Seller's Agent in 2018
Ryan Vaught
Ryno Company
(530) 343-2959
3 in this area
15 Total Sales
1 Klondike Ct Chico, CA 95926
Chico Vecino NeighborhoodEstimated Value: $663,000 - $903,000
4
Beds
2
Baths
5,376
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Private Yard
- Laundry Room
- Central Heating
- Chico Junior High School Rated A-
About This Home
As of February 20181 & 2 Klondike Court, Located 2 blocks North of Chico State campus this 4 plex has upgraded 4 bedroom 2 bath units all leased until 6/30/2018. Units lease quickly and many are upgraded fully, or partially. Property has a solid rental history and has been professionally managed. Property cashflows well with 30% down, see included financials and proforma. Units are rented for an average of $1150 including water fees and rent. Neighboring Klondike units are leased for as much as $1350/mo.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,113
Year Built
- Built in 1983
Lot Details
- 10,019 Sq Ft Lot
- 1 Common Wall
- Private Yard
Home Design
- Property Attached
Interior Spaces
- 5,376 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Assigned Parking
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity, telephone
- Assessor Parcel Number 043162026000
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $480
- Insurance Expense $1,100
- Maintenance Expense $4,000
- Pest Control $450
- Professional Management Expense $5,496
- Trash Expense $1,464
- Water Sewer Expense $3,000
- New Taxes Expense $5,750
- Operating Expense $21,740
- Gross Income $4,580
- Net Operating Income $32,121
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2021
Sold by
Bergmann Arthur and Bergmann Heather
Bought by
Bergmann Arthur and Bergmann Heather
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$382,374
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$397,915
Purchase Details
Listed on
Nov 30, 2017
Closed on
Feb 26, 2018
Sold by
Lange David M and Lange Linda K
Bought by
Bergmann Arthur and Bergmann Heather
Seller's Agent
Ryan Vaught
Ryno Company
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$575,000
Sold Price
$575,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Purchase Details
Closed on
Jan 8, 2007
Sold by
Lange David M and Lange Linda K
Bought by
Lange David M and Lange Linda K
Purchase Details
Closed on
Mar 10, 2005
Sold by
Mcardell Richard J
Bought by
Lange David M and Lange Linda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
5.6%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 14, 2002
Sold by
Archbold Kevin
Bought by
Mcardell Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 29, 2000
Sold by
Campbell Dennis A
Bought by
Archbold Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 1998
Sold by
Campbell Dennis A and Archbold Kevin
Bought by
Campbell Dennis A and Archbold Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 1997
Sold by
Ellen B M and Ellen Phyllis
Bought by
Federal National Mortgage Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bergmann Arthur | -- | Fidelity National Title | |
| Bergmann Arthur | $575,000 | Mid Valley Title & Escsrow C | |
| Lange David M | -- | Bidwell Title & Escrow Co | |
| Lange David M | $530,000 | Bidwell Title & Escrow Co | |
| Mcardell Richard J | $450,000 | Bidwell Title & Escrow Compa | |
| Archbold Kevin | -- | Bidwell Title & Escrow Co | |
| Campbell Dennis A | $5,000 | Bidwell Title & Escrow | |
| Federal National Mortgage Association | $188,427 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bergmann Arthur | $425,000 | |
| Previous Owner | Lange David M | $379,000 | |
| Previous Owner | Mcardell Richard J | $360,000 | |
| Previous Owner | Archbold Kevin | $115,000 | |
| Previous Owner | Campbell Dennis A | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2018 02/28/18 | Sold | $575,000 | 0.0% | $107 / Sq Ft |
| 01/23/2018 01/23/18 | Pending | -- | -- | -- |
| 01/16/2018 01/16/18 | For Sale | $575,000 | 0.0% | $107 / Sq Ft |
| 01/08/2018 01/08/18 | Pending | -- | -- | -- |
| 12/22/2017 12/22/17 | For Sale | $575,000 | 0.0% | $107 / Sq Ft |
| 12/11/2017 12/11/17 | Pending | -- | -- | -- |
| 11/30/2017 11/30/17 | For Sale | $575,000 | -- | $107 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,113 | $653,971 | $147,916 | $506,055 |
| 2024 | $7,113 | $639,188 | $145,016 | $494,172 |
| 2023 | $7,030 | $628,656 | $142,173 | $486,483 |
| 2022 | $6,918 | $616,370 | $139,386 | $476,984 |
| 2021 | $6,788 | $604,324 | $136,653 | $467,671 |
| 2020 | $6,769 | $598,149 | $135,252 | $462,897 |
| 2019 | $6,647 | $586,460 | $132,600 | $453,860 |
| 2018 | $6,549 | $577,000 | $130,000 | $447,000 |
| 2017 | $5,504 | $482,000 | $125,000 | $357,000 |
| 2016 | $4,655 | $437,000 | $110,000 | $327,000 |
| 2015 | $4,405 | $407,000 | $105,000 | $302,000 |
| 2014 | $4,331 | $402,000 | $100,000 | $302,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Vaught
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,078 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN17266591
APN: 043-162-026-000
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