C
Seller's Agent in 2019
Constance Carter
Catalyst Real Estate Professionals
1531 Laurel St Chico, CA 95928
Mulberry Neighborhood
11
Beds
5
Baths
3,000
Sq Ft
8,712
Sq Ft Lot
Highlights
- Private Yard
- Harry M. Marsh Junior High School Rated A-
- Cooling System Mounted To A Wall/Window
About This Home
As of July 2019Great income property, currently all leased and professionally managed, leased for nearly 4k/mo. Front unit is a 2 bed 1 bath house with several extra rooms. Back units are accessible via the alley, and are all 3 bedrooms. One has two bathrooms, the other two have 1 bathroom each. Two of the back units have been completely remodeled, new everything including vinyl plank flooring, paint, kitchens and baths. With 30% down, the return is well over 7% cash on cash. With some improvements rents could be likely increased in the future.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Home Design
- 3,000 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Parking
- Parking Available
- Unassigned Parking
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 $1,050
- Professional Management Expense $3,749
- Trash Expense $1,536
- Water Sewer Expense $2,175
- New Taxes Expense $4,950
- Operating Expense $16,842
- Gross Income $46,860
- Net Operating Income $28,612
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 Compared to Growth
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,761 Total Sales
-
Seller's Agent in 2017
Ryan Vaught
Ryno Company
(530) 343-2959
18 Total Sales
-
Seller's Agent in 2014
Kiersten Morgan
Crane Realty
(530) 680-8884
1 in this area
134 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH17057248
APN: 005-213-007
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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
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