NOT LISTED FOR SALE

Estimated Value: $621,000 - $1,011,000

16 Beds
8 Baths
5,376 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $980,000 $182 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,609/month

13 Days on Market

Highlights

  • Main Floor Bedroom
  • End Unit
  • No HOA
  • Chico Junior High School Rated A-
  • Granite Countertops
  • Cul-De-Sac

About This Home

As of October 2021

Well maintained and updated 4-plex consisting of 2 buildings (5 & 6 Klondike Ct.) Each building has (2) 4 bed/2 bath townhouse style units consisting of one bedroom and full bath downstairs and 3 bedrooms and full bath upstairs. The units have been updated with granite counter tops, stainless appliances, tile floors downstairs, recessed lighting, ceiling fans in all bedrooms, remodeled baths with tile surrounds and tile floors, and updated fixtures. Other improvements include refurbished balconies and some newer HVAC's. Fully leased and close to CSUC.

Last Agent to Sell the Property

Lori Akers

Parkway Real Estate Co. License #01081260 Listed on: 08/30/2021

Parkway Real Estate Co.

Last Buyer's Agent

Cindy Haskett

Century 21 Select Paradise License #01261934

Century 21 Select Paradise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,286

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 5,376 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Granite Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Main Floor Bedroom
  • 8 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Uncovered Parking
  • Parking Lot
  • Unassigned Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 3
  • Assessor Parcel Number 043162028000
  • $915 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,304
  • Pest Control $360
  • Professional Management Expense $5,433
  • Trash Expense $1,522
  • Water Sewer Expense $3,600
  • New Taxes Expense $10,865
  • Operating Expense $24,084
  • Gross Income $77,616
  • Net Operating Income $53,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,286

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.30
  • Inclusions: Appliances
  • Price Per Unit: 248750
  • Professional Management Expense: 5433.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: 00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 043162028000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 182.29
  • Room Type: Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Unassigned, Uncovered

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Community
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Trash Expense: 1522.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 77616.00
  • Gross Multiplier: 12.80
  • Gross Operating Income: 77616.00
  • Gross Scheduled Income: 77616.00
  • Insurance Expense: 2304.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 53532.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 24084.00
  • Rent Control: No
  • Total Expenses: 24084.00

Tax Info

  • New Taxes Expense: 10865.00
  • Tax Census Tract: 6.04
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 915.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 7, 2021
Sold by
Rudolph Richard and Rudolph Monica
Bought by
Hubbard Thomas K and The Thomas K Hubbard Living Tr
Seller's Agent
Lori Akers
Parkway Real Estate Co.
Buyer's Agent
Cindy Haskett
Century 21 Select Paradise
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Current Estimated Value
$880,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,527
Avg. Annual Appreciation
-4.04%
Original Mortgage
$480,000
Outstanding Balance
$373,770
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$458,929

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 29, 2017
Sold by
Littell William F and Littell Judith A
Bought by
Rudolph Richard and Rudolph Monica
Seller's Agent
Lori Akers
Parkway Real Estate Co.
Buyer's Agent
Lori Akers
Parkway Real Estate Co.
List Price
$635,000
Sold Price
$672,000
Premium/Discount to List
$37,000
5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$310,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1999
Sold by
Littell William F and Littell Judith A
Bought by
Littell William F and Littell Judith A

Purchase Details

Closed on
Dec 8, 1997
Sold by
Ellen B M and Ellen Phyllis
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 1997
Sold by
Federal National Mortgage Association
Bought by
Littell William and Littell Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1997
Sold by
Ellen B M and Ellen Phyllis
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Hubbard Thomas K $980,000 Mid Valley Title & Escrow Co
Rudolph Richard $672,000 Mid Valley Title & Escrow Co
Littell William F -- --
Federal National Mortgage Association $192,620 Bidwell Title Escrow
Littell William $145,000 Bidwell Title & Escrow Compa
Federal National Mortgage Association $192,620 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Thomas K $480,000
Previous Owner Rudolph Richard $310,000
Previous Owner Littell William $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $980,000 -1.5% $182 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $995,000 +48.1% $185 / Sq Ft
10/13/2017 10/13/17 Sold $672,000 +5.8% $125 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $635,000 -- $118 / 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 $11,286 $1,039,860 $206,935 $832,925
2024 $11,286 $1,017,511 $202,878 $814,633
2023 $11,153 $999,560 $198,900 $800,660
2022 $10,977 $980,000 $195,000 $785,000
2021 $7,927 $706,289 $136,653 $569,636
2020 $7,905 $699,068 $135,252 $563,816
2019 $7,763 $685,400 $132,600 $552,800
2018 $7,621 $672,000 $130,000 $542,000
2017 $2,479 $213,849 $63,275 $150,574
2016 $2,268 $209,696 $62,035 $147,661
2015 $2,268 $206,578 $61,104 $145,474
2014 $2,215 $202,572 $59,908 $142,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21191597

California Regional Multiple Listing Service (CRMLS)

APN: 043-162-028-000