NOT LISTED FOR SALE

302 Pleasant St Grass Valley, CA 95945

6 Beds
6 Baths
4,040 Sq Ft
0.25 Acres

Last Sold July 14, 2020

Last sale price $750,000 $186 Per Sq Ft

537 Days on Market

About This Home

As of July 2020

Mint condition 4 plex. $70,000 worth of rehabilitation, including new decking, balcony repair, new plumbing, new rain gutters, new siding, new carpet, new vinyl, bathroom repairs, and new paint on the complete exterior*Roof replaced in 2003 & in good condition*All washers and dryers are five years old*Located within walking distance of downtown in nice neighborhood*Seldom a vacancy*Building is 4040 square feet, so all units are nice size*Two units are townhouses and two units are large one bedrooms*Gas fireplaces in two of the units*With a 5 percent rent increase per year over the next 5 years an investment of approximately $200,000 should double to $400,000, without including tax shelter benefits*Fantastic opportunity to own a pride of ownership property

Last Agent to Sell the Property

Allen Bertke

Bertke Consulting Services License #01064750 Listed on: 12/06/2018

Last Buyer's Agent

Rebecca Hutton

Wesely & Associates License #01867026

Wesely & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.25

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 08-361-04-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $2,359

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1976
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 800000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: Open,1+ Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Multi-Family
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 2359
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 08-361-04-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $750,000 -6.3% $186 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $800,000 +0.1% $198 / Sq Ft
05/12/2020 05/12/20 For Sale $799,000 +6.5% $198 / Sq Ft
03/16/2020 03/16/20 Off Market $750,000 -- --
03/03/2020 03/03/20 Price Changed $890,000 0.0% $220 / Sq Ft
03/03/2020 03/03/20 For Sale $890,000 +18.7% $220 / Sq Ft
11/04/2019 11/04/19 Off Market $750,000 -- --
08/07/2019 08/07/19 Price Changed $850,000 +2.5% $210 / Sq Ft
07/22/2019 07/22/19 Price Changed $829,000 +3.8% $205 / Sq Ft
06/05/2019 06/05/19 For Sale $799,000 +4.4% $198 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $765,000 -- $189 / 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 $8,676 $811,822 $162,364 $649,458
2024 $8,471 $795,905 $159,181 $636,724
2023 $8,471 $780,300 $156,060 $624,240
2022 $8,394 $765,000 $153,000 $612,000
2021 $8,124 $750,000 $150,000 $600,000
2020 $4,855 $432,970 $129,890 $303,080
2019 $4,657 $424,482 $127,344 $297,138
2018 $4,639 $416,160 $124,848 $291,312
2017 $4,459 $408,000 $122,400 $285,600
2016 $4,298 $400,000 $120,000 $280,000
2015 $4,467 $416,000 $182,000 $234,000
2014 $4,467 $389,000 $170,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18604230

MetroList

APN: 08-361-04