1150 Pearson Rd

4
Baths
2,150 Sq. Ft.
$163 / Sq. Ft.
2,150
Sq. Ft.
$163
per Sq. Ft.

Description

Excellent investment opportunity! This well maintained property offers 2 standing units that are currently rented for $900 each/per month w/the potential of building at least 2 more units. Plenty of room as the property is 1.01 acre. Each unit is nicely layed out w/2BD's, 2BA's, 1,100 sq.ft. & offers an attached garage & laundry facilities. Air conditioning units were replaced in the last 5 years.Excellent investment opportunity! This well maintained property offers 2 standing units that are currently rented for $900 each/per month w/the potential of building at least 2 more units. Plenty of room as the property is 1.01 acre. Each unit is nicely layed out w/2BD's, 2BA's, 1,100 sq.ft. & offers an attached garage & laundry facilities. Air conditioning units were replaced in the last 5 years.
  1. Listed by Sheri Palade • DRE #01907447 • Brokerage DRE #01842969 • Keller Williams Realty Chico Area

Property Details for 1150 Pearson Road

Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2150
Assessor Parcel Number
054182079000
LISTING CLOSED: 05/03/2019 12:00 AM

Property Details for 1150 Pearson Road

StatusClosed
MLS #SN19018806
Days on Compass66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size1.01 AC / 43,996 SF
CountyButte County

Location

Listing Courtesy of Keller Williams Realty Chico Area, Sheri Palade, DRE #01907447

Sold By Century 21 Select Real Estate, Susan Thomas, DRE #01049969

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Building Information for 1150 Pearson Road

Stories1Residences-Year Built1988Building Size-Lot Size1.01 AC / 43,996 SF

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$2,436 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$657

HOA Dues

$0

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Property Information for 1150 Pearson Road

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $21,600
  • Gross Scheduled Income: $21,600
  • Net Operating Income: $15,400
  • Financing: Cash
Expense Details
  • Operating Expense: $6,200
  • New Taxes Expense: $4,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,100
  • Trash Expense: $50
  • Water Sewer Expense: $50
  • Total Expenses: $6,200
Tax / Assessment Info
  • Tax Census Tract: 23.00
Community / Development
Community / Development
  • Community Features: Rural
Property / Structure Info
Interior Features
  • Room Type: Living Room, Master Bedroom
  • Bedroom Features: Master Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, In Garage
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Level, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Meter on Property
  • Sewer: Conventional Septic, Other
  • Sewer/Septic: Septic Installed, Other/Remarks
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2

Property History for 1150 Pearson Road

DateEvent & SourcePriceAppreciation
May 3, 2019

Sold

CRMLS #SN19018806

$350,000
May 3, 2019

Sold

SDMLS #SN19018806

$350,000
May 3, 2019

Sold

CLAW #SN19018806MR

$350,000
DateEvent & SourcePrice
05/03/2019

Sold

CRMLS #SN19018806

$350,000
05/03/2019

Sold

SDMLS #SN19018806

$350,000
05/03/2019

Sold

CLAW #SN19018806MR

$350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1150 Pearson Road

Taxable ValueLand$139,437Additions$594,662Total$734,099
Tax Record2025$7,882 ($657 / month)
Home Facts
Baths8Total Finished SqFt2,152 SqFtAbove Grade Finished SqFt2,152 SqFtLot Size43,995 SqFtStyleDuplexYear Built1988ZoningMFCountyBUTTEAPN054-182-079-000

Schools near 1150 Pearson Road

This home is within Paradise Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Paradise Elementary School
PublicK to 5

Paradise Intermediate School
Public7 to 8

Paradise Senior High School
Public9 to 12

Honey Run Academy Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$45,000
8
8
4,216
47,480
$22,000
14,810
$22,500
14,810
$35,000
2
1,296
14,810
$150,000
7
1,383
20,473

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Chico Area, Sheri Palade, DRE #01907447

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.