NOT LISTED FOR SALE
4 Beds
3 Baths
2,220 Sq Ft
0.51 Acres

Last Sold March 11, 2019

Last sale price $345,000 $155 Per Sq Ft

34 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.51 Acre Lot
  • Laundry Room
  • Chico Junior High School Rated A-
  • Double Pane Windows
  • Bungalow

About This Home

As of March 2019

Triplex close to Chico State Campus---many upgrades to the three units----walk to campus .Triplex has a 2 bedroom unit --a one bedroom unit and a studio---829-831-833 W. 4th --
All new vinyl windows through--new roof on the duplex unit---new leach fields --huge septic---recently pumped---
Galvanized water lines replaced with cooper and plex lines .
Units are always rented .
Unit Rents are
2 bedroom x one bath unit 1175.00 per month
one bedroon one bath unit 720.00 per month
studio unit 550.00 per month
there is no shortage for parking for tenants--
call for a appointment to view this centrally located triplex

Last Agent to Sell the Property

Frank Condon

NextHome North Valley Realty License #01739641 Listed on: 01/11/2019

NextHome North Valley Realty

Last Buyer's Agent

Berndt Trust

Western Property Solutions License #01306267

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.51 Acre Lot
  • Two or More Common Walls
  • Partially Fenced Property
  • Density is 2-5 Units/Acre

Home Design

  • Bungalow
  • Property Attached
  • Turnkey
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,220 Sq Ft Home
  • Double Pane Windows
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 10 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Wall Furnace
  • Conventional Septic

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 043142005000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $100
  • Trash Expense $35
  • Water Sewer Expense $40
  • New Taxes Expense $236
  • Operating Expense $4,960
  • Gross Income $31,785
  • Net Operating Income $24,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System
  • Water Sewer Expenses: 40.00
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 043142005000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Price Per Square Foot: 155.41
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Vinyl Siding, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: On Site, Unassigned
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Conventional Septic
  • Trash Expense: 35.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 22216.00
  • Lot Size Acres: 0.5100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 31785.00
  • Gross Scheduled Income: 29340.00
  • Insurance Expense: 100.00
  • Lot Size Area: 22216.0000 Square Feet
  • Net Operating Income: 24380.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4960.00
  • Rent Control: No
  • Total Actual Rent: 2445.00
  • Total Expenses: 4960.00

Tax Info

  • New Taxes Expense: 236.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
03/11/2019 03/11/19 Sold $345,000 +1.5% $155 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $339,990 -- $153 / 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 $4,193 $384,849 $167,325 $217,524
2024 $4,193 $377,304 $164,045 $213,259
2023 $4,143 $369,907 $160,829 $209,078
2022 $4,076 $362,655 $157,676 $204,979
2021 $4,000 $355,545 $154,585 $200,960
2020 $3,988 $351,900 $153,000 $198,900
2019 $2,897 $254,564 $138,854 $115,710
2018 $2,840 $249,574 $136,132 $113,442
2017 $2,798 $244,681 $133,463 $111,218
2016 $2,552 $239,885 $130,847 $109,038
2015 $2,552 $236,283 $128,882 $107,401
2014 $2,504 $231,656 $126,358 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19007632

California Regional Multiple Listing Service (CRMLS)