Seller's Agent in 2022
John Barroso
Parkway Real Estate Co.
(530) 570-8489
11 in this area
280 Total Sales
1175 E 8th St Chico, CA 95928
East Streets Neighborhood
6
Beds
5
Baths
3,469
Sq Ft
0.26
Acres
Highlights
- 0.26 Acre Lot
- No HOA
- Cooling System Mounted To A Wall/Window
- Parkview Elementary School Rated A-
- Neighborhood Views
- Ceiling Fan
About This Home
As of April 2022Great rental history with this centrally located multi unit complex, just a short walk or bike ride from downtown and lower Bidwell park. The property consists of two structures with a total of Five (5) units. The front house has units one through three(3); which consists of one 2 bedroom, 1 bath and two 1 bedroom, 1 bath units. The back house, consists of two(2) units; both units are 1 bedroom and 1 bath. The owners put a new roof on the front house in 2019 and put down a fresh layer of rock to enhance the driveway to the back units and the parking for the front house tenants. This is a great opportunity to own a low vacancy complex with a happy tenant base.
Last Agent to Sell the Property
Parkway Real Estate Co. License #01434090 Listed on: 02/08/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
Home Design
- Split Level Home
- Property Attached
- Composition Roof
Interior Spaces
- 3,469 Sq Ft Home
- Ceiling Fan
- Carpet
- Neighborhood Views
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- Parking Available
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Conventional Septic
Listing and Financial Details
- Tenant pays for cable TV, electricity, telephone
- Legal Lot and Block 3 / 10
- Assessor Parcel Number 004331002000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Maintenance Expense $1,707
- Pest Control $600
- Professional Management Expense $4,488
- Supplies Expense $264
- Trash Expense $1,280
- Water Sewer Expense $614
- Operating Expense $19,115
- Gross Income $46,200
- Net Operating Income $27,085
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Sold | $560,000 | -3.3% | $161 / Sq Ft |
| 02/26/2022 02/26/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $579,000 | -- | $167 / 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 | $6,463 | $594,091 | $201,629 | $392,462 |
| 2024 | $6,463 | $579,502 | $197,676 | $381,826 |
| 2023 | $6,388 | $571,140 | $193,800 | $377,340 |
| 2022 | $2,454 | $216,820 | $57,700 | $159,120 |
| 2021 | $2,407 | $212,583 | $56,569 | $156,014 |
| 2020 | $2,401 | $210,411 | $55,989 | $154,422 |
| 2019 | $2,359 | $206,300 | $54,892 | $151,408 |
| 2018 | $2,314 | $202,269 | $53,816 | $148,453 |
| 2017 | $2,267 | $198,317 | $52,761 | $145,556 |
| 2016 | $989 | $91,347 | $15,098 | $76,249 |
| 2015 | $988 | $89,986 | $14,872 | $75,114 |
| 2014 | $967 | $88,237 | $14,581 | $73,656 |
Source: Public Records
Agents Affiliated with this Home
-
John Barroso
-
Angela Garey
Buyer's Agent in 2022
Angela Garey
Parkway Real Estate Co.
(530) 774-4150
1 in this area
66 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN22025329
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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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