NOT LISTED FOR SALE

Estimated Value: $744,000 - $993,000

16 Beds
8 Baths
5,376 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2023

Last sale price $925,000 $172 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,890 / mo

106 Days on Market

Highlights

  • Central Heating and Cooling System
  • Chico Junior High School Rated A-
  • Back Yard

About This Home

As of February 2023

Close to CSU, Chico and downtown, this multifamily investment property features (4) spacious, 4 bedroom/2 bath units— Arranged into two townhomes, with only one common wall— These spacious units have been updated with fun colors & fixtures; while offering the comfort and convenience of in-unit laundry, and central heat & air with nest thermostats. Lower level floor plan is open and inviting; with a well appointed kitchen, breakfast bar, living & dining room, one bedroom and full bathroom. Venture upstairs to find 3 additional bedrooms, a private balcony & additional full bathroom with stacked washer & dryer. Fresh exterior paint, low maintenance landscape and off street parking are an added bonus! Call today for more details!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 10/07/2022

Re/Max of Chico

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 11,326 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Home Design

  • Quadruplex

Interior Spaces

  • 5,376 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 043162033000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $1,800
  • Insurance Expense $2,470
  • Maintenance Expense $20,000
  • Trash Expense $1,920
  • Water Sewer Expense $1,860
  • New Taxes Expense $10,113
  • Operating Expense $38,583
  • Gross Income $7,550
  • Net Operating Income $45,417

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.26 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1860.00
  • Zoning: 00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 043162033000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 172.06

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 7550.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 2470.00
  • Lot Size Area: 11326.0000 Square Feet
  • Maintenance Expense: 20000.00
  • Net Operating Income: 45417.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 38583.00
  • Rent Control: Yes
  • Total Expenses: 38583.00

Tax Info

  • New Taxes Expense: 10113.00
  • Tax Census Tract: 6.04
  • Tax Lot: 7

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2023 02/21/23 Sold $925,000 -2.6% $172 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
10/14/2022 10/14/22 Price Changed $950,000 +5.7% $177 / Sq Ft
10/07/2022 10/07/22 For Sale $899,000 +122.5% $167 / Sq Ft
05/19/2014 05/19/14 Sold $404,000 -3.7% $75 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $419,500 -- $78 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22216983

California Regional Multiple Listing Service (CRMLS)

APN: 043-162-033-000

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