NOT LISTED FOR SALE

Estimated Value: $406,085 - $512,000

4 Beds
3 Baths
2,124 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $400,000 $188 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,509/month

41 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • Chico Junior High School Rated A-
  • Built-In Features
  • Living Room

About This Home

As of November 2024

Welcome to this unique triplex located in the sought-after Barber District, offering a fantastic opportunity for investors or those with a vision. This property features three distinct units, each with its own charm and potential. There are two 1-bedroom, 1-bath units, each with its own kitchen and built-in features, providing a cozy and functional living space. Downstairs, there is a spacious 2-bedroom, 1-bath unit, complete with a kitchen and an extra storage room. Ideal for families or those needing extra space. The property includes a backyard area with additional storage and alley access. This triplex is a contractor's special and will need some TLC to bring out its full potential. Whether you're looking to renovate and update or invest in a property with character, this triplex offers a prime location and plenty of possibilities. Don’t miss the chance to make this gem in the Barber District your own!

Last Agent to Sell the Property

Heather Cooper

Willow & Birch Realty, Inc Brokerage Phone: 530-521-2606 License #01843577 Listed on: 08/09/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Entry on the 2nd floor

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Neighborhood Views
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 8
  • Assessor Parcel Number 005096002000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Operating Expense $3,334
  • Gross Income $23,678
  • Net Operating Income $23,678

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 005096002000
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 2
  • Price Per Square Foot: 188.32
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Water Heater
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 23678.00
  • Gross Scheduled Income: 27012.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 23678.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 3334.00
  • Rent Control: No
  • Total Expenses: 3334.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 12.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 5, 2024
Sold by
Robert C Gray Trust and Gray Robert C
Bought by
Wendell Brian
Seller's Agent
Heather Cooper
Willow & Birch Realty, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
30
Current Estimated Value
$462,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,271
Avg. Annual Appreciation
12.81%
Original Mortgage
$300,000
Outstanding Balance
$295,776
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Estimated Equity
$166,495

Purchase Details

Closed on
Sep 4, 1997
Sold by
Gray Stanley V
Bought by
Gray Stanley and The Stanley V Gray Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wendell Brian $400,000 Old Republic Title
Gray Stanley -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendell Brian $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $400,000 -11.1% $188 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $450,000 -- $212 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $669 $400,000 $165,000 $235,000
2024 $669 $56,874 $13,152 $43,722
2023 $661 $55,760 $12,895 $42,865
2022 $652 $54,668 $12,643 $42,025
2021 $636 $53,597 $12,396 $41,201
2020 $637 $53,048 $12,269 $40,779
2019 $629 $52,009 $12,029 $39,980
2018 $616 $50,991 $11,794 $39,197
2017 $600 $49,992 $11,563 $38,429
2016 $551 $49,013 $11,337 $37,676
2015 $550 $48,278 $11,167 $37,111
2014 $542 $47,334 $10,949 $36,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24165289

California Regional Multiple Listing Service (CRMLS)

APN: 005-096-002-000