NOT LISTED FOR SALE

Estimated Value: $387,000 - $464,000

4 Beds
2 Baths
1,607 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $375,000 $233 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,545/month

9 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Living Room
  • Chico Junior High School Rated A-
  • Patio
  • Laundry Room

About This Home

As of December 2022

Looking for an investment property? This clean move in ready duplex, with 2- 2 bed/1baths at 800 sq qft each, is right in the heart of Chico and walking distance from downtown. This property was completely rebuilt from the ground up in 2010 due to a massive tree coming down and destroying the duplex so this is technically a 10-year-old building with a hardy stucco exterior, fresh paint on the walls, clean carpet throughout and is Chico Retrofit certified given its a 2010 rebuild. Everything is electric throughout and the dryer has the gas hook up option as well. This duplex is a great investment property with seller carry as an option.

Last Agent to Sell the Property

Cameron Ellis

Realty One Group License #02079830 Listed on: 11/09/2022

Realty One Group

Last Buyer's Agent

Heather DeLuca

Re/Max of Chico License #01919038

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Sprinklers on Timer

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Formica Counters In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Patio
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 10 / 9
  • Assessor Parcel Number 005121011000

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 005121011000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1607.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 233.35
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Bathroom Features: Formica Counters
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 12.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 12, 2022
Sold by
Heal Family Revocable Trust
Bought by
Deluca Christian
Seller's Agent
Cameron Ellis
Realty One Group
Buyer's Agent
Heather DeLuca
Re/Max of Chico
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Views
39
Current Estimated Value
$423,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,064
Avg. Annual Appreciation
3.88%
Original Mortgage
$263,000
Outstanding Balance
$255,294
Interest Rate
7.08%
Mortgage Type
Seller Take Back
Estimated Equity
$166,718

Purchase Details

Closed on
Feb 21, 2007
Sold by
Payne Jamie J
Bought by
Heal Daniel Charles and Heal Christine Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Payne Robert C and Payne Mary Frances
Bought by
Payne Jamie J

Purchase Details

Closed on
Aug 18, 2002
Sold by
Payne Robert C and Payne Mary Frances
Bought by
Payne Jamie J

Purchase Details

Closed on
Aug 5, 2001
Sold by
Payne Robert C and Payne Mary Frances
Bought by
Payne Jamie J
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
Deluca Christian $375,000 Mid Valley Title
Heal Daniel Charles $270,000 Mid Valley Title & Escrow Co
Payne Jamie J -- Mid Valley Title & Escrow Co
Payne Jamie J $29,500 Fidelity Natl Title Co Of Ca
Payne Jamie J -- Fidelity Natl Title Of Ca
Payne Jamie J -- Fidelity Natl Title Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Christian $263,000
Previous Owner Heal Daniel Charles $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $375,000 +7.1% $233 / Sq Ft
11/09/2022 11/09/22 For Sale $350,000 -- $218 / 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 $4,255 $390,150 $166,464 $223,686
2024 $4,255 $382,500 $163,200 $219,300
2023 $4,205 $375,000 $160,000 $215,000
2022 $3,842 $340,864 $138,868 $201,996
2021 $3,766 $334,182 $136,146 $198,036
2020 $3,758 $330,756 $134,750 $196,006
2019 $3,693 $324,271 $132,108 $192,163
2018 $3,624 $317,914 $129,518 $188,396
2017 $3,134 $275,000 $110,000 $165,000
2016 $2,762 $260,000 $85,000 $175,000
2015 $2,696 $250,000 $85,000 $165,000
2014 $1,892 $175,000 $85,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22238861

California Regional Multiple Listing Service (CRMLS)

APN: 005-121-011-000