NOT LISTED FOR SALE

Estimated Value: $584,000 - $628,512

5 Beds
3 Baths
2,200 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $605,000 $275 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,704/month

12 Days on Market

Highlights

  • Main Floor Bedroom
  • Victorian Architecture
  • High Ceiling
  • Chico Junior High School Rated A-
  • Bonus Room
  • No HOA

About This Home

As of September 2023

CHARMING WELL-MAINTAINED INVESTMENT PROPERTY!! Opportunity is knocking with this lovely Victorian-style triplex next to Enloe and CSU Chico. This picturesque home has 3 separate units including a 3 bedroom/1 bath on the ground level and 2 remodeled 1 bedroom/1 bathroom apartments upstairs. All units have been exceptionally maintained with dual pane windows throughout, central heating and cooling and much of the plumbing has been updated. All units have their own meters, are separated by their own private entrances and have access to a common laundry room with washer and dryer. Both upstairs 1 bed/1 bath apartments have been beautifully remodeled with quality flooring and completely renovated kitchens and bathrooms. The charming 3 bed/1 bath apartment on the ground floor has original hardwood floors in excellent condition, a large living room as well as a second living area with gorgeous built-in cabinets. An added bonus is that each bedroom downstairs has their own private entrance. Situated on a large lot with an inviting sprawling front porch there is also a huge backyard with raised beds, several pergolas and newer siding on the back of the house. The owner has maintained this property with care and has had really amazing tenants who have done the same! Don't miss this great opportunity to own a charming income producing property in an unbeatable location in the Avenues!

Last Agent to Sell the Property

Jayme Foster

Re/Max of Chico License #02002903 Listed on: 07/26/2023

Re/Max of Chico

Last Buyer's Agent

Tara Taylor

Taylor Real Estate License #01515609

Taylor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Rectangular Lot
  • Level Lot
  • Front Yard

Home Design

  • Triplex
  • Victorian Architecture
  • Entry on the 2nd floor
  • Composition Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entryway
  • Separate Family Room
  • Living Room
  • Den
  • Bonus Room
  • Neighborhood Views
  • Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Additional Features

  • More Than Two Accessible Exits
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 3 / 54
  • Assessor Parcel Number 003041017000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,965
  • Insurance Expense $1,788
  • Other Expense $1,165
  • Trash Expense $1,008
  • Water Sewer Expense $1,164
  • Operating Expense $6,925
  • Gross Income $600
  • Net Operating Income $28,523

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1164.00
  • Zoning: RP
  • Architectural Style: Victorian
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2965.00
  • Parcel Number: 003041017000
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 275.00
  • Room Type: Basement, Bonus Room, Den, Entry, Laundry, Living Room, Main Floor Bedroom, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1008.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Average1 Bed Area: 614 Square Feet
  • Average3 Bed Area: 1266 Square Feet
  • Average Studio Area: 502 Square Feet
  • Gross Income: 600.00
  • Gross Scheduled Income: 33660.00
  • Insurance Expense: 1788.00
  • Laundry Income: 600.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 28523.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 5137.00
  • Other Expense: 1165.00
  • Other Expense Description: Mgmt
  • Rent Control: No
  • Total Expenses: 6925.00

Tax Info

  • Tax Block: 54
  • Tax Census Tract: 7.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2020
Sold by
Brian P Conry Living Trust
Bought by
Good Life Trust and Kopp
Current Estimated Value
$601,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2018
Sold by
Conry Brian P
Bought by
Conry Brian P and The Brian P Conry Living Trust

Purchase Details

Closed on
Sep 6, 2011
Sold by
Conry Brian P
Bought by
Conry Brian P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Good Life Trust $605,000 Fidelity National Title Compan
Conry Brian P -- None Available
Conry Brian P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Good Life Trust $453,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $605,000 +5.2% $275 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $575,000 -- $261 / 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 $6,692 $617,100 $183,600 $433,500
2024 $6,692 $605,000 $180,000 $425,000
2023 $1,950 $173,798 $57,491 $116,307
2022 $1,918 $170,391 $56,364 $114,027
2021 $1,882 $167,051 $55,259 $111,792
2020 $1,876 $165,339 $54,693 $110,646
2019 $1,843 $162,098 $53,621 $108,477
2018 $1,809 $158,920 $52,570 $106,350
2017 $1,771 $155,805 $51,540 $104,265
2016 $1,618 $152,751 $50,530 $102,221
2015 $1,618 $150,457 $49,771 $100,686
2014 $1,579 $147,511 $48,797 $98,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23137321

California Regional Multiple Listing Service (CRMLS)

APN: 003-041-017-000