$720,000
SOLD FEB 24, 2012
-- Bed
-- Bath
-- Sq Ft
0.4 Acres

Recently Sold

0 Day on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Carpet
  • Chico Junior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of October 2019

12 units 8 1bed 1 bath and 4 2 bed 1 bath close to CSUC. Units are in average condition. All units are individually metered for gas and electric, tenants pay hot water, units have wall heaters and wall A/C. Rents appear to be below market and with minor upgrades rents could be raised.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/10/2012

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/10/2012

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 20 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Formica Countertops
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 004035009000

Community Details

Overview

  • 12 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $164
  • Insurance Expense $2,127
  • Maintenance Expense $2,760
  • Pest Control $408
  • Trash Expense $1,536
  • Water Sewer Expense $4,800
  • New Taxes Expense $2,880
  • Gross Income $4,190
  • Net Operating Income $62,245

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Assessments: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 4800.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 004035009000
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Carpet, Vinyl
  • Appliances: Yes

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 20.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Pest Control Expense: 408.00
  • Trash Expense: 1536.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Features: Corner Lot

Multi Family

  • Electric Expense: 164.00
  • Gross Income: 4190.00
  • Gross Scheduled Income: 76920.00
  • Insurance Expense: 2127.00
  • Maintenance Expense: 2760.00
  • Net Operating Income: 62245.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 14675.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2880.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $1,700,000 -2.9% $233 / Sq Ft
07/26/2019 07/26/19 For Sale $1,750,000 0.0% $240 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $1,750,000 +143.1% $240 / Sq Ft
02/24/2012 02/24/12 Sold $720,000 0.0% --
01/10/2012 01/10/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $720,000 -- --
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: CH12056113

California Regional Multiple Listing Service (CRMLS)