Sold for $625,000

Listed by: Platinum Partners Real Estate • Becky Prater • Contact: 530-520-0308

Bought with: Re/Max of Chico

$625,000

1013 Frances Dr, Chico, CA 95973

7beds

6baths

3,645sqft

Triplex

Built in 1976

-- sqft lot

$654,800 Zestimate^®

$171/sqft

$1,970 Estimated rent

Home value

$654,800

$589,000 - $727,000

$1,970/mo

Zestimate^® history

Owner options

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$1,970/mo

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$1,970/mo

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$4,001/mo

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$4,001/mo

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What's special

Fully functional unitsLong drivewayLaundry facilities

Hard to find triplex with each unit having it's own 2 car garage, laundry facilities and fully functional units! If you re looking for multi-generational living this tri-plex could work for you AND provide additional income! There is a 3 bedroom unit at the front of this building, then 2 bedroom, 2 bath units behind it. The long driveway accesses both of those garages and front doors! Recent updating to plumbing, a kitchen stove, a heater have been completed. Seller has owned this for many years, it was a great income opportunity for them, it can be for you as well! Don't miss the chance to earn income and have a living space for yourself, this can be a money maker, or your first opportunity to get in to your first home!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Rooms

Room types: Bedroom, Kitchen, Primary Bedroom

Primary bedroom

Features: Main Level Primary

Bedroom

Features: All Bedrooms Down

Bedroom

Features: Bedroom on Main Level

Heating

Central, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater
Laundry: Electric Dryer Hookup, In Garage

Features

All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Flooring: Carpet, Vinyl
Windows: Screens
Has fireplace: Yes
Fireplace features: Gas Starter, Living Room
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,645
Total interior livable area: 3,645 sqft

Property

Parking

Total spaces: 6
Parking features: Door-Multi, Driveway Level, Garage Faces Front, Garage, Garage Faces Side
Garage spaces: 6

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: None

Lot

Size: 0.33 Acres
Features: 2-5 Units/Acre, Street Level

Details

Parcel number: 042390028000
Zoning: R4
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Materials

Drywall, Stucco
Foundation: Slab
Roof: Composition

Condition

Repairs Cosmetic
New construction: No
Year built: 1976

Utilities & green energy

Electric: 220 Volts in Garage
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Gutter(s), Street Lights, Suburban
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Chico

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $638,000
Date on market: 10/1/2024
Cumulative days on market: 71 days
Listing terms: Cash,Cash to New Loan
Inclusions: refrigerators
Exclusions: washers/dryers
Total actual rent: 4765
Tenant pays: Electricity, Gas, Grounds Care, Trash Collection
Road surface type: Paved

Price history

Date	Event	Price
1/10/2025	Sold	$625,000-2.2%$171/sqft
Source: CRMLS #SN24198482 Report a problem
12/13/2024	Contingent	$639,000$175/sqft
Source: CRMLS #SN24198482 Report a problem
12/2/2024	Price change	$639,000-4.5%$175/sqft
Source: CRMLS #SN24198482 Report a problem
10/1/2024	Listed for sale	$669,000$184/sqft
Source: CRMLS #SN24198482 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$638,000 +98.4%
2025	$3,735 +6.7%	$321,513 +2%
2024	$3,501 +1.2%	$315,219 +2%
2023	$3,459 +1.7%	$309,049 +2%
2022	$3,403 +1.9%	$303,000 +2%
2021	$3,339 +0.3%	$297,070 +1%
2020	$3,330 +1.8%	$294,030 +2%
2019	$3,270 +1.9%	$288,275 +2%
2018	$3,210 -37.3%	$282,633 +2%
2017	$5,121 +5.6%	$277,102 +2%
2016	$4,847 +1.2%	$271,680 +1.5%
2015	$4,791	$267,608 +2%
2014	$4,791	$262,376 +0.5%
2013	--	$261,194 +2%
2012	--	$256,083 +2%
2011	--	$251,073 +0.8%
2010	--	$249,201 -0.2%
2009	--	$249,793 +2%
2008	--	$244,906 +2%
2007	--	$240,114 +2%
2006	--	$235,417 +2%
2005	--	$230,811 +2%
2004	--	$226,296 +1.9%
2003	--	$222,158 +2%
2002	--	$217,813 +2.2%
2001	--	$213,053