NOT LISTED FOR SALE

1118 Columbus Ave Chico, CA 95926

Estimated Value: $512,000 - $661,000

4 Beds
2 Baths
4,400 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $304,000 $69 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,619/month

58 Days on Market

About This Home

As of September 2014

Wow! Each unit in this complex features 4 bedrooms and 2 baths. The income potential is outstanding, or rent 3 and live in one! Close to schools, shopping and all the beautiful amenities Chico has to offer. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Kimberly Nedelkow

Re/Max of Chico License #01462465 Listed on: 09/03/2014

Re/Max of Chico

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,728

Year Built

  • Built in 1984

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 4,400 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Private Parking
  • Uncovered Parking
  • Parking Lot

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 043210063000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $6
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,728

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 043210063000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 69.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Private, Uncovered

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 6.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Annual Amount: 2728.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2021
Sold by
Schiff Randall J and Schiff Laura M
Bought by
Arbor Manor Senior Cottage Homes Llc
Total Days on Market
58
Current Estimated Value
$601,333

Purchase Details

Listed on
Sep 3, 2014
Closed on
Sep 26, 2014
Sold by
Fannie Mae
Bought by
Osm Investment Company
Seller's Agent
Kimberly Nedelkow
Re/Max of Chico
Buyer's Agent
Sandi Bauman
Chico Homes
List Price
$278,900
Sold Price
$304,000
Premium/Discount to List
$25,100
9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Feb 23, 2011
Sold by
Stevens Vincent and Cervantes Stevens Maria
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 28, 2008
Sold by
Stevens Vincent
Bought by
Stevens Vincent and Cervantes Stevens Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2002
Sold by
Stevens Maria
Bought by
Stevens Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,999
Interest Rate
6.87%

Purchase Details

Closed on
Mar 29, 2002
Sold by
Iverson Leigh I and Iverson Mary E
Bought by
Stevens Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,999
Interest Rate
6.87%

Purchase Details

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

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Range of Values:

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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
Arbor Manor Senior Cottage Homes Llc $5,770,000 Fidelity Natl Ttl Co Of Ca
Osm Investment Company $304,000 Fidelity Natl Title Co Of Ca
Federal National Mortgage Association $364,342 Accommodation
Stevens Vincent -- Bidwell Title & Escrow Co
Stevens Vincent -- Mid Valley Title & Escrow Co
Stevens Vincent $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
Previous Owner Osm Investment Company $930,900
Previous Owner Stevens Vincent $343,500
Previous Owner Stevens Vincent $307,980
Previous Owner Stevens Vincent $299,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $304,000 +9.0% $69 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $278,900 -- $63 / 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 $5,135 $461,878 $147,281 $314,597
2023 $5,074 $452,823 $144,394 $308,429
2022 $4,993 $443,945 $141,563 $302,382
2021 $4,899 $435,241 $138,788 $296,453
2020 $4,885 $430,779 $137,365 $293,414
2019 $4,797 $422,333 $134,672 $287,661
2018 $4,710 $414,053 $132,032 $282,021
2017 $4,646 $405,936 $129,444 $276,492
2016 $4,245 $397,977 $126,906 $271,071
2015 $3,307 $304,000 $125,000 $179,000
2014 $2,700 $248,216 $67,933 $180,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR14159834

California Regional Multiple Listing Service (CRMLS)

APN: 043-210-063-000