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

Sale Details

Date Sold: November 12, 2021

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

391 Days on Market

Highlights

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

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 in unit
  • 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

6,534 Sq Ft Lot

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

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
Sep 23, 2020
Closed on
Nov 9, 2021
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Kelsey Grabin
Re/Max of Chico
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Purchase Details

Closed on
Mar 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2006
Sold by
Bought by

Purchase Details

Closed on
May 6, 2003
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
$80,000
Interest Rate
0.0584%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$240,000 Fidelity Natl Ttl Co Of Ca
-- Mid Valley Title & Escrow Co
-- Mid Valley Title & Escrow Co
$100,000 Fidelity Natl Title Of Ca
-- --
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
Closed $101,000
Closed $39,201
Closed $80,000
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
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

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 $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)
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