NOT LISTED FOR SALE
3 Beds
2 Baths
1,284 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: May 23, 2017

Last sale price $222,000 $173 Per Sq Ft

25 Days on Market

Highlights

  • Corner Lot
  • Parkview Elementary School Rated A-
  • Wall Furnace

About This Home

As of May 2017

Affordable income property in the heart of Chico. The price is right on these two separate homes on one lot with a fantastic location just minutes from highway access, downtown Chico and CSUC... Property offers a fantastic rental history and is comprised of a 2 bedroom/1 bath front home currently rented for $895 per month and a 1 bedroom/1 bath back unit which is rented for $650. Buying now means that you can capitalize on not only the fantastic current cash flow, but the potential for rent increases in the strengthening Chico market.

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 03/20/2017

Re/Max of Chico

Last Buyer's Agent

Eric Stofa

Parkway Real Estate Co. License #01904078

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,284 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 004351002000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $18,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

4,356 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: AR
  • Property Type: Residential Income
  • Parcel Number: 004351002000
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 172.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4356.00

Multi Family

  • Gross Income: 18540.00
  • Gross Scheduled Income: 18540.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 10.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 22, 2017
Sold by
Bought by
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Eric Stofa
Parkway Real Estate Co.
List Price
$239,000
Sold Price
$222,000
Premium/Discount to List
-$17,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.71%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$239,000 Bidwell Title & Esc Co
$222,000 Mid Valley Title & Escrow Co
$199,000 Fidelity Natl Title Of Ca
$165,000 Mid Valley Title & Escrow Co
$115,000 Mid Valley Title & Escrow Co
-- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $166,500
Previous Owner $179,700
Previous Owner $46,500
Previous Owner $179,100
Previous Owner $124,800
Previous Owner $150,000
Previous Owner $92,000
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $222,000 -7.1% $173 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $239,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,819 $257,642 $127,661 $129,981
2024 $2,819 $252,591 $125,158 $127,433
2023 $3,221 $247,639 $122,704 $124,935
2022 $3,175 $242,785 $120,299 $122,486
2021 $3,123 $238,026 $117,941 $120,085
2020 $3,116 $235,586 $116,732 $118,854
2019 $3,068 $230,968 $114,444 $116,524
2018 $3,018 $226,440 $112,200 $114,240
2017 $3,211 $243,776 $85,748 $158,028
2016 $2,772 $220,000 $100,000 $120,000
2015 $2,540 $195,000 $95,000 $100,000
2014 $2,425 $185,000 $85,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17058033

California Regional Multiple Listing Service (CRMLS)
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