NOT LISTED FOR SALE
13 Beds
5 Baths
3,552 Sq Ft
10,454 Sq Ft Lot

Last Sold September 21, 2012

Last sale price $359,000 $101 Per Sq Ft

3 Days on Market

Highlights

  • Evaporated cooling system
  • Chico Junior High School Rated A-
  • Wall Furnace

About This Home

As of September 2012

This 5-plex (triplex in front duplex in back) Features three 3/1 and two 2/1's. Plenty of parking, excellent rental history, owners have taken tremendous care of this property over the years. Fully leased for the upcoming school year, with a gross income of $3,780 per month. Parking lot recently resurfaced and striped, excellent proximity to CSUC, bus lines and downtown. Alley access, quiet tree lined street. Most units have dual pane windows, Evaporative coolers and wall/floor heaters, no onsite laundry. 11 foot ceilings in the front triplex units, which allows for an additional loft in the triplex bedrooms. The duplex has large kitchens very spacious.

Last Agent to Sell the Property

Kenneth Winslow

Re/Max of Chico License #00956005 Listed on: 08/21/2012

Re/Max of Chico

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 16 Parking Spaces

Home Design

  • 3,552 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 5 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 003093015000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $840
  • Insurance Expense $2,249
  • Trash Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $4,232
  • Gross Income $3,780
  • Net Operating Income $34,711

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Inclusions: All 5 refreigerators
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 003093015000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Multi/Split
  • Price Per Square Foot: 101.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 16.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Trash Expense: 1200.00
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 3780.00
  • Gross Scheduled Income: 45360.00
  • Insurance Expense: 2249.00
  • Lot Size Area: 0.2400 Acres
  • Net Operating Income: 34711.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 10769.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4232.00

Range of Values:

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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 Change Sq Ft Price
09/21/2012 09/21/12 Sold $359,000 -2.4% $101 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $368,000 -- $104 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12105427

California Regional Multiple Listing Service (CRMLS)