NOT LISTED FOR SALE

1101 E Lassen Ave Chico, CA 95973

9 Beds
5 Baths
1,876 Sq Ft
0.79 Acres

Last Sold June 27, 2014

Last sale price $310,000 $165 Per Sq Ft

82 Days on Market

About This Home

As of June 2014

Very unique property with tons of potential! A duplex, with 2 bedrooms, 1 bath on each side; a triple wide mobile that is over 1800 square feet, and a double wide mobile home with 3 bedrooms and 2 bath-- all on .79 of an acre! Located close to shopping and schools. Great opportunity!

Last Agent to Sell the Property

Heather Cooper

Willow & Birch Realty, Inc License #01843577 Listed on: 03/06/2014

Last Buyer's Agent

Heather Cooper

Willow & Birch Realty, Inc License #01843577 Listed on: 03/06/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.79 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,876 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 007170021000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,200
  • Trash Expense $1,300
  • Water Sewer Expense $1,400
  • New Taxes Expense $2,500
  • Gross Income $4,100
  • Net Operating Income $41,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1400.00
  • Property Type: Residential Income
  • Parcel Number: 007170021000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 165.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 34412.00
  • Lot Size Acres: 0.7900

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 34412.0000 Square Feet
  • Net Operating Income: 41700.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Year: 2013

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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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $310,000 -11.4% $165 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $350,000 -- $187 / 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 $4,215 $386,135 $171,615 $214,520
2024 $4,215 $378,564 $168,250 $210,314
2023 $4,165 $371,142 $164,951 $206,191
2022 $4,095 $363,866 $161,717 $202,149
2021 $4,018 $356,733 $158,547 $198,186
2020 $4,007 $353,076 $156,922 $196,154
2019 $3,935 $346,154 $153,846 $192,308
2018 $3,863 $339,368 $150,830 $188,538
2017 $3,783 $332,715 $147,873 $184,842
2016 $3,454 $326,192 $144,974 $181,218
2015 $3,454 $321,293 $142,797 $178,496
2014 $1,959 $182,900 $73,254 $109,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14046604

California Regional Multiple Listing Service (CRMLS)