NOT LISTED FOR SALE

175 Sierra Ave Hamilton City, CA 95951

Estimated Value: $420,000 - $474,000

6 Beds
4.5 Baths
2,876 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $390,000 $136 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,968/month

188 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • City Lights View
  • No HOA
  • Laundry Room

About This Home

As of September 2022

Great investment opportunity, with tons of potential, in a great location - This single level four-plex, is within easy access to I-5 and Hwy 99 and approximately 10 miles west of Chico CA. This income producing gem, is composed of a main 2 bedroom, 1.5 bath unit, which will become available at the close of escrow. The next unit is a 2 bedroom, 1 bath, followed by a 1 bedroom, 1 bath and complemented by a studio unit. Each unit has separate gas/electric meters. The lot's size allows plenty of outdoor recreational area for tenants. The complex has been gradually remodeled and is well administered and maintained, which have ensured long term tenancies. The property is located a short distance from restaurants, grocery store, gas, park and places of worship. Make this, your income producing property today!

Last Agent to Sell the Property

Juan Acevedo

Thrive Real Estate Company License #01254482 Listed on: 02/16/2022

Last Buyer's Agent

Maria Haro

People's Choice Brokers License #01711383

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,840

Year Built

  • Built in 1946

Lot Details

  • 0.32 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Rural Setting
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Turnkey
  • Permanent Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,876 Sq Ft Home
  • 1-Story Property
  • City Lights Views
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 032061008000
  • Tax Block 11
  • $700 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,840

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 032061008000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2876.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 135.61
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Foundation: Permanent, Raised
  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking Features: Carport, Detached Carport, Driveway, Off Street, On Site, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Rural, Street Lights

Schools

  • School District: Hamilton Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 14000.00
  • Lot Size Acres: 0.3214
  • Latitude Manual: 39.74062000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14000.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 105.01
  • TaxOtherAnnualAssessmentAmount: 700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2024
Sold by
Saldana Adrian Ramirez
Bought by
Ramirez Family Trust and Saldana
Current Estimated Value
$440,121

Purchase Details

Listed on
Feb 16, 2022
Closed on
Sep 30, 2022
Sold by
Uribe Cardiel Karina
Bought by
Saldana Adrian Ramirez
Seller's Agent
Juan Acevedo
Thrive Real Estate Company
Buyer's Agent
Maria Haro
People's Choice Brokers
List Price
$449,000
Sold Price
$390,000
Premium/Discount to List
-$59,000
-13.14%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$292,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2022
Closed on
Sep 28, 2022
Sold by
Consuelo E Martinez Living Trust
Bought by
Saldana Adrian Ramirez
Seller's Agent
Juan Acevedo
Thrive Real Estate Company
Buyer's Agent
Maria Haro
People's Choice Brokers
List Price
$449,000
Sold Price
$390,000
Premium/Discount to List
-$59,000
-13.14%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2022
Sold by
Consuelo Martinez
Bought by
Consuelo E Martinez Living Trust

Purchase Details

Closed on
Jan 29, 2021
Sold by
Martinez Richard and Martinez Roberto
Bought by
Martinez Consuelo

Purchase Details

Closed on
Jun 6, 2011
Sold by
Martinez Consuelo and Martinez Connie E
Bought by
Martinez Roberto and Martinez Richard

Purchase Details

Closed on
Feb 4, 2010
Sold by
Martinez Martha
Bought by
Martinez Richard

Purchase Details

Closed on
Jan 29, 2010
Sold by
Martinez Connie E
Bought by
Martinez Connie E and Martinez Richard
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Ramirez Family Trust -- None Listed On Document
Saldana Adrian Ramirez -- Timios
Saldana Adrian Ramirez $390,000 Timios
Consuelo E Martinez Living Trust -- Corporon Law Office
Martinez Consuelo -- None Available
Martinez Roberto -- None Available
Martinez Richard -- None Available
Martinez Connie E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saldana Adrian Ramirez $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $390,000 -2.3% $136 / Sq Ft
06/22/2022 06/22/22 Price Changed $399,000 -4.8% $139 / Sq Ft
03/16/2022 03/16/22 Price Changed $419,000 -6.7% $146 / Sq Ft
02/16/2022 02/16/22 For Sale $449,000 -- $156 / 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 $6,840 $405,756 $52,020 $353,736
2024 $6,840 $397,800 $51,000 $346,800
2023 $5,405 $390,000 $50,000 $340,000
2022 $1,570 $39,015 $9,976 $29,039
2021 $1,630 $38,251 $9,781 $28,470
2020 $1,630 $37,860 $9,681 $28,179
2019 $1,628 $37,119 $9,492 $27,627
2018 $1,438 $36,392 $9,306 $27,086
2017 $1,573 $35,679 $9,124 $26,555
2016 $1,259 $34,981 $8,946 $26,035
2015 -- $34,456 $8,812 $25,644
2014 $1,339 $33,782 $8,640 $25,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22030139

California Regional Multiple Listing Service (CRMLS)

APN: 032-061-008-000