NOT LISTED FOR SALE
-- Bed
5 Baths
7,434 Sq Ft
0.4 Acre Lot

Sale Details

Date 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
  • Wall Furnace
  • Chico Junior High School Rated A-
  • Landscaped

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

  • 17,424 Sq Ft 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 in unit

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Bought by

Purchase Details

Listed on
Jul 28, 2014
Closed on
Jan 20, 2015
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steve Kasprzyk
Century 21 Select Real Estate, Inc.
List Price
$1,275,000
Sold Price
$1,181,500
Premium/Discount to List
-$93,500
-7.33%

Purchase Details

Closed on
May 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.0628%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,370
Interest Rate
0.0723%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,370
Interest Rate
0.0723%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Available
-- None Available
$1,181,500 Bidwell Title & Escrow Co
-- None Available
-- Fidelity Natl Title Co Of Ca
-- Fidelity Natl Title Co Of Ca
-- Bidwell Title & Escrow Co
$147,500 --
$669,500 Bridgespan Title Company
-- Bridgespan Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $50,000
Previous Owner $500,000
Previous Owner $50,000
Previous Owner $900,000
Previous Owner $75,000
Previous Owner $58,973
Previous Owner $468,370
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
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

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

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 $16,437 $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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