NOT LISTED FOR SALE

Estimated Value: $517,000 - $671,000

8 Beds
4 Baths
2,800 Sq Ft
$203/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $219,000 $78 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,504/month

3 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Chico Junior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Landscaped

About This Home

As of February 2012

Great Opportunity with this well cared for 4 plex. Adjacent 4 plex is also for sale. This is a wonderful short sale opportunity. All units have fridges & stoves. Huge yard and on site coin operated laundry with extra income! Has been taken care of by property management and has 2 years of income verification with an accepted offer. Make offer. This won't last long! 24 hour notice for all showings since it is fully occupied.

Last Agent to Sell the Property

Sarah Nielsen

Independent Realty Group License #01459113 Listed on: 09/06/2011

Last Buyer's Agent

Ellen Johnson

Mid Valley Realty License #01201897

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,886

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Garden

Home Design

  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 003613028000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $525
  • Gardener Expense $130
  • Insurance Expense $1,100
  • Maintenance Expense $814
  • Professional Management Expense $1,565
  • Supplies Expense $195
  • Trash Expense $169
  • Water Sewer Expense $237
  • New Taxes Expense $3,760
  • Gross Income $2,300
  • Net Operating Income $18,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,886

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 1565.00
  • Supplies Expense: 195.00
  • Water Sewer Expenses: 237.00
  • Property Type: Residential Income
  • Gardener Expense: 130.00
  • Parcel Number: 003613028000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 78.21

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Trash Expense: 169.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Garden, Lawn, Landscaped, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 525.00
  • Gross Income: 2300.00
  • Gross Scheduled Income: 27300.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 814.00
  • Net Operating Income: 18703.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 8596.00
  • Rent Control: No
  • Total Actual Rent: 2250.00

Tax Info

  • New Taxes Expense: 3760.00
  • Tax Lot: 028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Ramos Joseph Paul
Bought by
Eric Lowell James Anthony Llc
Current Estimated Value
$568,333

Purchase Details

Closed on
May 19, 2021
Sold by
Ebrahimi Leida
Bought by
Ramos Joseph Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2015
Sold by
Mcallister Todd K and Mcallister Amie M
Bought by
The Todd Mcallister & Amie Mcallister Re

Purchase Details

Listed on
Sep 6, 2011
Closed on
Feb 3, 2012
Sold by
Icasiano Pacifico M and Icasiano Judith D
Bought by
Mcallister Todd K and Mcallister Amie M
Seller's Agent
Sarah Nielsen
Independent Realty Group
Buyer's Agent
Ellen Johnson
Mid Valley Realty
List Price
$249,000
Sold Price
$219,000
Premium/Discount to List
-$30,000
-12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$164,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Icasiano Pacifico M
Bought by
Icasiano Pacifico M and The Pacifico M Icasiano Trust

Purchase Details

Closed on
Jun 29, 2006
Sold by
Icasiano Pacifico M and The Pacifico M Icasiano Trust
Bought by
Icasiano Pacifico M and Icasiano Judith D

Purchase Details

Closed on
Dec 1, 2005
Sold by
Icasiano Judith
Bought by
Icasiano Pacifico M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2003
Sold by
Akers Glenna
Bought by
Aker Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Eric Lowell James Anthony Llc $1,290,000 Fidelity National Title Compan
Ramos Joseph Paul -- Fidelity National Title
Ramos Joseph Paul $415,500 Fidelity National Title
The Todd Mcallister & Amie Mcallister Re -- None Available
Mcallister Todd K $219,000 Bidwell Title & Escrow Co
Icasiano Pacifico M -- None Available
Icasiano Pacifico M -- None Available
Icasiano Pacifico M -- Multiple
Icasiano Pacifico M $399,000 Multiple
Aker Ronald L -- --
Aker Ronald L $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Joseph Paul $311,625
Previous Owner Mcallister Todd K $164,250
Previous Owner Icasiano Pacifico M $260,000
Previous Owner Aker Ronald L $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2012 02/10/12 Sold $219,000 -12.0% $78 / Sq Ft
09/09/2011 09/09/11 Pending -- -- --
09/06/2011 09/06/11 For Sale $249,000 -- $89 / 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 $4,886 $657,840 $193,800 $464,040
2024 $4,886 $438,808 $169,793 $269,015
2023 $4,829 $432,205 $166,464 $265,741
2022 $4,751 $423,770 $163,200 $260,570
2021 $2,871 $255,120 $98,630 $156,490
2020 $3,648 $252,515 $97,619 $154,896
2019 $2,811 $247,584 $95,705 $151,879
2018 $2,760 $242,750 $93,829 $148,921
2017 $2,704 $238,011 $91,990 $146,021
2016 $2,469 $233,365 $90,187 $143,178
2015 $2,469 $229,876 $88,833 $141,043
2014 $2,422 $225,393 $87,093 $138,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH11117273

California Regional Multiple Listing Service (CRMLS)

APN: 003-613-028-000