NOT LISTED FOR SALE

1010 Meier Dr Chico, CA 95926

Estimated Value: $502,000 - $642,496

5 Beds
4 Baths
2,310 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $345,000 $149 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,359/month

24 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Back Yard
  • Chico Junior High School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2018

Excellent investment opportunity on a North Chico Duplex. Long term renters in both units. Front unit is a two bedroom two bathroom and rear unit is a three bedroom two bathroom. Both have attached two car garages with laundry hookups, and private yard and patio. Central heating and air. Great location near amenities and transit.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/26/2018

Re/Max of Chico

Last Buyer's Agent

Effie Khaki

Century 21 Select Real Estate, Inc. License #01024181

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 1976

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 042390035000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $406
  • Water Sewer Expense $550
  • New Taxes Expense $3,750
  • Operating Expense $5,806
  • Gross Income $1,895
  • Net Operating Income $16,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,262

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 550.00
  • Zoning: R4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 042390035000
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 149.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 406.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 11326.00

Multi Family

  • Gross Income: 1895.00
  • Gross Scheduled Income: 22740.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 16934.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5806.00
  • Rent Control: No
  • Total Expenses: 5806.00

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Census Tract: 4.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Gledhill Erik
Bought by
Gledhill Nanette
Total Days on Market
24
Current Estimated Value
$555,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,110
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 6, 2018
Sold by
Sgt Infinity Investments Llc
Bought by
Gledhill Erik and Gledhill Nanette
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Effie Khaki
Century 21 Select Real Estate, Inc.
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$258,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2016
Sold by
Trott Steven G and Trott Melissa G
Bought by
Sgt Infinily Investments Llc

Purchase Details

Listed on
Mar 19, 2015
Closed on
May 13, 2015
Sold by
Trott Steve and Trott Melissa
Bought by
The Trott Family Trust
Seller's Agent
Kiersten Morgan
Crane Realty
Buyer's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
List Price
$284,000
Sold Price
$278,000
Premium/Discount to List
-$6,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$139,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 19, 2015
Closed on
Apr 18, 2015
Sold by
Camaren Joyce M and The Camaren Living Trust
Bought by
Trott Steve and Trott Melissa
Seller's Agent
Kiersten Morgan
Crane Realty
Buyer's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
List Price
$284,000
Sold Price
$278,000
Premium/Discount to List
-$6,000
-2.11%

Purchase Details

Closed on
Jan 25, 2000
Sold by
Adams Lisa Marie and Adams John C
Bought by
Camaren Richard M and Camaren Joyce M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gledhill Nanette -- Lawyers Title
Gledhill Erik $345,000 Bidwell Title & Escrow Co
Sgt Infinily Investments Llc -- None Available
The Trott Family Trust -- None Available
Trott Steve $278,000 Mid Valley Title & Escrow Co
Camaren Richard M $160,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Nanette $429,385
Closed Gledhill Nanette $361,110
Previous Owner Gledhill Erik $258,750
Previous Owner Trott Steven G $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $345,000 -4.2% $149 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $360,000 -4.0% $156 / Sq Ft
01/26/2018 01/26/18 For Sale $375,000 +34.9% $162 / Sq Ft
04/21/2015 04/21/15 Sold $278,000 -2.1% $120 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $284,000 -- $123 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,262 $392,546 $153,604 $238,942
2024 $4,262 $384,850 $150,593 $234,257
2023 $4,212 $377,305 $147,641 $229,664
2022 $4,145 $369,908 $144,747 $225,161
2021 $4,067 $362,656 $141,909 $220,747
2020 $4,055 $358,938 $140,454 $218,484
2019 $3,982 $351,900 $137,700 $214,200
2018 $3,330 $293,640 $126,751 $166,889
2017 $3,262 $287,883 $124,266 $163,617
2016 $2,978 $282,239 $121,830 $160,409
2015 $2,195 $204,605 $76,724 $127,881
2014 $2,155 $200,598 $75,222 $125,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18018177

California Regional Multiple Listing Service (CRMLS)

APN: 042-390-035-000