$390,000
SOLD JUN 30, 2018

9 Ralland Cir Chico, CA 95926

6 Beds
3 Baths
3,452 Sq Ft
0.27 Acres

Recently Sold

$113 Per Sq Ft

14 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Bidwell Junior High School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of June 2018

DO NOT CONTACT/DISTURB TENANTS: Great 4plex in a culdesac, grossing $38,700 annually. In addition, there are owned coinop laundry machines which brings in approx another $200/mo. This 4plex is one of the few that have been connected to City sewer at a cost of nearly $30,000 to the owner. Great location near schools and shopping.

Last Agent to Sell the Property

Dave Backues

Coldwell Banker C&C Properties License #01929866 Listed on: 05/06/2018

Last Buyer's Agent

Becky Prater

Platinum Partners Real Estate License #00772540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Cul-De-Sac

Home Design

  • Property Attached

Interior Spaces

  • 3,452 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 015300009000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $681
  • Gardener Expense $480
  • Insurance Expense $1,049
  • Other Expense $1,760
  • Trash Expense $1,220
  • Water Sewer Expense $2,732
  • New Taxes Expense $2,392
  • Operating Expense $10,314
  • Gross Income $41,100
  • Net Operating Income $32,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2732.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 015300009000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: Two
  • Price Per Square Foot: 112.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Sewer Assessments
  • Trash Expense: 1220.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11761.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 681.00
  • Gross Income: 41100.00
  • Gross Scheduled Income: 41100.00
  • Insurance Expense: 1049.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Net Operating Income: 32168.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 8932.00
  • Other Expense: 1760.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Actual Rent: 38700.00
  • Total Expenses: 10314.00

Tax Info

  • New Taxes Expense: 2392.00
  • Tax Census Tract: 1.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 29, 2018
Sold by
Backues John Snow
Bought by
Glick Richard Jackson and Copeland Jackqueline R
Seller's Agent
David Backues
Coldwell Banker C&C Properties
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$390,000
Sold Price
$390,000
Total Days on Market
14
Current Estimated Value
$555,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,985
Avg. Annual Appreciation
5.30%
Original Mortgage
$270,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 28, 2018
Sold by
Backues John Snow
Bought by
Backues John Snow
Seller's Agent
David Backues
Coldwell Banker C&C Properties
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2017
Sold by
Backues John and Backues Sharyl
Bought by
Backues John S

Purchase Details

Closed on
Dec 12, 2008
Sold by
Backues John Snow
Bought by
Backues John and Backues Sharyl

Purchase Details

Closed on
Jul 28, 1997
Sold by
Backues John S and Backues Sally M
Bought by
Backues John S and Backues Sally M

Purchase Details

Closed on
Mar 3, 1997
Sold by
Benavides Josephine
Bought by
Backues John S and Backues Sally M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $390,000 Mid Valley Title & Escrow
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $164,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,750 New Conventional
Closed $270,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2018 06/30/18 Sold $390,000 0.0% $113 / Sq Ft
06/30/2018 06/30/18 Sold $390,000 0.0% $113 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
05/20/2018 05/20/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $390,000 0.0% $113 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/06/2018 05/06/18 For Sale $390,000 0.0% $113 / Sq Ft
05/06/2018 05/06/18 For Sale $390,000 -- $113 / 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
2024 $4,822 $434,491 $156,171 $278,320
2023 $4,766 $426,472 $153,109 $273,363
2022 $4,688 $418,120 $150,107 $268,013
2021 $4,600 $409,932 $147,164 $262,768
2020 $4,587 $405,735 $145,656 $260,079
2019 $4,505 $397,790 $142,800 $254,990
2018 $2,675 $235,227 $84,442 $150,785
2017 $2,620 $230,626 $82,787 $147,839
2016 $2,392 $226,114 $81,164 $144,950
2015 $2,393 $222,726 $79,945 $142,781
2014 $2,348 $218,373 $78,379 $139,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA18106030

California Regional Multiple Listing Service (CRMLS)

APN: 015-300-009-000