NOT LISTED FOR SALE
4 Beds
2 Baths
1,363 Sq Ft
6,534 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $240,000 $176 Per Sq Ft

391 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 1-Story Property
  • Harry M. Marsh Junior High School Rated A-

About This Home

As of November 2021

Knock-knock… What’s that sound? Could it be opportunity knocking? Fantastic entry level income property, centrally located in south Chico—Conveniently located close to shopping & restaurants.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 09/23/2020

Re/Max of Chico

Last Buyer's Agent

Kelsey Grabin

Re/Max of Chico License #02005715

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 1,363 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Urban Location
  • Conventional Septic

Listing and Financial Details

  • Legal Lot and Block 2 / 8
  • Assessor Parcel Number 005465009000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $960
  • New Taxes Expense $3,025
  • Operating Expense $4,985
  • Gross Income $1,685
  • Net Operating Income $15,235

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 960.00
  • Zoning: AR
  • Property Type: Residential Income
  • Parcel Number: 005465009000
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 176.08

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 1685.00
  • Gross Scheduled Income: 20220.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 15235.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4985.00
  • Rent Control: Yes
  • Total Expenses: 4985.00

Tax Info

  • New Taxes Expense: 3025.00
  • Tax Block: 8
  • Tax Census Tract: 13.00
  • Tax Lot: 2
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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
11/12/2021 11/12/21 Sold $240,000 -12.7% $176 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $275,000 0.0% $202 / Sq Ft
09/30/2021 09/30/21 For Sale $275,000 +14.6% $202 / Sq Ft
06/15/2021 06/15/21 Off Market $240,000 -- --
06/15/2021 06/15/21 For Sale $255,000 +6.3% $187 / Sq Ft
03/24/2021 03/24/21 Off Market $240,000 -- --
03/24/2021 03/24/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $255,000 0.0% $187 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
11/09/2020 11/09/20 Price Changed $255,000 -3.8% $187 / Sq Ft
10/20/2020 10/20/20 Price Changed $265,000 -3.6% $194 / Sq Ft
09/23/2020 09/23/20 For Sale $275,000 -- $202 / 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 $33 $254,689 $106,120 $148,569
2024 $33 $249,696 $104,040 $145,656
2023 $33 $244,800 $102,000 $142,800
2022 $2,709 $240,000 $100,000 $140,000
2021 $1,523 $133,785 $86,963 $46,822
2020 $1,524 $132,414 $86,072 $46,342
2019 $1,520 $129,819 $84,385 $45,434
2018 $1,492 $127,275 $82,731 $44,544
2017 $1,461 $124,780 $81,109 $43,671
2016 $1,339 $122,334 $79,519 $42,815
2015 $1,333 $120,497 $78,325 $42,172
2014 $1,312 $118,137 $76,791 $41,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20199304

California Regional Multiple Listing Service (CRMLS)