NOT LISTED FOR SALE
6 Beds
3 Baths
2,812 Sq Ft
7,405 Sq Ft

Last Sold July 14, 2017

Last sale price $420,000 $149 Per Sq Ft

12 Days on Market

Highlights

  • Property is near public transit
  • Lawn
  • Laundry Room
  • Chico Junior High School Rated A-

About This Home

As of July 2017

Known as The Fairman House, this is one of the prettiest properties in Chico. John Bidwell sold the land for this home in 1890, records show home was built sometime shortly afterwards. This Victorian work of art, is one of the original, Chico Vecino homes. A true Chico treasure, with Italiante influences, boxed cornices, columns, and wrap around front porch. Previously zoned residential- professional, it may still have possibilities for that. Currently a lovely main home, with studio in back upstairs and a separate, detached studio. 3 separate residential units; 3 separate power meters and residential 3 units water. Updated wiring, but original glass, original door knobs, original hardwood floors. This is a priceless piece of what makes Chico so special.

Last Agent to Sell the Property

Jeanne Newton

Newton Realty License #01485153 Listed on: 06/08/2017

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Garden
  • Back and Front Yard

Home Design

  • 2,812 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 003071012000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,600
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $6,000
  • Gross Income $38,400
  • Net Operating Income $33,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: RP
  • Property Type: Residential Income
  • Parcel Number: 003071012000
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 149.36

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Near Public Transit
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 3600.00
  • Net Operating Income: 33400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Census Tract: 7.00
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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
07/14/2017 07/14/17 Sold $420,000 -23.6% $149 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $550,000 -- $196 / 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 $5,180 $477,883 $147,916 $329,967
2024 $5,180 $468,514 $145,016 $323,498
2023 $5,119 $459,328 $142,173 $317,155
2022 $5,038 $450,323 $139,386 $310,937
2021 $4,943 $441,494 $136,653 $304,841
2020 $4,929 $436,968 $135,252 $301,716
2019 $4,839 $428,400 $132,600 $295,800
2018 $4,751 $420,000 $130,000 $290,000
2017 $496 $50,160 $16,967 $33,193
2016 $452 $49,178 $16,635 $32,543
2015 $451 $48,441 $16,386 $32,055
2014 $439 $47,494 $16,066 $31,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17129361

California Regional Multiple Listing Service (CRMLS)

APN: 003-071-012

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