Sold
Last Sold Price
4 beds4 baths2,150 sqft

1150 Pearson Rd, Paradise, CA 95969

Multi FamilyProperty Type
1.01 acresLot Size
1988Year Built
$163/sq ftPrice per sq ft
2 carsParking Spaces

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.
  • Listed by: Sheri Palade DRE #01907447 Brokerage DRE #01842969 • Keller Williams Realty Chico Area
Listing closed: 05/03/2019 12:00 AM • Source: CRMLS, MLS#: SN19018806
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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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$2,525 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,868

Property Taxes

$657

HOA Dues

$0

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Property Information for 1150 Pearson Road

Property Details

  • MLS Type: Residential Income
  • County: Butte County
  • 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
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 2150
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Pool: No
  • Zoning: 00
  • Senior Community: No
  • Parcel Number: 054182079000
  • Area: Other (LCOTH)
  • Directions: Pearson Road between S. Libby & Sawmill

Building Information

  • Stories: 1
  • Year Built: 1988
  • Lot Size: 1.01 AC / 43,996 SF

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

SDMLS #SN19018806

$350,000—
May 3, 2019

Sold

CLAW #SN19018806MR

$350,000—
May 3, 2019

Sold

CRMLS #SN19018806

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

Sold

SDMLS #SN19018806

$350,000
05/03/2019

Sold

CLAW #SN19018806MR

$350,000
05/03/2019

Sold

CRMLS #SN19018806

$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 Value

Land

$142,225

Additions

$606,555
Total$748,780

Tax Record

2025

$7,882 ($657 / month)

Home Facts

Baths

4

Total Finished SqFt

2,152 SqFt

Above Grade Finished SqFt

2,152 SqFt

Lot Size

43,996 SqFt

Style

Duplex

Year Built

1988

Year Renovated

1988

Zoning

MF

County

BUTTE

APN

054-182-079-000

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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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.