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1870 Magnolia Street

1870 Magnolia Street, Gridley, CA 95948
Property in Butte
Sold Sep 28, 2021
$425,000
$340,000 by Hometown Lenders Inc
Mortgage Due Oct 01, 2051
Sold Jul 02, 2020
$325,000
$319,113 by Summit Funding Inc
Mortgage Due Jul 01, 2050
1870 Magnolia Street has been categorized by the local assessors in Gridley, CA as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 2 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1870 Magnolia Street has 2,006 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,632 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1870 Magnolia Street was last sold in Sep 24, 2021 for $425,000. According to our calculations, that's $211.86 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Jun 26, 2020. Current property owners are expected to pay $4,755 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1870 Magnolia Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $425,000. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $330,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,006
  • Gross Building Area: 2,006
  • Building Area: 2,006
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,006
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKSIDE ADDITION
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PTN LOT 34 PARKSIDE ADDITION

Ownership

  • Current Owner : REED MATTHEW
  • Previous Owner : JOHNSON JEFFERY N
  • Previous Owner 2: JOHNSON STACEY L
  • Owner Before Previous Owner: MCDOWELL JACK W
  • Owner Before Previous Owner 2: MCDOWELL DOREEN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gridley Unified School District
  • Census Tract: 003501

Zoning

  • Zoning: VLDR

Geography

  • Parcel: 010-300-098-000
  • Block: 34
  • Lot: 34
  • Latitude: 39.3621
  • Longitude: -121.709

    Address

  • Full Address: 1870 Magnolia St
  • Address - House Number: 1870
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: CA
  • City Name: Gridley
  • Carrier Code: R004
  • 4-Digit Zip Code: 2706
  • Zip Code: 95948

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,755
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 003000

    Appraisal Valuation

  • Standard Deviation: 0.4338
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 433,648
  • High Value: 621,784
  • Low Value: 245,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $425,000
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $330,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11859075336
  • Current Sale Price: $425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0043331
  • Previous Sale Recording Date: Jul 02, 2020
  • Previous Sale Contract Date: Jun 26, 2020
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Jul 02, 2020
  • Previous Mortgage Loan Amount: $319,113
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Gridley



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Frequently Asked Questions

What neighborhood is 1870 Magnolia Street located in?
The 1870 Magnolia Street is a located in the neighborhood of Butte in Gridley, Gridley.
What is the average sales price for listings in 1870 Magnolia Street?
The average sales price for units in 1870 Magnolia Street is $0 currently.

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