NOT LISTED FOR SALE
2 Beds
1 Bath
13,824 Sq Ft
0.76 Acre Lot

Sale Details

Date Sold: January 16, 2020

Last sale price $1,575,000 $114 Per Sq Ft

30 Days on Market

Highlights

  • 0.76 Acre Lot
  • Property is near public transit
  • Laundry Facilities
  • Chico Junior High School Rated A-
  • No HOA

About This Home

As of January 2020

***Pre-Leasing Summer 2021!*** 2 Bed 1.5 Bath (1st Ave & Mechoopda) - Don't miss out on these great 2 bedroom, 1 1/2 bathroom apartments! Enjoy the comfort of a nice shaded community courtyard and the convenience of free, off-street parking and affordable on-site laundry with mobile pay option. You'll also love living close to Chico State and downtown Chico. Reserve a unit today before it's too late!

Water, garbage and landscape services provided.

Move in dates range from June to August and vary by unit and availability.

Prefer no pets.

(RLNE3671728)

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 09/10/2019

Re/Max of Chico

Last Buyer's Agent

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 09/10/2019

Re/Max of Chico
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 33,106 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 13,824 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 71,72 / 29
  • Assessor Parcel Number 043170022000

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Professional Management Expense $9,982
  • Trash Expense $2,187
  • Water Sewer Expense $7,338
  • New Taxes Expense $21,187
  • Operating Expense $66,552
  • Gross Income $166,380
  • Net Operating Income $99,828

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0.76 Acres

Listing Details

  • Professional Management Expense: 9982.00
  • Property Attached: Yes
  • Water Sewer Expenses: 7338.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 043170022000
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 113.93

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2187.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 33106.00
  • Lot Size Acres: 0.7600

Multi Family

  • Gross Income: 166380.00
  • Gross Scheduled Income: 166380.00
  • Lot Size Area: 33106.0000 Square Feet
  • Net Operating Income: 99828.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 66552.00
  • Rent Control: No
  • Total Expenses: 66552.00

Tax Info

  • New Taxes Expense: 21187.00
  • Tax Block: 29
  • Tax Census Tract: 6.04
  • Tax Lot: 71,72

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

Closed on
May 31, 2023
Sold by
K And K Properties
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
$1,156,000
Outstanding Balance
$709,542
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2022
Sold by
Reimer Taylor Madison
Bought by
Reimer Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 2022
Sold by
Purewal Manroop and Purewal Harmony
Bought by
K And K Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 17, 2019
Sold by
Renville Lisa M
Bought by
Purewal Manroop and Purewal Harmony
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Daniel Bosch
Re/Max of Chico
List Price
$1,695,000
Sold Price
$1,575,000
Premium/Discount to List
-$120,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 2019
Sold by
Renville Allen and Renville Lisa
Bought by
Renville Lisa M

Purchase Details

Closed on
Jul 12, 2001
Sold by
Hillman Jeannette M
Bought by
Hillman Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.21%
Mortgage Type
Commercial
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

See All Agents

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
-- Stewart Title Guaranty Company
Reimer Kenneth -- Fidelity National Title
K And K Properties $2,400,000 Fidelity National Title
Purewal Manroop $1,575,000 Fidelity National Title Co
Renville Lisa M -- None Available
Hillman Albert S -- Mid Valley Title
Renville Allen $800,000 Mid Valley Title
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 $1,156,000
Previous Owner K And K Properties $1,600,000
Previous Owner Purewal Manroop $1,100,000
Previous Owner Renville Allen $150,000
Previous Owner Renville Allen $600,000
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
09/03/2026 09/03/26 Off Market -- -- --
08/26/2026 08/26/26 Rented -- -- --
12/11/2025 12/11/25 Price Changed $1,225 +4.3% $1 / Sq Ft
05/14/2025 05/14/25 Price Changed $1,175 -1.7% $1 / Sq Ft
02/26/2025 02/26/25 Price Changed $1,195 0.0% $1 / Sq Ft
02/26/2025 02/26/25 For Rent $1,195 +9.1% --
08/23/2022 08/23/22 For Rent $1,095 0.0% --
01/16/2020 01/16/20 Sold $1,575,000 -7.1% $114 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $1,695,000 -- $123 / 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
2026 $28,876 $2,546,470 $583,664 $1,962,806
2025 $28,876 $2,496,677 $572,220 $1,924,457
2024 $27,145 $2,440,860 $561,000 $1,879,860
2023 $26,827 $2,400,000 $550,000 $1,850,000
2022 $18,250 $1,622,928 $309,170 $1,313,758
2021 $17,910 $1,591,244 $303,108 $1,288,136
2020 $12,280 $1,079,228 $249,891 $829,337
2019 $12,060 $1,058,146 $244,992 $813,154
2018 $11,842 $1,037,478 $240,189 $797,289
2017 $11,729 $1,017,215 $235,480 $781,735
2016 $10,724 $997,349 $230,863 $766,486
2015 $10,725 $982,429 $227,396 $755,033
2014 $10,473 $963,264 $222,942 $740,322
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19216306

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.