NOT LISTED FOR SALE

Estimated Value: $413,000 - $440,000

6 Beds
3 Baths
2,160 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $357,500 $166 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,823/month

170 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • Neighborhood Views
  • Harry M. Marsh Junior High School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2020

Great investment opportunity! Fully rented, tri-plex with 2 bedroom 1 bath units! Each unit has wall air, wall heat and it's own backyard.
Front community yard is lush green lawn, fully fenced. Storage room on back side that could be made into a laundry room for more income potential.
Asphalted parking lot. Water, garbage, landscaping and pest paid by owner. Rents are a little low, so room to have a little more earning potential.

Last Agent to Sell the Property

Raeann Titus

Titus Properties License #01230408 Listed on: 04/07/2020

Last Buyer's Agent

Tara Anderson

Ballou Company License #01860993

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Side Yard Sprinklers
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway

Accessible Home Design

  • No Interior Steps

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 005414021000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $950
  • Pest Control $360
  • Trash Expense $1,368
  • Water Sewer Expense $720
  • New Taxes Expense $3,850
  • Operating Expense $7,848
  • Gross Income $27,600
  • Net Operating Income $19,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,223

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: AR
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 005414021000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 165.51
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Appliances: Electric Range, Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Wall Furnace
  • Pest Control Expense: 360.00
  • Sewer: Conventional Septic
  • Trash Expense: 1368.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Level with Street, Rectangular Lot, Sprinklers On Side, Yard
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Average2 Bed Area: 720 Square Feet
  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 950.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 19752.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 7848.00
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Total Expenses: 7848.00

Tax Info

  • New Taxes Expense: 3850.00
  • Tax Block: 1
  • Tax Census Tract: 13.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Oct 26, 2020
Sold by
Fmr Services Inc
Bought by
Johnson Jessica and Johnson Uriah
Seller's Agent
Raeann Titus
Titus Properties
Buyer's Agent
Tara Anderson
Ballou Company
List Price
$385,000
Sold Price
$357,500
Premium/Discount to List
-$27,500
-7.14%
Total Days on Market
170
Current Estimated Value
$446,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,076
Avg. Annual Appreciation
4.24%
Original Mortgage
$268,125
Outstanding Balance
$239,679
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,950

Purchase Details

Closed on
Dec 8, 2016
Sold by
Anderson Carrie Lea and Rios Frank Michael
Bought by
Fmr Services Inc

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jul 13, 2015
Sold by
Anderson John C
Bought by
Anderson Carrie Lea
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Blake Anderson
Re/Max Pacific
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ey E Harold and Ey Marilyn J
Bought by
Rios Frank Michael and Anderson Carrie Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Johnson Jessica $357,500 Bidwell Title & Escrow Co
Fmr Services Inc -- None Available
Anderson Carrie Lea -- Mid Valley Title & Escrow Co
Rios Frank Michael $255,000 Mid Valley Title & Escrow Co
Ey E Harold -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jessica $268,125
Previous Owner Rios Frank Michael $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $357,500 -7.1% $166 / Sq Ft
04/07/2020 04/07/20 For Sale $385,000 +51.0% $178 / Sq Ft
07/15/2015 07/15/15 Sold $255,000 -7.3% $118 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $275,000 -- $127 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,223 $388,068 $135,304 $252,764
2024 $4,223 $379,381 $132,651 $246,730
2023 $4,173 $373,043 $130,050 $242,993
2022 $4,107 $365,750 $127,500 $238,250
2021 $4,028 $358,600 $125,000 $233,600
2020 $3,147 $277,118 $102,830 $174,288
2019 $3,091 $271,707 $100,814 $170,893
2018 $3,033 $266,402 $98,838 $167,564
2017 $2,972 $261,200 $96,900 $164,300
2016 $2,715 $256,100 $95,000 $161,100
2015 $1,456 $134,258 $39,789 $94,469
2014 $1,436 $131,651 $39,010 $92,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20070336

California Regional Multiple Listing Service (CRMLS)

APN: 005-414-021-000