NOT LISTED FOR SALE
3 Beds
2 Baths
1,308 Sq Ft
6,098 Sq Ft Lot

Last Sold February 05, 2016

Last sale price $140,000 $107 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Cottage
  • Laundry Room
  • Parkview Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of February 2016

Fixer income property close to downtown. Two houses on one lot connected to City Sewer, consisting of a 2 bedroom featuring Central heat and Air, wood floors, good interior storage, wood floors, and a good floor plan. Back unit is a one bedroom, also a good floor plan. Properties need clean up and repairs, but would make a great project for the right person. Perfect first property for your new investors' portfolios or for clients that like to fix and flip.

Last Agent to Sell the Property

Adam Fedeli

Chico Homes License #01175184 Listed on: 10/30/2015

Last Buyer's Agent

Steven Ziel

Pryde Realty License #00979466

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Cottage
  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Driveway
  • On-Street Parking
  • Unassigned Parking

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 004447017000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $100
  • Gross Income $1,500
  • Net Operating Income $13,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Inclusions: Any items owned by the Seller.
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 004447017000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 107.03

Exterior Features

  • Foundation: Slab, Concrete Perimeter
  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Driveway, Street, Unassigned

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 22.96
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 1500.00
  • Gross Multiplier: 8.05
  • Gross Scheduled Income: 18000.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 13950.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4650.00
  • Other Income Description: Landlord pays for water.
  • Rent Control: No
  • Total Expenses: 100.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
02/05/2016 02/05/16 Sold $140,000 -3.4% $107 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $145,000 -- $111 / 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 $1,841 $165,725 $118,377 $47,348
2024 $1,841 $162,476 $116,056 $46,420
2023 $1,820 $159,291 $113,781 $45,510
2022 $1,791 $156,168 $111,550 $44,618
2021 $1,754 $153,107 $109,363 $43,744
2020 $1,752 $151,538 $108,242 $43,296
2019 $1,723 $148,568 $106,120 $42,448
2018 $1,691 $145,656 $104,040 $41,616
2017 $1,652 $142,800 $102,000 $40,800
2016 $2,509 $235,000 $100,000 $135,000
2015 $2,546 $235,000 $95,000 $140,000
2014 $2,539 $235,000 $95,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15226707

California Regional Multiple Listing Service (CRMLS)