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

Sale Details

Date 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
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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

Amenities

  • Laundry Facilities

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

5,663 Sq Ft Lot

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

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
Jun 29, 2022
Sold by
Perak Benjamin M and Perak Cassie
Bought by

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 25, 2016
Sold by
Brumbaugh Matt
Bought by
Perak Benjamin M and Perak Cassie
Seller's Agent
Thomas Atmore
Atmore Real Estate
Buyer's Agent
Rob Haley
Keller Williams Realty Chico Area
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2011
Sold by
Brumbaugh Matt J and Brumbaugh Carrie L
Bought by
Brumbaugh Matt and Brumbaugh Carrie

Purchase Details

Closed on
Mar 16, 2007
Sold by
Brumbaugh Matt J and Brumbaugh Carrie L
Bought by
Brumbaugh Matt J and Brumbaugh Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2006
Sold by
Koche Jeffrey R
Bought by
Brumbaugh Matt J and Brumbaugh Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2005
Sold by
Hamerquist Karen
Bought by
Koche Jeffrey

Purchase Details

Closed on
Sep 28, 2004
Sold by
Barry Anita Labron and Labron Family Trust
Bought by
Koche Jeffrey R
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Campus, CA

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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
-- Richard D Hardin Inc
Perak Benjamin M $375,000 Mid Valley Title & Escrow Co
Brumbaugh Matt -- Mid Valley Title
Brumbaugh Matt J $122,500 Bidwell Title & Escrow Co
Brumbaugh Matt J $325,000 Fidelity Natl Title Co Of Ca
Koche Jeffrey -- Fidelity Natl Title Co Of Ca
Koche Jeffrey R $195,000 Fidelity Natl Title Co Of Ca
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 $258,650
Previous Owner Perak Benjamin M $281,250
Previous Owner Brumbaugh Matt J $240,900
Previous Owner Brumbaugh Matt J $245,000
Previous Owner Brumbaugh Matt J $236,000
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
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

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 $1,578 $23,778
2024 $1,961 $27,543
2023 $1,537 $22,001 $6,795 $15,206
2022 $1,961 $14,776 $3,136 $11,640
2021 $2,004 $13,652 $0 $0
2020 $1,916 $11,772 $0 $0
2019 $1,773 $10,917 $0 $0
2018 $1,739 $10,228 $0 $0
2017 $1,699 $10,479 $0 $0
2016 $1,553 $10,692 $1,250 $9,442
2014 $1,490 $6,786 $1,000 $5,786
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15107274

California Regional Multiple Listing Service (CRMLS)
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