NOT LISTED FOR SALE
6 Beds
3 Baths
2,506 Sq Ft
9,583 Sq Ft Lot

Last Sold March 17, 2020

Last sale price $450,000 $180 Per Sq Ft

146 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Back and Front Yard
  • Chico Junior High School Rated A-

About This Home

As of March 2020

Prime investment opportunity! 2 houses on one lot located in the Avenues, close to downtown & Chico State. This property features a spacious 5 Bedroom/2 bath home with ample living space, built in cabinets, large fenced yard and deck— Perfect for Chico summer BBQs. Additionally, there’s an adorable 1 bedroom 1 bath house with bonus den, newer carpet and separately fenced low maintenance yard.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 09/16/2019

Re/Max of Chico

Last Buyer's Agent

Sima Saboury

Porchlight Real Estate Brokers License #01792124

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Home Design

  • 2,506 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 11 / 5
  • Assessor Parcel Number 003052012000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,560
  • Insurance Expense $1,808
  • Maintenance Expense $3,156
  • New Taxes Expense $5,445
  • Operating Expense $11,969
  • Gross Income $4,000
  • Net Operating Income $36,031

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 003052012000
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 179.57

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1808.00
  • Lot Size Area: 9583.0000 Square Feet
  • Maintenance Expense: 3156.00
  • Net Operating Income: 36031.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11969.00
  • Rent Control: Yes
  • Total Expenses: 11969.00

Tax Info

  • New Taxes Expense: 5445.00
  • Tax Block: 5
  • Tax Census Tract: 6.03
  • Tax Lot: 11

Range of Values:

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Average Value
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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
03/17/2020 03/17/20 Sold $450,000 +0.1% $180 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $449,500 -5.4% $179 / Sq Ft
11/20/2019 11/20/19 For Sale $475,000 0.0% $190 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $475,000 -4.0% $190 / Sq Ft
09/16/2019 09/16/19 For Sale $495,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19220935

California Regional Multiple Listing Service (CRMLS)