NOT LISTED FOR SALE
10 Beds
10 Baths
5,110 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: April 3, 2019

Last sale price $575,000 $113 Per Sq Ft

20 Days on Market

Highlights

  • 0.46 Acre Lot
  • Front Yard
  • 4-minute walk to Bedrock Park

About This Home

As of April 2019

Recently updated 10 unit apartment complex in the heart of downtown. Features include large one bedroom units, private yards, low vacancy rate, off street parking, security fencing, as well as all buildings being one level. This property is a must see.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 02/14/2019

Re/Max of Chico

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 20,038 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 5,110 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 012063006000

Community Details

Overview

  • 3 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 11 Separate Electric Meters
  • 10 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $3,000
  • Other Expense $85
  • Pest Control $780
  • Professional Management Expense $4,998
  • Trash Expense $2,700
  • Water Sewer Expense $3,000
  • New Taxes Expense $6,500
  • Operating Expense $21,578
  • Gross Income $5,600
  • Net Operating Income $45,622

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.46 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4998.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: R2M
  • Property Type: Residential Income
  • Parcel Number: 012063006000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 112.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Laundry: No
  • Pest Control Expense: 780.00
  • Sewer: Public Sewer
  • Trash Expense: 2700.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 20038.00
  • Lot Size Acres: 0.4600

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 5600.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 20038.0000 Square Feet
  • Net Operating Income: 45622.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 10
  • Operating Expense: 21578.00
  • Other Expense: 85.00
  • Other Expense Description: Fire Ext
  • Rent Control: Yes
  • Total Expenses: 21578.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 28.00

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
Dec 27, 2019
Sold by
Bought by

Purchase Details

Listed on
Feb 14, 2019
Closed on
May 28, 2019
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 1, 2019
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Purchase Details

Closed on
Jun 14, 2017
Sold by
Bought by

Purchase Details

Listed on
May 19, 2016
Closed on
Jul 5, 2016
Sold by
Bought by
Seller's Agent
Kenneth Winslow
Re/Max of Chico
Buyer's Agent
Kenneth Winslow
Re/Max of Chico
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Old Republic Title Company
$575,000 Multiple
$575,000 Bidwell Title & Escrow Co
-- None Available
$360,000 Mid Valley Title & Escrow Co
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 $60,000
Previous Owner $306,000
Previous Owner $105,000
Previous Owner $125,000
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 Prior Sale
04/03/2019 04/03/19 Sold $575,000 -3.4% $113 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $595,000 -8.5% $116 / Sq Ft
02/14/2019 02/14/19 For Sale $650,000 +80.6% $127 / Sq Ft
07/11/2016 07/11/16 Sold $360,000 -7.5% $70 / Sq Ft View Prior Sale
05/24/2016 05/24/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $389,000 -- $76 / 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 $9,048 $640,841 $195,213 $445,628
2024 $9,048 $623,375 $191,386 $431,989
2023 $9,098 $616,153 $187,634 $428,519
2022 $8,683 $604,170 $183,955 $420,215
2021 $8,488 $592,423 $180,349 $412,074
2020 $8,300 $586,400 $178,500 $407,900
2019 $5,996 $374,422 $57,222 $317,200
2018 $5,849 $367,140 $56,100 $311,040
2017 $5,716 $360,000 $55,000 $305,000
2016 $3,819 $191,997 $34,993 $157,004
2015 $3,657 $189,159 $34,468 $154,691
2014 $3,473 $185,513 $33,793 $151,720
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19034677

California Regional Multiple Listing Service (CRMLS)
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