NOT LISTED FOR SALE
4 Beds
4 Baths
2,492 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: August 31, 2020

Last sale price $1,000,000 $401 Per Sq Ft

27 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • High Speed Internet

About This Home

As of August 2020

The two-story garden style property was built in 1962, and is comprised of eight one-bedroom/one-bathroom units at approximately 623 Sq. Ft each sitting on a .30-acre lot. The property has a pitched roof, stucco exterior, and has been well maintained by the current ownership with recent upgrades including fresh exterior paint, new fencing, dual pane windows, and upgraded interiors. Currently, five of the units are fully furnished and are being used as short-term rentals, as the demand for short-term rental housing has grown tremendously in the Grass Valley and Nevada City area. The mature trees and landscaping give the property a private garden setting with covered parking well off the street. Tenants also have the convenient access to an on-site laundry facility.

Last Agent to Sell the Property

Daniel Daboski

Titan Commercial License #01267882 Listed on: 07/09/2020

Last Buyer's Agent

John Renwick

RE/MAX Gold License #01711090

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.3

Parking

  • 1 Parking Space Included

Utilities

  • Window Unit Cooling System
  • High Speed Internet

Additional Features

  • 2-Story Property
  • 13,068 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 008-361-005-000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 8 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.3 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1962
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Wood,See Remarks,Other
  • Disclosures/Documents: None
  • Listing Price: 1200000.00
  • Roof: See Remarks

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Utilities: Internet Available
  • Cooling: Window Unit(s)
  • Heating: Varies by Unit

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Unknown/R-3
  • Lot Size Acres: 0.3000
  • Lot Size Sq Ft: 13068

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 8

Multi Family

  • Income Includes: Laundry,Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 8
  • Number of Month to Month Units: 8
  • Number of Units: 8
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 008-361-005-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 25, 2020
Sold by
Cds Properties Inc
Bought by
Seller's Agent
Daniel Daboski
Titan Commercial
Buyer's Agent
John Renwick
RE/MAX Gold
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2009
Sold by
Freeman Matthew and Freeman Rebecca
Bought by
Cds Properties Inc

Purchase Details

Closed on
May 2, 2005
Sold by
Bernstein Investment Co
Bought by
Freeman Matthew and Freeman Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,500
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 2002
Sold by
Bock Helga
Bought by
Bock Helga E and Bock Christina

Purchase Details

Closed on
Nov 3, 2000
Sold by
Ray Marian F
Bought by
Bock Helga
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Grass Valley, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 Fidelity Natl Ttl Co Of Ca
Cds Properties Inc $795,000 Fidelity Natl Title Co Of Ca
Freeman Matthew $729,500 Fidelity National Title Co
Bock Helga E -- --
Bernstein Investment Company -- --
Bock Helga $464,000 Placer Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed Appleyard & Associates Llc $459,000
Previous Owner Cds Properties Inc $900,000
Previous Owner Freeman Matthew $554,500
Previous Owner Bock Helga $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $1,000,000 -16.7% $401 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $1,200,000 -- $482 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,891 $1,104,078 $441,631 $662,447
2025 $11,643 $1,082,430 $432,972 $649,458
2024 $11,366 $1,061,207 $424,483 $636,724
2023 $11,366 $1,040,400 $416,160 $624,240
2022 $11,263 $1,020,000 $408,000 $612,000
2021 $11,054 $1,000,000 $400,000 $600,000
2020 $10,491 $938,326 $354,084 $584,242
2019 $10,063 $919,929 $347,142 $572,787
2018 $10,025 $901,892 $340,336 $561,556
2017 $9,633 $884,209 $333,663 $550,546
2016 $9,286 $866,872 $327,121 $539,751
2015 $9,160 $853,852 $322,208 $531,644
2014 $9,024 $837,127 $315,897 $521,230
Source: Public Records

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Map

Source: MetroList

MLS Number: 20039582

MetroList
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