NOT LISTED FOR SALE
-- Bed
1 Bath
1,992 Sq Ft
6,098 Sq Ft

Last Sold March 24, 2016

Last sale price $429,000 $215 Per Sq Ft

15 Days on Market

Highlights

  • Fireplace in Bathroom
  • Private Yard
  • Laundry Room
  • Chico Junior High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

Nice 6 plex, all studios, no vacancies, great condition, outside laundry room, close to college, Nice Investment

Last Agent to Sell the Property

John Spain

Century 21 Select Real Estate, Inc. License #1086181 Listed on: 02/03/2016

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

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NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,992 Sq Ft Home
  • Carpet
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bathroom
  • Fireplace in Bathroom

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 004205001000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $184
  • Insurance Expense $2,956
  • Trash Expense $1,439
  • Water Sewer Expense $32
  • New Taxes Expense $100
  • Gross Income $3,300
  • Net Operating Income $30,127

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 32.00
  • Property Type: Residential Income
  • Parcel Number: 004205001000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Fireplace Features: Bath, Kitchen
  • Price Per Square Foot: 215.36

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Community
  • Trash Expense: 1439.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 70.35
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average Studio Area: 330
  • Electric Expense: 184.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 39231.00
  • Insurance Expense: 2956.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 30127.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 6
  • Operating Expense: 9104.00
  • Rent Control: No
  • Total Actual Rent: 3300.00

Tax Info

  • New Taxes Expense: 100.00
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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
03/24/2016 03/24/16 Sold $429,000 -2.3% $215 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $439,000 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,851 $628,466 $218,727 $409,739
2024 $6,851 $612,223 $214,439 $397,784
2023 $6,771 $604,220 $210,235 $393,985
2022 $6,666 $592,452 $206,113 $386,339
2021 $5,285 $468,796 $196,855 $271,941
2020 $5,273 $464,031 $194,837 $269,194
2019 $5,182 $455,012 $191,017 $263,995
2018 $5,087 $446,170 $187,272 $258,898
2017 $4,981 $437,500 $183,600 $253,900
2016 $3,536 $332,463 $151,515 $180,948
2015 $3,536 $327,531 $149,240 $178,291
2014 $3,457 $321,194 $146,317 $174,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16024080

California Regional Multiple Listing Service (CRMLS)
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