NOT LISTED FOR SALE

1109 Pearson Rd Paradise, CA 95969

Estimated Value: $328,000 - $441,134

4 Beds
2 Baths
2,016 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 07, 2017

Last sale price $216,000 $107 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,470/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Laundry Room
  • 43,996 Sq Ft lot
  • Cooling System Mounted To A Wall/Window
  • Sliding Doors

About This Home

As of February 2017

#884 INCOME, INCOME, INCOME! Fantastic 1 acre flag lot in a great location with a 2 bedroom 1 bathroom duplex divided by one car garages. Unit sits far back off of road and is very private. Large front yard, separate back yards, laundry in garage, large living space, clean and attractive units. Both units are occupied. Call today for more information!

Last Agent to Sell the Property

Annette Gale

Re/Max Home and Investment Listed on: 12/12/2016

Re/Max Home and Investment

Co-Listed By

Nikki Sanders

Re/Max of Chico License #01909165

Last Buyer's Agent

Larry Knifong

Action Realty License #00913120

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 1.01 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Neighborhood Views
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 054152068000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: 884
  • Property Attached: Yes
  • View: Yes
  • Zoning: A2LTD
  • Property Type: Residential Income
  • Parcel Number: 054152068000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 107.14
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 43995.60

Multi Family

  • Gross Income: 1625.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
Feb 2, 2017
Sold by
Frei Sharon G and Myren Richard T
Bought by
Knifong Lance Wayne
Seller's Agent
Annette Gale
Re/Max Home and Investment
Buyer's Agent
Larry Knifong
Action Realty
List Price
$224,500
Sold Price
$216,000
Premium/Discount to List
-$8,500
-3.79%
Current Estimated Value
$429,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,701
Avg. Annual Appreciation
6.95%
Original Mortgage
$212,087
Outstanding Balance
$107,555
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$285,479
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Knifong Lance Wayne $216,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knifong Lance Wayne $212,087
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2017 02/07/17 Sold $216,000 -3.8% $107 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
12/12/2016 12/12/16 For Sale $224,500 -- $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 $2,676 $250,683 $98,647 $152,036
2024 $2,676 $245,768 $96,713 $149,055
2023 $1,564 $138,656 $94,817 $43,839
2022 $592 $50,000 $50,000 $0
2021 $374 $30,000 $30,000 $0
2020 $361 $30,000 $30,000 $0
2019 $360 $30,000 $30,000 $0
2018 $2,350 $220,320 $86,700 $133,620
2017 $1,546 $142,534 $48,759 $93,775
2016 $1,493 $139,740 $47,803 $91,937
2015 $1,470 $137,642 $47,085 $90,557
2014 $1,444 $134,947 $46,163 $88,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16761645

California Regional Multiple Listing Service (CRMLS)

APN: 054-152-068-000