NOT LISTED FOR SALE

904 4th St Corning, CA 96021

Estimated Value: $479,000 - $652,000

6 Beds
3 Baths
2,700 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $350,000 $130 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,184/month

10 Days on Market

Highlights

  • Open Floorplan
  • Neighborhood Views
  • Laundry Room
  • Corner Lot
  • Double Pane Windows
  • Sliding Doors

About This Home

As of November 2019

Welcome to 904 4th Street! This beautifully maintained Tri-Plex reflects care, quality and would be great for any investor. This property boasts 2 bedroom 1 bath units - each of which have a connected 1 car garage, fenced back-yard, central heating/air and fully equipped kitchens with stove, microwave, refrigerator and dishwasher. This property is located in the center of Corning and is close to schools, banks, shopping and restaurants - and it's a short drive to both Red Bluff (approximately 25 min drive) and Chico (approximately 35 min drive). Currently the owner pays the water, sewer and garbage bill while the tenants pay their own PGE bill. Make sure to come view this property quickly as it screams potential!

Last Agent to Sell the Property

Brittany Winchester

Century 21 Select Real Estate, Inc. License #01987837 Listed on: 10/25/2019

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Gary Wineroth

Northern California Realty Inv License #00454978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Cross Fenced
  • Wood Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / 40
  • Assessor Parcel Number 071173004000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $144
  • Insurance Expense $1,404
  • Trash Expense $710
  • Water Sewer Expense $1,847
  • New Taxes Expense $3,650
  • Operating Expense $2,557
  • Gross Income $27,300
  • Net Operating Income $19,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,269

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1847.00
  • Zoning: CITY
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 071173004000
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 129.63
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Cross Fenced, Good Condition, Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 710.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 11250.00
  • Lot Size Acres: 0.2583
  • Latitude Manual: 39.92677100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Electric Expense: 144.00
  • Gross Income: 27300.00
  • Gross Scheduled Income: 27300.00
  • Insurance Expense: 1404.00
  • Lot Size Area: 11250.0000 Square Feet
  • Net Operating Income: 19545.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 7755.00
  • Rent Control: No
  • Total Actual Rent: 27300.00
  • Total Expenses: 2557.00

Tax Info

  • New Taxes Expense: 3650.00
  • Tax Block: 40
  • Tax Census Tract: 11.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 12, 2019
Sold by
Frizzie Diane M
Bought by
Wineroth Gary W and Wineroth Sandra M
Seller's Agent
Brittany Winchester
Century 21 Select Real Estate, Inc.
Buyer's Agent
Gary Wineroth
Northern California Realty Inv
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Current Estimated Value
$550,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,841
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Apr 15, 2004
Sold by
Fjs Enterprises Llc
Bought by
Frizzie Diane M

Purchase Details

Closed on
May 28, 2003
Sold by
Guice Roland and Guice Barbara Jean
Bought by
Fjs Enterprises Llc

Purchase Details

Closed on
May 21, 2001
Sold by
Roll Jon C
Bought by
Guice Roland and Guice Barbara Jean

Purchase Details

Closed on
Nov 27, 1991
Sold by
Mase David L
Bought by
Roll Jon C
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
Wineroth Gary W $350,000 Timios Title
Frizzie Diane M $299,500 Fidelity National Title
Fjs Enterprises Llc $45,000 Northern California Title Co
Guice Roland $12,000 Northern California Title Co
Roll Jon C $8,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $350,000 -4.1% $130 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $365,000 -- $135 / 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 $3,269 $317,151 $43,743 $273,408
2023 $3,208 $304,839 $42,046 $262,793
2022 $3,163 $298,863 $41,222 $257,641
2021 $3,044 $293,004 $40,414 $252,590
2020 $3,076 $290,000 $40,000 $250,000
2019 $2,813 $270,996 $40,718 $230,278
2018 $2,613 $246,360 $37,016 $209,344
2017 $2,407 $223,964 $33,651 $190,313
2016 $2,289 $223,964 $33,651 $190,313
2015 -- $223,964 $33,651 $190,313
2014 $2,014 $194,752 $29,262 $165,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19248461

California Regional Multiple Listing Service (CRMLS)

APN: 071-173-004-000