NOT LISTED FOR SALE

626 S Auburn St Grass Valley, CA 95945

Studio
1 Bath
-- Sq Ft
59,677 Sq Ft

Last Sold June 01, 2015

Last sale price $1,050,000

106 Days on Market

Highlights

  • 1.37 Acre Lot
  • Cottage
  • 1-Story Property
  • No HOA

About This Home

As of June 2015

Pride of ownership throughout this property. This is a quaint little village of 9 individual cottages and one duplex. Initial study has been completed to expand the unit mix to include three fourplexes on the back of the property with separate ingress and egress. Every unit has been impeccably maintained, thus the high demand for tenants desiring to live here. 100% rented out. High quality tenants love the feeling of community that this complex provides including a community garden. The owner has spared no expense in upgrading each home including roofs, interior & exterior paint, plumbing, electrical, water lines, kitchen upgrades, flooring, bathroom upgrades etc. Location convenient to downtown Grass Valley, public transportation and shopping. All units are single story. If you are an investor looking for good cash flow, pride of ownership and upside potential with the build out of an additional 12 units, this is the property for you.

Last Agent to Sell the Property

Randall Casto

Core Real Estate Brokerage License #01221138 Listed on: 12/20/2014

Last Buyer's Agent

Bob Burton

eXp Realty of California Auburn License #00451383

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 1.37

Parking

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

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Utilities

  • Private Water Source
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 1.37 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer water
  • Assessor Parcel Number 29-241-07-000

Community Details

Overview

  • No Home Owners Association
  • 10 Buildings
  • 11 Units

Building Details

  • 7 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

1.37 Acres

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1938
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Insulated Water Heater,Varies By Unit
  • Other Equipment: Low-Flow Toilet(s),Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Varies by Unit,Linoleum/Vinyl
  • Price Per Square Foot: 270.97
  • Window Features: Caulked/Sealed,Weather Stripped

Exterior Features

  • Construction Materials: Ceiling Insulation,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Foundation: Raised
  • Listing Price: 1100000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 14
  • Garage Spaces: 1
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),None
  • Heating: Electric,Natural Gas,Wall Furnace,Varies by Unit
  • Water Source: Private

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Public Trans Nearby,See Remarks
  • Association: No

Lot Info

  • Zoning Description: Multi-Family
  • Lot Size Acres: 1.3700
  • Lot Size Sq Ft: 59677

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Water
  • Total # Leasable: 11

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 4
  • Number of Units: 11

Tax Info

  • Assessor Parcel Number: 29-241-07-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2015 06/01/15 Sold $1,050,000 -4.5% --
04/05/2015 04/05/15 Pending -- -- --
12/20/2014 12/20/14 For Sale $1,100,000 -- --
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 $15,467 $1,420,550 $355,136 $1,065,414
2024 $15,104 $1,392,697 $348,173 $1,044,524
2023 $15,104 $1,365,391 $341,347 $1,024,044
2022 $14,969 $1,338,619 $334,654 $1,003,965
2021 $14,507 $1,312,373 $328,093 $984,280
2020 $14,497 $1,298,917 $324,729 $974,188
2019 $13,906 $1,273,449 $318,362 $955,087
2018 $13,853 $1,248,480 $312,120 $936,360
2017 $13,311 $1,224,000 $306,000 $918,000
2016 $11,623 $1,082,844 $304,575 $778,269
2015 $5,432 $482,024 $144,605 $337,419
2014 $5,432 $472,583 $141,773 $330,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14604510

MetroList
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