B
Seller's Agent in 2018
Brandon Siewert
Century 21 Select Real Estate, Inc.
581 E 5th Ave Chico, CA 95926
Chico Vecino Neighborhood
6
Beds
5
Baths
5,568
Sq Ft
0.56
Acres
Highlights
- 24,394 Sq Ft lot
- Property is near public transit
- Laundry Room
- Chico Junior High School Rated A-
- Cooling System Mounted To A Wall/Window
- Level Lot
About This Home
As of February 2018This well-maintained apartment complex consists of nine 1-bedroom/1 bath units, and one 2 bedroom/ 1 bath unit. Each 1-bedroom unit has a fenced-in patio area with gravel landscaping, and the 2-bedroom unit has a fenced in lawn area. Complex includes 16 onsite parking spaces and shared laundry facility. Located only about 1.5 miles from downtown, this complex has great cash flow and rental history.
In the past 3-4 years most of the siding has been replaced, all windows have been retrofitted, all front doors have been replaced, and 9 out of 10 units have had new flooring, paint, and plumbing fixtures.
Last Agent to Sell the Property
Brandon Siewert
Century 21 Select Real Estate, Inc. License #01913695 Listed on: 09/25/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.56 Acre Lot
- Two or More Common Walls
- Level Lot
Home Design
- Property Attached
Interior Spaces
- 5,568 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 16 Parking Spaces
- Parking Available
- Unassigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 003444057000
Community Details
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $2,318
- Insurance Expense $1,100
- Trash Expense $935
- Water Sewer Expense $5,251
- New Taxes Expense $6,334
- Operating Expense $15,938
- Gross Income $80,068
- Net Operating Income $64,131
Additional Features
- 10 Units
- Laundry Facilities
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 |
|---|---|---|---|---|
| 02/14/2018 02/14/18 | Sold | $800,000 | -5.9% | $144 / Sq Ft |
| 10/11/2017 10/11/17 | Pending | -- | -- | -- |
| 10/04/2017 10/04/17 | Price Changed | $850,000 | -10.5% | $153 / Sq Ft |
| 09/26/2017 09/26/17 | For Sale | $950,000 | +18.8% | $171 / Sq Ft |
| 09/26/2017 09/26/17 | Off Market | $800,000 | -- | -- |
| 09/25/2017 09/25/17 | For Sale | $950,000 | -- | $171 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,888 | $909,570 | $386,859 | $522,711 |
| 2024 | $9,888 | $886,834 | $379,274 | $507,560 |
| 2023 | $9,772 | $874,446 | $371,838 | $502,608 |
| 2022 | $9,614 | $857,399 | $364,548 | $492,851 |
| 2021 | $9,435 | $840,686 | $357,400 | $483,286 |
| 2020 | $9,409 | $832,118 | $353,736 | $478,382 |
| 2019 | $9,240 | $815,900 | $346,800 | $469,100 |
| 2018 | $9,072 | $800,000 | $340,000 | $460,000 |
| 2017 | $6,942 | $611,960 | $244,800 | $367,160 |
| 2016 | $6,334 | $600,000 | $240,000 | $360,000 |
| 2015 | $5,381 | $501,557 | $193,343 | $308,214 |
| 2014 | $5,252 | $491,772 | $189,556 | $302,216 |
Source: Public Records
Agents Affiliated with this Home
-
-
Curtis Keables
Buyer's Agent in 2018
Curtis Keables
North Valley Group Real Estate
(530) 514-8053
87 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH17217379
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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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