NOT LISTED FOR SALE

Estimated Value: $751,000 - $964,277

6 Beds
4 Baths
3,906 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $785,000 $201 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,539/month

127 Days on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • Landscaped
  • Chico Junior High School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2019

Four plex located in the very popular south campus , just a few blocks from the university and downtown. Off street parking with excellent rental history. All units are 3bedroom 2 bath with washer and dryer in each unit. Some recent upgrades and Each unit has its own balcony/patio. Close to schools, shopping, and transportation.

Last Agent to Sell the Property

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 08/30/2018

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 08/30/2018

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,515

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 3,906 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Rain Gutters
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 004277010000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Trash Expense $1,656
  • Water Sewer Expense $4,500
  • Operating Expense $7,956
  • Gross Income $74,040
  • Net Operating Income $66,084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,515

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 4500.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 004277010000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 200.97

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1656.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 74040.00
  • Gross Scheduled Income: 74040.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 66084.00
  • 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: 7956.00
  • Rent Control: No
  • Total Actual Rent: 5950.00
  • Total Expenses: 7956.00

Tax Info

  • Tax Census Tract: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Bettencourt Thomas A and Bettencourt Darleen
Bought by
Bettencourt Thomas Anthony and Bettencourt Darleen Ann
Current Estimated Value
$877,819

Purchase Details

Listed on
Aug 30, 2018
Closed on
Feb 12, 2019
Sold by
Waterbury Devin J
Bought by
Battencourt Thomas A and Battencourt Darleen
Seller's Agent
Jim Aguilar
Century 21 Select Real Estate, Inc.
Buyer's Agent
Jim Aguilar
Century 21 Select Real Estate, Inc.
List Price
$925,000
Sold Price
$785,000
Premium/Discount to List
-$140,000
-15.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Waterbury Eric and Waterbury Corina
Bought by
Waterbury Devin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 7, 2016
Sold by
Waterbury Eric and Waterbury Corina
Bought by
Waterbury Eric and Waterbury Corina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 3, 2002
Sold by
Waterbury Eric and Waterbury Corina
Bought by
Waterbury Eric and Waterbury Corina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2000
Sold by
Hayes Joseph Henry
Bought by
Hayes Larry and Christensen Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
8.11%

Purchase Details

Closed on
Sep 11, 2000
Sold by
Milburn Mark and Milburn Melanie
Bought by
Milburn Mark H and Milburn Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
8.11%

Purchase Details

Closed on
Sep 5, 2000
Sold by
Dunn Maxine D and Frank & Maxine Dunn Family Tru
Bought by
Keith Albert and Keith Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
8.11%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Welsh David A and Welsh Anne E
Bought by
Welsch David and Feather Welsh Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.5%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Welsh Martin Richard
Bought by
Welsh Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.5%
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
Bettencourt Thomas Anthony -- None Available
Battencourt Thomas A $785,000 Mid Valley Title & Escrow Co
Waterbury Devin J $400,000 None Available
Waterbury Eric -- None Available
Waterbury Eric -- Bidwell Title & Escrow Co
Hayes Larry -- Bidwell Title & Escrow Compa
Milburn Mark H -- Bidwell Title & Escrow Compa
Keith Albert $105,000 Bidwell Title & Escrow Compa
Waterbury Eric $325,000 Bidwell Title & Escrow Compa
Welsch David -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waterbury Devin J $375,000
Previous Owner Waterbury Devin J $375,000
Previous Owner Waterbury Eric $187,500
Previous Owner Waterbury Eric $197,000
Previous Owner Welsch David $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $785,000 -1.8% $201 / Sq Ft
12/28/2018 12/28/18 Price Changed $799,000 -11.1% $205 / Sq Ft
10/25/2018 10/25/18 Price Changed $899,000 -2.8% $230 / Sq Ft
08/30/2018 08/30/18 For Sale $925,000 -- $237 / 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 $9,515 $875,447 $250,989 $624,458
2024 $9,515 $856,321 $246,068 $610,253
2023 $9,404 $841,532 $241,244 $600,288
2022 $9,258 $825,071 $236,514 $588,557
2021 $9,080 $808,933 $231,877 $577,056
2020 $9,057 $800,660 $229,500 $571,160
2019 $6,462 $569,018 $156,060 $412,958
2018 $6,343 $557,900 $153,000 $404,900
2017 $6,212 $547,000 $150,000 $397,000
2016 $4,370 $412,315 $82,732 $329,583
2015 $4,370 $406,198 $81,490 $324,708
2014 $4,271 $398,340 $79,894 $318,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18212045

California Regional Multiple Listing Service (CRMLS)

APN: 004-277-010-000