NOT LISTED FOR SALE
11 Beds
5 Baths
4,144 Sq Ft
8,276 Sq Ft

Last Sold March 07, 2022

Last sale price $550,000 $133 Per Sq Ft

224 Days on Market

About This Home

As of March 2022

Great investment near CSUC with easy commute to downtown restaurants and shopping! This five unit complex features a 4-plex of 2 bedroom/1 bath units, with an additional 3 bedroom/1 bath unit. Call to add this property to your portfolio today!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 06/08/2021

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 06/08/2021

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Home Design

  • Property Attached

Interior Spaces

  • 4,144 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 043180009000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $2,500
  • Professional Management Expense $3,171
  • Trash Expense $1,200
  • Water Sewer Expense $882
  • New Taxes Expense $7,535
  • Operating Expense $15,438
  • Gross Income $3,972
  • Net Operating Income $32,226

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3171.00
  • Property Attached: Yes
  • Water Sewer Expenses: 882.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 043180009000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 132.72

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Conventional Septic
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 3972.00
  • Gross Scheduled Income: 47664.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 32226.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 15438.00
  • Rent Control: Yes
  • Total Expenses: 15438.00

Tax Info

  • New Taxes Expense: 7535.00
  • Tax Census Tract: 6.04
  • Tax Lot: 9
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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
03/07/2022 03/07/22 Sold $550,000 -8.2% $133 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $599,000 0.0% $145 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $599,000 0.0% $145 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $599,000 -7.1% $145 / Sq Ft
07/26/2021 07/26/21 For Sale $645,000 0.0% $156 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/18/2021 06/18/21 Price Changed $645,000 -5.8% $156 / Sq Ft
06/14/2021 06/14/21 For Sale $685,000 0.0% $165 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $685,000 -- $165 / 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 $6,360 $583,511 $175,099 $408,412
2024 $6,360 $569,619 $171,666 $397,953
2023 $6,285 $560,950 $168,300 $392,650
2022 $5,128 $455,250 $171,551 $283,699
2021 $5,033 $446,442 $168,188 $278,254
2020 $5,020 $441,927 $166,464 $275,463
2019 $4,931 $433,380 $163,200 $270,180
2018 $5,023 $441,000 $160,000 $281,000
2017 $4,841 $421,000 $160,000 $261,000
2016 $4,039 $376,000 $160,000 $216,000
2015 $3,993 $366,000 $160,000 $206,000
2014 $3,562 $326,000 $160,000 $166,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21123386

California Regional Multiple Listing Service (CRMLS)
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