A
Seller's Agent in 2014
Adam Pearce
Adam Pearce, Broker
(530) 624-0618
16 Total Sales
18
Beds
8
Baths
7,162
Sq Ft
0.28
Acres
About This Home
As of November 2014Well-maintained 8 unit apartment complex in central Chico location! Units have huge bedrooms and convenient parking access, making the property easy to rent. Units 1, 5, and 8 have potential for increased rent with the right updates. Other units have been recently updated with hardwood laminate, new carpet, and paint. New HVAC unit in unit #5 in July.
Last Agent to Sell the Property
Adam Pearce, Broker License #01890178 Listed on: 10/01/2014
Last Buyer's Agent
Sarah Nielsen
Independent Realty Group License #01459113
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.28 Acre Lot
- Two or More Common Walls
- Density is 31-35 Units/Acre
Home Design
- 7,162 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 18 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Assessor Parcel Number 003421030000
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Insurance Expense $2,200
- Maintenance Expense $22,948
- Professional Management Expense $4,454
- Trash Expense $417
- Water Sewer Expense $4,248
- New Taxes Expense $6,600
- Gross Income $6,050
- Net Operating Income $30,984
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2014 11/07/14 | Sold | $600,000 | -4.8% | $84 / Sq Ft |
| 10/15/2014 10/15/14 | Pending | -- | -- | -- |
| 10/01/2014 10/01/14 | For Sale | $630,000 | -- | $88 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,860 | $723,106 | $222,339 | $500,767 |
| 2024 | $7,860 | $706,968 | $217,980 | $488,988 |
| 2023 | $7,768 | $695,106 | $213,706 | $481,400 |
| 2022 | $7,642 | $681,516 | $209,516 | $472,000 |
| 2021 | $7,499 | $668,193 | $205,408 | $462,785 |
| 2020 | $7,478 | $661,363 | $203,302 | $458,061 |
| 2019 | $7,344 | $648,435 | $199,316 | $449,119 |
| 2018 | $6,591 | $580,963 | $195,408 | $385,555 |
| 2017 | $6,457 | $569,612 | $191,577 | $378,035 |
| 2016 | $6,447 | $611,149 | $187,821 | $423,328 |
| 2015 | $6,448 | $602,000 | $185,000 | $417,000 |
| 2014 | $6,099 | $572,000 | $150,000 | $422,000 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Pearce
-
S
Buyer's Agent in 2014
Sarah Nielsen
Independent Realty Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH14216420
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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