NOT LISTED FOR SALE

415 Spring St Nevada City, CA 95959

Estimated Value: $510,000 - $786,000

5 Beds
4 Baths
2,700 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2016

Last sale price $315,000 $117 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,049 / mo

15 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 4-minute walk to Calanan Park
  • Seven Hills Intermediate School Rated A-

About This Home

As of January 2016

Three units and a studio apartment in the desirable downtown area of Historic Nevada City. Walk to all the shops, restaurants, Miners Foundry, Nevada City Winery. Tenants have all been there for years. This property has been placed in an upcoming Auction event. See attached information in document section.

Last Agent to Sell the Property

Theodore Chedwick

California Pacific Brokers License #00582085 Listed on: 12/15/2015

Last Buyer's Agent

Jay Egan

Coldwell Banker Grass Roots Realty License #00723753

Coldwell Banker Grass Roots Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 4,356

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Victorian Architecture
  • Metal Roof

Additional Features

  • 2-Story Property
  • 4,356 Sq Ft Lot
  • No Cooling

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 05-120-30-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 4 Leased Units
  • 2,900 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1880
  • Architectural Style: Victorian
  • Stories: 2
  • Special Features: 84
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Other Equipment: None
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: None
  • Listing Price: 350000.00
  • Roof: Metal

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: None
  • Heating: Natural Gas,Varies by Unit

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: HD-GB
  • Lot Size Acres: 0.1000
  • Lot Size Sq Ft: 4356

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2900
  • Number of Units: 3
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 05-120-30-000

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

Closed on
May 12, 2016
Sold by
Bought by
Current Estimated Value
$686,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$178,609
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$507,724

Purchase Details

Listed on
Dec 15, 2015
Closed on
Jan 11, 2016
Sold by
Bought by
Seller's Agent
Theodore Chedwick
California Pacific Brokers
Buyer's Agent
Jay Egan
Coldwell Banker Grass Roots Realty
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Dec 15, 2015
Closed on
Jan 7, 2016
Sold by
Bought by
Seller's Agent
Theodore Chedwick
California Pacific Brokers
Buyer's Agent
Jay Egan
Coldwell Banker Grass Roots Realty
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Purchase Details

Listed on
Dec 15, 2015
Closed on
Nov 16, 2015
Sold by
Bought by
Seller's Agent
Theodore Chedwick
California Pacific Brokers
Buyer's Agent
Jay Egan
Coldwell Banker Grass Roots Realty
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.61%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.61%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 19, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.57%
Mortgage Type
Commercial
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

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
-- Placer Title Co
-- Title365 Company Inc
$315,000 Title365 Company Inc
$284,624 None Available
-- Inter County Title
$515,000 Inter County Title
-- Placer Title Company
-- Placer Title Company
-- --
$24,090 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 $224,000
Previous Owner $376,000
Previous Owner $179,000
Previous Owner $172,000
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
01/15/2016 01/15/16 Sold $315,000 -10.0% $117 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/15/2015 12/15/15 For Sale $350,000 -- $130 / 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
2025 $4,105 $372,889 $147,972 $224,917
2024 $4,034 $365,578 $145,071 $220,507
2023 $4,034 $358,411 $142,227 $216,184
2022 $3,958 $351,385 $139,439 $211,946
2021 $3,826 $344,496 $136,705 $207,791
2020 $3,821 $340,965 $135,304 $205,661
2019 $3,749 $334,280 $132,651 $201,629
2018 $3,681 $327,726 $130,050 $197,676
2017 $3,616 $321,300 $127,500 $193,800
2016 $3,510 $315,000 $150,000 $165,000
2015 $6,408 $597,292 $324,742 $272,550
2014 $6,314 $585,593 $318,381 $267,212
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Theodore Chedwick

    California Pacific Brokers

    Section Image

  • J

    Buyer's Agent in 2016

    Jay Egan

    Coldwell Banker Grass Roots Realty

    Section Image
  • Darlene Dee Mariani

    Buyer Co-Listing Agent in 2016

    Darlene Dee Mariani

    Coldwell Banker Grass Roots Realty

    (530) 273-7293

    35 Total Sales

    Darlene Dee Mariani
    Section Image
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Map

Source: MetroList

MLS Number: 15077659

MetroList

APN: 005-120-030-000

California Nevada County Nevada City 95959

415 Spring St, Nevada City, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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