NOT LISTED FOR SALE

15 San Gabriel Dr Chico, CA 95973

Estimated Value: $605,277 - $806,000

7 Beds
4 Baths
3,243 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $495,000 $153 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,012/month

6 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Central Heating and Cooling System
  • Bidwell Junior High School Rated A-
  • Laundry Room
  • Wood Fence

About This Home

As of March 2019

Terrific tri-plex in good condition located at the end of a cul-de-sac in desirable North Chico neighborhood. There is one 3 bedroom 2 bath unit, and two 2 bedroom 1 bath units. There is also a detached 4 car garage. Each unit has its own parking space inside the garage, private back yard and washer/drier hookups. The units have been well maintained and feature newer roofs, newer appliances, newer flooring, new sinks and new toilets. The property is on a well and septic system.

Last Agent to Sell the Property

Mike McCrady

Michael McCrady, Broker License #01234296 Listed on: 01/22/2019

Last Buyer's Agent

Lynn Franklin

LYNN FRANKLIN BROKER License #00620879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,989

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Rural Setting
  • Wood Fence

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,243 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 007200085000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,200
  • Trash Expense $600
  • New Taxes Expense $5,665
  • Operating Expense $7,825
  • Gross Income $38,100
  • Net Operating Income $28,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,989

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 007200085000
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Main Floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 152.64
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Trash Expense: 600.00
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 38100.00
  • Gross Scheduled Income: 38100.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 28100.00
  • 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
  • Operating Expense: 100060.00
  • Rent Control: No
  • Total Actual Rent: 2975.00
  • Total Expenses: 7825.00

Tax Info

  • New Taxes Expense: 5665.00
  • Tax Census Tract: 2.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 19, 2019
Sold by
Parkinson Brenda A and The Brenda Parkinson Family Tr
Bought by
Perkins John C and Perkins Lisa
Seller's Agent
Mike McCrady
Michael McCrady, Broker
Buyer's Agent
Lynn Franklin
LYNN FRANKLIN BROKER
List Price
$315,000
Sold Price
$495,000
Premium/Discount to List
$180,000
57.14%
Current Estimated Value
$641,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,563
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Jun 11, 2013
Sold by
Parkinson Brenda
Bought by
Parkinson Brenda A and The Brenda Parkinson Family Trust

Purchase Details

Closed on
Oct 1, 1998
Sold by
Schill John Gustave and Schill Donna R
Bought by
Parkinson Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Perkins John C $495,000 Mid Valley T&E Co
Parkinson Brenda A -- None Available
Parkinson Brenda $172,000 Mid Valley Title & Ecrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins John C $350,000
Previous Owner Parkinson Brenda A $160,000
Previous Owner Parkinson Brenda $142,129
Previous Owner Parkinson Brenda $145,000
Previous Owner Parkinson Brenda $75,000
Previous Owner Parkinson Brenda $165,000
Previous Owner Parkinson Brenda $68,837
Previous Owner Parkinson Brenda $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2019 03/26/19 Sold $495,000 +57.1% $153 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $315,000 -- $97 / 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 $5,989 $552,062 $167,325 $384,737
2024 $5,989 $540,258 $164,045 $376,213
2023 $5,918 $530,666 $160,829 $369,837
2022 $5,824 $520,281 $157,676 $362,605
2021 $5,714 $510,100 $154,585 $355,515
2020 $5,698 $504,880 $153,000 $351,880
2019 $2,677 $242,702 $91,339 $151,363
2018 $2,627 $237,964 $89,549 $148,415
2017 $2,572 $233,319 $87,794 $145,525
2016 $2,347 $228,765 $86,073 $142,692
2015 $2,346 $225,345 $84,781 $140,564
2014 $2,301 $220,952 $83,121 $137,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19015925

California Regional Multiple Listing Service (CRMLS)

APN: 007-200-085-000