$389,225
SOLD OCT 19, 2012

1152 Magnolia Ave Chico, CA 95926

Chico Vecino Neighborhood
5 Beds
2 Baths
4,512 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

1 Day on Market

About This Home

As of June 2019

1152& 1154 Magnolia (same A.P.#) 1152 Magnolia is a house 2/1 900 sq ft rents at $705 needs work cosmetic in the interior. The house has a good roof, no backyard and is located in front of….
1154 which is a 4 plex with 3/1 units, very nice condition, two story stick built with stucco siding construction. Upstairs are 2 units, and downstairs 2 units, large living rooms, great kitchens, wall heat and wall/window cool, carpets and paint are all good condition, newer roof, alley access, with private parking lot recently resurfacerd and striped, no carport or covering, in general property is very clean and nice.
Laundry room is located between 1154 and 1152 has one washer one dryer and WEB is the service contract.

The buildings are situated on a .24 gross acre parcel. Existing zoning allows for apartment use.

Last Agent to Sell the Property

Kenneth Winslow

Re/Max of Chico License #00956005 Listed on: 09/25/2012

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 1900

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • 4,512 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 003093014000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 6 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $300
  • Insurance Expense $2,000
  • Maintenance Expense $7,461
  • Trash Expense $650
  • Water Sewer Expense $1,680
  • New Taxes Expense $4,382
  • Gross Income $4,145
  • Net Operating Income $30,715

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Parcel Number: 003093014000
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 86.26

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Trash Expense: 650.00

Lot Info

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

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 4145.00
  • Gross Multiplier: 7.80
  • Gross Scheduled Income: 49740.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10454.0000 Square Feet
  • Maintenance Expense: 7461.00
  • Net Operating Income: 30715.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 16538.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 4145.00
  • Vacancy Allowance: 2487
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4382.00
  • Tax Year: 2011

Range of Values:

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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
06/07/2019 06/07/19 Sold $799,000 0.0% $178 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $799,000 +105.3% $178 / Sq Ft
10/19/2012 10/19/12 Sold $389,225 +0.1% $86 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $389,000 -- $86 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Barroso

    Seller's Agent in 2019

    John Barroso

    Parkway Real Estate Co.

    (530) 570-8489

    35 in this area

    285 Total Sales

    John Barroso
    Section Image
  • Kenneth Winslow

    Seller's Agent in 2012

    Kenneth Winslow

    RE/MAX

    (530) 809-3700

    17 Total Sales

    Kenneth Winslow
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12120374

California Regional Multiple Listing Service (CRMLS)

APN: 003-093-014

California Butte County Chico 95926 Chico Vecino

1152 Magnolia Ave, Chico, CA

This home is located at 1152 Magnolia Ave, Chico, CA 95926 and is currently priced at $389,225, approximately $86 per square foot. This property was built in 1900. 1152 Magnolia Ave is a home located in Butte County with nearby schools including Citrus Avenue Elementary School, Chico Junior High School, and Chico High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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