K
Seller's Agent in 2020
Kasey McClough
Century 21 Select Real Estate
745 W 4th Ave Chico, CA 95926
Chico Vecino Neighborhood
11
Beds
5
Baths
3,613
Sq Ft
0.64
Acres
Highlights
- 0.64 Acre Lot
- No HOA
- Laundry Room
- Chico Junior High School Rated A-
- Evaporated cooling system
- Wood Fence
About This Home
As of July 2020This is the PERFECT investment opportunity! Ideal location for a rental property! 5 individual units. Located near the college, so there are ALWAYS people needing to rent. Close to Enloe Hospital. All 5 units are consistently rented with long term tenants. Any vacancy is filled in less than a week. All units have a fully fenced back yard, individual mailboxes and individual parking spaces as well as off-street parking. Insurance is current. Brings in approximately $46,000 annually. However, it is currently rented under market value so there is potential for a much higher income.
(Minimal cosmetic updating in progress: touch up landscaping, new bathroom vanity in unit 4, etc)
Last Agent to Sell the Property
Kasey McClough
Century 21 Select Real Estate License #02086485 Listed on: 04/04/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 0.64 Acre Lot
- No Common Walls
- Wood Fence
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 3,613 Sq Ft Home
- Composition Roof
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Evaporated cooling system
- Wall Furnace
- Water Heater
- Cable TV Available
Additional Features
- Gas Oven
- Exterior Lighting
Listing and Financial Details
- Assessor Parcel Number 043150033000
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $2,400
- Water Sewer Expense $1,380
- New Taxes Expense $2,600
- Operating Expense $5,000
- Gross Income $53,000
- Net Operating Income $46,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $475,000 | -4.8% | $131 / Sq Ft |
| 07/01/2020 07/01/20 | Price Changed | $499,000 | 0.0% | $138 / Sq Ft |
| 04/24/2020 04/24/20 | Pending | -- | -- | -- |
| 04/22/2020 04/22/20 | Pending | -- | -- | -- |
| 04/20/2020 04/20/20 | Price Changed | $499,000 | -8.8% | $138 / Sq Ft |
| 04/19/2020 04/19/20 | Price Changed | $547,000 | -0.4% | $151 / Sq Ft |
| 04/04/2020 04/04/20 | For Sale | $549,000 | -- | $152 / 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 | $5,606 | $514,154 | $243,546 | $270,608 |
| 2024 | $5,606 | $504,073 | $238,771 | $265,302 |
| 2023 | $5,540 | $494,190 | $234,090 | $260,100 |
| 2022 | $5,450 | $484,500 | $229,500 | $255,000 |
| 2021 | $5,348 | $475,000 | $225,000 | $250,000 |
| 2020 | $2,055 | $175,999 | $66,257 | $109,742 |
| 2019 | $2,019 | $172,549 | $64,958 | $107,591 |
| 2018 | $1,984 | $169,167 | $63,685 | $105,482 |
| 2017 | $1,980 | $165,851 | $62,437 | $103,414 |
| 2016 | $1,816 | $162,600 | $61,213 | $101,387 |
| 2015 | $1,816 | $160,159 | $60,294 | $99,865 |
| 2014 | $1,787 | $157,022 | $59,113 | $97,909 |
Source: Public Records
Agents Affiliated with this Home
-
-
Heather Gorman
Buyer's Agent in 2020
Heather Gorman
Willow & Birch Realty, Inc
(530) 864-0500
2 in this area
134 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PA20068911
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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