NOT LISTED FOR SALE

Estimated Value: $400,000 - $455,000

5 Beds
2 Baths
1,672 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $393,000 $235 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,625/month

22 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • No HOA
  • Chico Junior High School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of October 2022

This classic Chico State College rental could be a great investment opportunity for you! Located north of the university with easy access to Enloe Hospital and Downtown Chico. The home has fresh interior paint, new stove, microwave, and refrigerator. New flooring has been installed through the kitchen, laundry and bathroom. Home offers hardwood floors, comfortable living room, and spacious kitchen and dining area. The hall bath has a new vanity, toilet, and flooring. Home consists of 4 bedroom and 2 bathrooms. The detached garage offers 1 large bedroom as well as some storage area. Home is currently leased through to 5/28/23. Don’t miss out. Call for details.

Last Agent to Sell the Property

Aaron Jay

City of Trees Realty License #01927255 Listed on: 06/24/2022

Last Buyer's Agent

Aaron Jay

City of Trees Realty License #01927255 Listed on: 06/24/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Private Yard
  • Property is zoned R3

Interior Spaces

  • 5 Bedrooms
  • 1,672 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Legal Lot and Block 7 / E
  • Assessor Parcel Number 003084007000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Inclusions: Washer, Dryer, Refrigerator.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 003084007000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 235.05
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 33000.00
  • Gross Scheduled Income: 33000.00
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 4992.00
  • Rent Control: Yes
  • Total Expenses: 4992.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 6.03
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 10, 2022
Sold by
Salvation Army
Bought by
Allen L Renville Revocable Trust
Seller's Agent
Aaron Jay
City of Trees Realty
Buyer's Agent
Aaron Jay
City of Trees Realty
List Price
$410,000
Sold Price
$393,000
Premium/Discount to List
-$17,000
-4.15%
Views
1
Current Estimated Value
$431,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,637
Avg. Annual Appreciation
2.92%
Original Mortgage
$255,450
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2022
Sold by
Joseph And Alfreda P Gerhards Family Tru and Gerhards Joseph E
Bought by
Salvation Army

Purchase Details

Closed on
May 3, 2006
Sold by
Gerhards Joseph E and Joseph E Gerhards Trust
Bought by
Gerhards Joseph E and Young Alfreda P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen L Renville Revocable Trust $393,000 Stewart Title Of California
Salvation Army -- None Listed On Document
Gerhards Joseph E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen L Renville Revocable Trust $255,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $393,000 -4.1% $235 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $410,000 -- $245 / 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 $4,435 $408,877 $171,666 $237,211
2024 $4,435 $400,860 $168,300 $232,560
2023 $4,382 $393,000 $165,000 $228,000
2022 $962 $171,330 $53,036 $118,294
2021 $1,887 $167,972 $51,997 $115,975
2020 $1,882 $166,250 $51,464 $114,786
2019 $1,848 $162,991 $50,455 $112,536
2018 $1,814 $159,796 $49,466 $110,330
2017 $1,777 $156,664 $48,497 $108,167
2016 $1,622 $153,594 $47,547 $106,047
2015 $1,622 $151,288 $46,833 $104,455
2014 $1,583 $148,325 $45,916 $102,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22137774

California Regional Multiple Listing Service (CRMLS)

APN: 003-084-007-000