NOT LISTED FOR SALE
6 Beds
5 Baths
3,469 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: April 20, 2022

Last sale price $560,000 $161 Per Sq Ft

18 Days on Market

Highlights

  • 0.26 Acre Lot
  • Neighborhood Views
  • Carpet
  • No HOA
  • Ceiling Fan
  • Wall Furnace

About This Home

As of April 2022

Great 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

John Barroso

Parkway Real Estate Co. License #01434090 Listed on: 02/08/2022

Last Buyer's Agent

Angela Garey

Parkway Real Estate Co. License #01520611

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 11,326 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,469 Sq Ft Home
  • Multi-Level Property
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.26 Acres

Listing Details

  • Professional Management Expense: 4488.00
  • Property Attached: Yes
  • Supplies Expense: 264.00
  • View: Yes
  • Water Sewer Expenses: 614.00
  • Zoning: AR
  • Property Type: Residential Income
  • Parcel Number: 004331002000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 161.43

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel, Off Street

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Heating Type: Wall Furnace
  • Pest Control Expense: 600.00
  • Sewer: Conventional Septic
  • Trash Expense: 1280.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Gross Income: 46200.00
  • Gross Scheduled Income: 46200.00
  • Lot Size Area: 11326.0000 Square Feet
  • Maintenance Expense: 1707.00
  • Net Operating Income: 27085.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 19115.00
  • Rent Control: No
  • Total Actual Rent: 3850.00
  • Total Expenses: 19115.00

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 10.00
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 8, 2022
Sold by
Bought by
Seller's Agent
John Barroso
Parkway Real Estate Co.
Buyer's Agent
Angela Garey
Parkway Real Estate Co.
List Price
$579,000
Sold Price
$560,000
Premium/Discount to List
-$19,000
-3.28%

Purchase Details

Closed on
Oct 22, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2019
Sold by
Bought by

Purchase Details

Closed on
May 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2013
Sold by
Bought by

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Mid Valley Title
-- None Listed On Document
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,889 $605,912 $205,661 $400,251
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22025329

California Regional Multiple Listing Service (CRMLS)
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