494 E  5th St #1, Chico, CA 95928
FOR SALE
3D VIEW
Listed by Michael Lee, Ryno Company, (530) 343-2959

494 E 5th St #1
Chico, CA 95928

  • 7 Beds
  • 6 Baths
  • 4,025 sqft
  • 7 Beds
  • 6 Baths
  • 4,025 sqft

$1,395,000

Est. Mortgage $8,824/mo*

Local Information

map showing home location
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Description

Welcome to 494 E. 5th Street, a unique and meticulously renovated historic property comprising a stunning period styled triplex and two additional detached dwelling units, totaling five units altogether. The main house is one of very few OCTAGONAL built homes ever constructed. During the recent period-appropriate renovation no expense were spared. The upgrades include brand-new roofs, electrical and plumbing systems, energy-efficient mini splits with heat pumps, elegant granite counters, custom doors and windows, modern appliance packages, a charming porch, and an inviting overhang – all enhancing the property's allure. Units have indoor laundry. This exceptional property boasts a prime location, situated right on the edge of the renowned GOLDEN TRIANGLE – Chico's most sought-after downtown residential area. The Golden Triangle is synonymous with luxurious living and offers unparalleled convenience to tenants. Residents can easily walk to a myriad of dining options, shopping destinations, and vibrant nightlife downtown. Additionally, Bidwell Park beckons with its recreational activities like biking, walking, and swimming, providing an ideal escape into nature. Seller may finance, terms negotiable. Upstairs has potential for development of additional units, buyer to investigate.

Home Highlights

Parking
3 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$347
Listed
64 days ago

Home Details for 494 E 5th St #1

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 6
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas Oven, Gas Range, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, RangeDishwasherDisposalLaundry: Gas & Electric Dryer Hookup,Laundry Room,Inside,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Electric,High Efficiency,Zoned,Wall Unit(s)Has HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: 220 Volts in LaundryHas Electric on Property
Windows, Doors, Floors & Walls
Window: Casement Windows, Screens, Wood FramesFlooring: Laminate, VinylCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 5th StreetFloors: Laminate, Vinyl
View
Has a ViewView: Neighborhood
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionFencing: NoneExterior: Awning(s), Lighting, Rain GuttersFoundation: RaisedNo Private Pool
Parking & Garage
Open Parking Spaces: 3No CarportNo GarageHas Open ParkingParking Spaces: 3Parking: Driveway,Gravel,Driveway Level,On Site,On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 64

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TriplexArchitecture: Victorian
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 004176005000

Price & Status

Price
List Price: $1,395,000Price Per Sqft: $347

Active Status

MLS Status: Active

Location

Direction & Address
City: Chico

Agent Information

Listing Agent
Listing ID: SN24027906

Building

Building Area
Building Area: 4025 Square Feet

Community

Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

No Rent Control

Miscellaneous

Mls Number: SN24027906Attribution Contact: 5305703222

Additional Information

CurbsGuttersSidewalksStorm DrainsStreet Lights
Last check for updates: 1 day ago
Listing Provided by: Michael Lee DRE #02216710, (530) 570-3222
Ryno Company
Ryan Vaught DRE #01444141, (530) 343-2959
Ryno Company
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SN24027906

Price History for 494 E 5th St #1

DatePriceEventSource
02/09/2024$1,395,000Listed For SaleCRMLS #SN24027906
05/17/2023$471,000Sold
N/A
02/17/2023$1,295,000ContingentCRMLS #SN22215082
12/19/2022$1,295,000PriceChange
CRMLS #SN22215082
12/13/2022$1,345,000PendingCRMLS #SN22215082
11/17/2022$1,345,000PriceChange
CRMLS #SN22215082
10/05/2022$1,395,000Listed For SaleCRMLS #SN22215082
07/07/2022$238,500Sold
N/A
07/28/2021$575,000Sold
CRMLS #SN20139332
06/15/2021$599,000PendingCRMLS #SN20139332
05/19/2021$599,000PendingToActiveCRMLS #SN20139332
05/14/2021$599,000ContingentCRMLS #SN20139332
05/13/2021$599,000PendingCRMLS #SN20139332
12/22/2020$599,000PriceChange
CRMLS #SN20139332
12/03/2020$620,000PriceChange
Agent Provided
10/21/2020$650,000PriceChange
Agent Provided
10/09/2020$695,000PriceChange
Agent Provided
07/22/2020$710,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$8,096
Assessment$725,952
Home facts updated by county records

Comparable Sales for 494 E 5th St #1

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.46
Multi-Family Home
$622,500
10/16/23
5
6
2,691
0.09
Multi-Family Home
$440,000
12/29/23
6
1
1,557
0.86
Multi-Family Home
$775,000
12/08/23
8
6
3,839
0.79
Multi-Family Home
$830,000
01/19/24
6
5
3,399
0.71
Multi-Family Home
$850,000
09/28/23
8
8
3,082
0.89
Multi-Family Home
$550,000
03/01/24
8
4
3,012
0.55
Multi-Family Home
$485,000
03/15/24
5
2
2,710
0.33
Multi-Family Home
$437,500
09/25/23
4
2
1,584
0.57
Multi-Family Home
$375,000
06/09/23
3
3
1,824

What Locals Say about Chico

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  • Yes M.
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  • Jennifer M.
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  • Tina A.
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  • Cjo_88
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  • Tommyross20
    "-Farmers market -Local restaurants and taco trucks are some of the best food you’ll eat. -Being close to chico state campus adds being able to have a gym close by. "
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  • Logan D.
    "well there are a few stray cats on my street so that may be an issue but the park is only a 2 min walk away so that's a huge plus. "
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  • Kelley J.
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  • Marcusonc
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  • Toshia M.
    "A bit too long. I drive about 40 minutes from chico to Orland. If I lived in chico city limits, the drive shouldn’t be more than 15 minutes. "
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  • Jennhilty
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  • Mary
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LGBTQ Local Legal Protections

Michael Lee, Ryno Company
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
494 E 5th St #1, Chico, CA 95928 is a 7 bedroom, 6 bathroom, 4,025 sqft multi-family built in 1900. This property is currently available for sale and was listed by CRMLS on Feb 9, 2024. The MLS # for this home is MLS# SN24027906.