NOT LISTED FOR SALE

739 Fir St Paradise, CA 95969

Estimated Value: $275,107

5 Beds
5 Baths
3,080 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $223,500 $73 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,537/month

20 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Mountainous Community
  • Wood Flooring
  • Laundry Room
  • Partially Fenced Property

About This Home

As of January 2017

#1305 Fantastic location and income potential on this 1/2 Commercial 1/2 Residential property! This property is comprised of 2 Commercial units and 2 Residential units. The Commercial building includes 2 side by side units with street front access each measuring approx. 540 sq. ft. and each have their own beautifully renovated 1/2 bath. Both units have been newly updated and the exterior was just painted! Plenty of parking both in front and behind the units. Great curb appeal! Behind the Commercial units you'll find the duplex with a 1 bedroom 1 bath unit measuring approx. 680 sq. ft. and a 2 bedroom 2 bath unit measuring approx. 1320 sq. ft. The residential units are separated by a carport, so no shared walls! Residential units have also recently been renovated and have wood floors, new garbage disposals, some updating in bathrooms and a brand new roof was put on June of 2016. Both units also come with their own refrigerator and washer and have both electric and gas dryer hookups. The detached garage has been converted to sectioned storage providing each Residential unit with a 10x12 locked storage area available to them. Excellent location, right downtown, and close to public transport!

Last Agent to Sell the Property

Christina Souther

Re/Max of Chico License #01984572 Listed on: 10/24/2016

Re/Max of Chico

Last Buyer's Agent

Chari Bullock

American Homes and Land License #01426229

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $455

Year Built

  • Built in 1946

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Partially Fenced Property
  • Density is 2-5 Units/Acre

Home Design

  • 3,080 Sq Ft Home
  • Duplex

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Conventional Septic

Additional Features

  • Gas Range
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 052141011000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,053
  • Other Expense $1,657
  • Trash Expense $396
  • Water Sewer Expense $480
  • Operating Expense $4,586
  • Gross Income $23,566
  • Net Operating Income $23,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$455

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerators, washers
  • Property Attached: Yes
  • Water Sewer Expenses: 480.00
  • Zoning: CB
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 052141011000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 72.56

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, In Kitchen, Washer Included
  • Sewer: Conventional Septic
  • Trash Expense: 396.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 680 Square Feet
  • Average2 Bed Area: 1320 Square Feet
  • Average Studio Area: 540 Square Feet
  • Gross Income: 23566.00
  • Gross Scheduled Income: 28152.00
  • Insurance Expense: 2053.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 23566.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 4586.00
  • Other Expense: 1657.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Expenses: 4586.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2015
Sold by
Mid Valley Title & Escrow Company
Bought by
Harris Sien Megan D and Sien David J
Current Estimated Value
$275,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$92,073
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$182,034

Purchase Details

Closed on
Mar 2, 2015
Sold by
Bohrer Michael
Bought by
Harris Sien Megan D and Sien David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$92,073
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$182,034

Purchase Details

Closed on
Nov 5, 2002
Sold by
Shults Justin and Shults Danelle
Bought by
Bohrer Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 1997
Sold by
Tolle John J and Tolle Kay K
Bought by
Shults Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.23%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Harris Sien Megan D -- Mid Valley Title & Escrow Co
Harris Sien Megan D $150,000 Mid Valley Title & Escrow Co
Bohrer Michael $59,000 Mid Valley Title & Escrow Co
Shults Justin $100,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Sien Megan D $120,000
Previous Owner Bohrer Michael $67,200
Previous Owner Bohrer Michael $25,000
Previous Owner Shults Justin $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2017 01/05/17 Sold $223,500 +2.1% $73 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $219,000 -- $71 / 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 $455 $35,000 $35,000 --
2024 $455 $35,000 $35,000 $0
2023 $462 $35,000 $35,000 $0
2022 $353 $25,000 $25,000 $0
2021 $352 $25,000 $25,000 $0
2020 $342 $25,000 $25,000 $0
2019 $425 $33,000 $33,000 $0
2018 $2,463 $227,970 $56,100 $171,870
2017 $1,714 $155,330 $56,954 $98,376
2016 $1,657 $152,286 $55,838 $96,448
2015 $1,694 $156,047 $60,247 $95,800
2014 $1,377 $115,000 $45,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16732642

California Regional Multiple Listing Service (CRMLS)

APN: 052-141-011-000