Seller's Agent in 2019
John Lawrence
Chico Area Realty
(530) 680-4207
38 Total Sales
Estimated Value: $660,000 - $775,733
6
Beds
5
Baths
3,364
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- No HOA
- Laundry Room
- Chico Junior High School Rated A-
- Neighborhood Views
- More Than Two Accessible Exits
About This Home
As of September 2019Excellent investment opportunity. Meticulously maintained, four-unit property located in a residential neighborhood with shopping and restaurants nearby. Two units come fully furnished and are well appointed. Connected to sewer. New exterior paint. Private off-street parking on freshly sealed asphalt. All units have central HVAC, dishwasher, electric range, fridge, a 3’ x 10’ exterior storage rooms, and are metered separately. There is a house electric and gas meter for exterior motion detected LED lighting, 4 brand new gas water heaters, and a bonus 190 sf storage room currently used by the owner. Unit 1: 2 bed/2 bath, fire place, private washer/dryer. Unit 2: (fully furnished) 1 bed/1 bath, shared onsite washer/dryer, owner paid Comcast. Unit 3: 1 bed/1 bath, shared onsite washer/dryer. Unit 4: (fully furnished) 2 bed/1 bath, private washer/dryer, owner paid Comcast.
Last Agent to Sell the Property
Chico Area Realty License #01870759 Listed on: 07/01/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 0.32 Acre Lot
- Two or More Common Walls
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Sprinklers on Timer
Home Design
- Property Attached
- Turnkey
- Composition Roof
- Wood Siding
Interior Spaces
- 3,364 Sq Ft Home
- Ceiling Fan
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 5 Bathrooms
Parking
- 5 Car Garage
- 5 Attached Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Driveway
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 15
- Assessor Parcel Number 042380031000
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $762
- Gardener Expense $1,500
- Insurance Expense $1,578
- Other Expense $447
- Pest Control $600
- Trash Expense $446
- Water Sewer Expense $1,859
- New Taxes Expense $7,425
- Operating Expense $14,170
- Gross Income $42,476
- Net Operating Income $43,430
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2019
Closed on
Sep 3, 2019
Sold by
Karasinski Kenneth and Karasinski Ellen S
Bought by
Shank Paul and Shank Patricia
Seller's Agent
John Lawrence
Chico Area Realty
Buyer's Agent
Kim Tonge
Century 21 Select Real Estate, Inc.
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,911
Avg. Annual Appreciation
1.34%
Original Mortgage
$491,250
Outstanding Balance
$431,176
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$288,735
Purchase Details
Closed on
Apr 20, 2007
Sold by
Karasinski Kenneth and Karasinski Ellen S
Bought by
Karasinski Kenneth and Karasinski Ellen S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2002
Sold by
Karasinski Kenneth and Karasinski Ellen
Bought by
Karasinski Kenneth and Karasinski Ellen S
Purchase Details
Closed on
Oct 8, 1998
Sold by
Grimsley Joyce E and Boyles Cory D
Bought by
Karasinski Kenneth and Karasinski Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.6%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shank Paul | $660,000 | Bidwell Title & Escrow Co | |
| Karasinski Kenneth | -- | Fidelity Natl Title Co Of Ca | |
| Karasinski Kenneth | -- | Fidelity Natl Title Co Of Ca | |
| Karasinski Kenneth | -- | Bidwell Title & Escrow Compa | |
| Karasinski Kenneth | $170,000 | Bidwell Title & Escrow Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shank Paul | $491,250 | |
| Previous Owner | Karasinski Kenneth | $322,000 | |
| Previous Owner | Karasinski Kenneth | $119,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2019 09/11/19 | Sold | $660,000 | -2.2% | $196 / Sq Ft |
| 07/27/2019 07/27/19 | Pending | -- | -- | -- |
| 07/01/2019 07/01/19 | For Sale | $675,000 | -- | $201 / 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 | $7,787 | $716,183 | $169,512 | $546,671 |
| 2024 | $7,787 | $643,318 | $166,189 | $477,129 |
| 2023 | $7,708 | $690,705 | $162,931 | $527,774 |
| 2022 | $7,598 | $678,339 | $159,737 | $518,602 |
| 2021 | $7,469 | $666,215 | $156,605 | $509,610 |
| 2020 | $7,455 | $660,000 | $155,000 | $505,000 |
| 2019 | $2,730 | $239,892 | $84,313 | $155,579 |
| 2018 | $2,680 | $235,209 | $82,660 | $152,549 |
| 2017 | $2,625 | $230,618 | $81,040 | $149,578 |
| 2016 | $2,397 | $226,116 | $79,451 | $146,665 |
| 2015 | $2,398 | $222,735 | $78,258 | $144,477 |
| 2014 | $2,340 | $218,393 | $76,726 | $141,667 |
Source: Public Records
Agents Affiliated with this Home
-
John Lawrence
-
Kim Tonge
Buyer's Agent in 2019
Kim Tonge
Century 21 Select Real Estate, Inc.
(530) 345-6618
64 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN19155289
APN: 042-380-031-000
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