NOT LISTED FOR SALE

1020 Meier Dr Chico, CA 95926

Estimated Value: $502,000 - $641,000

5 Beds
4 Baths
2,473 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $325,000 $131 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,423/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cul-De-Sac
  • Central Heating and Cooling System
  • Chico Junior High School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of April 2016

Great duplex property consists of one 3/2 and one 2/2, both with 2 car garages and fireplaces. Units have great rental history. Newer roof, laundry hookups and low maintenance landscaping.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 02/16/2016

Re/Max of Chico

Last Buyer's Agent

Bruce Roe

Chico Oaks Realty License #00572679

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1974

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,473 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 042390040000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $956
  • Trash Expense $960
  • Water Sewer Expense $480
  • New Taxes Expense $3,250
  • Gross Income $2,150
  • Net Operating Income $20,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,178

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Washer Dryer in Unit B, Fridges
  • Property Attached: Yes
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 042390040000
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 131.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 12197.00
  • Price Per Lot Square Foot: 26.65
  • Lot Size Acres: 0.2800

Multi Family

  • Gross Income: 2150.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 956.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 20154.00
  • 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: 5646.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Johnson Stephen L
Bought by
Johnson Stephen L and Stephen L And Sandra F Johnson Family Bu
Current Estimated Value
$568,858

Purchase Details

Listed on
Feb 16, 2016
Closed on
Mar 31, 2016
Sold by
Depa Steven J and Haas Depa Nancy
Bought by
Johnson Stephen L
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Bruce Roe
Chico Oaks Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$160,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Nancy Depa Steven J and Nancy Aaas Depa
Bought by
Depa Steve J and Haas Depa Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Depa Steven J and Haas Depa Nancy
Bought by
Depa Steven J and Haas Depa Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Siela Robert Eugene and Siela Donna Lea
Bought by
Depa Steven J and Haas Depa Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Siela Robert E and Siela Donna L
Bought by
Siela Robert Eugene
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
Johnson Stephen L -- None Available
Johnson Stephen L $325,000 Fidelity Natl Title Co Of Ca
Depa Steve J -- Fidelity Natl Title Co Of Ca
Depa Steven J -- Fidelity Natl Title Co Of Ca
Depa Steven J -- Fidelity Natl Title Co Of Ca
Depa Steven J $369,000 Fidelity Natl Title Co Of Ca
Siela Robert Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Stephen L $160,000
Previous Owner Depa Steve J $310,000
Previous Owner Depa Steven J $169,000
Previous Owner Siela Robert E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $325,000 0.0% $131 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $325,000 -- $131 / 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 $4,178 $384,728 $153,891 $230,837
2024 $4,178 $377,185 $150,874 $226,311
2023 $4,129 $369,790 $147,916 $221,874
2022 $4,063 $362,540 $145,016 $217,524
2021 $3,986 $355,432 $142,173 $213,259
2020 $3,975 $351,789 $140,716 $211,073
2019 $3,903 $344,892 $137,957 $206,935
2018 $3,832 $338,130 $135,252 $202,878
2017 $3,754 $331,500 $132,600 $198,900
2016 $3,427 $325,000 $130,000 $195,000
2015 $3,319 $280,000 $95,000 $185,000
2014 $2,997 $280,000 $95,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16032754

California Regional Multiple Listing Service (CRMLS)

APN: 042-390-040-000