NOT LISTED FOR SALE

3 Ralland Cir Chico, CA 95926

Estimated Value: $464,566 - $626,000

8 Beds
4 Baths
3,452 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $290,000 $84 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,239/month

210 Days on Market

Highlights

  • Balcony
  • Laundry Room
  • Carpet
  • Bidwell Junior High School Rated A-

About This Home

As of February 2016

Great investment opportunity! This 4-plex offers 2 bedrooms, 1 bath units, on site laundry, and a convenient location, close to schools and shopping.

Last Agent to Sell the Property

Cheryl Thompson

Parkway Real Estate Co. License #01812375 Listed on: 01/06/2016

Co-Listed By

Kristina Brogden

Parkway Real Estate Co. License #01820028

Last Buyer's Agent

Carolyn Fejes

Re/Max of Chico License #01875522

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls

Home Design

  • 3,452 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Electric Range
  • Balcony
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 015300006000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,725
  • Net Operating Income $21,457

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 015300006000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 84.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Electric Range
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 10890.00
  • Price Per Lot Square Foot: 26.63
  • Lot Size Acres: 0.2500

Multi Family

  • Gross Income: 2725.00
  • Gross Scheduled Income: 32600.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 21457.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11143.00
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Feb 1, 2016
Sold by
Munoz Gina Marie
Bought by
Munoz Carlos
Seller's Agent
Cheryl Thompson
Parkway Real Estate Co.
Buyer's Agent
Carolyn Fejes
Re/Max of Chico
List Price
$399,900
Sold Price
$290,000
Premium/Discount to List
-$109,900
-27.48%
Current Estimated Value
$545,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,142
Avg. Annual Appreciation
6.63%
Original Mortgage
$217,500
Outstanding Balance
$173,274
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$371,868

Purchase Details

Closed on
Feb 5, 2005
Sold by
Reber David J and Reber Susan Links
Bought by
Reber David J and Reber Susan Links

Purchase Details

Closed on
Mar 18, 2003
Sold by
Brooks Jill S and Brooks Jeffrey R
Bought by
Reber David J and Reber Susan Links

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Munoz Carlos -- Bidwell Title & Escrow Co
Munoz Carlos $290,000 Bidwell Title & Escrow Co
Reber David J -- --
Reber David J $299,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Carlos $217,500
Previous Owner Reber David J $224,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $290,000 -27.5% $84 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $399,900 -- $116 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,446 $408,902 $142,051 $266,851
2024 $4,446 $400,395 $139,266 $261,129
2023 $4,394 $393,045 $136,536 $256,509
2022 $4,322 $385,349 $133,859 $251,490
2021 $4,241 $377,804 $131,235 $246,569
2020 $4,230 $373,936 $129,890 $244,046
2019 $4,153 $366,615 $127,344 $239,271
2018 $2,096 $183,870 $124,848 $59,022
2017 $3,994 $352,400 $122,400 $230,000
2016 $3,864 $366,305 $148,035 $218,270
2015 $3,865 $360,811 $145,812 $214,999
2014 $3,060 $265,500 $85,000 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15075549

California Regional Multiple Listing Service (CRMLS)

APN: 015-300-006-000