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

Sale Details

Date Sold: March 30, 2015

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

70 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Customized Wheelchair Accessible
  • Chico Junior High School Rated A-
  • Accessible Parking
  • Forced Air Heating and Cooling System

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

General NONMEMBER

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 in unit
  • 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

7,841 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Mar 18, 2015
Sold by
Bought by
Seller's Agent
Bob Contreras
Re/Max of Chico
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,300
Interest Rate
0.015%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 Mid Valley Title & Escrow Co
$420,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $251,500
Previous Owner $86,300
Previous Owner $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)
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