NOT LISTED FOR SALE

Estimated Value: $488,000 - $525,000

7 Beds
5 Baths
2,395 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $492,500 $206 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,205/month

4 Days on Market

Highlights

  • Laundry Room
  • Chico Junior High School Rated A-
  • Front Yard

About This Home

As of June 2024

Surrounded by mature trees, this classic student property, with its adorable front porch, consists of 2 units located near CSU Chico and downtown. Units feature indoor laundry, waterproof flooring, & updated bathrooms. Each unit has a private entrance. In the back, there is off-street parking. Both units are leased.

Last Agent to Sell the Property

Becky Williams

Keller Williams Realty Chico Area Brokerage Phone: 5306360936 License #01274805 Listed on: 05/09/2024

Keller Williams Realty Chico Area

Last Buyer's Agent

Lindsay Porter

eXp Realty of California, Inc. License #02114755

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Duplex
  • Entry on the 2nd floor

Interior Spaces

  • 2,395 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 11 / 8
  • Assessor Parcel Number 005096011000

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $15,200
  • Gross Income $43,920
  • Net Operating Income $28,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,228

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Price Per Unit: 250000
  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 005096011000
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: /2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 205.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300
  • Latitude Manual: 39.72197900

Multi Family

  • Gross Income: 43920.00
  • Gross Scheduled Income: 43920.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 28720.00
  • 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: 15000.00
  • Rent Control: Yes
  • Total Expenses: 15200.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 12.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 3, 2024
Sold by
Andrew Christian and Andrew Susan Beth
Bought by
Williams Katherine Hammond
Seller's Agent
Becky Williams
Keller Williams Realty Chico Area
Buyer's Agent
Lindsay Porter
eXp Realty of California, Inc.
List Price
$500,000
Sold Price
$492,500
Premium/Discount to List
-$7,500
-1.5%
Views
3
Current Estimated Value
$506,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,276
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Christiansen Steven and Christiansen Lisa
Bought by
Christian Andrew Thomas and Stafford Susan Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2006
Sold by
Christiansen Steve and Christiansen Lisa
Bought by
Christiansen Steven and Christiansen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Cummings Michael S and Cummings Kelly L
Bought by
Christiansen Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Sold by
Cummings Michael S and Cummings Kelly L
Bought by
Cummings Michael S and Cummings Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.98%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 17, 1999
Sold by
Denny Nina E
Bought by
Cummings Michail S and Cummings Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Katherine Hammond $492,500 Mid Valley Title & Escrow
Christian Andrew Thomas $529,000 Timios Title
Christiansen Steven -- Bidwell Title & Escrow Co
Christiansen Steve $280,000 Mid Valley Title & Escrow Co
Cummings Michael S -- Mid Valley Title & Escrow Co
Cummings Michail S $57,500 Bidwell Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christian Andrew Thomas $396,750
Previous Owner Christiansen Steven $336,000
Previous Owner Christiansen Steve $224,000
Previous Owner Cummings Michael S $150,000
Previous Owner Cummings Michail S $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $492,500 -1.5% $206 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $500,000 -- $209 / 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 $6,228 $502,350 $178,500 $323,850
2024 $6,228 $561,378 $159,181 $402,197
2023 $6,154 $550,371 $156,060 $394,311
2022 $6,060 $539,580 $153,000 $386,580
2021 $5,942 $529,000 $150,000 $379,000
2020 $4,209 $370,792 $119,180 $251,612
2019 $4,135 $363,523 $116,844 $246,679
2018 $4,058 $356,396 $114,553 $241,843
2017 $3,973 $349,408 $112,307 $237,101
2016 $3,444 $325,000 $85,000 $240,000
2015 $3,229 $300,000 $85,000 $215,000
2014 $2,847 $265,000 $85,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24092406

California Regional Multiple Listing Service (CRMLS)

APN: 005-096-011-000