Lacey Nichols
Responds Quickly
Century 21 Select Real Estate Inc
(346) 450-6028
19 Total Sales
1 in Chico Vecino
$465,000 Price
1160 Palm Ave Chico, CA 95926
Chico Vecino Neighborhood
5
Beds
4
Baths
2,900
Sq Ft
0.25
Acre Lot
Highlights
- Central Heating and Cooling System
- Rectangular Lot
- 1-Story Property
- Chico Junior High School Rated A-
About This Home
As of September 2020Tucked in the avenues, walking distance to Bidwell Park, cafes and restaurants, you will find this unique residential income property that features two homes on one lot and each home has its own 2-car garage. At the front of the property is a classic tudor revival home that has been converted to a duplex configured as follows: a 2 bedroom 1 bath unit; and a 1 bedroom 1 bath unit with a large basement. At the rear of the property, accessed from a fully improved alley, is a 2009-built 2 bedroom 2 bath home with an over-sized 2 car garage. All 3 units are in good condition and have their own laundry facilities. Because of the location and attractiveness of the property, the units rarely turn over and are easily rented when they do. The property next store, 1148 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 1935
Lot Details
- 10,890 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Level Lot
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, sewer, water
- Legal Lot and Block 1 / 10
- Assessor Parcel Number 003111019000
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,320
- Gardener Expense $1,800
- Insurance Expense $1,800
- Trash Expense $360
- Water Sewer Expense $840
- New Taxes Expense $5,750
- Operating Expense $10,670
- Gross Income $43,260
- Net Operating Income $32,590
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
Closed on
Sep 22, 2021
Sold by
Brian And Carolyn Kanabrocki Family Trus and Kanabrocki Brian T
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
$501,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 21, 2020
Closed on
Sep 18, 2020
Sold by
Kanabrocki Brian and Kanabrocki Carolyn
Bought by
Brian And Carolyn Kanabrocki Family Trust and Kanabrocki
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
$524,416
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 21, 2020
Closed on
Sep 17, 2020
Sold by
John D Harp 2012 Separate Property Trust
Bought by
Kanabrocki Brian and Kanabrocki Carolyn
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
$524,416
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 21, 2020
Closed on
Aug 10, 2020
Sold by
Kanabrocki Brian and Kanabrocki Carolyn
Bought by
Brian And Carolyn Kanabrocki Family Trust and Kanabrocki
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
$524,416
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 16, 2015
Sold by
Piacentine Dennis and Piacentine Janet
Bought by
Harp John D and The John D Harp 2012 Separate Property T
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chico Vecino, CA
-
Lacey Nichols
-
Lora Trenner
Lora Trenner
Re/Max Home and Investment
(530) 767-4094
118 Total Sales
6 in Chico Vecino
$310K - $775K Price Range
-
Heather Boer
Heather Boer
HB Ranch and Home Properties, EXP of Northern Ca
(530) 767-4290
131 Total Sales
5 in Chico Vecino
$285K - $420K Price Range
-
Jacob Darr
Jacob Darr
NextHome North Valley Realty
(530) 767-3889
113 Total Sales
1 in Chico Vecino
$549,000 Price
-
Kelly McCarthy
Kelly McCarthy
eXp Realty of California Inc.
(530) 734-2744
311 Total Sales
1 in Chico Vecino
$410,000 Price
-
Jose Flores
Jose Flores
Real Estate Solutions
(916) 282-2437
16 Total Sales
2 in Chico Vecino
$560,000 Price Range
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 |
|---|---|---|---|
| -- | Old Republic Title | ||
| Brian And Carolyn Kanabrocki Family Trust | -- | Mid Valley Title | |
| Kanabrocki Brian | $585,000 | Mid Valley Title | |
| Brian And Carolyn Kanabrocki Family Trust | -- | Old Republic Title | |
| Harp John D | $465,000 | Mid Valley Title & Escrow Co |
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 | Kanabrocki Brian | $501,750 | |
| Previous Owner | -- | $524,416 |
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 |
|---|---|---|---|---|
| 09/25/2020 09/25/20 | Sold | $585,000 | -2.3% | $202 / Sq Ft |
| 06/28/2020 06/28/20 | 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 |
|---|---|---|---|---|
| 2026 | $7,323 | $645,884 | $176,651 | $469,233 |
| 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 | $5,774 | $511,003 | $175,828 | $335,175 |
| 2019 | $5,669 | $500,984 | $172,381 | $328,603 |
| 2018 | $5,565 | $491,161 | $169,001 | $322,160 |
| 2017 | $5,452 | $481,532 | $165,688 | $315,844 |
| 2016 | $4,976 | $472,091 | $162,440 | $309,651 |
| 2015 | $4,660 | $360,000 | $125,000 | $235,000 |
| 2014 | $3,733 | $350,000 | $105,000 | $245,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike McCrady
MM
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
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN20076901
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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