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

Sale Details

Date 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.
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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 in unit

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

Amenities

  • Laundry Facilities

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Feb 24, 2016
Sold by
Bought by
Seller's Agent
David Junco
City of Trees Realty
Buyer's Agent
Dorothy Lee-Jenkins
Century 21 Select Real Estate, Inc.
List Price
$335,000
Sold Price
$323,000
Premium/Discount to List
-$12,000
-3.58%

Purchase Details

Closed on
Mar 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2011
Sold by
Bought by

Purchase Details

Closed on
May 23, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,562
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$323,000 Mid Valley Title & Escrow Co
-- None Available
$196,500 Fidelity National Title Comp
$60,357 Accommodation
$119,000 Mid Valley Title
$92,000 Fidelity Land Title Agency I
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $75,000
Previous Owner $231,000
Previous Owner $30,000
Previous Owner $116,250
Previous Owner $111,562
Previous Owner $82,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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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