NOT LISTED FOR SALE
-- Bed
5 Baths
7,434 Sq Ft
17,424 Sq Ft

Last Sold January 30, 2015

Last sale price $1,181,500 $159 Per Sq Ft

137 Days on Market

Highlights

  • 0.4 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • Chico Junior High School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2015

Well located apartment complex between CSU Chico and Enloe Hospital. All units are Studio apartments with a very functional layout.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 07/28/2014

Re/Max of Chico

Last Buyer's Agent

Steve Kasprzyk

Century 21 Select Real Estate, Inc. License #01145231

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.4 Acre Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 31 Parking Spaces

Home Design

  • 7,434 Sq Ft Home
  • Property Attached

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • 5 Bathrooms
  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 003011033000

Community Details

Building Details

  • 23 Separate Electric Meters
  • 23 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,143
  • Insurance Expense $3,000
  • Maintenance Expense $19,910
  • Professional Management Expense $7,968
  • Trash Expense $1,807
  • Water Sewer Expense $7,899
  • New Taxes Expense $12,750
  • Gross Income $11,495
  • Net Operating Income $72,568

Additional Features

  • 22 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.4 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 7968.00
  • Property Attached: Yes
  • Water Sewer Expenses: 7899.00
  • Property Type: Residential Income
  • Parcel Number: 003011033000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 158.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 31.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1807.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Electric Expense: 1143.00
  • Gross Income: 11495.00
  • Gross Scheduled Income: 133363.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 17424.0000 Square Feet
  • Maintenance Expense: 19910.00
  • Net Operating Income: 72568.00
  • Number Of Separate Electric Meters: 23
  • Number Of Separate Gas Meters: 23
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 22
  • Operating Expense: 60795.00
  • Other Income Description: Recovered Tenant Charges
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12750.00
  • Tax Year: 2013
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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
01/30/2015 01/30/15 Sold $1,181,500 -7.3% $159 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $1,275,000 -- $172 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,445 $1,418,665 $336,514 $1,082,151
2024 $15,445 $1,384,476 $329,916 $1,054,560
2023 $15,265 $1,363,831 $323,448 $1,040,383
2022 $15,016 $1,337,217 $317,106 $1,020,111
2021 $14,735 $1,311,126 $310,889 $1,000,237
2020 $14,695 $1,297,750 $307,702 $990,048
2019 $14,431 $1,272,432 $301,669 $970,763
2018 $14,169 $1,247,610 $295,754 $951,856
2017 $13,879 $1,223,275 $289,955 $933,320
2016 $12,671 $1,199,418 $284,270 $915,148
2015 $11,142 $1,037,947 $279,888 $758,059
2014 $9,923 $928,000 $300,000 $628,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14160154

California Regional Multiple Listing Service (CRMLS)
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