NOT LISTED FOR SALE

Estimated Value: $386,011 - $475,000

4 Beds
2 Baths
1,204 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $370,000 $307 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,645/month

11 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2023

This well maintained duplex is located on a large corner lot and is just a few blocks away from Downtown Chico, Chico State University, shopping, restaurants, Farmers Market and Bidwell Park. Both units have 2 bedrooms and 1 bathroom. Their layouts are simple and efficient. Outside the yards are fully fenced and separated. There is a large basement where there are 2 washer/dryer hookups, 2 designated storage rooms for each tenant, and tons of space for more storage.

Last Agent to Sell the Property

Emmett Jacobi

Century 21 Select Real Estate, Inc. License #01896904 Listed on: 07/10/2023

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Karin Anderson

Parkway Real Estate Co. License #02124385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Utility Room
  • Laundry Room
  • Neighborhood Views
  • Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 9
  • Assessor Parcel Number 005121007000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 194500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RD-1
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 005121007000
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Front porch
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Vinyl, Wood
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 307.31
  • Room Type: All Bedrooms Down, Basement, Laundry, Utility Room

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Rectangular Lot, Level, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 18600.00
  • Gross Scheduled Income: 18600.00
  • Lease Term: Month To Month
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Rent Control: Yes
  • Total Actual Rent: 1550.00

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 12.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 9, 2023
Sold by
Lundeen Revocable Inter Vivos Trust
Bought by
Bragoli Marco Louis
Seller's Agent
Emmett Jacobi
Century 21 Select Real Estate, Inc.
Buyer's Agent
Karin Anderson
Parkway Real Estate Co.
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%
Total Days on Market
11
Views
65
Current Estimated Value
$411,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,753
Avg. Annual Appreciation
6.05%
Original Mortgage
$296,000
Outstanding Balance
$290,581
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$121,172

Purchase Details

Closed on
Sep 28, 2009
Sold by
Olson Eileen M
Bought by
Lundeen Donald Eugene and Lundeen Marilyn Fern

Purchase Details

Closed on
Dec 19, 2007
Sold by
Lundeen Donald E and Lundeen Marilyn F
Bought by
Lundeen Donald Eugene and Lundeen Marilyn Fern
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
Bragoli Marco Louis $370,000 Mid Valley Title
Lundeen Donald Eugene $71,000 Bidwell Title & Escrow Co
Lundeen Donald Eugene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bragoli Marco Louis $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $370,000 -4.9% $307 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $389,000 -- $323 / 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 $4,117 $370,000 $165,000 $205,000
2023 $1,866 $164,628 $76,999 $87,629
2022 $1,838 $161,401 $75,490 $85,911
2021 $1,800 $158,237 $74,010 $84,227
2020 $1,798 $156,616 $73,252 $83,364
2019 $1,768 $153,546 $71,816 $81,730
2018 $1,735 $150,536 $70,408 $80,128
2017 $1,696 $147,585 $69,028 $78,557
2016 $1,551 $144,692 $67,675 $77,017
2015 $1,550 $142,520 $66,659 $75,861
2014 $1,518 $139,729 $65,354 $74,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23122925

California Regional Multiple Listing Service (CRMLS)

APN: 005-121-007-000