$470,000
SOLD DEC 15, 2024

13001 Hamilton Nord Cana Hwy Chico, CA 95973

6 Beds
4 Baths
3,448 Sq Ft
5 Acres

Recently Sold

$136 Per Sq Ft

6% Below List Price

113 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Shasta Elementary School Rated A-
  • Agricultural

About This Home

As of December 2024

Two houses on 5 acres of agricultural land in the quaint town of Nord. The manufactured home (13001 Hamilton Nord Cana Hwy) is a double wide that offers 2 bedrooms, 2 bathrooms, a laundry room, and a detached 2 car garage that has a studio apartment built into it. The manufactured home is not on a permanent foundation. The main house (13021 Hamilton Nord Cana Hwy) is a 4 bedroom 2 bath stick-built home (1,768 sq ft). The main floor of this home is in very good condition, however the second floor needs significant remodel work. The land is level, fully fenced and has excellent soil quality. Because there was a home that was recently removed from the property, the County will allow a 3rd structure to be constructed so long as a building permit is applied for by August 2025, the new structure is completed by August 2027, and the size of the structure does not exceed the size of the previous structure (approx. 800 sq ft). There are two wells on the property. One well supplies water to the two existing structures, and the second well is not being used.

Last Agent to Sell the Property

Mike McCrady

Michael McCrady, Broker Brokerage Phone: 530-321-3726 License #01234296 Listed on: 07/03/2024

Co-Listed By

Christopher McCrady

Michael McCrady, Broker Brokerage Phone: 530-321-3726 License #02218901

Last Buyer's Agent

Derrick Sanderson

eXp Realty of California, Inc. License #02070668

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5 Acre Lot
  • No Common Walls
  • Rural Setting

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,448 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Farming

  • Agricultural

Utilities

  • Well
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 047150023000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • Gardener Expense $3,600
  • Insurance Expense $3,600
  • New Taxes Expense $6,000
  • Operating Expense $13,200
  • Gross Income $54,144
  • Net Operating Income $40,944

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Zoning: AR
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 047150023000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 136.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Conventional Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000
  • Latitude Manual: 39.77591200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 54144.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 217800.0000 Square Feet
  • Net Operating Income: 40944.00
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 13200.00
  • Rent Control: No
  • Total Expenses: 13200.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 14.00

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 List to Sale Price per Sq Ft Prior Sale
12/15/2024 12/15/24 Sold $470,000 0.0% $136 / Sq Ft
12/15/2024 12/15/24 Sold $470,000 -5.8% $266 / Sq Ft View Prior Sale
10/24/2024 10/24/24 Pending -- -- --
10/24/2024 10/24/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $499,000 0.0% $145 / Sq Ft
07/01/2024 07/01/24 For Sale $499,000 +6.2% $282 / Sq Ft
06/30/2024 06/30/24 Off Market $470,000 -- --
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: SN24136546

California Regional Multiple Listing Service (CRMLS)