NOT LISTED FOR SALE

Estimated Value: $638,000 - $779,640

6 Beds
6 Baths
3,977 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $390,000 $98 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,080/month

5 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • No HOA
  • Chico Junior High School Rated A-
  • Corner Lot
  • Neighborhood Views

About This Home

As of August 2013

Fantastic investment opportunity with an ideal location near Chico State University. Each unit of this spacious triplex offers 3 bedrooms, 3 bathrooms, indoor laundry , individual outdoor patio areas, and great rental history.

Last Agent to Sell the Property

Cheryl Thompson

Parkway Real Estate Co. License #01812375 Listed on: 07/08/2013

Co-Listed By

Kristina Brogden

Parkway Real Estate Co. License #01820028

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 8,276 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Partially Fenced Property
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Contemporary Architecture
  • Property Attached
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,977 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available
  • Off-Site Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 004105017000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,300
  • Net Operating Income $38,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerators, Washers and Dryers
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 004105017000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 98.06
  • Room Type: All Bedrooms Up, Family Room, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Site, On Site, Unassigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Corner Lot, Sprinklers In Front
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 3300.00
  • Gross Multiplier: 10.00
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 38220.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 1380.00
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2018
Sold by
Dean Matthew T and Dean Jayna L
Bought by
Dean Matthew T and Dean Jayna L
Current Estimated Value
$710,160

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 14, 2013
Sold by
Entrust Adminstration Inc
Bought by
Dean Matthew T and Dean Jayna L
Seller's Agent
Cheryl Thompson
Parkway Real Estate Co.
Buyer's Agent
John Barroso
Parkway Real Estate Co.
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$273,000
Outstanding Balance
$203,989
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$506,171

Purchase Details

Closed on
Jul 18, 2008
Sold by
Bouttote William L and Bouttote Barbara R
Bought by
Entrust Admin Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2006
Sold by
Sequoia Equities Craig Hall
Bought by
Bouttote William L and Bouttote Barbara R

Purchase Details

Closed on
Jun 27, 2005
Sold by
Chrysler Christine A and The Christie Chrysler Living T
Bought by
Sequoia Equities Craig Hall

Purchase Details

Closed on
Feb 21, 2002
Sold by
Chrysler Christine A and The Christie Ostrander Living
Bought by
Chrysler Christine A and The Christie Chrysler Living T

Purchase Details

Closed on
Mar 5, 2001
Sold by
Chrysler Christine A and Ostrander Christine Anne
Bought by
Chrysler Christine A and The Christie Ostrander Living

Purchase Details

Closed on
Oct 3, 2000
Sold by
Ostrander Daniel L and Ostrander Dawn
Bought by
Chrysler Christine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Dean Matthew T -- None Available
Dean Matthew T -- None Available
Dean Matthew T $390,000 Bidwell Title & Escrow Co
Entrust Admin Inc -- Bidwell Title & Escrow Co
Bouttote William L $383,500 Bidwell Title & Escrow Co
Sequoia Equities Craig Hall $365,000 Mid Valley Title & Escrow Co
Chrysler Christine A -- --
Chrysler Christine A -- --
Chrysler Christine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Matthew T $273,000
Previous Owner Entrust Admin Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2013 08/22/13 Sold $390,000 -4.6% $98 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $409,000 -- $103 / 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 $5,188 $478,074 $140,967 $337,107
2024 $5,188 $468,701 $138,203 $330,498
2023 $5,127 $459,512 $135,494 $324,018
2022 $5,045 $450,503 $132,838 $317,665
2021 $4,950 $441,671 $130,234 $311,437
2020 $4,936 $437,143 $128,899 $308,244
2019 $4,847 $428,572 $126,372 $302,200
2018 $4,758 $420,170 $123,895 $296,275
2017 $4,661 $411,932 $121,466 $290,466
2016 $4,254 $403,856 $119,085 $284,771
2015 $4,254 $397,791 $117,297 $280,494
2014 $4,152 $390,000 $115,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13131826

California Regional Multiple Listing Service (CRMLS)

APN: 004-105-017-000

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