NOT LISTED FOR SALE

Estimated Value: $498,000 - $621,000

2 Beds
1 Bath
2,890 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2017

Last sale price $360,000 $125 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,273 / mo

76 Days on Market

Highlights

  • Property is near public transit
  • Central Heating
  • Level Lot
  • Chico Junior High School Rated A-

About This Home

As of June 2017

Solid income property just blocks from Chico State University. Comprised of four 2 bedroom/1 bath apartment units, this property has tremendous rental history and is a turn-key investment. Adding to the appeal of the property is the fact that building has low maintenance stucco exterior, off street tenant parking and units are connected to city services as well. Cash flow from day one!

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 11/16/2016

Re/Max of Chico

Last Buyer's Agent

David Bronson

People's Choice Brokers License #01405631

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 2,890 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Parking Available
  • Unassigned Parking

Additional Features

  • Property is near public transit
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 043180030000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $37,356

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 043180030000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 124.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Level, Near Public Transit
  • Lot Size Sq Ft: 9148.00

Multi Family

  • Gross Income: 37356.00
  • Gross Scheduled Income: 37356.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6.04

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
Nov 16, 2016
Closed on
May 17, 2017
Sold by
Livin Castaldo Sam L and Livin Sam L Castaldo Revocable
Bought by
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
David Bronson
People's Choice Brokers
List Price
$379,500
Sold Price
$360,000
Premium/Discount to List
-$19,500
-5.14%
Current Estimated Value
$519,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,796
Avg. Annual Appreciation
4.76%
Original Mortgage
$270,000
Outstanding Balance
$125,934
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$428,100

Purchase Details

Closed on
Apr 16, 2013
Sold by
Castaldo Sam
Bought by
Castaldo Sam L and Sam L Castaldo Revocable Living Trust

Purchase Details

Closed on
Mar 19, 2003
Sold by
Krc Properties
Bought by
Castaldo Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.79%

Purchase Details

Closed on
Feb 18, 2003
Sold by
Cooper Harriet E
Bought by
Krc Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.79%

Purchase Details

Closed on
May 13, 2002
Sold by
Joiner Larry Lee and Joiner Darlene K
Bought by
Cooper Harriet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.94%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Mccrady Michael W
Bought by
Joiner Larry Lee and Joiner Darlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.19%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Weinreich Gary L
Bought by
Mccrady Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.35%

Purchase Details

Closed on
Nov 4, 1999
Sold by
Weinreich Gary L and Weinreich Marc S
Bought by
Weinreich Gary L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chico Vecino, CA

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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
$360,000 Bidwell Title & Escrow Co
Castaldo Sam L -- None Available
Castaldo Sam $320,000 Bidwell Title & Escrow Co
Krc Properties $130,500 --
Cooper Harriet E $265,000 Bidwell Title & Escrow Compa
Joiner Larry Lee $190,000 Bidwell Title
Mccrady Michael W $160,000 Bidwell Title & Escrow Compa
Weinreich Gary L $160,000 --
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
Open $270,000
Previous Owner Castaldo Sam $256,000
Previous Owner Cooper Harriet E $212,000
Previous Owner Joiner Larry Lee $142,500
Previous Owner Mccrady Michael W $120,000
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
06/01/2017 06/01/17 Sold $360,000 -3.9% $125 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
03/16/2017 03/16/17 Price Changed $374,500 -1.3% $130 / Sq Ft
02/10/2017 02/10/17 For Sale $379,500 -- $131 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
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
2026 $4,858 $425,976 $147,972 $278,004
2025 $4,557 $417,644 $145,071 $272,573
2024 $4,557 $408,476 $142,227 $266,249
2023 $4,503 $401,468 $139,439 $262,029
2022 $4,431 $393,616 $136,705 $256,911
2021 $4,348 $385,919 $134,025 $251,894
2020 $4,336 $381,973 $132,651 $249,322
2019 $4,258 $374,503 $130,050 $244,453
2018 $4,181 $367,180 $127,500 $239,680
2017 $4,444 $395,000 $125,000 $270,000
2016 $3,615 $345,000 $110,000 $235,000
2015 $3,350 $315,000 $105,000 $210,000
2014 $3,069 $290,000 $100,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16748282

California Regional Multiple Listing Service (CRMLS)

APN: 043-180-030-000

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