$399,000
SOLD MAY 1, 2025
4 Beds
4 Baths
1,876 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

6 Days on Market

Highlights

  • Fireplace in Kitchen
  • Wood Flooring
  • Corian Countertops
  • Chico Junior High School Rated A-
  • No HOA
  • Neighborhood Views

About This Home

As of May 2025

This charming 2-story, 1,876 SQFT duplex in the heart of the Barber District presents a fantastic opportunity for renovation, investment, or both! Featuring hardwood floors, updated windows, a wall furnace & A/C, and convenient indoor laundry, this property is designed for comfort and practicality. Each unit offers 2 bedrooms, 1 full bath upstairs, and a half bath downstairs. The exterior includes a small back patio and a garage/storage area for added convenience.Just a few blocks from Downtown Chico, Chico State University, shopping, dining, the Farmers Market, and Bidwell Park, this location makes for a highly desirable rental option. Don’t miss out on this incredible investment opportunity!

Last Agent to Sell the Property

Kelli Smyth

NextHome North Valley Realty Brokerage Phone: 530-864-6810 License #01939578 Listed on: 03/18/2025

NextHome North Valley Realty

Last Buyer's Agent

Mike Daly

Re/Max of Chico License #01500085

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Corian Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 5 / 7
  • Assessor Parcel Number 005095006000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 005095006000
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Corian Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 212.69
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room

Exterior Features

  • Other Structures: Storage
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 12.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 28, 2025
Sold by
Payne William L and Shannon Theresa
Bought by
Watanabe Masayuki and Watanabe Reiko
Seller's Agent
Kelli Smyth
NextHome North Valley Realty
Buyer's Agent
Mike Daly
Re/Max of Chico
List Price
$399,000
Sold Price
$399,000
Views
16
Current Estimated Value
$413,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,722
Avg. Annual Appreciation
5.73%
Original Mortgage
$300,000
Outstanding Balance
$298,942
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$114,780

Purchase Details

Closed on
Jan 28, 2013
Sold by
Payne William L and Payne Shannon Teresa
Bought by
Payne William L and Payne Shannon Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
Payne William L and Payne Shannon Teresa
Bought by
Payne William L and Payne Shannon Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Payne William L and Payne Valerie L
Bought by
Payne William L and Payne Shannon Theresa
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 Type Sale Price Title Company
Grant Deed $399,000 Mid Valley Title
Interfamily Deed Transfer -- Servicelink
Interfamily Deed Transfer -- Bidwell Title & Escrow Co
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $166,800 New Conventional
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $399,000 0.0% $213 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $399,000 -- $213 / 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 $2,033 $184,736 $75,569 $109,167
2024 $2,033 $181,115 $74,088 $107,027
2023 $2,010 $177,565 $72,636 $104,929
2022 $1,980 $174,084 $71,212 $102,872
2021 $1,939 $170,671 $69,816 $100,855
2020 $1,936 $168,922 $69,101 $99,821
2019 $1,904 $165,611 $67,747 $97,864
2018 $1,868 $162,365 $66,419 $95,946
2017 $1,827 $159,182 $65,117 $94,065
2016 $1,670 $156,062 $63,841 $92,221
2015 $1,669 $153,719 $62,883 $90,836
2014 $1,634 $150,709 $61,652 $89,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25058859

California Regional Multiple Listing Service (CRMLS)

APN: 005-095-006-000