NOT LISTED FOR SALE
3 Beds
2 Baths
1,419 Sq Ft
6,098 Sq Ft

Last Sold September 21, 2016

Last sale price $349,000 $246 Per Sq Ft

169 Days on Market

About This Home

As of September 2016

Cute income property in the avenues with great tenants. Front house is a 2/1 rented at $950/mo, and rear house is a 1/1 rented at $800/mo. Both have private yards. Rear house has been upgraded recently and is in good condition. Front house has a long time tenant. Rear house 379 1/2, has a separate APN.

Last Agent to Sell the Property

Ryan Vaught

Ryno Company License #01444141 Listed on: 02/29/2016

Last Buyer's Agent

Debbie Ziemke

Re/Max of Chico

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,419 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, trash collection, water
  • Assessor Parcel Number 003103025000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • New Taxes Expense $4,200
  • Gross Income $1,750
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Inclusions: Appliances owned by the owner
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 003103025000
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 245.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered, Carport

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 57.23
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Trash Collection, Water

Multi Family

  • Gross Income: 1750.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 800.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 16000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4200.00
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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
09/21/2016 09/21/16 Sold $349,000 -3.1% $246 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $360,000 -- $254 / 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 $5,195 $482,532 $162,480 $320,052
2024 $5,195 $468,690 $159,295 $309,395
2023 $5,180 $463,631 $156,172 $307,459
2022 $4,860 $433,382 $153,110 $280,272
2021 $4,178 $372,052 $150,108 $221,944
2020 $4,167 $368,238 $148,569 $219,669
2019 $4,091 $361,018 $145,656 $215,362
2018 $4,017 $353,940 $142,800 $211,140
2017 $3,934 $347,000 $140,000 $207,000
2016 $2,644 $250,000 $115,000 $135,000
2015 $2,684 $250,000 $115,000 $135,000
2014 $2,460 $230,000 $115,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16041719

California Regional Multiple Listing Service (CRMLS)
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