SOLDMAR 26, 2024
Listed by Steve Depa, Re/Max of Chico, (530) 896-9300 . Bought with Re/Max of Chico
1501 W 3rd St
Chico, CA 95928
South Campus
14 Beds
8 Baths
5,575 sqft (on 0.31 acres)
- 14 Beds
- 8 Baths
- 5,575 sqft (on 0.31 acres)
$670,000
Last Sold: Mar 26, 2024
11% below list $750K
$120/sqft
Est. Refi. Payment $4,277/mo*
$670,000
Last Sold: Mar 26, 2024
11% below list $750K
$120/sqft
Est. Refi. Payment $4,277/mo*
14 Beds
8 Baths
5,575 sqft
(on 0.31 acres)
Homes for Sale Near 1501 W 3rd St
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Local Information
© Google
-- mins to
Commute Destination
Description
This property is no longer available to rent or to buy. This description is from March 26, 2024
Your Dream Investment Awaits: Meet the Multi-Unit Marvel Near Chico State! Hello Investors and Real Estate Enthusiasts! Allow me to introduce myself. I'm a charming multi-unit residential property positioned perfectly near Chico State University and the bustling downtown scene, but I'm not just a property; I'm your next portfolio game-changer. I offer four unique units for diverse income; My Front House (Unit #1) is a spacious 5-bedroom, 2-bathroom haven, perfect for roommates who want to balance study and play— With a more intimate 2-bedroom, 2-bath (unit #2) in the lower level. Unit #3 is a freestanding cottage featuring 3 bedrooms and 2 baths, this little gem offers a private fenced yard. Last but not, Unit #4— My 4-bedroom, 2-bath unit, which blends comfort and convenience, rounding out the quartet beautifully. Parking? Plenty! Say goodbye to the parking hunt. I offer ample off-street spots for cars, bikes, and scooters alike. Bonus Cash Flow? My Coin-Op laundry room does more than clean clothes—it adds to your income stream. Think of it as a mini-business within your investment. With a gross annual income of $75,600 and leases already set for the school year, I’m not just attractive—I make financial sense. I'm a turnkey operation, ready to add significant numbers to your bottom line. Come see for yourself why students love living here and why you'll love owning me! Call Your Realtor Today! I'm ready to meet you—are you ready to meet your next great investment?
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$120/sqft
Listed
152 days ago
Home Details for 1501 W 3rd St
Interior Features |
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Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 8 |
Appliances & Utilities Laundry: Community |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: Evaporative Cooling,Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Entry Location: front |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Property Information |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 043682060000 |
Price & Status |
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Price List Price: $750,000Price Per Sqft: $120/sqft |
Status Change & Dates Off Market Date: Wed Jan 24 2024 |
Active Status |
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MLS Status: Closed |
Location |
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Direction & Address City: Chico |
Building |
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Building Area Building Area: 5575 Square Feet |
Community |
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Community Features: SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS |
Lot Information |
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Lot Area: 0.31 acres |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Terms: Down Payment Resource |
Compensation |
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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 |
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Has Rent Control |
Miscellaneous |
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Mls Number: SN23165776Attribution Contact: 530-514-6288 |
Additional Information |
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Sidewalks |
Last check for updates: 1 day ago
Listed by Steve Depa DRE #00813533, (530) 514-6288
Re/Max of Chico
Bought with: Steve Depa DRE #00813533, (530) 896-9339, Re/Max of Chico
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SN23165776
Price History for 1501 W 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/26/2024 | $670,000 | Sold | CRMLS #SN23165776 |
| 03/04/2024 | $750,000 | Pending | CRMLS #SN23165776 |
| 01/25/2024 | $750,000 | ListingRemoved | CRMLS #SN23165776 |
| 12/27/2023 | $750,000 | Contingent | CRMLS #SN23165776 |
| 12/18/2023 | $750,000 | PriceChange | CRMLS #SN23165776 |
| 11/29/2023 | $775,000 | Pending | CRMLS #SN23165776 |
| 10/04/2023 | $775,000 | PriceChange | CRMLS #SN23165776 |
| 09/06/2023 | $799,000 | Listed For Sale | CRMLS #SN23165776 |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $4,940 |
| Assessment | $440,845 |
Home facts updated by county records
Comparable Sales for 1501 W 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $680,000 | 09/27/23 | 16 | 8 | 4,167 | |
0.48 | Multi-Family Home | $550,000 | 03/01/24 | 8 | 4 | 3,012 | |
1.10 | Multi-Family Home | $650,000 | 08/14/23 | 16 | 8 | 5,452 | |
0.76 | Multi-Family Home | $2,360,000 | 05/26/23 | 24 | 16 | 6,000 | |
1.21 | Multi-Family Home | $775,000 | 12/08/23 | 8 | 6 | 3,839 | |
1.17 | Multi-Family Home | $599,000 | 11/03/23 | 8 | 4 | 3,712 | |
1.21 | Multi-Family Home | $471,000 | 05/17/23 | 7 | 6 | 4,025 | |
0.67 | Multi-Family Home | $485,000 | 03/15/24 | 5 | 2 | 2,710 | |
0.69 | Multi-Family Home | $500,000 | 01/05/24 | 3 | 3 | 2,500 |
Assigned Schools
These are the assigned schools for 1501 W 3rd St.
