1027 Normal Ave Unit A Chico, CA 95928
Southwest Chico NeighborhoodEstimated Value: $495,320 - $568,000
7
Beds
5
Baths
2,395
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Laundry Room
- Chico Junior High School Rated A-
- Front Yard
About This Home
As of June 2024Surrounded 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
Keller Williams Realty Chico Area Brokerage Phone: 5306360936 License #01274805 Listed on: 05/09/2024
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
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,330
Avg. Annual Appreciation
6.11%
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
Similar Homes in Chico, CA
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
Average Home Value in this Area
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 | $184,000 | |
| 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
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 | $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
-
Becky Williams
Seller's Agent in 2024
Becky Williams
Keller Williams Realty Chico Area
(530) 345-6618
1 in this area
156 Total Sales
-
Lindsay Porter
Buyer's Agent in 2024
Lindsay Porter
eXp Realty of California, Inc.
(530) 520-5340
2 in this area
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24092406
APN: 005-096-011-000
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