NOT LISTED FOR SALE

1225 N Cedar St Chico, CA 95926

Chico Vecino Neighborhood
2 Beds
1 Bath
23,000 Sq Ft
1.68 Acres

Last Sold February 26, 2016

Last sale price $1,075,000 $47 Per Sq Ft

41 Days on Market

About This Home

As of February 2016

Big Tree is an all-age, 18-site mobile home park and was constructed in the early 1960's on approximately 1.68 acres. Gas is sub-metered and paid buy the residents and electricity is directly billed and paid by the residents. The property is serviced by municipal city water. The community consists of 14 single wide, 3 double wide and 6 apartment units. The park is near Downtown Chico and minutes away form California State University, Chico.

Last Agent to Sell the Property

Robert Paez

PAEZ REALTY COMPANY License #01728129 Listed on: 01/27/2015

Last Buyer's Agent

Jeff Dufour

New Futures RE, Inc. License #00988224

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 1.68 Acre Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 10 Parking Spaces

Home Design

  • 23,000 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 043141010000

Community Details

Overview

  • 20 Buildings
  • 24 Units

Building Details

  • 24 Separate Electric Meters
  • 24 Separate Gas Meters
  • 24 Separate Water Meters
  • Electric Expense $4,796
  • Insurance Expense $5,878
  • Maintenance Expense $10,284
  • Professional Management Expense $18,000
  • Trash Expense $5,967
  • Water Sewer Expense $4,796
  • New Taxes Expense $12,467
  • Gross Income $16,734
  • Net Operating Income $112,322

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Professional Management Expense: 18000.00
  • Property Attached: No
  • Water Sewer Expenses: 4796.00
  • Property Type: Residential Income
  • Parcel Number: 043141010000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 46.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 5967.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 73181.00
  • Price Per Lot Square Foot: 14.69
  • Lot Size Acres: 1.6800

Multi Family

  • Electric Expense: 4796.00
  • Gross Income: 16734.00
  • Gross Scheduled Income: 200811.00
  • Insurance Expense: 5878.00
  • Lot Size Area: 73181.0000 Square Feet
  • Maintenance Expense: 10284.00
  • Net Operating Income: 112322.00
  • Number Of Separate Electric Meters: 24
  • Number Of Separate Gas Meters: 24
  • Number Of Separate Water Meters: 24
  • Number Of Units Total: 24
  • Operating Expense: 79036.00
  • Rent Control: No
  • Vacancy Allowance: 22312

Tax Info

  • New Taxes Expense: 12467.00
  • Tax Year: 2014

Range of Values:

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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
02/26/2016 02/26/16 Sold $1,075,000 -8.5% $47 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $1,175,000 -- $51 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Paez

    Seller's Agent in 2016

    Robert Paez

    PAEZ REALTY COMPANY

    (909) 476-3552

    114 Total Sales

    Robert Paez
    Section Image

  • J

    Buyer's Agent in 2016

    Jeff Dufour

    New Futures RE, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15017930

California Regional Multiple Listing Service (CRMLS)
California Butte County Chico 95926 Chico Vecino

1225 N Cedar St, Chico, CA

This home is located at 1225 N Cedar St, Chico, CA 95926 since 27 January 2015. This property was built in 1960. 1225 N Cedar St is a home located in Butte County with nearby schools including Citrus Avenue Elementary School, Chico Junior High School, and Chico High School.

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

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