NOT LISTED FOR SALE
9 Beds
5 Baths
2,600 Sq Ft
8,712 Sq Ft Lot

Last Sold April 02, 2015

Last sale price $349,000 $134 Per Sq Ft

9 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Chico Junior High School Rated A-

About This Home

As of April 2015

Charming vintage property in the heart of Chico. Units have been thoroughly remodeled and improved in recent years and the property shows very well. Improvement list for many of the units includes newer laminate flooring, cabinets and counter tops, plumbing and lighting fixtures, newer exterior paint, a new roof in 2013, a tenant maintained community garden and much more. Current owners have kept the rents very reasonable for long-term tenants and there is significant potential for rent increases... In addition to the extremely strong rental history, the history of the property and all of the recent improvements, possibly the best feature of all - happy tenants!

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 02/25/2015

Re/Max of Chico

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,600 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 005094021000

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gross Income $3,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 005094021000
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 134.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 3175.00
  • Gross Scheduled Income: 38100.00
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Rent Control: No

Tax Info

  • Tax Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2015 04/02/15 Sold $349,000 -2.8% $134 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $359,000 -- $138 / 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 $6,560 $600,915 $132,199 $468,716
2024 $6,560 $589,133 $129,607 $459,526
2023 $6,483 $577,582 $127,066 $450,516
2022 $6,380 $566,258 $124,575 $441,683
2021 $6,257 $555,156 $122,133 $433,023
2020 $6,242 $549,464 $120,881 $428,583
2019 $6,132 $538,691 $118,511 $420,180
2018 $6,019 $528,130 $116,188 $411,942
2017 $5,893 $517,775 $113,910 $403,865
2016 $5,382 $507,624 $111,677 $395,947
2015 $3,437 $317,704 $122,621 $195,083
2014 $3,185 $295,000 $95,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15039907

California Regional Multiple Listing Service (CRMLS)