NOT LISTED FOR SALE

Estimated Value: $378,000 - $610,000

7 Beds
3 Baths
2,608 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2015

Last sale price $272,000 $104 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,824 / mo

29 Days on Market

Highlights

  • City Lights View
  • Property is near park
  • Main Floor Bedroom
  • Parkview Elementary School Rated A-
  • Wood Flooring
  • Double Pane Windows

About This Home

As of September 2015

This is a fantastic rental located in Downtown Chico. Restaurants and shopping are just around the corner! Very strong rental history and income potential.

Last Agent to Sell the Property

Jacob Darr

NextHome North Valley Realty License #01946759 Listed on: 08/10/2015

NextHome North Valley Realty

Last Buyer's Agent

Dorothy Lee-Jenkins

Century 21 Select Real Estate, Inc. License #01972366

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in average condition

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,608 Sq Ft Home
  • Double Pane Windows
  • Separate Family Room
  • Laundry in unit

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Unpaved Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV, gas
  • Assessor Parcel Number 004426006000

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,385
  • Maintenance Expense $638
  • Professional Management Expense $2,304
  • Trash Expense $708
  • Water Sewer Expense $694
  • New Taxes Expense $341
  • Gross Income $2,300
  • Net Operating Income $14,205

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Professional Management Expense: 2304.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 694.00
  • Property Type: Residential Income
  • Parcel Number: 004426006000
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Price Per Square Foot: 104.29
  • Room Type: Family Room, Main Floor Bedroom, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: City Lights, Neighborhood
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: Unpaved, Street, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Trash Expense: 708.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5227.00
  • Price Per Lot Square Foot: 52.04
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Gas

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 22505.00
  • Insurance Expense: 1385.00
  • Lot Size Area: 5227.0000 Square Feet
  • Maintenance Expense: 638.00
  • Net Operating Income: 14205.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 8834.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 341.00

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
Aug 10, 2015
Closed on
Sep 28, 2015
Sold by
Bought by
Seller's Agent
Jacob Darr
NextHome North Valley Realty
Buyer's Agent
Dorothy Lee-Jenkins
Century 21 Select Real Estate, Inc.
List Price
$295,000
Sold Price
$272,000
Premium/Discount to List
-$23,000
-7.8%
Current Estimated Value
$476,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,679
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$272,000 Mid Valley Title & Escrow Co
-- None Available
-- None Available
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
Previous Owner $25,000
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
09/30/2015 09/30/15 Sold $272,000 -7.8% $104 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $295,000 -- $113 / 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 $3,523 $321,985 $130,214 $191,771
2024 $3,523 $315,672 $127,661 $188,011
2023 $3,482 $309,483 $125,158 $184,325
2022 $3,429 $303,415 $122,704 $180,711
2021 $3,361 $297,467 $120,299 $177,168
2020 $3,354 $294,418 $119,066 $175,352
2019 $3,296 $288,646 $116,732 $171,914
2018 $3,235 $282,988 $114,444 $168,544
2017 $3,166 $277,440 $112,200 $165,240
2016 $2,892 $272,000 $110,000 $162,000
2015 $694 $61,820 $10,597 $51,223
2014 $683 $60,610 $10,390 $50,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15175797

California Regional Multiple Listing Service (CRMLS)

APN: 004-426-006-000

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