NOT LISTED FOR SALE
4 Beds
2 Baths
1,824 Sq Ft
0.29 Acres

Last Sold July 07, 2020

Last sale price $440,000 $241 Per Sq Ft

18 Days on Market

Highlights

  • 0.29 Acre Lot
  • Granite Countertops
  • Laundry Room
  • Parkview Elementary School Rated A-
  • Neighborhood Views
  • Zoned Heating and Cooling

About This Home

As of July 2020

Revamped & Ready to Roll! Live in one unit, and rent the other— This spacious lot boasts a charming 2 bedroom/1 bath home, and 2 bedroom/1 bath apartment over a 3 bay garage with a large shop. Both dwellings feature updated kitchens, and bathrooms, with new energy efficient window and mini split heating & cooling. Centrally located with easy access to the freeway, this is an amazing opportunity to live and work, with over 800 sf of storage and flexible zoning. Seize your investment opportunity today, and embrace your inner landlord today!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 05/21/2020

Re/Max of Chico

Last Buyer's Agent

Jessica Sorenson

Re/Max of Chico License #02074457

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 6 / 10
  • Assessor Parcel Number 004331010000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $5,049
  • Operating Expense $6,249
  • Gross Income $3,200
  • Net Operating Income $32,151

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 004331010000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: One
  • Price Per Square Foot: 241.23

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 32151.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6249.00
  • Rent Control: Yes
  • Total Expenses: 6249.00

Tax Info

  • New Taxes Expense: 5049.00
  • Tax Block: 10
  • Tax Census Tract: 10.00
  • Tax Lot: 6

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
07/07/2020 07/07/20 Sold $440,000 -2.0% $241 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $449,000 -2.2% $246 / Sq Ft
05/21/2020 05/21/20 For Sale $459,000 +50.5% $252 / Sq Ft
02/14/2020 02/14/20 Sold $305,000 -9.6% $167 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $337,500 -4.9% $185 / Sq Ft
08/17/2019 08/17/19 Price Changed $355,000 -5.3% $195 / Sq Ft
07/31/2019 07/31/19 Price Changed $375,000 -5.1% $206 / Sq Ft
07/19/2019 07/19/19 For Sale $395,000 -- $217 / 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: SN20097269

California Regional Multiple Listing Service (CRMLS)