NOT LISTED FOR SALE
4 Beds
3 Baths
1,818 Sq Ft
5,663 Sq Ft Lot

Last Sold February 27, 2016

Last sale price $323,000 $178 Per Sq Ft

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of February 2016

Great investment opportunity. Two units on one lot. 1940 built home with 3 bedrooms and 2 baths indoor laundry, newer HVAC and dual pane windows. second unit built in 2003 1 bedroom and 1 bath above 2 car garage with stainless steel appliances and tile floors, nice balcony area. Garage has small 1/4 bath in the rear of garage.

Last Agent to Sell the Property

David Junco

City of Trees Realty License #01412310 Listed on: 02/04/2016

Last Buyer's Agent

Dorothy Lee-Jenkins

Century 21 Select Real Estate, Inc. License #01972366

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,818 Sq Ft Home
  • Dry Bar
  • Zero Clearance Fireplace
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas and Electric Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, water
  • Assessor Parcel Number 005095007000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,300
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $600
  • New Taxes Expense $3,850
  • Gross Income $1,890
  • Net Operating Income $19,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Inclusions: Washer and dryer in both units, Refrigerators in both units.
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 005095007000
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Dry Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room, Zero Clearance
  • Levels: One
  • Price Per Square Foot: 177.67
  • Room Type: All Bedrooms Down, Jack & Jill
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Gas Oven, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Front Yard, Lawn, Paved, Yard
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 57.04
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Water

Multi Family

  • Average1 Bed Area: 760
  • Average3 Bed Area: 1058
  • Electric Expense: 1300.00
  • Gross Income: 1890.00
  • Gross Scheduled Income: 22620.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 0.1300 Acres
  • Net Operating Income: 19220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3850.00
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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
02/27/2016 02/27/16 Sold $323,000 -3.6% $178 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $335,000 -- $184 / 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 $4,184 $382,358 $142,051 $240,307
2024 $4,184 $374,862 $139,266 $235,596
2023 $4,135 $367,513 $136,536 $230,977
2022 $4,070 $360,308 $133,859 $226,449
2021 $3,990 $353,244 $131,235 $222,009
2020 $3,982 $349,623 $129,890 $219,733
2019 $3,913 $342,769 $127,344 $215,425
2018 $3,840 $336,049 $124,848 $211,201
2017 $3,758 $329,460 $122,400 $207,060
2016 $2,342 $219,027 $91,990 $127,037
2015 $2,341 $215,738 $90,609 $125,129
2014 $2,290 $211,513 $88,835 $122,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16023758

California Regional Multiple Listing Service (CRMLS)
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