C
Seller's Agent in 2019
Constance Carter
Catalyst Real Estate Professionals
1531 Laurel St Chico, CA 95928
Mulberry Neighborhood
12
Beds
5
Baths
4,269
Sq Ft
8,712
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Back and Front Yard
- Harry M. Marsh Junior High School Rated A-
About This Home
As of July 2019This is an exceptional chance to own a fourplex consisting of four large 3 bedroom units making 9.22% annual rent to capital and fully net income positive. Comprising a single family home and a triplex built in 1984, this investment is fully rented with the ability to raise rents further in November. With the lack of inventory in Chico, this is an excellent chance to buy into this booming rental market. Full top to bottom remodels have been done on 3/4 units and the last one has been updated with new flooring, paint, etc. The owner has made extensive repairs and improvements to make all units easy to rent. There is no owner PG&E
Last Agent to Sell the Property
Constance Carter
Catalyst Real Estate Professionals License #01358287 Listed on: 06/06/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
- Back and Front Yard
Home Design
- Quadruplex
Interior Spaces
- 4,269 Sq Ft Home
- Laminate Flooring
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- Parking Available
- Parking Lot
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Assessor Parcel Number 005213007000
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,552
- Trash Expense $1,204
- Water Sewer Expense $2,128
- New Taxes Expense $4,934
- Operating Expense $15,278
- Net Operating Income $43,798
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2019 07/29/19 | Sold | $650,000 | +0.8% | $152 / Sq Ft | |
| 06/17/2019 06/17/19 | Pending | -- | -- | -- | |
| 06/06/2019 06/06/19 | For Sale | $645,000 | +54.7% | $151 / Sq Ft | |
| 05/23/2017 05/23/17 | Sold | $417,000 | -7.3% | $139 / Sq Ft | View Prior Sale |
| 04/17/2017 04/17/17 | Pending | -- | -- | -- | |
| 03/20/2017 03/20/17 | For Sale | $450,000 | +23.8% | $150 / Sq Ft | |
| 10/31/2014 10/31/14 | Sold | $363,500 | -3.1% | $85 / Sq Ft | View Prior Sale |
| 10/02/2014 10/02/14 | Pending | -- | -- | -- | |
| 09/19/2014 09/19/14 | For Sale | $375,000 | -- | $88 / 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 | $7,690 | $712,865 | $153,109 | $559,756 |
| 2024 | $7,690 | $696,927 | $150,107 | $546,820 |
| 2023 | $7,598 | $685,263 | $147,164 | $538,099 |
| 2022 | $7,478 | $671,867 | $144,279 | $527,588 |
| 2021 | $7,333 | $658,733 | $141,450 | $517,283 |
| 2020 | $7,314 | $652,000 | $140,000 | $512,000 |
| 2019 | $4,946 | $433,766 | $135,252 | $298,514 |
| 2018 | $4,855 | $425,300 | $132,600 | $292,700 |
| 2017 | $4,295 | $376,422 | $88,021 | $288,401 |
| 2016 | $3,923 | $369,043 | $86,296 | $282,747 |
| 2015 | $3,922 | $363,500 | $85,000 | $278,500 |
| 2014 | $2,541 | $235,273 | $56,327 | $178,946 |
Source: Public Records
Agents Affiliated with this Home
-
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
6,274 Total Sales
-
Ryan Vaught
Seller's Agent in 2017
Ryan Vaught
Ryno Company
(530) 343-2959
14 Total Sales
-
Kiersten Morgan
Seller's Agent in 2014
Kiersten Morgan
Crane Realty
(530) 680-8884
1 in this area
124 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN19132826
APN: 005-213-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1617 Hemlock St
- 1326 Mulberry St
- 1805 Hemlock St
- 573 E 19th St
- 0 Fair St Unit SN25230897
- 399 Humboldt Ave
- 1646 Broadway St
- 1239 Broadway St
- 667 E 8th St
- 1631 Salem St
- 1076 E 9th St
- 0 California 32
- 735 Pine St
- 1077 E 8th St
- 225 W 12th St
- 1169 E 9th St
- 2215 Laurel St
- 1029 Salem St
- 1404 Normal Ave
- 1001 Salem St