NOT LISTED FOR SALE

687 Nevada St Gridley, CA 95948

5 Beds
4 Baths
2,578 Sq Ft
8,276 Sq Ft Lot

Last Sold March 22, 2019

Last sale price $330,000 $128 Per Sq Ft

12 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • Gridley High School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of March 2019

Great investment opportunity in the heart of Gridley with separate addresses and utilities. This property features a 2 bed, 1 bath home; a 1 bed, 1 bath home as well as a duplex with 2 - 1 bed, 1 bath units. Great corner lot with alleyway and middle common area to enjoy the outdoors. 687 Nevada is a 2 bed, 1 bath home with newer flooring featuring indoor laundry, detached garage and long driveway with extra parking. 1735 Spruce is a 1 bed, 1 bath with newer flooring, attached 1 car garage, newer stove, indoor laundry room and door to back patio. 1737 Spruce is a 1 bed, 1 bath with newer flooring, attached 1 car garage and next to ally access. 1745 Spruce is a 1 bed, 1 bath and has been remodeled with newer kitchen featuring formica counter tops, newer heating unit and cooling unit, updated bathroom with walk in shower, newer toilets and newer windows throughout. Great opportunity with good cash flow with easy access to highway 99.

Last Agent to Sell the Property

Jennifer Serna

Willow & Birch Realty, Inc License #01419600 Listed on: 02/24/2019

Last Buyer's Agent

Leanne Fowler

LPT Realty License #02014304

LPT Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Sprinkler System

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level
  • Off-Street Parking

Home Design

  • Property Attached
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,578 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Neighborhood Views
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, trash collection
  • Assessor Parcel Number 009132002000

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,027
  • New Taxes Expense $4,125
  • Operating Expense $6,208
  • Gross Income $28,800
  • Net Operating Income $22,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Inclusions: Refrigerators
  • Property Attached: Yes
  • View: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 009132002000
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 128.01
  • Room Type: Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage Faces Front, Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: All Utilities, Trash Collection

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1027.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 22592.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 6208.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 6208.00

Tax Info

  • New Taxes Expense: 4125.00
  • Tax Census Tract: 35.01
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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
03/22/2019 03/22/19 Sold $330,000 -5.7% $128 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/24/2019 02/24/19 For Sale $350,000 -- $136 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,087 $368,117 $100,395 $267,722
2024 $4,087 $360,900 $98,427 $262,473
2023 $4,065 $353,825 $96,498 $257,327
2022 $3,813 $346,888 $94,606 $252,282
2021 $3,727 $340,087 $92,751 $247,336
2020 $3,722 $336,600 $91,800 $244,800
2019 $893 $72,311 $9,918 $62,393
2018 $880 $70,894 $9,724 $61,170
2017 $916 $69,505 $9,534 $59,971
2016 $886 $68,144 $9,348 $58,796
2015 $1,084 $67,121 $9,208 $57,913
2014 $1,072 $65,807 $9,028 $56,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19041746

California Regional Multiple Listing Service (CRMLS)
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