NOT LISTED FOR SALE

474 Bennett St Grass Valley, CA 95945

Estimated Value: $105,000 - $413,000

3.44 Acres
$75,291 Price per Acre
149,846 Sq Ft Lot

Last Sold June 10, 2019

Last sale price $565,000

Current estimated payment $1,780/month

99 Days on Market

About This Lot

As of June 2019

A rare infill parcel with a cute single family home currently rented on a month-to-month basis. The property was fully approved in 2007 for 24 zero-lot-line single family homes. Grass Valley is in dire need of affordable market rate housing. With massive demand and rapidly accelerating home prices, this development opportunity represents a very attractive and financially viable project. Having received City Council approval in '07, much of the development work and required studies have been completed and entitlement risk minimized. The site enjoys an attractive in-town location lying within walking distance to cafes, stores and other services, plus $800/mo income from the existing house rental. Current cash flow plus tremendous upside potential make this a very attractive property for an investor, homeowner, developer or entrepreneur.

Last Agent to Sell the Property

Lock Richards

Highland Commercial, Inc. License #00871769 Listed on: 12/11/2018

Last Buyer's Agent

Lock Richards

Highland Commercial, Inc. License #00871769 Listed on: 12/11/2018

Property Details

Property Type

  • Land

Lot Details

  • 3.44 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0927001000

Property Details

Property Type

Land

Lot Details

3.44 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Listing Price: 575000.00

Utilities

  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Lot Info

  • Irrigation: See Remarks
  • Lot Size Acres: 3.4400
  • Lot Size Sq Ft: 149846

Tax Info

  • Assessor Parcel Number: 0927001000

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
B & M Realty Llc
Bought by
The Pines Of Grass Valley Llc
Current Estimated Value
$259,000

Purchase Details

Listed on
Dec 11, 2018
Closed on
May 28, 2019
Sold by
D & K Investments Llc
Bought by
B & M Realty Llc
Seller's Agent
Lock Richards
Highland Commercial, Inc.
Buyer's Agent
Lock Richards
Highland Commercial, Inc.
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.85%
Original Mortgage
$465,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2014
Sold by
Bennett Street Development Llc
Bought by
D & K Investments Llc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Ferguson David Alan and Ferguson Kerri Leann
Bought by
Bennett Street Development Llc

Purchase Details

Closed on
Jun 3, 2001
Sold by
Dalrymple Jasmine M and Macphaeddon Dennis
Bought by
Ferguson David Alan and Ferguson Kerri Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 1997
Sold by
General Castings Inc
Bought by
Wieck Harry L and Western States Trustee Services
Source: Public Records

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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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
The Pines Of Grass Valley Llc -- None Available
B & M Realty Llc $565,000 Placer Title Company
D & K Investments Llc -- None Available
Bennett Street Development Llc -- None Available
Ferguson David Alan $500,000 Placer Title Company
Dalrymple Jasmine M -- Placer Title Company
Wieck Harry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner B & M Realty Llc $465,000
Previous Owner Ferguson David Alan $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2019 06/10/19 Sold $565,000 0.0% --
06/10/2019 06/10/19 Sold $565,000 -1.7% -- View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
03/20/2019 03/20/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $575,000 0.0% --
07/19/2018 07/19/18 For Sale $575,000 -- --
Source: MetroList

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 $5,003 $477,440 $477,440 --
2024 $4,865 $468,079 $468,079 --
2023 $4,865 $458,901 $458,901 $0
2022 $4,822 $449,903 $449,903 $0
2021 $4,715 $441,082 $441,082 $0
2020 $4,713 $436,560 $436,560 $0
2019 $3,207 $303,923 $303,923 $0
2018 $3,195 $297,964 $297,964 $0
2017 $3,067 $292,122 $292,122 $0
2016 $2,953 $286,395 $286,395 $0
2015 $2,912 $282,094 $282,094 $0
2014 $2,912 $276,569 $276,569 $0
Source: Public Records

Agents Affiliated with this Home

  • Lock Richards

    Seller's Agent in 2019

    Lock Richards

    Highland Commercial, Inc.

    (530) 470-1740

    19 in this area

    24 Total Sales

    Lock Richards
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Map

Source: MetroList

MLS Number: 201804106

MetroList

APN: 009-270-001-000

California Nevada County Grass Valley 95945

474 Bennett St, Grass Valley, CA

Not Listed for Sale

Lots

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