NOT LISTED FOR SALE

650 Fairview Ave Corning, CA 96021

8 Beds
4 Baths
3,000 Sq Ft
0.66 Acres

Last Sold May 18, 2015

Last sale price $1,050,000 $350 Per Sq Ft

13 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2015

Great 24 unit complex comprised of all 2 bedroom units

Last Agent to Sell the Property

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 01/20/2015

Last Buyer's Agent

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 01/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,689

Year Built

  • Built in 1973

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions: 75

Home Design

  • Colonial Architecture

Parking

  • 24 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 071-091-12-1

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 24 Units

Building Details

  • 24 Leased Units
  • 24 Units Leased Month-To-Month
  • Insurance Expense $7,200
  • Operating Expense $74,737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,689

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1973
  • Accessibility Features: 0
  • Architectural Style: Colonial
  • Stories: 2
  • Number of Two Bedroom Units: 24
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Cement Siding,Frame,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 1125000.00
  • Patio And Porch Features: Uncovered Deck,Uncovered Patio
  • Roof: Composition,Flat

Garage/Parking

  • Open Parking Spaces: 24
  • Parking Features: Open,1 Space Per Unit

Utilities

  • Security: See Remarks
  • Cooling: Central
  • Heating: Central
  • Utilities Expenses: 20448

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: MF
  • Lot Size Acres: 0.6600
  • Lot Dimensions: 200x143.75
  • Lot Size Sq Ft: 28750

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 24

Multi Family

  • Gross Income: 184320
  • Operating Expense: 74737
  • Income Includes: Coin Operated Equipment,Laundry
  • Existing Lease Type: See Remarks
  • Insurance Expense: 7200
  • Number of Leased Units: 24
  • Number of Month to Month Units: 24
  • Number of Units: 24
  • Units Furnished: None
  • Gross Income Multiplier: 6.100

Tax Info

  • Assessor Parcel Number: 071-091-12-1
  • Current RE Taxes: 11689

MLS Schools

  • School District (County): Tehama

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $1,050,000 -6.7% $350 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $1,125,000 -- $375 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15003505

MetroList