NOT LISTED FOR SALE

3 Carson St Chico, CA 95928

15 Beds
8 Baths
6,832 Sq Ft
18,295 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $1,188,000 $174 Per Sq Ft

10 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Front Yard
  • Harry M. Marsh Junior High School Rated A-

About This Home

As of May 2021

Excellent opportunity to add this solid income-producing asset to your portfolio! Two 4 plex buildings; both featuring 2 bedroom, 1 bath units. Spacious corner parcel with low maintenance landscape and ample off-street parking. Onsite coin-op laundry generates additional annual income. Easy freeway access, and close to Meriam Park, restaurants & shopping. Call today!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 03/16/2021

Re/Max of Chico

Last Buyer's Agent

Brandi Laffins

Re/Max of Chico License #01140900

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Apartment

Interior Spaces

  • 6,832 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 002240067000

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $1,438
  • Insurance Expense $3,100
  • Maintenance Expense $10,257
  • Professional Management Expense $7,036
  • Trash Expense $1,728
  • Water Sewer Expense $5,922
  • New Taxes Expense $13,145
  • Operating Expense $42,626
  • Gross Income $7,497
  • Net Operating Income $48,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.42 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 7036.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5922.00
  • Zoning: R1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 002240067000
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 173.89

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1728.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Multi Family

  • Electric Expense: 1438.00
  • Gross Income: 7497.00
  • Gross Scheduled Income: 91158.00
  • Insurance Expense: 3100.00
  • Laundry Income: 1198.00
  • Lot Size Area: 18295.0000 Square Feet
  • Maintenance Expense: 10257.00
  • Net Operating Income: 48532.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 42626.00
  • Rent Control: Yes
  • Total Expenses: 42626.00

Tax Info

  • New Taxes Expense: 13145.00
  • Tax Census Tract: 9.03
  • Tax Lot: 128
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Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $1,188,000 -0.6% $174 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,195,000 -- $175 / 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 $13,975 $1,285,762 $238,134 $1,047,628
2024 $13,975 $1,258,591 $233,465 $1,025,126
2023 $13,810 $1,235,914 $228,888 $1,007,026
2022 $13,595 $467,181 $93,817 $373,364
2021 $5,180 $458,061 $91,978 $366,083
2020 $5,169 $453,385 $91,035 $362,350
2019 $5,079 $444,535 $89,250 $355,285
2018 $4,985 $435,858 $87,500 $348,358
2017 $4,880 $427,352 $85,785 $341,567
2016 $4,459 $419,012 $84,103 $334,909
2015 $4,457 $412,749 $82,840 $329,909
2014 $4,357 $404,704 $81,218 $323,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21053998

California Regional Multiple Listing Service (CRMLS)
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