NOT LISTED FOR SALE

Estimated Value: $554,000 - $828,973

6 Beds
4 Baths
2,400 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $425,000 $177 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,247/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Carpet
  • Chico Junior High School Rated A-
  • Space Heater
  • Front Yard

About This Home

As of January 2014

Hard to find 4plex in the college market. Excellent rental history, on site laundry and extra storage. Close to CSUC.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/15/2014

Re/Max of Chico

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,681

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 2,400 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 004216003000

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $540
  • Water Sewer Expense $1,440
  • New Taxes Expense $4,250
  • Gross Income $3,140
  • Net Operating Income $30,450

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,681

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 004216003000
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 177.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Space Heater
  • Laundry Features: Community
  • Trash Expense: 540.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 3140.00
  • Gross Scheduled Income: 37680.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 30450.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7230.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4250.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2018
Sold by
Sampson Thomas J and Sampson Maureen A
Bought by
Mtb Properties Llc
Current Estimated Value
$689,372

Purchase Details

Listed on
Jan 15, 2014
Closed on
Dec 11, 2013
Sold by
Schiff Randall J and Randall J Schiff Trust
Bought by
The 2006 Thomas J Sampson & Maureen A Sa
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
John Barroso
Parkway Real Estate Co.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Sep 14, 2005
Sold by
Schiff Randall J
Bought by
Schiff Randall J and Randall C Schiff Trust

Purchase Details

Closed on
Apr 27, 2005
Sold by
Gough Julie and Gough Erik
Bought by
Schiff Randall J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2003
Sold by
Hill Wesley Dwight and Hill Jeanna Mari
Bought by
Gough Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Ruby Lawrence L and Ruby Diane
Bought by
Hill Wesley Dwight
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mtb Properties Llc -- None Available
Sampson Thomas J -- None Available
The 2006 Thomas J Sampson & Maureen A Sa $425,000 Mid Valley Title & Escrow Co
Schiff Randall J $39,000 Mid Valley Title & Escrow Co
Schiff Randall J $390,000 Mid Valley Title & Escrow Co
Gough Erik $332,000 Fidelity Natl Title Of Ca
Hill Wesley Dwight $132,000 Fidelity Natl Title Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiff Randall J $253,500
Previous Owner Gough Erik $249,000
Previous Owner Ruby Lawrence L $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $425,000 0.0% $177 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $425,000 -- $177 / 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 $5,681 $520,981 $214,520 $306,461
2024 $5,681 $510,766 $210,314 $300,452
2023 $5,615 $500,752 $206,191 $294,561
2022 $5,527 $490,935 $202,149 $288,786
2021 $5,420 $481,310 $198,186 $283,124
2020 $5,407 $476,375 $196,154 $280,221
2019 $5,312 $467,035 $192,308 $274,727
2018 $5,214 $457,879 $188,538 $269,341
2017 $5,105 $448,902 $184,842 $264,060
2016 $4,662 $440,101 $181,218 $258,883
2015 $4,661 $433,491 $178,496 $254,995
2014 $2,824 $262,000 $150,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14009627

California Regional Multiple Listing Service (CRMLS)

APN: 004-216-003-000