 $97,603
2021 $1,854 $162,662 $66,972 $95,690
2020 $1,853 $160,995 $66,286 $94,709
2019 $1,779 $157,839 $64,987 $92,852
2018 $0 $154,745 $63,713 $91,032
2017 $1,705 $151,712 $62,464 $89,248
2016 $1,730 $148,739 $61,240 $87,499
2015 $1,708 $146,506 $60,321 $86,185
2014 $1,685 $143,637 $59,140 $84,497
Source: Public Records

Agents Affiliated with this Home

  • Edith Heaney-Miller

    Seller's Agent in 2023

    Edith Heaney-Miller

    Sierra Homes Realty

    (530) 913-0150

    41 in this area

    156 Total Sales

    Edith Heaney-Miller
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Map

Source: MetroList

MLS Number: 223005538

MetroList

APN: 008-050-003-000

California Nevada County Grass Valley 95945

2478 Ridge Rd, Grass Valley, CA

Not Listed for Sale

Detached

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