1109 Ivy St Chico, CA 95928
Southwest Chico NeighborhoodEstimated payment $2,860/month
Highlights
- Wood Flooring
- No HOA
- Cooling System Mounted To A Wall/Window
- Chico Junior High School Rated A-
- Neighborhood Views
- Tile Countertops
About This Home
Discover a fantastic investment opportunity in the heart of Downtown Chico. This clean and cute duplex, built in 1940, offers timeless charm and modern potential. With 1,544 sq ft of living space, this property offers each unit 2 spacious bedrooms and a bathroom. The front unit offers classic hardwood flooring with an open living area, perfect for a cozy evening or entertaining guests. While the second unit offers a functioning kitchen with ample cabinetry, modern appliances and space for casual dining. Large living room windows are ideal for tons of natural light. Built with enduring character, the property sits on a 5,663 sq ft lot, offering a low maintenance yard and ample parking. Don’t miss out on this great investment opportunity.
Listing Agent
Re/Max of Chico Brokerage Phone: 530-896-9300 License #02074740 Listed on: 04/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,905
Year Built
- Built in 1940
Lot Details
- 5,663 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wood Fence
- Back and Front Yard
Parking
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,544 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Screens
- Living Room
- Neighborhood Views
Kitchen
- Gas Oven
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 2 / 1
- Assessor Parcel Number 005112011000
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,465
- Water Sewer Expense $900
- Operating Expense $2,365
- Gross Income $3,100
- Net Operating Income $34,835
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,905 | $457,379 | $169,793 | $287,586 |
| 2024 | $4,905 | $448,412 | $166,464 | $281,948 |
| 2023 | $4,845 | $439,620 | $163,200 | $276,420 |
| 2022 | $4,770 | $431,000 | $160,000 | $271,000 |
| 2021 | $3,558 | $315,615 | $151,494 | $164,121 |
| 2020 | $3,551 | $312,380 | $149,941 | $162,439 |
| 2019 | $3,490 | $306,255 | $147,001 | $159,254 |
| 2018 | $3,424 | $300,251 | $144,119 | $156,132 |
| 2017 | $2,964 | $260,000 | $110,000 | $150,000 |
| 2016 | $2,762 | $260,000 | $85,000 | $175,000 |
| 2015 | $2,536 | $235,000 | $85,000 | $150,000 |
| 2014 | $2,157 | $200,000 | $85,000 | $115,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2025 09/07/25 | Price Changed | $460,000 | -3.2% | $298 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $475,000 | -4.8% | $308 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $499,000 | +15.8% | $323 / Sq Ft |
| 11/04/2021 11/04/21 | Sold | $431,000 | +2.9% | $279 / Sq Ft |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | For Sale | $419,000 | -- | $271 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $431,000 | Mid Valley Title | |
| Deed | -- | Mid Valley Title | |
| Grant Deed | $60,000 | Mid Valley Title & Escrow Co | |
| Grant Deed | $250,000 | Mid Valley Title & Escrow Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Mid Valley Title & Escrow Co | |
| Interfamily Deed Transfer | -- | Mid Valley Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Mid Valley Title & Escrow Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $175,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $89,900 | No Value Available | |
| Previous Owner | $58,800 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25081610
APN: 005-112-011-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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