NOT LISTED FOR SALE

3 Carson St Chico, CA 95928

15 Beds
8 Baths
6,832 Sq Ft
0.42 Acres Lot

Sale Details

Date Sold: May 21, 2021

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

10 Days on Market

Highlights

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

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

  • 18,295 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Apartment

Interior Spaces

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

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

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
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

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 $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

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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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