NOT LISTED FOR SALE

1013 Meier Dr Chico, CA 95926

Estimated Value: $467,000 - $526,502

4 Beds
2 Baths
2,060 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $328,000 $159 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,123/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • No HOA
  • Chico Junior High School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of May 2017

Awesome opportunity with this amazing duplex! Both sides have difficult to find attached two-car garages and private backyards. Wonderful updates in flooring, kitchen, bathroom counter tops, fixtures and more. Side A has a cozy feel with a fireplace in the living room. Side B offers a very modern feel with an kitchen that opens up to a very nice sized living room. Don't miss the oven and range with drop down hood. This property is terrific and will not disappoint. Check it out right away!

Last Agent to Sell the Property

Jonathan Rilea

EXP Realty of Northern California, Inc. License #01379719 Listed on: 03/17/2017

EXP Realty of Northern California, Inc.

Last Buyer's Agent

Jessica MacKenzie

License #01319232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Private Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Wood Roof
  • Composition Roof

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Vinyl Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 042390044000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $991
  • Trash Expense $480
  • Water Sewer Expense $720
  • New Taxes Expense $1,346
  • Operating Expense $3,537
  • Gross Income $23,700
  • Net Operating Income $22,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,134

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: R4
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 042390044000
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 159.22
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Wood
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Paved, Yard
  • Lot Size Sq Ft: 10019.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 23700.00
  • Gross Scheduled Income: 23700.00
  • Insurance Expense: 991.00
  • Net Operating Income: 22975.00
  • 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: 13980.00
  • Rent Control: No
  • Total Expenses: 3537.00

Tax Info

  • New Taxes Expense: 1346.00
  • Tax Census Tract: 4.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Yarnell Kirk and Place Susan E
Bought by
Yarnell Kirk and Place Susan E
Total Days on Market
17
Current Estimated Value
$500,626

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 26, 2017
Sold by
Newby George H and Newby Juliette A
Bought by
Kirk Yarnell Susan E Place Revocable Tru
Seller's Agent
Jonathan Rilea
EXP Realty of Northern California, Inc.
Buyer's Agent
Jessica MacKenzie
List Price
$339,000
Sold Price
$328,000
Premium/Discount to List
-$11,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Aug 3, 2012
Sold by
Newby Julie A and Newby George H
Bought by
Newby George H and Newby Juliette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2001
Sold by
Newby George H and Newby Julie
Bought by
Newby George H and Newby Juliette A
Source: Public Records

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Range of Values:

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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
Yarnell Kirk -- Mid Valley Title & Escsrow C
Kirk Yarnell Susan E Place Revocable Tru $328,000 Mid Valley Title & Escrow Co
Newby George H -- Bidwell Title & Escrow Co
Newby Julie A -- Bidwell Title & Escrow Co
Newby George H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newby Julie A $118,000
Previous Owner Newby George H $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $328,000 -3.2% $159 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $339,000 -- $165 / 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
2024 $4,134 $373,202 $147,916 $225,286
2023 $4,085 $365,885 $145,016 $220,869
2022 $4,020 $358,712 $142,173 $216,539
2021 $3,944 $351,680 $139,386 $212,294
2020 $3,933 $348,075 $137,957 $210,118
2019 $3,862 $341,251 $135,252 $205,999
2018 $3,791 $334,560 $132,600 $201,960
2017 $1,474 $129,351 $31,834 $97,517
2016 $1,346 $126,815 $31,210 $95,605
2015 $1,346 $124,911 $30,742 $94,169
2014 $1,326 $122,465 $30,140 $92,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17055122

California Regional Multiple Listing Service (CRMLS)

APN: 042-390-044-000