NOT LISTED FOR SALE

161 Cohasset Ln Chico, CA 95926

Chico Area
3 Beds
2 Baths
30,480 Sq Ft
0.75 Acre Lot

Sale Details

Date Sold: October 7, 2024

Last sale price $4,800,000 $157 Per Sq Ft

Highlights

  • In Ground Pool
  • Property is near public transit
  • No HOA
  • Bidwell Junior High School Rated A-
  • Wooded Lot
  • Up Slope from Street

About This Home

As of October 2024

Riverside Apartment Complex in Chico CA. Property is being listed on MLS for Comp purposes.

Last Agent to Sell the Property

Brent Silberbauer

eXp Realty of California, Inc. Brokerage Phone: 5308642404 License #02019819 Listed on: 10/07/2024

eXp Realty of California, Inc.

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 32,670 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • 006-180-057-000, 006-180-058-000,

Parking

  • Up Slope from Street

Home Design

  • Apartment
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 30,480 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Overhead Utilities
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1-7
  • Assessor Parcel Number 006180056000

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 44 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 44 Leased Units
  • Electric Expense $9,203
  • Insurance Expense $14,768
  • Professional Management Expense $17,767
  • Trash Expense $8,233
  • Water Sewer Expense $14,357
  • Operating Expense $39,935
  • Gross Income $41,844
  • Net Operating Income $9,973

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.75 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 17767.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 14357.00
  • Zoning: R4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 006180056000
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 157.48

Exterior Features

  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 8233.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 006-180-057-000, 006-180-058-000,
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Rectangular Lot, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Treed Lot, Up Slope from Street, Utilities - Overhead
  • Lot Size Sq Ft: 32670.00
  • Lot Size Acres: 0.7500

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 720 Square Feet
  • Electric Expense: 9203.00
  • Gross Income: 41844.00
  • Gross Scheduled Income: 41663.00
  • Insurance Expense: 14768.00
  • Lot Size Area: 32670.0000 Square Feet
  • Net Operating Income: 9973.00
  • Number Of Units Leased: 44
  • Number Of Units Total: 44
  • Number With Dishwasher: 44
  • Number With Disposal: 44
  • Number With Range: 4
  • Number With Refrigerator: 44
  • Operating Expense: 31871.00
  • Rent Control: No
  • Total Actual Rent: 41225.00
  • Total Expenses: 39935.00

Tax Info

  • Tax Census Tract: 3.00
  • Tax Lot: 1-7

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

Listed on
Oct 7, 2024
Closed on
Oct 1, 2024
Sold by
Bought by
Seller's Agent
Brent Silberbauer
eXp Realty of California, Inc.
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$4,800,000
Sold Price
$4,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,725,000
Interest Rate
0.0646%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2023
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
$2,200,000
Interest Rate
0.0719%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 2023
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
$2,200,000
Interest Rate
0.0719%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 2021
Sold by
Bought by

Purchase Details

Closed on
May 6, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1998
Sold by
Bought by
Source: Public Records
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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
$5,178,000 Fidelity National Title Compan
-- Fidelity National Title Compan
$4,200,000 Fidelity National Title Compan
-- Di Duca Ellingson Apc
-- None Available
-- --
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
Open $2,725,000
Previous Owner $2,200,000
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
10/07/2024 10/07/24 Sold $4,800,000 0.0% $157 / Sq Ft
10/07/2024 10/07/24 For Sale $4,800,000 -- $157 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
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 $16,178 $1,400,000 $400,000 $1,000,000
2024 $16,797 $1,510,300 $250,000 $1,260,300
2023 $7,244 $646,110 $173,282 $472,828
2022 $7,124 $633,560 $169,885 $463,675
2021 $6,992 $621,255 $166,554 $454,701
2020 $6,973 $614,948 $164,847 $450,101
2019 $6,848 $603,009 $161,615 $441,394
2018 $6,725 $591,304 $158,447 $432,857
2017 $6,587 $579,829 $155,341 $424,488
2016 $6,015 $568,579 $152,296 $416,283
2015 $6,016 $560,130 $150,009 $410,121
2014 $5,873 $549,276 $147,071 $402,205
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24207721

California Regional Multiple Listing Service (CRMLS)
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