NOT LISTED FOR SALE
4 Beds
3 Baths
2,099 Sq Ft
7,841 Sq Ft Lot

Last Sold March 30, 2015

Last sale price $320,000 $152 Per Sq Ft

70 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Accessible Parking
  • Chico Junior High School Rated A-
  • Laundry Room
  • Customized Wheelchair Accessible

About This Home

As of March 2015

INCOME PROPERTY CLOSE TO CSUC AND DOWNTOWN CHICO! CHARMING 2 BEDROOM HOUSE WITH BUILT-INS, SPACIOUS LIVING ROOM AND "FULL BASEMENT", PLUS A DETACHED DUPLEX WITH 1 BEDROOM, 1 BATH EACH UNITS WITH OPEN FLOOR PLANS, TILE KITCHEN COUNTERS, INDIVIDUAL LAUNDRY HOOK-UPS. PLUS DESIGNATED ALLEY PARKING. TOTAL RENTS ARE $2450 MONTH FOR AN ANNUAL INCOME OF $29,400!!

Last Agent to Sell the Property

Bob Contreras

Re/Max of Chico License #01094252 Listed on: 12/10/2014

Re/Max of Chico

Co-Listed By

Marty Luger

Re/Max of Chico License #00889146

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51 x 149
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Contemporary Architecture
  • Bungalow
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,099 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Neighborhood Views
  • Gas Range
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessible Parking

Utilities

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

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 20
  • Assessor Parcel Number 003011020000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,320
  • Insurance Expense $1,200
  • Pest Control $378
  • Professional Management Expense $2,952
  • Trash Expense $968
  • Water Sewer Expense $3,120
  • New Taxes Expense $4,375
  • Gross Income $2,450
  • Net Operating Income $15,087

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Professional Management Expense: 2952.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3120.00
  • Zoning: R-3
  • Architectural Style: Bungalow, Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 003011020000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Pantry, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking, Customized Wheelchair Accessible
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 152.45
  • Room Type: Basement

Exterior Features

  • Foundation: Slab, Raised
  • View: Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Unassigned, Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Gas Range, Water Heater
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Washer Hookup
  • Pest Control Expense: 378.00
  • Trash Expense: 968.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size: 51 X 149
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 15087.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 14313.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Lot: 20
  • Tax Year: 2014

Range of Values:

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Value Increase
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Percent Increase
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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
03/30/2015 03/30/15 Sold $320,000 -8.6% $152 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $350,000 -- $167 / 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 $4,185 $384,585 $144,218 $240,367
2024 $4,185 $377,045 $141,391 $235,654
2023 $4,135 $369,653 $138,619 $231,034
2022 $4,068 $362,405 $135,901 $226,504
2021 $3,991 $355,300 $133,237 $222,063
2020 $3,980 $351,658 $131,871 $219,787
2019 $3,908 $344,764 $129,286 $215,478
2018 $3,837 $338,004 $126,751 $211,253
2017 $3,758 $331,377 $124,266 $207,111
2016 $3,431 $324,880 $121,830 $203,050
2015 $3,324 $310,000 $115,000 $195,000
2014 $2,619 $245,000 $115,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14260927

California Regional Multiple Listing Service (CRMLS)