NOT LISTED FOR SALE

1169 E 8th St Chico, CA 95928

East Streets Neighborhood
3 Beds
2 Baths
7,392 Sq Ft
0.44 Acres

Last Sold November 26, 2013

Last sale price $575,000 $78 Per Sq Ft

14 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Wall Furnace
  • Parkview Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2013

Superbly maintained 10 unit apartment complex located in a central Chico location, close to downtown, shopping, and the freeway. Wonderfully cared for over the years, this complex consists of 4 one bedroom units and 6 two bedroom units in two separate buildings. Roofs are only 9 years old, stucco on both buildings is 6 years old, and all units have dual pane windows. All units are quite spacious, the one bedroom units are 588 sq. ft. and two bedroom units are 840 sq. ft.

Last Agent to Sell the Property

Ryan McDougal

Crane Realty License #01745379 Listed on: 10/29/2013

Last Buyer's Agent

Kenneth Winslow

Re/Max of Chico License #00956005

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.44 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • 7,392 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 18 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 004331020000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $414
  • Gardener Expense $6,510
  • Insurance Expense $2,183
  • Maintenance Expense $3,405
  • Other Expense $145
  • Pest Control $672
  • Professional Management Expense $5,540
  • Trash Expense $4,800
  • Water Sewer Expense $4,500
  • New Taxes Expense $7,209
  • Gross Income $5,780
  • Net Operating Income $30,627

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Inclusions: 10 Refrigerators
  • Professional Management Expense: 5540.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Property Type: Residential Income
  • Gardener Expense: 6510.00
  • Parcel Number: 004331020000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 77.79

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 672.00
  • Trash Expense: 4800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 19166.00
  • Lot Size Acres: 0.4400

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 414.00
  • Gross Income: 5780.00
  • Gross Scheduled Income: 66005.00
  • Insurance Expense: 2183.00
  • Lot Size Area: 19166.0000 Square Feet
  • Maintenance Expense: 3405.00
  • Net Operating Income: 30627.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Dishwasher: 9
  • Number With Disposal: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Operating Expense: 35378.00
  • Other Expense: 145.00
  • Other Expense Description: misc.
  • Rent Control: No
  • Total Actual Rent: 5780.00

Tax Info

  • New Taxes Expense: 7209.00
  • Tax Year: 2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/26/2013 11/26/13 Sold $575,000 -4.0% $78 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $599,000 -- $81 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ryan McDougal

    Crane Realty

    (530) 592-4661

    4 Total Sales

    Ryan McDougal
    Section Image
  • Kenneth Winslow

    Buyer's Agent in 2013

    Kenneth Winslow

    RE/MAX

    (530) 809-3700

    17 Total Sales

    Kenneth Winslow
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13211396

California Regional Multiple Listing Service (CRMLS)
California Butte County Chico 95928 East Streets

1169 E 8th St, Chico, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes