NOT LISTED FOR SALE

528 Ohio St Unit 5 Gridley, CA 95948

Estimated Value: $287,000 - $340,000

4 Beds
2 Baths
1,880 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $200,000 $106 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,994/month

17 Days on Market

Highlights

  • No Units Above
  • Lawn
  • Laundry Room
  • Gridley High School Rated A-

About This Home

As of September 2019

Excellent investment opportunity! Duplex, consisting of two (2) one (2) bedroom units. Each has private laundry. Both units are currently rented which makes for an easy turn key operation.

Last Agent to Sell the Property

Joe Busch

Re/Max of Chico License #01281615 Listed on: 07/15/2019

Re/Max of Chico

Last Buyer's Agent

Non-Member Agent CHICO

Non-Member Office CHICO License #99999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1942

Lot Details

  • 4,792 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Rural Setting
  • Lawn

Home Design

  • Property Attached

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 3 / 11
  • Assessor Parcel Number 009201019000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,015
  • Water Sewer Expense $420
  • New Taxes Expense $681
  • Operating Expense $2,116
  • Gross Income $15,600
  • Net Operating Income $13,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,430

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 420.00
  • Property Type: Residential Income
  • Parcel Number: 009201019000
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 106.38

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 15600.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 1015.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 13484.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2116.00
  • Rent Control: No
  • Total Expenses: 2116.00

Tax Info

  • New Taxes Expense: 681.00
  • Tax Block: 11
  • Tax Census Tract: 35.01
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 4, 2019
Sold by
King Robert H and King Robert Hunter
Bought by
Ishimoto Gregory
Seller's Agent
Joe Busch
Re/Max of Chico
Buyer's Agent
Non-Member Agent CHICO
Non-Member Office CHICO
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Total Days on Market
17
Current Estimated Value
$319,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,021
Avg. Annual Appreciation
8.46%
Original Mortgage
$100,000
Outstanding Balance
$88,524
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,497

Purchase Details

Closed on
Jun 13, 2019
Sold by
King Robert H
Bought by
Robert H King Revocable Trust

Purchase Details

Closed on
Dec 6, 2017
Sold by
Munson Daniel J
Bought by
Munson Daniel J and The D J Munson 2017 Trust
Source: Public Records

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Range of Values:

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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
Ishimoto Gregory $200,000 Bidwell Title & Escrow Co
Robert H King Revocable Trust -- None Available
Munson Daniel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishimoto Gregory $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $200,000 +0.5% $106 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $199,000 -- $106 / 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
2024 $2,430 $214,435 $91,134 $123,301
2023 $2,417 $210,232 $89,348 $120,884
2022 $2,268 $206,111 $87,597 $118,514
2021 $2,215 $202,071 $85,880 $116,191
2020 $2,212 $200,000 $85,000 $115,000
2019 $668 $56,321 $15,745 $40,576
2018 $657 $55,218 $15,437 $39,781
2017 $681 $54,136 $15,135 $39,001
2016 $657 $53,076 $14,839 $38,237
2015 $752 $52,280 $14,617 $37,663
2014 $744 $51,257 $14,331 $36,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19168932

California Regional Multiple Listing Service (CRMLS)

APN: 009-201-019-000