NOT LISTED FOR SALE

1720 E Main St Grass Valley, CA 95945

Estimated Value: $552,000 - $724,390

8 Beds
8 Baths
3,800 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $579,000 $152 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,477/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Enclosed Patio or Porch
  • 2-minute walk to Wildlife Rehab and Release
  • No HOA

About This Home

As of May 2020

Superior location convenient to Sierra College, shopping, movie theaters, restaurants and public transportation. Townhouse style 4 units. Downstairs has a large living room, breakfast bar, functional kitchen with dishwasher and electric range, 1/2 bath and laundry closet with washer and dryer. Upstairs houses two nice size bedrooms with full bath. No living with another apartment above you. Large parking area with covered parking. Low maintenance landscaping and a fenced in private area off the living room. Strong rents. Residential financing.

Last Agent to Sell the Property

Randall Casto

Core Real Estate Brokerage License #01221138 Listed on: 04/25/2020

Last Buyer's Agent

Erin Sorani

RE/MAX Gold License #01966470

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,851

Year Built

  • Built in 1976

Lot Details

  • 0.33

Home Design

  • Quadruplex
  • Traditional Architecture
  • Split Level Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Window Treatments

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • 5 Covered Spaces

Additional Features

  • Enclosed Patio or Porch
  • 0.33 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 035-310-027-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,851

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1976
  • Architectural Style: Traditional
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Water Heater,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: Low-Flow Shower(s),Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Seller Property Questionnaire,Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 580000.00
  • Patio And Porch Features: Enclosed Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 5
  • Parking Features: Carport,Guest Parking Available,1 Space Per Unit
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Cable Connected,Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Propane,Wall Furnace
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,See Remarks
  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Commercial
  • Lot Size Acres: 0.3300
  • Lot Size Sq Ft: 14375

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Gross Income: 58368
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 9.940

Tax Info

  • Assessor Parcel Number: 035-310-027-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2020
Closed on
May 18, 2020
Sold by
Murdoch David D and Murdoch Suzanne M
Bought by
Craig William S
Seller's Agent
Randall Casto
Core Real Estate Brokerage
Buyer's Agent
Erin Sorani
RE/MAX Gold
List Price
$580,000
Sold Price
$579,000
Premium/Discount to List
-$1,000
-0.17%
Current Estimated Value
$716,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,803
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Dec 31, 2003
Sold by
Schumacher Armin and Bock Christina
Bought by
Murdoch David D and Murdoch Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Schumacher Armin
Bought by
Schumacher Armin and Bock Christina

Purchase Details

Closed on
Mar 3, 1999
Sold by
Tri Y F Partnership
Bought by
Schumacher Armin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
Craig William S $579,000 Placer Title Company
Murdoch David D $440,000 Placer Title Company
Schumacher Armin -- --
Schumacher Armin $240,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig William S $128,000
Previous Owner Murdoch David D $72,000
Previous Owner Murdoch David D $330,000
Previous Owner Schumacher Armin $226,000
Previous Owner Schumacher Armin $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $579,000 -0.2% $152 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $580,000 -- $153 / 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 $6,851 $633,216 $218,727 $414,489
2024 $6,690 $620,801 $214,439 $406,362
2023 $6,690 $608,630 $210,235 $398,395
2022 $6,630 $596,697 $206,113 $390,584
2021 $6,435 $539,400 $246,300 $293,100
2020 $5,245 $469,100 $214,200 $254,900
2019 $5,031 $459,900 $210,000 $249,900
2018 $0 $438,000 $200,000 $238,000
2017 $4,427 $405,000 $185,000 $220,000
2016 $4,053 $368,000 $168,000 $200,000
2015 $3,997 $354,000 $162,000 $192,000
2014 $3,764 $330,000 $151,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20023286

MetroList

APN: 035-310-027-000