NOT LISTED FOR SALE

Estimated Value: $1,321,712 - $1,362,000

16 Beds
8 Baths
6,192 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $1,055,000 $170 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,155/month

341 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Corner Lot
  • Chico Junior High School Rated A-
  • Attic
  • Great Room

About This Home

As of March 2019

Prime location, next to CSUC and downtown!! This complex consist of 4 units, each unit offers spacious living rooms, large dining areas and lots and lots of storage areas. All units have their own indoor laundry with side by side washer and dryer, garbage disposal, dishwasher, refrigerator and microwave oven. Each unit also has its own central heat and air, water heater, water meter and PG&E meter. This is very attractive income producing property with zero vacancy factor.

Last Agent to Sell the Property

Effie Khaki

Century 21 Select Real Estate, Inc. License #01024181 Listed on: 02/22/2018

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Anita Miller

Century 21 Select Real Estate, Inc. License #01115488

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,763

Year Built

  • Built in 1984

Lot Details

  • 10,454 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Drip System Landscaping
  • Front and Side Yard Sprinklers

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,192 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Neighborhood Views
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 043180028000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $360
  • Gardener Expense $672
  • Insurance Expense $2,944
  • Maintenance Expense $3,000
  • Pest Control $360
  • Supplies Expense $2,940
  • Trash Expense $1,584
  • Water Sewer Expense $180
  • Operating Expense $19,001
  • Gross Income $84,480
  • Net Operating Income $70,279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,763

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Supplies Expense: 2940.00
  • View: Yes
  • Water Sewer Expenses: 180.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 672.00
  • Parcel Number: 043180028000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 170.38
  • Room Type: Attic, Great Room, Kitchen, Laundry
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Hookup, Washer Included
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Trash Expense: 1584.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Near Public Transit, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers On Side
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 84480.00
  • Gross Scheduled Income: 89280.00
  • Insurance Expense: 2944.00
  • Lot Size Area: 10454.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 70279.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 19001.00
  • Rent Control: No
  • Total Expenses: 19001.00

Tax Info

  • Tax Census Tract: 6.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Niazi Ali Z and Niazi Family Trust
Bought by
Niazi Properties Austin Llc
Current Estimated Value
$1,337,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,500
Outstanding Balance
$730,562
Interest Rate
2.88%
Estimated Equity
$607,009

Purchase Details

Closed on
Oct 24, 2020
Sold by
Niazi Family Trust and Niazi Ali Z
Bought by
Niazi Properties Austin Llc

Purchase Details

Closed on
Jul 17, 2020
Sold by
Niazi Ali Z and Niazi Family Trust
Bought by
Niazi Ali Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,500
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2019
Sold by
Niazi Ali Z and The Niazi Family Trust
Bought by
Niazi Properties Austin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Niazi Properties Austin Llc
Bought by
Niazi Ali Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 16, 2019
Sold by
The Niazi Family Trust
Bought by
Niazi Properties Austin Llc
Seller's Agent
Effie Khaki
Century 21 Select Real Estate, Inc.
Buyer's Agent
Anita Miller
Century 21 Select Real Estate, Inc.
List Price
$1,195,000
Sold Price
$1,055,000
Premium/Discount to List
-$140,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$791,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 20, 2019
Sold by
Niazi Linda
Bought by
Niazi Ali Z
Seller's Agent
Effie Khaki
Century 21 Select Real Estate, Inc.
Buyer's Agent
Anita Miller
Century 21 Select Real Estate, Inc.
List Price
$1,195,000
Sold Price
$1,055,000
Premium/Discount to List
-$140,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Crawford Robert L
Bought by
Crawford Robert L and Robert L Crawford Separate Property Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,214
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Crawford Robert Lee and Crawford Theresa Anne
Bought by
Crawford Robert L and The Robert L Crawford Separate Property

Purchase Details

Closed on
Mar 27, 2006
Sold by
Crawford Robert Lee
Bought by
Crawford Robert Lee and Crawford Theresa Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Niazi Properties Austin Llc -- North American Title Co Inc
Niazi Ali Z -- North American Title Co Inc
Naizi Ali Z -- North American Title Co Inc
Naizi Ali Z -- North American Title Co Inc
Niazi Ali Z -- North American Title Co Inc
Niazi Properties Austin Llc -- Orange Coast Title
Niazi Ali Z -- Orange Coast Title Company
Niazi Ali Z -- Orange Coast Title
Niazi Properties Austin Llc -- None Available
Niazi Ali Z -- None Available
Niazi Ali Z -- Orange Coast Ttl Co Of Nocal
Niazi Properties Austin Llc -- None Available
The Niazi Family Trust -- None Available
Niazi Ali Z -- Bidwell Title & Escrow Co
Niazi Ali Z $1,055,000 Bidwell Title & Escrow Co
Crawford Robert L $108,500 Multiple
Crawford Robert L -- None Available
Crawford Robert Lee -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niazi Ali Z $798,500
Closed Naizi Ali Z $798,500
Previous Owner Niazi Ali Z $784,500
Previous Owner Niazi Ali Z $791,250
Previous Owner Crawford Robert L $220,214
Previous Owner Crawford Robert Lee $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $1,055,000 +0.5% $170 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
08/31/2018 08/31/18 Price Changed $1,049,500 -12.2% $169 / Sq Ft
02/22/2018 02/22/18 For Sale $1,195,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,763 $1,176,404 $184,057 $992,347
2024 $12,763 $1,149,417 $180,449 $968,968
2023 $12,613 $1,130,880 $176,911 $953,969
2022 $12,415 $1,108,786 $173,443 $935,343
2021 $12,182 $1,087,125 $170,043 $917,082
2020 $12,148 $1,076,020 $168,300 $907,720
2019 $4,709 $414,502 $91,038 $323,464
2018 $4,624 $406,434 $89,253 $317,181
2017 $4,562 $398,524 $87,503 $311,021
2016 $4,169 $390,770 $85,788 $304,982
2015 $4,170 $384,946 $84,500 $300,446
2014 $4,071 $377,465 $82,845 $294,620
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18039428

California Regional Multiple Listing Service (CRMLS)

APN: 043-180-028-000