NOT LISTED FOR SALE
12 Beds
6 Baths
3,948 Sq Ft
8,276 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $595,000 $151 Per Sq Ft

5 Days on Market

Highlights

  • Cooling Available
  • Laundry Room
  • Landscaped
  • Chico Junior High School Rated A-

About This Home

As of June 2019

Nice 6-plex consisting of two bedroom one bath units with on site laundry. Close to CSU Chico and transportation. This property offers lots of parking for tenants as well as close proximity to shopping and restaurants. With some updates you could take this property to the next level.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 05/10/2019

Re/Max of Chico

Last Buyer's Agent

MaryAnn Scott

Parkway Real Estate Co. License #00784476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Home Design

  • Property Attached

Interior Spaces

  • 3,948 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling Available
  • Air Source Heat Pump

Listing and Financial Details

  • Assessor Parcel Number 004102004000

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $1,000
  • Professional Management Expense $3,392
  • Trash Expense $1,680
  • Water Sewer Expense $3,795
  • New Taxes Expense $5,950
  • Operating Expense $16,357
  • Gross Income $3,530
  • Net Operating Income $34,403

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3392.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3795.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 004102004000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 150.71

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1680.00
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 3530.00
  • Gross Scheduled Income: 50760.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 34403.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 16357.00
  • Rent Control: Yes
  • Total Expenses: 16357.00

Tax Info

  • New Taxes Expense: 5950.00
  • Tax Census Tract: 11.00

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $595,000 0.0% $151 / Sq Ft
05/10/2019 05/10/19 For Sale $595,000 -- $151 / 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 $7,905 $728,118 $171,666 $556,452
2024 $7,905 $709,920 $168,300 $541,620
2023 $7,812 $700,000 $165,000 $535,000
2022 $7,006 $625,244 $236,514 $388,730
2021 $6,875 $613,064 $231,877 $381,187
2020 $6,856 $606,820 $229,500 $377,320
2019 $7,277 $643,255 $317,920 $325,335
2018 $6,335 $559,000 $140,000 $419,000
2017 $5,935 $524,000 $140,000 $384,000
2016 $5,525 $524,000 $140,000 $384,000
2015 $5,289 $494,000 $140,000 $354,000
2014 $4,627 $434,000 $140,000 $294,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19109336

California Regional Multiple Listing Service (CRMLS)