NOT LISTED FOR SALE

12 Ralland Cir Chico, CA 95926

Estimated Value: $528,865 - $601,000

6 Beds
3 Baths
3,000 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $375,000 $125 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,532/month

91 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Central Heating
  • Bidwell Junior High School Rated A-

About This Home

As of December 2017

Well maintained fourplex at end of cul-de-sac. Leased in full through 6/30/2018. Units are clean and lease easily. One unit has turned recent and was partially upgraded. In addition to rent all units pay a utility fee each month.

Last Agent to Sell the Property

Ryan Vaught

Ryno Company License #01444141 Listed on: 07/27/2017

Last Buyer's Agent

Art Andreas

Paradise Realty License #01056416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1968

Lot Details

  • 0.32 Acre Lot
  • 1 Common Wall
  • Lawn

Home Design

  • Property Attached

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Urban Location

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 015300011000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $840
  • Insurance Expense $1,250
  • Maintenance Expense $2,000
  • Professional Management Expense $2,731
  • Trash Expense $900
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,235
  • Operating Expense $14,056
  • Gross Income $2,845
  • Net Operating Income $19,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,644

Year Built

Built in 1968

Lot Details

0

Listing Details

  • CapRate: 4.95
  • Professional Management Expense: 2731.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 015300011000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 125.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 13939.00

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2845.00
  • Gross Multiplier: 11.28
  • Gross Scheduled Income: 34140.00
  • Insurance Expense: 1250.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 19060.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 14056.00
  • Rent Control: No
  • Total Actual Rent: 2845.00
  • Total Expenses: 14056.00

Tax Info

  • New Taxes Expense: 4235.00
  • Tax Census Tract: 1.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2017
Closed on
Nov 29, 2017
Sold by
Walter James J
Bought by
Andreas Arthur D and Andreas Laurenill Rosy
Seller's Agent
Ryan Vaught
Ryno Company
Buyer's Agent
Art Andreas
Paradise Realty
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Total Days on Market
91
Current Estimated Value
$562,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,466
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 18, 2016
Sold by
Ey Harold E
Bought by
Walter James J and Walter Rebecca E
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Deb Sprague
Deb Sprague, Broker
List Price
$349,500
Sold Price
$360,000
Premium/Discount to List
$10,500
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ey E Harold
Bought by
Ey E Harold and Ey Marilyn J
Source: Public Records

Similar Homes in Chico, CA

  • 1256 Warner St, Chico, CA 95926

    $550,000

    • 4 Beds
    • 2 Baths
    • 3,232 Sq Ft
    • 1256 Warner St
    • Chico, CA

    Discover an exceptional opportunity with this newly listed, multi-family property, perfect for discerning investors or anyone looking to dive into the world of rental properties. Comprising both a single-family home (4 bedrooms) and duplex (4 bedrooms) each side making it a prime candidate for generating substantial rental income. Unit C has been recently remodeled to include modern finishes.

    Ashley Higginson Parkway Real Estate Co.

    Section Image
  • 683 Eastwood Ave, Chico, CA 95928

    $459,000

    • 2 Beds
    • 2 Baths
    • 2,208 Sq Ft
    • 683 Eastwood Ave
    • Chico, CA

    Looking for a historical street and property?? This 1928 built duplex is such a unique and desirable property that you can't miss the opportunity to add to your portfolio of homes! With each side of this freshly painted duplex a spacious 1188 square feet, it feels much larger and the 1 bedroom is especially large and bright with it's walls of windows. Large living room with classic fireplace,

    Becky Prater Platinum Partners Real Estate

    Section Image
  • 1109 Ivy St, Chico, CA 95928

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,544 Sq Ft
    • 1109 Ivy St
    • Chico, CA

    Discover a fantastic investment opportunity in the heart of Downtown Chico. This clean and cute duplex, built in 1940, offers timeless charm and modern potential. With 1,544 sq ft of living space, this property offers each unit 2 spacious bedrooms and a bathroom. The front unit offers classic hardwood flooring with an open living area, perfect for a cozy evening or entertaining guests. While the

    Carly Wolf Re/Max of Chico

    Section Image

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
Andreas Arthur D $375,000 Mid Valley Title & Escrow Co
Walter James J $360,000 Mid Valley Title & Escrow Co
Ey E Harold -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2017 12/05/17 Sold $375,000 -2.6% $125 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $385,000 +6.9% $128 / Sq Ft
08/19/2016 08/19/16 Sold $360,000 +3.0% $104 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $349,500 0.0% $101 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $349,500 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $4,644 $418,316 $133,860 $284,456
2023 $4,589 $410,615 $131,236 $279,379
2022 $4,515 $402,574 $128,663 $273,911
2021 $4,430 $394,691 $126,141 $268,550
2020 $4,418 $390,650 $124,848 $265,802
2019 $4,338 $383,000 $122,400 $260,600
2018 $4,259 $375,500 $120,000 $255,500
2017 $4,086 $360,500 $120,000 $240,500
2016 $2,735 $258,734 $99,027 $159,707
2015 $2,735 $254,856 $97,540 $157,316
2014 $2,682 $249,875 $95,630 $154,245
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17171607

California Regional Multiple Listing Service (CRMLS)

APN: 015-300-011-000