NOT LISTED FOR SALE

1114 Columbus Ave Chico, CA 95926

Estimated Value: $536,000 - $1,049,329

2 Beds
2 Baths
4,400 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $250,000 $57 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $4,441/month

105 Days on Market

Highlights

  • Central Heating
  • Chico Junior High School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of December 2013

Ready for renovation. The interior of this 4 plex is a blank slate. Convenient location! Plenty of parking! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Sandi Bauman

Chico Homes License #01460929 Listed on: 10/21/2013

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929 Listed on: 10/21/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 1984

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Paved or Partially Paved Lot

Parking

  • 4 Parking Spaces

Home Design

  • 4,400 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 043210065000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,210

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 043210065000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 56.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Nov 6, 2013
Sold by
Federal National Mortgage Association
Bought by
Osm Investment Company
Seller's Agent
Sandi Bauman
Chico Homes
Buyer's Agent
Sandi Bauman
Chico Homes
List Price
$328,000
Sold Price
$250,000
Premium/Discount to List
-$78,000
-23.78%
Total Days on Market
105
Current Estimated Value
$736,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,832
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Sep 16, 2010
Sold by
Lee Kou L and Lee Valerie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 4, 2005
Sold by
Lee Kou L and Lee Mai Lhe
Bought by
Lee Kou L and Lee Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2003
Sold by
Ostrowski Stephen
Bought by
Lee Kou L and Lee Mai Lhe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.83%

Purchase Details

Closed on
Mar 29, 2002
Sold by
Iverson Leigh I and Iverson Mary E
Bought by
Ostrowski Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,470
Interest Rate
6.75%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Cummins Virginia L
Bought by
Mcglynn Michael J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Osm Investment Company -- Fatco
Federal National Mortgage Association $445,588 Cr Title Services Inc
Lee Kou L -- Bidwell Title & Escrow
Lee Kou L $438,500 Mid Valley Title & Escrow Co
Ostrowski Stephen $335,000 Mid Valley Title & Escrow Co
Mcglynn Michael J $12,500 Bidwell Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osm Investment Company $930,900
Closed Osm Investment Company $150,000
Previous Owner Lee Kou L $417,000
Previous Owner Lee Kou L $50,000
Previous Owner Lee Kou L $335,000
Previous Owner Ostrowski Stephen $301,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $250,000 -23.8% $57 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $328,000 -- $75 / 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 $5,210 $478,075 $122,581 $355,494
2024 $5,210 $468,702 $120,178 $348,524
2023 $5,149 $459,513 $117,822 $341,691
2022 $5,066 $450,504 $115,512 $334,992
2021 $4,971 $441,672 $113,248 $328,424
2020 $4,957 $437,144 $112,087 $325,057
2019 $4,868 $428,574 $109,890 $318,684
2018 $4,779 $420,172 $107,736 $312,436
2017 $4,714 $411,934 $105,624 $306,310
2016 $4,307 $403,857 $103,553 $300,304
2015 $4,307 $397,792 $101,998 $295,794
2014 $3,514 $325,000 $100,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13140410

California Regional Multiple Listing Service (CRMLS)

APN: 043-210-065-000