Seller's Agent in 2024
Michael Lee
Ryno Company
(530) 570-3222
1 in this area
6 Total Sales
494 E 5th St Chico, CA 95928
East Streets Neighborhood
7
Beds
6
Baths
4,025
Sq Ft
8,712
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Property is near public transit
- Corner Lot
- Parkview Elementary School Rated A-
- Victorian Architecture
- 5-minute walk to City Plaza
About This Home
As of December 2024Welcome to 494 E. 5th Street, a unique and meticulously renovated historic property comprising a stunning period styled triplex and two additional detached dwelling units, totaling five units altogether.
During the recent period-appropriate renovation no expense were spared. The upgrades include brand-new roofs, electrical and plumbing systems, energy-efficient mini splits with heat pumps, elegant granite counters, custom doors and windows, modern appliance packages, a charming porch, and an inviting overhang – all enhancing the property's allure. Units have indoor laundry.
This exceptional property boasts a prime location, situated right on the edge of the renowned GOLDEN TRIANGLE – Chico's most sought-after downtown residential area. The Golden Triangle is synonymous with luxurious living and offers unparalleled convenience to tenants. Residents can easily walk to a myriad of dining options, shopping destinations, and vibrant nightlife downtown. Additionally, Bidwell Park beckons with its recreational activities like biking, walking, and swimming, providing an ideal escape into nature.
Key Features:
• New roof
• New electrical & plumbing
• New mini splits w/ heat pump
• Tankless hot water heaters
• New kitchens, baths etc w/ granite counters
• New doors and custom windows
• New porch, overhangs, and skirting
Seller may finance, terms negotiable. Upstairs has potential for development of additional units, buyer to investigate.
Last Agent to Sell the Property
Ryno Company Brokerage Phone: 5305703222 License #02216710 Listed on: 02/09/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1881 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Corner Lot
- Rectangular Lot
- Private Yard
- Front Yard
Home Design
- Triplex
- Victorian Architecture
- Entry on the 1st floor
- Raised Foundation
- Composition Roof
Interior Spaces
- 4,025 Sq Ft Home
- 1-Story Property
- Built-In Features
- Wainscoting
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Awning
- Wood Frame Window
- Casement Windows
- Window Screens
- Living Room
- Storage
- Neighborhood Views
Kitchen
- Galley Kitchen
- Gas Oven
- Self-Cleaning Oven
- Gas Range
- Free-Standing Range
- Range Hood
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Granite Countertops
- Laminate Countertops
- Disposal
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Suite
- 6 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Up Slope from Street
- Gravel Driveway
- Driveway Level
- On-Street Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Utilities
- High Efficiency Air Conditioning
- Zoned Cooling
- Heat Pump System
- Vented Exhaust Fan
- Natural Gas Connected
- High-Efficiency Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 8 / C
- Assessor Parcel Number 004176005000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 5 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,800
- Insurance Expense $2,500
- Maintenance Expense $2,500
- Professional Management Expense $4,971
- Trash Expense $1,200
- Water Sewer Expense $2,500
- Operating Expense $33,089
- Gross Income $99,060
- Net Operating Income $63,870
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $1,180,000 | -8.9% | $293 / Sq Ft | |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- | |
| 08/14/2024 08/14/24 | For Sale | $1,295,000 | +9.7% | $322 / Sq Ft | |
| 07/19/2024 07/19/24 | Off Market | $1,180,000 | -- | -- | |
| 02/09/2024 02/09/24 | For Sale | $1,395,000 | +142.6% | $347 / Sq Ft | |
| 07/28/2021 07/28/21 | Sold | $575,000 | -4.0% | $185 / Sq Ft | View Prior Sale |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- | |
| 05/13/2021 05/13/21 | For Sale | $599,000 | 0.0% | $192 / Sq Ft | |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- | |
| 12/22/2020 12/22/20 | Price Changed | $599,000 | -3.4% | $192 / Sq Ft | |
| 12/03/2020 12/03/20 | Price Changed | $620,000 | -4.6% | $199 / Sq Ft | |
| 10/21/2020 10/21/20 | Price Changed | $650,000 | -6.5% | $209 / Sq Ft | |
| 10/09/2020 10/09/20 | Price Changed | $695,000 | -2.1% | $223 / Sq Ft | |
| 07/22/2020 07/22/20 | For Sale | $710,000 | -- | $228 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michael Lee
-
Ryan Vaught
Seller Co-Listing Agent in 2024
Ryan Vaught
Ryno Company
(530) 343-2959
1 in this area
15 Total Sales
-
Matt Depa
Buyer's Agent in 2024
Matt Depa
Capital Rivers Commercial Inc
(530) 514-6288
3 in this area
38 Total Sales
-
D
Seller's Agent in 2021
Darcy White
Coldwell Banker C&C Properties
-
G
Buyer's Agent in 2021
Greg Hansen
Ryno Company
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24027906
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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