NOT LISTED FOR SALE

Estimated Value: $189,000 - $299,268

2 Beds
1 Bath
780 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $170,000 $218 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,398/month

53 Days on Market

Highlights

  • Private Yard
  • Evaporated cooling system
  • Ceiling Fan
  • Parkview Elementary School Rated A-
  • Laundry Room
  • 1 Car Garage

About This Home

As of February 2020

Priced to sell- Motivated Seller. Are you a Savvy Investor looking for positive cash flow? Guide yourself through this Chico investment property with our 3D virtual tour and see if this is one to add to your portfolio! Located minutes from Downtown Chico, Chico State, Bidwell Park and freeway access- a prime rental location. NEW interior paint and carpet throughout main living room, hall and two good sized bedrooms. Functional main bathroom offers a shower/tub combo and has recently been remodeled with NEW flooring, paint and single sink vanity. Kitchen provides all of the basic necessities, showcasing original white cabinets and hardware, laminate counters and matching gas appliances. Through the kitchen there is access to the attached, oversized garage- with a lucrative opportunity to convert into a 3rd bedroom! This property is fully cross fenced, with TWO good sized side yards, perfect for separate tenant entertainment, pets, yard games or even a garden! In addition to the garage, there is ample off street parking, and a quaint front yard. This could be the perfect investment opportunity before the end of the year.

Last Agent to Sell the Property

Alisha Simpkins

Keller Williams Realty Chico Area License #01772692 Listed on: 12/02/2019

Keller Williams Realty Chico Area

Last Buyer's Agent

Jeanne Newton

Newton Realty License #01485153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Cross Fenced
  • Wood Fence
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway Level

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Conventional Septic

Community Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Legal Lot and Block 16 / 4
  • Assessor Parcel Number 004352003000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: AR
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 004352003000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 217.95
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Cross Fenced, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway Level, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: Yes

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 10.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Feb 25, 2020
Sold by
Ickis Susan Goray and Ickis Susan
Bought by
Nelsen Jennifer
Seller's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
Buyer's Agent
Jeanne Newton
Newton Realty
List Price
$209,000
Sold Price
$170,000
Premium/Discount to List
-$39,000
-18.66%
Current Estimated Value
$234,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,567
Avg. Annual Appreciation
5.68%
Original Mortgage
$136,000
Outstanding Balance
$120,675
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$113,892

Purchase Details

Listed on
Dec 2, 2019
Closed on
Feb 21, 2020
Sold by
Glazuer William
Bought by
Nelsen Jennifer
Seller's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
Buyer's Agent
Jeanne Newton
Newton Realty
List Price
$209,000
Sold Price
$170,000
Premium/Discount to List
-$39,000
-18.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$120,675
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$113,892

Purchase Details

Closed on
Apr 24, 2000
Sold by
Wimmer Jerald Lee
Bought by
Ickis Robert J and Ickis Susan Goray
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 Buyer Sale Price Title Company
Nelsen Jennifer $170,000 Bidwell Title & Escrow Co
Nelsen Jennifer -- Bidwell Title & Escrow Co
Ickis Robert J $70,000 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelsen Jennifer $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $170,000 -18.7% $218 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $209,000 -- $268 / 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 $2,031 $185,916 $131,235 $54,681
2024 $2,031 $182,271 $128,662 $53,609
2023 $2,007 $178,698 $126,140 $52,558
2022 $1,975 $175,195 $123,667 $51,528
2021 $1,937 $171,761 $121,243 $50,518
2020 $1,125 $98,356 $49,178 $49,178
2019 $1,106 $96,428 $48,214 $48,214
2018 $1,083 $94,538 $47,269 $47,269
2017 $1,062 $92,686 $46,343 $46,343
2016 $971 $90,870 $45,435 $45,435
2015 $970 $89,506 $44,753 $44,753
2014 $961 $87,754 $43,877 $43,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19271664

California Regional Multiple Listing Service (CRMLS)

APN: 004-352-003-000