NOT LISTED FOR SALE

Estimated Value: $401,313 - $466,000

4 Beds
2 Baths
1,704 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $365,000 $214 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,722/month

9 Days on Market

Highlights

  • Property is near a park
  • Private Yard
  • Neighborhood Views
  • Harry M. Marsh Junior High School Rated A-
  • No HOA
  • Cul-De-Sac

About This Home

As of August 2020

This darling property is located on a tree lined street (NOT a through street!) and sits back off the road in a very private setting! Excellent proximity to downtown, Bidwell Park and freeway access. Both units are identical and adorable; However one is an ideal set up for the perfect 'owners unit' with a fireplace and a large backyard with storage building! Scroll through the tour and you'll see how charming these units are with newer wood laminate flooring, updated dual pane windows, newer appliances, fresh paint, and more! Each unit has it's own carport space and each comes with it's own separate laundry room complete with washers and dryers. The mature landscaping and sprinklers in the front add to the low maintenance of this property. This is the perfect opportunity to own your own home AND become an investor at the same time. If you're just looking for a quality investment that will always attract the best tenants, check out this cheerful, bright, convenient property!

Last Agent to Sell the Property

Tanny Johnson

Coldwell Banker Select Real Estate License #00787674 Listed on: 06/30/2020

Coldwell Banker Select Real Estate

Last Buyer's Agent

Jayme Foster

Re/Max of Chico License #02002903

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,308

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Wire Fence
  • Fence is in average condition
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn

Home Design

  • Duplex
  • Turnkey
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Window Screens
  • Living Room with Fireplace
  • Storage
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Tandem Covered Parking
  • Driveway Level
  • Paved Parking

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 45
  • Assessor Parcel Number 005142048000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $900
  • Other Expense $800
  • Pest Control $600
  • Trash Expense $428
  • Water Sewer Expense $1,260
  • Operating Expense $3,988
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,308

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Two of each of the following: Stove, refrigerator, washer/dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1260.00
  • Zoning: 00
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 005142048000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters, Storage, Unfurnished, Wainscoting
  • Stories: 1
  • Entry Location: Front and side
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning, Masonry
  • Levels: One
  • Price Per Square Foot: 214.20
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wire, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Concrete, Driveway Level, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Carport, Outside, Washer Hookup, Washer Included
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 428.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Lawn, Level with Street, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 852 Square Feet
  • Gross Income: 28200.00
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 900.00
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Other Expense: 800.00
  • Other Expense Description: Flood In
  • Rent Control: No
  • Total Expenses: 3988.00

Tax Info

  • Tax Census Tract: 13.00
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 10, 2020
Sold by
Swearingen Ryan G and Swearingen Emily S
Bought by
Flores Mariah
Seller's Agent
Tanny Johnson
Coldwell Banker Select Real Estate
Buyer's Agent
Jayme Foster
Re/Max of Chico
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$434,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,578
Avg. Annual Appreciation
3.77%
Original Mortgage
$358,388
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2018
Sold by
Swearingen Ryan G and Swearingen Emily S
Bought by
Swearingen Family Trust

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 30, 2017
Sold by
Klehr Suzanne
Bought by
Swearingen Ryan G and Swearingen Emily S
Seller's Agent
Shawn Smith
People's Choice Brokers
Buyer's Agent
Tanny Johnson
Coldwell Banker Select Real Estate
List Price
$284,500
Sold Price
$285,000
Premium/Discount to List
$500
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$213,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Heckerson Janice M
Bought by
Klehr Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Flores Mariah $365,000 Mid Valley Title & Escrow Co
Swearingen Family Trust -- None Available
Swearingen Ryan G $285,000 Mid Valley Title & Escrow Co
Klehr Suzanne $159,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Mariah $356,540
Closed Flores Mariah $358,388
Previous Owner Swearingen Ryan G $213,750
Previous Owner Klehr Suzanne $133,000
Previous Owner Klehr Suzanne $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $365,000 -1.4% $214 / Sq Ft
07/22/2020 07/22/20 Price Changed $370,000 +1.4% $217 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $365,000 +28.1% $214 / Sq Ft
07/07/2017 07/07/17 Sold $285,000 +0.2% $167 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $284,500 -- $167 / 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 $4,308 $395,086 $140,716 $254,370
2024 $4,308 $387,340 $137,957 $249,383
2023 $4,257 $379,746 $135,252 $244,494
2022 $4,193 $372,300 $132,600 $239,700
2021 $4,110 $365,000 $130,000 $235,000
2020 $3,372 $296,514 $135,252 $161,262
2019 $3,314 $290,700 $132,600 $158,100
2018 $3,252 $285,000 $130,000 $155,000
2017 $2,281 $206,424 $77,895 $128,529
2016 $2,083 $202,377 $76,368 $126,009
2015 -- $199,338 $75,221 $124,117
2014 -- $195,434 $73,748 $121,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20126922

California Regional Multiple Listing Service (CRMLS)

APN: 005-142-048-000