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505 Nimrod Street

505 Nimrod Street, Nevada City, CA 95959
Property in Nevada
Sold Dec 24, 2019
$319,000
$274,000 by Quicken Loans Inc
Mortgage Due Jan 01, 2050
Sold Mar 31, 2006
$375,000
$300,000 by American Mortgage Network Inc
Mortgage Due Apr 01, 2036
505 Nimrod Street has been categorized by the local assessors in Nevada City, CA as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 505 Nimrod Street has 1,060 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 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a screened patio. 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 a wall air conditioning unit at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 505 Nimrod Street sold most recently in Dec 10, 2019 for a total of $319,000. If you work out the math, that's approximately a cost of $300.94 per sqft. Before that, the property was also sold for $375,000 in Mar 17, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,440 in taxes each year. 505 Nimrod Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $328,749. If we break it down further, the land itself was valued at $103,056. Improvements to the property, however, were assessed at a total of $225,693. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Traditional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,060
  • Gross Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Electric
  • Heated Square Feet: 1,060
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEVADA CITY
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PTN LOT 5 BLK 59 NEVADA CITY

Ownership

  • Current Owner : YOUNG RICHARD W
  • Current Owner 2: YOUNG TRACY R
  • Previous Owner : KELLER MUNDY
  • Owner Before Previous Owner: SIMON JAMIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nevada Joint Union High School District
  • Census Tract: 000802

Geography

  • Parcel: 005-480-018-000
  • Block: 59
  • Lot: 5
  • Latitude: 39.256
  • Longitude: -121.012

    Address

  • Full Address: 505 Nimrod St
  • Address - House Number: 505
  • Address - Street Name: Nimrod
  • Address - Suffix Type: St
  • State: CA
  • City Name: Nevada City
  • Carrier Code: C004
  • 4-Digit Zip Code: 2829
  • Zip Code: 95959

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,440
  • Tax Rate Code Area: 002005

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 63
  • Final Value: 497,276
  • High Value: 624,044
  • Low Value: 370,508

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 24, 2019
  • First Open Lien Mortgage Loan Amount: $274,000
  • 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: Jan 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $328,749
  • Assessed Land Value: $103,056
  • Assessed Improvements Value: $225,693

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 24, 2019
  • Current Sale Transaction ID: 11711987904
  • Current Sale Price: $319,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20190027528
  • Previous Sale Recording Date: Mar 31, 2006
  • Previous Sale Contract Date: Mar 17, 2006
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Dec 24, 2019
  • First Mortgage Loan Amount: $274,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Mar 31, 2006
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Nevada City



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Frequently Asked Questions

What neighborhood is 505 Nimrod Street located in?
The 505 Nimrod Street is a located in the neighborhood of Nevada in Nevada City, Nevada City.
What is the average sales price for listings in 505 Nimrod Street?
The average sales price for units in 505 Nimrod Street is $0 currently.

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