- Chico Junior High School
- 6-8
- Public
- 837 Students
8/10GreatSchools RatingParent Rating AverageHorrible special education teacher Holly Gutierrez. Tara Towne-Robins is unhelpful, rude and loves to nitpick, instead of lifting a finger to help. Attendance is an absolute mess. I took my child out as soon as possible. Everyone there is passive aggressive and expects you to read their minds, but never actually contact you and let you know what’s going on. Also, make sure you sign EVERYTHING, even optional documents or they threaten you. My child was so stressed she became Ill.Parent Review1y ago - Chico High School
- 9-12
- Public
- 1780 Students
8/10GreatSchools RatingParent Rating AverageAbsolutely horrible school. They have no one communicating with each other. The counselors are MIA and never call amyone back. Same goes for the principals and the front desks. The only one that will ever call back is the attendance person (pfcourse because if the kids dont show up the school doesnt get funded) which is why im honeschooling now. Oroville High is much much better. They should be ashamed of themselves.Parent Review5mo ago - Rosedale Elementary School
- K-5
- Public
- 532 Students
6/10GreatSchools RatingParent Rating AverageRosedale is amazing. I don't know why the whole of Chico doesn't send their children there. My son started in Kindergarden so I'm not sure about starting in later grades but starting in Kindergarden all the children work and learn together. I saw how they built a strong foundation in reading in Spanish and it translated to English almost instantly. All of a sudden my son was reading in English too- incredible. The teachers are caring and helpful. They have high expectations that are easily met by the students. I think sometimes we underestimate what our children can do. They have tutors if needed. My son went to school here K-2 and then we had to move. The main thing we miss about Chico is Rosedale- I wish I could find a school like this where we live now. We miss the teachers, friends, activities and learning too. I highly recommend this school!!!! Love you Rosedale!Parent Review5y ago - Emma Wilson Elementary School
- K-5
- Public
- 565 Students
7/10GreatSchools RatingParent Rating AverageWonderful School! All the staff are highly qualified. Great PTA and parent involvement. Very happy with this school!Parent Review4mo ago 
Check out schools near 1501 W 3rd St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South Campus
- Skycayrose
- Resident
- 4y ago
"This neighborhood is great if your a college kid or homeless, I don’t feel safe outside after dark, I won’t let my kids go anywhere without an adult, not the worst neighborhood but not the best either "
- Maggie
- Resident
- 5y ago
"fine, I walk to school and work, but have to drive for groceries and other things. the bums can be a problem at times "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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.
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.
Homes for Rent Near 1501 W 3rd St
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Off Market Homes Near 1501 W 3rd St
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SOLDAPR 26, 2024- SOLDAPR 22, 2024Better Homes and Gardens Real Estate Welcome Home
See more homes for sale inChicoTake a look
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1501 W 3rd St, Chico, CA 95928 is a 14 bedroom, 8 bathroom, 5,575 sqft multi-family built in 1975. 1501 W 3rd St is located in South Campus, Chico. This property is not currently available for sale. 1501 W 3rd St was last sold on Mar 26, 2024 for $670,000 (11% lower than the asking price of $750,000). The current Trulia Estimate for 1501 W 3rd St is $674,500.