NOT LISTED FOR SALE

Estimated Value: $520,000 - $786,000

5 Beds
3 Baths
2,388 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $325,000 $136 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,628/month

149 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Combination Dining and Living Room
  • 2 Fireplaces
  • Central Air
  • East Facing Home

About This Home

As of June 2016

Located just two miles from downtown Grass Valley, here's a level 2.44 acre parcel so close to town yet zoned Residential Agricultural which opens up so many uses: keep small and large animals (up to four large animals per zoning), raise chickens and sell the eggs, or grow a vineyard (like the neighbors did). The five bedroom home also provides flexible possibilities (current rent of $1,600). Use it as a single-family home or take advantage of the two sides of the home to allow for separated living. The main side has three bedrooms, two bathrooms, and the kitchen, dining area, and living room with the comfy wood stove. The left side has two additional bedrooms, a bathroom, and a family room with a cozy fireplace. A little updating could make this home sparkle! The rushing NID canal water emanates soothing sounds and then goes underground to allow ample use of the flat acreage that features an animal pen and several outbuildings. How will you utilize your new home and property?

Last Agent to Sell the Property

Cary Sanders

RE/MAX Gold License #01352660 Listed on: 05/05/2015

RE/MAX Gold

Last Buyer's Agent

Betsy Hamilton

RE/MAX Gold License #01936209

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1975

Lot Details

  • 2.44 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Zoning described as RES-AG

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 2,388 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Double Sided Fireplace
  • Combination Dining and Living Room
  • Laminate Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • 220 Volts
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-370-50-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,280

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Year Built: 1975
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Gas Water Heater
  • Fireplace Features: Double Sided
  • Fireplaces: 2
  • Flooring: Carpet,Linoleum/Vinyl
  • Master Bedroom Features: Closet,Ground Floor
  • Bathroom Features: Tub w/Shower Over,See Remarks
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Laminate Counter
  • Room Type: Baths Other,Family Room,Guest Quarters,Living Room,Master Bedroom
  • Price Per Square Foot: 136.10
  • Square Footage: 2388

Exterior Features

  • Other Structures: Outbuilding,Shed(s)
  • Construction Materials: Frame,Wood
  • Property Faces: East
  • Fencing: Partial
  • Foundation: Raised
  • Horse Property: Yes
  • Listing Price: 350000.00
  • Lot Features: Cul-De-Sac,Low Maintenance,See Remarks
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition,See Remarks
  • View Description: Local

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Facing Side,RV Access,RV Possible

Utilities

  • Sewer: Septic System
  • Utilities: Natural Gas Connected,See Remarks
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central,Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Horse Amenities: See Remarks
  • Zoning Description: RES-AG
  • Lot Size Acres: 2.4400
  • Lot Size Sq Ft: 106286

Rental Info

  • Current Rent: 1600

Multi Family

  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 07-370-50-000
  • Bonds/Assessments/Taxes Description: Local Assessments,See Remarks
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 15, 2016
Sold by
Smith Veronica M and Smith Veronica
Bought by
Elliott Benjamen and Elliott Jayme
Seller's Agent
Cary Sanders
RE/MAX Gold
Buyer's Agent
Betsy Hamilton
RE/MAX Gold
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%
Current Estimated Value
$621,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,686
Avg. Annual Appreciation
7.18%
Original Mortgage
$292,500
Outstanding Balance
$232,798
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$388,888

Purchase Details

Closed on
Jan 10, 2014
Sold by
Smith Joshua C
Bought by
Smith Veronica M

Purchase Details

Closed on
Jan 8, 2007
Sold by
Smith Veronica and Smith Josh
Bought by
Smith Joshua and Smith Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2005
Sold by
Smith Veronica and Smith Josh
Bought by
Smith Josh and Smith Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 25, 2005
Sold by
Smith Shirley A
Bought by
Smith Veronica M and Smith Joshua C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 21, 2002
Sold by
Owens Allan R
Bought by
Owens Allan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Owens Allan R
Bought by
Owens Allan R

Purchase Details

Closed on
Nov 9, 2001
Sold by
Sundberg Susan A and Sundberg Kim E
Bought by
Owens Allan R
Source: Public Records

Range of Values:

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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
Elliott Benjamen $325,000 Placer Title Company
Smith Veronica M -- None Available
Smith Joshua -- First American Title Company
Smith Josh -- Fidelity National Title Co
Smith Veronica M -- --
Smith Shirley A -- --
Owens Allan R -- Fidelity National Title Co
Owens Allan R -- Fidelity National Title Co
Owens Allan R -- --
Owens Allan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Benjamen $292,500
Previous Owner Smith Joshua $284,000
Previous Owner Smith Josh $235,000
Previous Owner Owens Allan R $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $325,000 -15.6% $136 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $385,000 -- $161 / Sq Ft
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 $4,280 $384,728 $118,377 $266,351
2024 $4,173 $377,185 $116,056 $261,129
2023 $4,173 $369,790 $113,781 $256,009
2022 $4,132 $362,540 $111,550 $250,990
2021 $4,025 $355,432 $109,363 $246,069
2020 $4,018 $351,788 $108,242 $243,546
2019 $3,854 $344,891 $106,120 $238,771
2018 $0 $338,130 $104,040 $234,090
2017 $3,685 $331,500 $102,000 $229,500
2016 $1,511 $127,100 $21,614 $105,486
2015 $1,488 $125,193 $21,291 $103,902
2014 $1,488 $122,742 $20,875 $101,867
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 15602685

MetroList

APN: 007-370-050-000