Jose Flores
Real Estate Solutions
(916) 282-2437
16 Total Sales
2 in Chico Vecino
$560,000 Price Range
1148 Palm Ave Chico, CA 95926
Chico Vecino Neighborhood
5
Beds
4
Baths
2,900
Sq Ft
0.25
Acre Lot
Highlights
- Property is near public transit
- Solar owned by a third party
- Central Heating and Cooling System
- No HOA
- Laundry Room
- 4 Car Garage
About This Home
As of August 2020Very cool property featuring two homes on one lot with each home having its own 2-car garage. The front house is an original farm house from a local ranch that underwent a major renovation 15 years ago so it has an updated kitchen and bathrooms, but retains much of its original character with original wood windows, doors and hardware. The home features 3 bedrooms, 2 full baths, an office that has been used as a 4th bedroom, a formal dining room, separate family room, a laundry room and a large unfinished basement. There is a fully fenced private yard at the back of which is the detached 2 car garage, and the garage has attic storage accessed by a pull down ladder. At the rear of the property is a 2009 built home that features 2 bedrooms, 2 full bathrooms, a laundry room, open kitchen and living room with vaulted ceilings, and a 2 car garage. The back house is accessed off of the alley, which is fully improved with cement from E 1st Ave. The property is located in the East Avenues and is walking distance to restaurants, cafes, shops and grocery stores. The property is also just a short bike ride away from Chico High School, Chico State, and downtown Chico. The property next store, 1160 Palm Ave, is also listed for sale.
Last Agent to Sell the Property
Michael McCrady, Broker License #01234296 Listed on: 04/21/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2009
Lot Details
- 10,890 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway
Interior Spaces
- 2,900 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- Solar owned by a third party
- Rain Gutters
- Property is near public transit
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities, sewer, trash collection, water
- Tax Lot 2
- Assessor Parcel Number 003111020000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,800
- Insurance Expense $1,800
- Trash Expense $360
- Water Sewer Expense $840
- New Taxes Expense $6,325
- Operating Expense $11,125
- Gross Income $39,000
- Net Operating Income $27,875
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2020
Closed on
Aug 20, 2020
Sold by
Bought by
Seller's Agent
Mike McCrady
Michael McCrady, Broker
Buyer's Agent
Brian Littrell
Commercial Brokers of California
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2015
Sold by
Bought by
Purchase Details
Closed on
Dec 17, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.01%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chico Vecino, CA
-
Jose Flores
-
Brian Voigt
Brian Voigt
Re/Max Home and Investment
(530) 385-0752
378 Total Sales
2 in Chico Vecino
$309K - $310K Price Range
-
Carmelita Medina-Silva
Carmelita Medina-Silva
Keller Williams Realty-Yuba Sutter
(530) 767-4096
111 Total Sales
3 in Chico Vecino
$410,000 Price Range
-
Jill Stewart
Jill Stewart
Re/Max of Chico
(916) 579-6619
101 Total Sales
1 in Chico Vecino
$345,000 Price
-
Nino Pinocchio
Nino Pinocchio
Keller Williams Realty Chico Area
(530) 767-4041
30 Total Sales
2 in Chico Vecino
$425,000 Price Range
-
Lacey Nichols
Lacey Nichols
Responds QuicklyCentury 21 Select Real Estate Inc
(346) 450-6028
19 Total Sales
1 in Chico Vecino
$465,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $585,000 | Mid Valley Title & Escrow Co | ||
| $480,000 | Mid Valley Title & Escrow Co | ||
| $245,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,434,000 | ||
| Closed | $547,000 | ||
| Closed | $555,750 | ||
| Previous Owner | $175,000 | ||
| Previous Owner | $235,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $585,000 | -2.3% | $202 / Sq Ft |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- |
| 04/21/2020 04/21/20 | For Sale | $599,000 | -- | $207 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,873 | $633,221 | $173,188 | $460,033 |
| 2024 | $6,873 | $620,806 | $169,793 | $451,013 |
| 2023 | $6,792 | $608,634 | $166,464 | $442,170 |
| 2022 | $6,683 | $596,700 | $163,200 | $433,500 |
| 2021 | $6,558 | $585,000 | $160,000 | $425,000 |
| 2020 | $5,959 | $527,487 | $175,828 | $351,659 |
| 2019 | $5,851 | $517,145 | $172,381 | $344,764 |
| 2018 | $5,744 | $507,005 | $169,001 | $338,004 |
| 2017 | $5,627 | $497,065 | $165,688 | $331,377 |
| 2016 | $5,136 | $487,320 | $162,440 | $324,880 |
| 2015 | $3,889 | $362,997 | $114,983 | $248,014 |
| 2014 | $3,574 | $335,000 | $105,000 | $230,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike McCrady
M
Seller's Agent in 2020
Mike McCrady
Michael McCrady, Broker
(530) 321-3726
3 in this area
27 Total Sales
-
Brian Littrell
Buyer's Agent in 2020
Brian Littrell
Commercial Brokers of California
(530) 514-9035
2 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN20076870
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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