NOT LISTED FOR SALE

Estimated Value: $655,000 - $656,950

5 Beds
4 Baths
3,100 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $676,000 $218 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,075/month

9 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Double Pane Windows
  • Chico Junior High School Rated A-
  • Bay Window
  • Built-In Features

About This Home

As of June 2022

This property is too cute!!! There was lots of love poured into this adorable 4 unit property. Amazing location just blocks to Downtown Chico, Chico State, farmer market and restaurants. The entire property has lots of character throughout featuring wood cased windows, tall baseboards, wood panel doors, molding around the doorframes and wainscoting. The 2 bedroom, 1 bath downstairs features a large living and dining room, brand new carpet, new paint, new upper kitchen cabinets and an adorable bathroom with new flooring and a freestanding tub. The second unit downstairs is a 1 bedroom, 1 bathroom and very spacious. This unit has brand new laminate flooring throughout, newer paint and an adorable updated kitchen with new floating shelves, new cabinets and countertops. The third upstairs unit is a favorite with a fun, San Francisco loft feel to it. This unit has soaring high ceilings, a large room with loft area used as the bedroom, walk-in closet, living room with a large bay window, a 3rd small room that would make a great office or work area and a spacious, open kitchen. The fourth upper unit features a 1 bedroom, 1 bathroom with a freestanding tub, living room and spacious kitchen with the tall soaring high ceilings. Other features on the property include a 2 year old roof, a large backyard with raised garden beds, 4 storage units, tons of room for parking, newer water heaters in all units and separate gas and electric meters.

Last Agent to Sell the Property

John Barroso

Parkway Real Estate Co. License #01434090 Listed on: 06/02/2022

Last Buyer's Agent

Gabe Dusharme

Re/Max of Chico License #01825956

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Front Yard

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Double Pane Windows
  • Bay Window
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5,6 / 71
  • Assessor Parcel Number 004121010000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,680
  • Trash Expense $1,332
  • Water Sewer Expense $1,080
  • Operating Expense $4,092
  • Gross Income $49,950
  • Net Operating Income $45,858

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1080.00
  • Zoning: CITY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1680.00
  • Parcel Number: 004121010000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 218.06
  • Window Features: Bay Window(s), Double Pane Windows

Exterior Features

  • Other Structures: Storage
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Parking Space

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1332.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49950.00
  • Gross Scheduled Income: 49950.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 45858.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 4092.00
  • Rent Control: No
  • Total Expenses: 4092.00

Tax Info

  • Tax Block: 71
  • Tax Census Tract: 10.00
  • Tax Lot: 5,6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Rees Robert and Rees Corinne
Bought by
Robcor Llc
Current Estimated Value
$655,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$458,050
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$197,933

Purchase Details

Closed on
Nov 22, 2022
Sold by
Robcor Llc
Bought by
Rees Corinne and Rees Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$458,050
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$197,933

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 23, 2022
Sold by
Grove Tara M
Bought by
Robcor Llc
Seller's Agent
John Barroso
Parkway Real Estate Co.
Buyer's Agent
Gabe Dusharme
Re/Max of Chico
List Price
$685,000
Sold Price
$676,000
Premium/Discount to List
-$9,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%

Purchase Details

Closed on
Aug 18, 2020
Sold by
Grove Tara M
Bought by
Grove Tara M and Grove Burke Madison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2020
Sold by
Burke Jay Blair and Grove Tara M
Bought by
Grove Tara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Lindquist Keith D and Lindquist Elizabeth A
Bought by
Burke Jay Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6.31%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Robcor Llc -- First American Title
Rees Corinne -- First American Title
Robcor Llc $695,000 Fidelity National Title
Grove Tara M $2,500 Fidelity Natl Ttl Co Of Ca
Grove Tara M -- Fidelity Natl Ttl Co Of Ca
Burke Jay Blair $365,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Corinne $474,000
Previous Owner Grove Tara M $210,000
Previous Owner Burke Jay Blair $255,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $676,000 -1.3% $218 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $685,000 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,011 $738,539 $169,793 $568,746
2024 $8,011 $723,078 $166,464 $556,614
2023 $7,916 $709,900 $163,200 $546,700
2022 $5,369 $479,106 $223,292 $255,814
2021 $5,268 $469,732 $218,914 $250,818
2020 $5,254 $464,927 $216,670 $248,257
2019 $5,159 $455,831 $212,422 $243,409
2018 $5,065 $446,913 $208,257 $238,656
2017 $4,962 $438,171 $204,174 $233,997
2016 $4,071 $386,000 $150,000 $236,000
2015 $4,133 $386,000 $150,000 $236,000
2014 $3,053 $286,000 $140,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22117949

California Regional Multiple Listing Service (CRMLS)

APN: 004-121-010-000

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