B
Seller's Agent in 2016
Bruce Smith
Hightower Real Estate Group
(530) 715-0020
3 Total Sales
1308 Palm Ave Chico, CA 95926
Chico Vecino Neighborhood
9
Beds
3
Baths
2,997
Sq Ft
10,019
Sq Ft Lot
About This Home
As of May 2016Fully occupied triplex consisting of one single family home and a separate duplex. Awesome location, large lot with separate yards, mature landscaping, asphalt parking lot and so much income potential! Upside on under-priced rental units for the avenues. Listed at only $142 per square foot and ready for a new owner to doll it up. At this price, location and rental income this is a must see triplex. Owner may use a 1031 exchange.
Last Agent to Sell the Property
Hightower Real Estate Group License #00756045 Listed on: 09/20/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- 10,019 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 6 Parking Spaces
Home Design
- 2,997 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Additional Features
- Suburban Location
- Conventional Septic
Listing and Financial Details
- Assessor Parcel Number 003444036000
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $200
- Trash Expense $80
- Water Sewer Expense $100
- Gross Income $2,700
- Net Operating Income $24,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2016 05/06/16 | Sold | $357,000 | -16.0% | $119 / Sq Ft |
| 02/25/2016 02/25/16 | Pending | -- | -- | -- |
| 09/20/2015 09/20/15 | For Sale | $425,000 | -- | $142 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,596 | $422,607 | $142,051 | $280,556 |
| 2024 | $4,596 | $414,321 | $139,266 | $275,055 |
| 2023 | $4,542 | $406,198 | $136,536 | $269,662 |
| 2022 | $4,468 | $398,234 | $133,859 | $264,375 |
| 2021 | $4,384 | $390,427 | $131,235 | $259,192 |
| 2020 | $4,371 | $386,425 | $129,890 | $256,535 |
| 2019 | $4,292 | $378,849 | $127,344 | $251,505 |
| 2018 | $4,214 | $371,422 | $124,848 | $246,574 |
| 2017 | $4,128 | $364,140 | $122,400 | $241,740 |
| 2016 | $1,953 | $184,661 | $47,547 | $137,114 |
| 2015 | $1,953 | $181,888 | $46,833 | $135,055 |
| 2014 | $1,918 | $178,326 | $45,916 | $132,410 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Smith
-
Robin Miller
R
Buyer's Agent in 2016
Robin Miller
Parkway Real Estate Co.
(530) 809-3700
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH15207717
APN: 003-444-036
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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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