$750,000
SOLD JAN 26, 2018
2 Beds
2 Baths
3,983 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

3% Below List Price

63 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Chico Junior High School Rated A-

About This Home

As of February 2022

Ten studio unit close to campus and Enloe Hospital. Clean, great parking, easy to walk to campus, Enloe and downtown.

Last Agent to Sell the Property

Frank Ross

Century 21 Select Real Estate, Inc. License #01014400 Listed on: 08/22/2017

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,983 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Assessor Parcel Number 003051028000

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Electric Expense $1,500
  • Insurance Expense $1,393
  • Maintenance Expense $600
  • Professional Management Expense $1,200
  • Trash Expense $984
  • Water Sewer Expense $3,744
  • New Taxes Expense $10,075
  • Operating Expense $23,948
  • Gross Income $72,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3744.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 003051028000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 188.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 984.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9583.00

Multi Family

  • Average Studio Area: 345 Square Feet
  • Electric Expense: 1500.00
  • Gross Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1393.00
  • Maintenance Expense: 600.00
  • Net Operating Income: 48000.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 8
  • Number Of Units Total: 10
  • Operating Expense: 23948.00
  • Operating Expense Percent: 33.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Total Expenses: 23948.00

Tax Info

  • New Taxes Expense: 10075.00

Range of Values:

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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
02/25/2022 02/25/22 Sold $1,175,000 +2.2% $295 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,150,000 +53.3% $289 / Sq Ft
01/26/2018 01/26/18 Sold $750,000 -3.2% $188 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $775,000 -- $195 / 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: CH17194253

California Regional Multiple Listing Service (CRMLS)