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

Sale Details

Date Sold: May 30, 2014

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

69 Days on Market

Highlights

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

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
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 23,522 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 1,040 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

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

Utilities

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

Additional Features

  • Laundry in Garage
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 031242018000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

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

0.54 Acres

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

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
Jan 30, 2014
Closed on
May 29, 2014
Sold by
Bought by
Seller's Agent
Mike Daly
Re/Max of Chico
Buyer's Agent
Dena Hubert
RE/MAX Gold
List Price
$199,900
Sold Price
$120,000
Premium/Discount to List
-$79,900
-39.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Outstanding Balance
$87,401
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2011
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
$49,480
Interest Rate
4.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
$120,000 Bidwell Title & Escrow Co
$63,000 Bidwell Title & Escrow Compa
-- 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 $117,826
Previous Owner $49,480
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
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

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 $1,643 $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

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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

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