NOT LISTED FOR SALE

Estimated Value: $696,000 - $747,000

6 Beds
5 Baths
2,900 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2018

Last sale price $541,000 $187 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,393 / mo

5 Days on Market

About This Home

As of February 2018

The jewel of income property in Grass Valley! This fourplex is in a quiet desirable neighborhood, within an easy walk to the center for the performing arts and downtown attractions. A charming, late 19th century, Victorian home with 3 large apartments and a separate newer 4th apartment. Garage and carports for all units, laundry facility and 2 lawns on this large plot of land. All units are well maintained and currently occupied by great tenants paying market rents. Great ROI & income source.

Last Agent to Sell the Property

Robert Hawck

Neighbors Home Realty & Mortgage License #02008983 Listed on: 01/19/2018

Last Buyer's Agent

Bret Macleod

MACLEOD SIERRA REALTY License #1422536

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1881

Lot Details

  • 0.46

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Victorian Architecture
  • Composition Roof

Additional Features

  • 2-Story Property
  • 20,038 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $5,400
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 08-260-51-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $1,000
  • Operating Expense $14,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,285

Year Built

Built in 1881

Lot Details

0.46 Acres

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1881
  • Architectural Style: Victorian
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Cook Top,Ice Maker,Microwave,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Low E Glass Partial,Window Coverings

Exterior Features

  • Construction Materials: Brick,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Use Permit
  • Listing Price: 539000.00
  • Patio And Porch Features: Covered Deck,Uncovered Deck,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 3
  • Garage Spaces: 1
  • Parking Features: Carport,Garage,Guest Parking Available,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Fire Suppression System,Smoke Detector
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),None,See Remarks
  • Heating: Central,Wall Furnace,Varies by Unit
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Decking,Extra Storage,Patios/Balcony,Public Trans Nearby,RV/Boat Storage,Separate Laundry Facility,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.4600
  • Lot Size Sq Ft: 20038

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 5400
  • Total # Leasable: 4

Multi Family

  • Operating Expense: 14285
  • Income Includes: Coin Operated Equipment,Laundry,Rent Only
  • Insurance Expense: 1000
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Gross Income Multiplier: 11.300

Tax Info

  • Assessor Parcel Number: 08-260-51-000
  • Current RE Taxes: 4285

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
Jan 19, 2018
Closed on
Feb 16, 2018
Sold by
Edwards Anthony
Bought by
Seller's Agent
Robert Hawck
Neighbors Home Realty & Mortgage
Buyer's Agent
Bret Macleod
MACLEOD SIERRA REALTY
List Price
$539,000
Sold Price
$541,000
Premium/Discount to List
$2,000
0.37%
Current Estimated Value
$693,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,821
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Nov 5, 2013
Sold by
Keske Sherri Lynn and Keske Delbert
Bought by
Edwards Anthony
Seller's Agent
Barbara Slavonic
Landmark Properties
Buyer's Agent
Deborah Gordon
`
List Price
$399,500
Sold Price
$379,500
Premium/Discount to List
-$20,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$284,625
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Stone Delbert E and Stone Vivian I
Bought by
Stone Delbert E and Stone Vivian I
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
$541,000 Placer Title Co
Edwards Anthony $379,500 Placer Title Company
Stone Delbert E -- --
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
Previous Owner $284,625
Previous Owner Stone Delbert E $65,000
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 Prior Sale
02/23/2018 02/23/18 Sold $541,000 +0.4% $187 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $539,000 +42.0% $186 / Sq Ft
11/08/2013 11/08/13 Sold $379,500 -5.0% $118 / Sq Ft View Prior Sale
09/23/2013 09/23/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $399,500 -- $124 / 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 $6,782 $627,870 $174,084 $453,786
2025 $6,642 $615,560 $170,671 $444,889
2024 $6,486 $603,491 $167,325 $436,166
2023 $6,486 $591,659 $164,045 $427,614
2022 $6,428 $580,059 $160,829 $419,230
2021 $6,239 $568,686 $157,676 $411,010
2020 $6,235 $562,856 $156,060 $406,796
2019 $5,979 $551,820 $153,000 $398,820
2018 $4,540 $408,859 $107,736 $301,123
2017 $4,363 $400,843 $105,624 $295,219
2016 $4,206 $392,984 $103,553 $289,431
2015 $4,149 $387,082 $101,998 $285,084
2014 -- $379,500 $100,000 $279,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18003489

MetroList

APN: 008-260-051-000

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