NOT LISTED FOR SALE
3 Beds
2 Baths
1,040 Sq Ft
0.54 Acres

Last Sold May 30, 2014

Last sale price $120,000 $115 Per Sq Ft

69 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Combination Of Heating Systems
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2014

Investment Opportunity waiting for YOU!! Two rented units on one 1/2 acre corner lot. House is a 2 bedroom 1 bath, the other unit is an above garage 1 bedroom 1 bath. Storage underneath for tenants or possibly expand. Laundry room in garage, gated yard, make an appointment today.

Last Agent to Sell the Property

Mike Daly

Re/Max of Chico License #01500085 Listed on: 01/30/2014

Re/Max of Chico

Last Buyer's Agent

Dena Hubert

RE/MAX Gold License #01738087

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.54 Acre Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 1,040 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 031242018000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $633
  • Trash Expense $45
  • Water Sewer Expense $150
  • Gross Income $1,375
  • Net Operating Income $13,524

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 031242018000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 115.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Combination, Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 45.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 23522.00
  • Lot Size Acres: 0.5400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 1375.00
  • Gross Scheduled Income: 16500.00
  • Insurance Expense: 633.00
  • Lot Size Area: 0.5400 Acres
  • Net Operating Income: 13524.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 248.00
  • Rent Control: No
  • Total Actual Rent: 1375.00

Tax Info

  • Tax Year: 2012

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $120,000 -40.0% $115 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $199,900 -- $192 / 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 $1,586 $147,091 $49,029 $98,062
2024 $1,586 $144,208 $48,068 $96,140
2023 $1,563 $141,381 $47,126 $94,255
2022 $1,507 $138,609 $46,202 $92,407
2021 $1,483 $135,893 $45,297 $90,596
2020 $1,475 $134,501 $44,833 $89,668
2019 $1,454 $131,864 $43,954 $87,910
2018 $1,399 $129,280 $43,093 $86,187
2017 $1,348 $126,747 $42,249 $84,498
2016 $1,334 $124,263 $41,421 $82,842
2015 -- $122,397 $40,799 $81,598
2014 -- $64,796 $31,353 $33,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14020683

California Regional Multiple Listing Service (CRMLS)

APN: 031-242-018