NOT LISTED FOR SALE

1117 Greenwich Dr Unit B Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $488,000 - $598,949

5 Beds
3 Baths
2,157 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $415,000 $192 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,335/month

82 Days on Market

Highlights

  • 0.43 Acre Lot
  • Property is near public transit
  • No HOA
  • Chico Junior High School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of March 2019

Well located duplex in a very nice neighborhood off of 8th Ave. One unit is owner occupied three bedroom two bath with washer and dryer. Three bedroom unit will be ready for buyer to occupy at close of escrow. 2nd unit is a two bedroom one bath. Both units come with a fireplace and sliding glass doors out to separate patios and fenced backyards. Each unit has its own covered carport and indoor laundry areas.

Last Listed By

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 12/11/2018

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1979

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard

Home Design

  • Duplex
  • Ranch Style House
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,157 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 043340042000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,100
  • Operating Expense $6,860
  • Gross Income $33,000
  • Net Operating Income $31,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,027

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: R1
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 043340042000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 192.40

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Paved, Yard
  • Lot Size Sq Ft: 18731.00
  • Lot Size Acres: 0.4300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 33000.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 18731.0000 Square Feet
  • Net Operating Income: 31440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1560.00
  • Rent Control: No
  • Total Actual Rent: 2750.00
  • Total Expenses: 6860.00

Tax Info

  • New Taxes Expense: 4100.00
  • Tax Census Tract: 6.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 28, 2019
Sold by
Ramirez David G
Bought by
Parson Ramirez Nancy R
Seller's Agent
Jim Aguilar
Century 21 Select Real Estate, Inc.
Buyer's Agent
Julie Rolls
Re/Max of Chico
List Price
$449,000
Sold Price
$415,000
Premium/Discount to List
-$34,000
-7.57%
Total Days on Market
82
Current Estimated Value
$525,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,987
Avg. Annual Appreciation
3.78%

Purchase Details

Closed on
Aug 30, 2018
Sold by
Vitt Bronson I
Bought by
Vitt Bronson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,512
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2015
Sold by
Williamson Janis Marie and Williamson Russell A
Bought by
Vitt Bronson I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,421
Interest Rate
3.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2009
Sold by
Williamson Janis and Crawford Virginia Storie
Bought by
Crawford Virginia S and Williamson Janis Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
4.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 1, 2009
Sold by
Crawford Virginia S
Bought by
Crawford Virginia Storie and V Storie Crawford 2005 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
4.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 6, 2007
Sold by
Crawford Virginia Storie
Bought by
Crawford Virginia Storie and The V Storie Crawford 2005 Trust

Purchase Details

Closed on
Dec 12, 2006
Sold by
Crawford Virginia Storie and Williamson Janis
Bought by
Crawford Virginia Storie and Williamson Janis

Range of Values:

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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
Parson Ramirez Nancy R -- Mid Valley T&E Co
Parson Ramirez Nancy R $415,000 Mid Valley T&E Co
Vitt Bronson -- Lawyers Title
Vitt Bronson I $308,000 Bidwell Title & Escrow Co
Crawford Virginia S -- Mid Valley Title & Escrow Co
Crawford Virginia Storie -- Mid Valley Title & Escrow Co
Crawford Virginia Storie -- None Available
Crawford Virginia Storie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vitt Bronson $320,512
Previous Owner Vitt Bronson I $302,421
Previous Owner Crawford Virginia S $116,500
Previous Owner Storie Thelma Virginia $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $415,000 -5.5% $192 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $439,000 -2.2% $204 / Sq Ft
12/11/2018 12/11/18 For Sale $449,000 -- $208 / 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
2024 $5,027 $453,860 $164,045 $289,815
2023 $4,968 $444,962 $160,829 $284,133
2022 $4,888 $436,238 $157,676 $278,562
2021 $4,796 $427,685 $154,585 $273,100
2020 $4,783 $423,300 $153,000 $270,300
2019 $3,759 $331,833 $140,059 $191,774
2018 $3,690 $325,327 $137,313 $188,014
2017 $3,632 $318,949 $134,621 $184,328
2016 $3,316 $312,696 $131,982 $180,714
2015 -- $195,125 $70,462 $124,663
2014 $2,063 $191,304 $69,082 $122,222
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18291388

California Regional Multiple Listing Service (CRMLS)

APN: 043-340-042-000