NOT LISTED FOR SALE

316 1st St Grass Valley, CA 95945

Estimated Value: $492,000 - $535,244

4 Beds
3 Baths
1,895 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 04, 2024

Last sale price $542,000 $286 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,967/month

173 Days on Market

Highlights

  • Solar Power System
  • Deck
  • Double Pane Windows
  • City View
  • No HOA
  • Laundry closet

About This Home

As of November 2024

Great investment opportunity just a couple blocks to historic downtown Grass Valley. This updated triplex offers three separate entrances and ample off-street parking for the tenants. Building consists of a 2BR, 1Bath unit upstairs with private deck and (2) 1 BR units downstairs with large fenced yard. Well-maintained building includes solar for lower electric cost and low maintenance grounds. Close to shopping, schools & bus line.

Last Agent to Sell the Property

Lynn Stanley

Century 21 Cornerstone Realty License #00862565 Listed on: 04/22/2024

Century 21 Cornerstone Realty

Last Buyer's Agent

Lynn Stanley

Century 21 Cornerstone Realty License #00862565 Listed on: 04/22/2024

Century 21 Cornerstone Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 10,454 Sq Ft Lot
  • Irregular Lot

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,895 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • City Views
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Deck

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 083-260-700-0

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month
  • Net Lease
  • Insurance Expense $1,550
  • Maintenance Expense $636
  • Professional Management Expense $3,709

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1982
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 286.02
  • Square Footage: 1895.00
  • Window Features: Dual Pane Full
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Foundation: Concrete Perimeter
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 549000.00
  • Lot Features: Shape Irregular
  • New Construction: No
  • Patio And Porch Features: Uncovered Deck
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level
  • View Description: City

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, Solar, Electric
  • Cooling: Evaporative Cooler
  • Electric: Photovoltaics Seller Owned
  • Heating: Wall Furnace, Natural Gas
  • Laundry Features: Varies by Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning: R-1
  • Irrigation: None
  • Lot Size Acres: 0.2400
  • Lot Size Sq Ft: 10454.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 1550
  • Maintenance Expense: 636
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 083-260-700-0
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Oct 24, 2024
Sold by
Travis Wood Trust and Wood Travis
Bought by
May Marina D
Seller's Agent
Lynn Stanley
Century 21 Cornerstone Realty
Buyer's Agent
Lynn Stanley
Century 21 Cornerstone Realty
List Price
$589,000
Sold Price
$542,000
Premium/Discount to List
-$47,000
-7.98%
Views
62
Current Estimated Value
$544,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,833
Avg. Annual Appreciation
-4.42%
Original Mortgage
$406,500
Outstanding Balance
$402,012
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$112,049

Purchase Details

Closed on
Dec 29, 2022
Sold by
Travis William Wood Family Trust
Bought by
Travis Wood Trust

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 18, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Wood Travis Williams and The Travis William Wood Family
Seller's Agent
David Osborne
RealHome Services and Solutions Inc
Buyer's Agent
Lynn Stanley
Century 21 Cornerstone Realty
List Price
$115,000
Sold Price
$102,699
Premium/Discount to List
-$12,301
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Aug 1, 2012
Sold by
Sill Debbie A and Sill Aaron
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 7, 2006
Sold by
Haagenson Anna B
Bought by
Sill Aaron and Sill Debbie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2000
Sold by
Haagenson Steven J
Bought by
Haagenson Anna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
8.34%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Mitchell James A
Bought by
Haagenson Anna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
8.34%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
May Marina D $542,000 First American Title
Travis Wood Trust -- --
Wood Travis Williams $103,000 Placer Title Company
Hsbc Bank Usa National Association $160,000 Accommodation
Sill Aaron $340,000 Fidelity Natl Title Co Of Ca
Haagenson Anna B -- Inter County Title Co
Haagenson Anna B $115,500 Inter County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Marina D $406,500
Previous Owner Sill Aaron $306,000
Previous Owner Haagenson Anna B $78,400
Closed Haagenson Anna B $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $542,000 -1.3% $286 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
06/09/2024 06/09/24 Price Changed $549,000 -6.8% $290 / Sq Ft
04/22/2024 04/22/24 For Sale $589,000 +473.5% $311 / Sq Ft
11/29/2012 11/29/12 Sold $102,699 -10.7% -- View Prior Sale
10/05/2012 10/05/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $115,000 -- --
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 $1,450 $542,000 $242,000 $300,000
2024 $1,417 $123,973 $55,528 $68,445
2023 $1,417 $121,543 $54,440 $67,103
2022 $1,404 $119,161 $53,373 $65,788
2021 $1,346 $116,826 $52,327 $64,499
2020 $1,345 $115,629 $51,791 $63,838
2019 $1,292 $113,363 $50,776 $62,587
2018 $1,287 $111,141 $49,781 $61,360
2017 $1,238 $108,962 $48,805 $60,157
2016 $1,195 $106,827 $47,849 $58,978
2015 $1,179 $105,224 $47,131 $58,093
2014 -- $103,164 $46,208 $56,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224040755

MetroList

APN: 008-326-007-000