NOT LISTED FOR SALE

304 Bennett St Grass Valley, CA 95945

5 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold August 22, 2018

Last sale price $372,500

31 Days on Market

Highlights

  • No HOA
  • Covered Deck
  • High Speed Internet
  • Double Pane Windows
  • Laundry Facilities
  • 3-minute walk to Dow Alexander Park

About This Home

As of August 2018

Very nice Triplex in Downtown Grass Valley. Plenty of off street parking. Good mix of one 1 bedroom and two 2 bedroom units. Additional storage for tenants. Long term tenancy history with no vacancy. On site laundry room provides the tenant with additional convenience. Great location near shopping, schools and public transportation. Current annual rents $33,600 plus laundry income. Upside potential still available for market rents. Good quality investment. Great new price! 5.9% CAP rate.

Last Agent to Sell the Property

Randall Casto

Core Real Estate Brokerage License #01221138 Listed on: 06/22/2018

Last Buyer's Agent

Ken Burgan

Coldwell Banker Grass Roots Realty License #00812777

Coldwell Banker Grass Roots Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,841

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • Covered Deck
  • 7,841 Sq Ft Lot
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 08-422-01-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Units Leased Month-To-Month
  • Operating Expense $10,857
  • Net Operating Income $23,343

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1880
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Varies by Unit,Linoleum/Vinyl
  • Price Per Square Foot: 183.23
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Foundation: Raised,Slab
  • Listing Price: 400000.00
  • Patio And Porch Features: Covered Deck
  • Roof: Composition
  • View Description: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Internet Available
  • Cooling: Central,Varies by Unit
  • Heating: Central,Natural Gas
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage,Patios/Balcony,Public Trans Nearby,Separate Laundry Facility
  • Association: No

Lot Info

  • Zoning Description: Multi-Family
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Operating Expense: 10857
  • Income Includes: Coin Operated Equipment,Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 08-422-01-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Range of Values:

--
Value Increase
--
Percent Increase
--
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
08/22/2018 08/22/18 Sold $372,500 -17.2% --
07/23/2018 07/23/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $450,000 -- --
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 $4,484 $415,526 $69,718 $345,808
2024 $4,378 $407,379 $68,351 $339,028
2023 $4,378 $399,392 $67,011 $332,381
2022 $4,338 $391,562 $65,698 $325,864
2021 $4,217 $383,885 $64,410 $319,475
2020 $4,214 $379,950 $63,750 $316,200
2019 $4,041 $372,500 $62,500 $310,000
2018 $0 $271,947 $42,932 $229,015
2017 $2,907 $266,616 $42,091 $224,525
2016 $2,972 $261,389 $41,266 $220,123
2015 $2,764 $257,464 $40,647 $216,817
2014 -- $252,421 $39,851 $212,570
Source: Public Records

Agents Affiliated with this Home

  • Randall Casto

    Seller's Agent in 2018

    Randall Casto

    Core Real Estate Brokerage

    (530) 362-0518

    6 in this area

    26 Total Sales

    Randall Casto
    Section Image
  • Ken Burgan

    Buyer's Agent in 2018

    Ken Burgan

    Coldwell Banker Grass Roots Realty

    (530) 273-7602

    7 in this area

    18 Total Sales

    Ken Burgan
    Section Image
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Map

Source: MetroList

MLS Number: 18602690

MetroList

APN: 008-422-001-000

California Nevada County Grass Valley 95945

304 Bennett St, Grass Valley, CA

Not Listed for Sale

MultiFamily

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