NOT LISTED FOR SALE

Nevada City, CA 95959

Estimated Value: $524,000 - $867,000

3 Beds
2 Baths
1,494 Sq Ft
$497/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $385,000 $258 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,342/month

8 Days on Market

Highlights

  • 5.3 Acre Lot
  • 1 Fireplace
  • Double Pane Windows
  • Seven Hills Intermediate School Rated A-
  • No HOA
  • Views

About This Home

As of January 2016

Two homes on 5 acre parcel minutes to Nevada City with sunset views. Main home is 3/2 with two car garage, vaulted ceilings and open floor plan in living and kitchen areas as well as master bedroom. Second home is a spacious studio located on second driveway in private setting with nice yard and deck. Shared well and NID irrigation. Long term tenants (one for 6 years). Great opportunity for investment or live in one and enjoy income from the other. . .or bring the family!

Last Agent to Sell the Property

Mimi Simmons

Century 21 Cornerstone Realty License #00871435 Listed on: 12/06/2015

Century 21 Cornerstone Realty

Last Buyer's Agent

Natalie Jermyn

Professional Realty Services International Inc. License #01506624

Professional Realty Services International Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,238

Year Built

  • Built in 2005

Lot Details

  • 5.3

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Fire and Smoke Detector
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Bedroom Exit
  • 2 Full Bathrooms

Utilities

  • 220 Volts
  • Septic System

Additional Features

  • Energy-Efficient Thermostat
  • 5.3 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 04-490-21-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,238

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Ranchette/Country
  • Property Subtype 1: 2 Houses on Lot
  • Year Built: 2005
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Range,Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks,Tile,Window
  • Master Bedroom Features: Outside Access
  • Bathroom Features: Tile,Tub w/Shower Over,Window,See Remarks
  • Bathrooms: 2.00
  • Dining Room Features: Dining Bar,Space in Kitchen
  • Kitchen Features: Tile Counter,Pantry Cabinet
  • Room Type: Baths Other,Great Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 257.70
  • Square Footage: 1494
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Wood
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 399000.00
  • Lot Features: Cul-De-Sac,See Remarks
  • Patio And Porch Features: Covered Deck,Uncovered Deck
  • Pool: No
  • Road Surface Type: Gravel,Paved
  • Roof: Composition,See Remarks
  • View Description: Special

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Facing Front,Guest Parking Available,RV Possible,Uncovered Parking Spaces 2+

Utilities

  • Security: Smoke Detector
  • Sewer: Septic System
  • Utilities: Propane,Propane Tank Leased,See Remarks
  • Cooling: Ceiling Fan(s),None
  • Electric: 220 Volts
  • Heating: Central,Propane
  • Laundry Features: See Remarks
  • Water Source: Well,Private

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Multi-Family,RES-AG
  • Irrigation: Irrigation Available
  • Lot Size Acres: 5.3000
  • Lot Size Sq Ft: 230868

Green Features

  • Energy Efficient: Thermostat

Multi Family

  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 04-490-21-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Davis Thomas J and Davis Ginny A
Bought by
Davis Thomas J and Davis Ginny A
Current Estimated Value
$742,333

Purchase Details

Listed on
Dec 6, 2015
Closed on
Jan 11, 2016
Sold by
Smith Alice F
Bought by
Davis Thomas J and Davis Ginny A
Seller's Agent
Mimi Simmons
Century 21 Cornerstone Realty
Buyer's Agent
Natalie Jermyn
Professional Realty Services International Inc.
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$308,000
Outstanding Balance
$244,638
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$497,695
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
Davis Thomas J -- None Available
Davis Thomas J $385,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Thomas J $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2016 01/26/16 Sold $385,000 -3.5% $258 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
12/06/2015 12/06/15 For Sale $399,000 -- $267 / 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 $5,238 $477,629 $153,891 $323,738
2024 $5,131 $468,265 $150,874 $317,391
2023 $5,131 $438,061 $147,916 $290,145
2022 $4,809 $429,472 $145,016 $284,456
2021 $4,669 $421,052 $142,173 $278,879
2020 $4,655 $416,736 $140,716 $276,020
2019 $4,558 $408,565 $137,957 $270,608
2018 $0 $400,554 $135,252 $265,302
2017 $4,378 $392,700 $132,600 $260,100
2016 $4,078 $364,198 $42,210 $321,988
2015 $4,019 $358,729 $41,576 $317,153
2014 $4,019 $351,703 $40,762 $310,941
Source: Public Records

Agents Affiliated with this Home

  • Mimi Simmons

    Seller's Agent in 2016

    Mimi Simmons

    Century 21 Cornerstone Realty

    (530) 362-0010

    427 Total Sales

    Mimi Simmons
    Section Image
  • Natalie Jermyn

    Buyer's Agent in 2016

    Natalie Jermyn

    Professional Realty Services International Inc.

    (530) 559-5588

    73 Total Sales

    Natalie Jermyn
    Section Image
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Source: MetroList

MLS Number: 15604529

MetroList

APN: 004-490-021-000

California Nevada County Nevada City

95959

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