NOT LISTED FOR SALE
3 Beds
1 Bath
1,650 Sq Ft
5,663 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $375,000 $227 Per Sq Ft

303 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Rectangular Lot
  • Chico Junior High School Rated A-

About This Home

As of April 2016

Awesome College rental - The front house is a 3 bedroom that rents for $1600/mo and the back house is a 2 bedroom that rents for $1050/mo.
Both units are currently leased through May 31, 2016. Both units have consistently been rented for the past several years. Both units have Granite counters, wood and tile floors, laundry hook-ups, and quality fixtures.

Last Agent to Sell the Property

Thomas Atmore

Atmore Real Estate License #01059558 Listed on: 03/09/2016

Last Buyer's Agent

Rob Haley

Keller Williams Realty Chico Area License #01952160

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Parking Spaces

Home Design

  • 1,650 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 004271005000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Maintenance Expense $500
  • Professional Management Expense $2,226
  • Water Sewer Expense $600
  • Gross Income $2,650
  • Net Operating Income $27,674

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Professional Management Expense: 2226.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 004271005000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 227.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 66.22
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5663.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 27674.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4126.00
  • Rent Control: No

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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
04/28/2016 04/28/16 Sold $375,000 -11.8% $227 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
05/18/2015 05/18/15 For Sale $425,000 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,850 $443,916 $189,404 $254,512
2024 $4,850 $435,213 $185,691 $249,522
2023 $4,793 $426,680 $182,050 $244,630
2022 $4,718 $418,315 $178,481 $239,834
2021 $4,626 $410,114 $174,982 $235,132
2020 $4,615 $405,910 $173,188 $232,722
2019 $4,535 $397,952 $169,793 $228,159
2018 $4,451 $390,150 $166,464 $223,686
2017 $4,357 $382,500 $163,200 $219,300
2016 $3,507 $330,000 $165,000 $165,000
2015 $3,559 $330,000 $165,000 $165,000
2014 $3,441 $320,000 $165,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15107274

California Regional Multiple Listing Service (CRMLS)