NOT LISTED FOR SALE
24 Beds
6 Baths
8,064 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: February 3, 2022

Last sale price $995,000 $123 Per Sq Ft

23 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Central Heating and Cooling System
  • Chico Junior High School Rated A-
  • Cul-De-Sac
  • Ceiling Fan

About This Home

As of February 2022

Number 7,8, 9 A and 7,8,9 B total of 6 units.
Great location in this 6-plex consisting of 3 buildings Each building has (2) 4 bed/2 bath townhouse style units with fireplace in the living room, consisting of one bedroom and full bath downstairs and 3 bedrooms and full bath upstairs with outdoor laundry room for all tenant with 4 washer and dryer that brings in about $1000 income.
Some siding repairs needed on the siding and some inside update. Units all being rented with a long-term tenant and fully leased and close to CSUC.

Last Agent to Sell the Property

Sima Saboury

Porchlight Real Estate Brokers License #01792124 Listed on: 12/10/2021

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Density is 6-10 Units/Acre

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 8,064 Sq Ft Home
  • Ceiling Fan
  • Dining Room with Fireplace
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 24 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Located Outside
  • Leased Washer and Dryer
  • 220 Volts In Laundry

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 043162030000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $1,440
  • Insurance Expense $2,000
  • Pest Control $350
  • Trash Expense $1,200
  • Water Sewer Expense $5,000
  • New Taxes Expense $10,000
  • Operating Expense $20,590
  • Gross Income $82,500
  • Net Operating Income $61,910

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 5000.00
  • Zoning: 00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 043162030000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Dining Room, Kitchen
  • Levels: Two
  • Price Per Square Foot: 123.39
  • Room Type: All Bedrooms Up, Kitchen

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup
  • Pest Control Expense: 350.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 82500.00
  • Gross Operating Income: 82500.00
  • Gross Scheduled Income: 82500.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1000.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 61910.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Patio: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 20590.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 6.04
  • Tax Lot: 4

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
Dec 10, 2021
Closed on
Feb 1, 2022
Sold by
Bought by
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
Sandi Bauman
Chico Homes
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Outstanding Balance
$723,763
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1997
Sold by
Bought by
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
$995,000 Mid Valley Title
$192,500 Fidelity National Title Co
$227,909 Chicago Title 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
Open $796,000
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
02/03/2022 02/03/22 Sold $995,000 0.0% $123 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $995,000 -- $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
2025 $11,471 $1,055,716 $122,038 $933,678
2024 $11,471 $1,032,076 $119,646 $912,430
2023 $11,337 $1,014,840 $117,300 $897,540
2022 $3,963 $350,542 $94,778 $255,764
2021 $3,890 $343,728 $92,920 $250,808
2020 $3,879 $340,236 $91,968 $248,268
2019 $3,810 $333,624 $90,165 $243,459
2018 $3,742 $327,143 $88,398 $238,745
2017 $3,714 $320,788 $86,665 $234,123
2016 $3,397 $314,558 $84,966 $229,592
2015 $3,398 $309,879 $83,690 $226,189
2014 $3,319 $303,869 $82,051 $221,818
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21260377

California Regional Multiple Listing Service (CRMLS)
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