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307 Saint Michael Court #A, Chico, CA 95973
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307 Saint Michael Court #A Chico, CA 95973

$1,025,000 Sold Price as of 10/26/2022
  • 13 Beds
  • 13 Baths
  • 4,935 Sq.Ft.
Sold
$1,025,000 Sold Price as of 10/26/2022 Refinance Your Mortgage
Map preview of 307 Saint Michael Court #A, Chico, CA 95973

Property Overview: 307 Saint Michael Court #A Chico, CA has 13 bedrooms, 13 bathrooms, 4,935 living square feet and 17,424 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Very well maintained income producing 4-unit property seconds from the Esplanade and a highly sought after residential area of Chico. The property consists of a single family house with 3 bedrooms / 3 bathrooms and a triplex with each unit having 2 bedrooms / 2 bathrooms all on one lot. Two of the units in the triplex have an additional good size den/bonus room. All four units have a 2 car garage, some off street parking, a small patio area, and washer and dryer hookups. Property is in a quiet neighborhood at the end of a cul-de-sac surrounded by other income producing properties. Consistent, great rental history for the past 30+ years. Leases are on month to month. Please do not disturb the Tenants.

Listed by Candace Andel | BRE #02040053 | Century 21 Select Real Estate, Inc.
Last checked: 10 minutes ago | Last updated: October 26th, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
17,424
HOA Dues
$0/mo
Year built
1985
Garage
8 Car
Property Type:
Fourplex
Status
Sold
MLS#
SN22177580
City
Chico
County
Butte
Time on Site
616 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,733
  • Total Rent: $32,800
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $19,200
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,635
  • Total Rent: $19,620
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,620
  • Net Operating Income: $48,538
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,082
  • Electric: $100
  • New Taxes: $13,200
  • Trash: $450
  • Insurance: $1,836
  • Maintenance: $360
  • Professional Management: $3,600
  • Water/Sewer: $3,536

Property Details for 307 Saint Michael Court #A

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 0-1 Unit/Acre, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 006300010000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Esplanade to East on Shasta and East on Saint Michael
Neighborhood Information
  • Community Features: Biking, Urban
View more facts & features

Local Chico Agent

Sale History for 307 Saint Michael Court #A

Last sold for $1,025,000 on October 26th, 2022

  • October, 2022

  • Oct 26, 2022

    Date

    Sold

    CRMLS: SN22177580

    $1,025,000

    Price

  • Aug 11, 2022

    Date

    Active

    CRMLS: SN22177580

    $1,100,000

    Price

  • April, 2022

  • Apr 15, 2022

    Date

    Active

    CRMLS: SN22033576

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    RARE OPPORTUNITY!!! 3 bedroom, 3 bath home with income generating triplex on the same lot! Triplex units have 2 bedrooms, 2 baths and end units have an additional bonus room/den. Home and units all have 2 car attached garages and private yards. First time on the market! In area with similar housing mix.

  • April, 2022

  • Apr 15, 2022

    Date

    Active

    CRMLS: SN22033950

    $1,300,000

    Price

  • Feb 23, 2022

    Date

    Active

    CRMLS: SN22033950

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    RARE OPPORTUNITY!!! 3 bedroom, 3 bath home with income generating triplex on the same lot! Triplex units have 2 bedrooms, 2 baths and end units have an additional bonus room/den. Home and units all have 2 car attached garages and private yards. Located in area of multi-family properties of the same type and age. First time on the market!

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Tax History for 307 Saint Michael Court #A

Assessed Value (2020): $385,236
Year Land Value Improved Value Assessed Value
2020 $68,392 $316,844 $385,236

Home Value Compared to the Market

This property vs the competition

307 Saint Michael Court #A sold on October 26, 2022 for 131.58% higher than the current median sold price for the city of Chico which is $475,000. The median sold price per/sqft for Chico is $293 and this home is sold at $222.9 per/sqft which puts the price per square foot 23.93% lower than the current median sale per square foot for the city of Chico.

About 307 Saint Michael Court #A

Detailed summary of property

307 Saint Michael Court #A is a fourplex that recently sold in Chico, CA 95973. This fourplex offered 13 bedrooms, 13 bathrooms, roughly 4,935 living square feet, and sits on an approximately 17,424 square foot lot. 307 Saint Michael Court #A was first listed on ArdentRealEstateGroup.com on August 11, 2022. The homeowner sold the property for $1,025,000. Home in Chico are selling for a median price of $475,000 and a median price per square foot of $293. Based on Ardent Real Estate Group's Chico Market Data, this home is sold 131.58% higher than the current median priced home. Local homes that are currently for sale include 11466 Venice Blvd, 508 N Kingsley Dr and 2126 Chickasaw Ave. While the average home in Chico, CA is selling in 62 days, 307 Saint Michael Court #A has a days on market of 36 days. There are currently 260 homes for sale in the Chico real estate market and 236 of them are single family homes while 24 of them are condos and 0 are townhomes. For more information on this home for sale at 307 Saint Michael Court #A Chico, CA 95973 contact Ardent Real Estate Group and we will put you in touch with one of our Chico agents.

Public Facts for 307 Saint Michael Court #A

Public county record property details
Beds
8
Baths
9
Year built
1985
Sq. Ft.
1,614
Lot Size
17,424
Stories
--
Type
Residential Income (General) (Multi-Family)
Pool
No
Spa
No
County
Butte
Lot#
--
APN
006-300-010-000

The source for these homes facts are from public records.

95973 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$304
Median Sold Price
$475,000
Median Sold Price/Sq.Ft.
$299
Total Inventory
97
Median Sale to List Price %
91.02%
Avg Days on Market
33
Loan Type
Conventional (45%), FHA (10%), VA (5%), Cash (30%), Other (10%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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