NOT LISTED FOR SALE

Estimated Value: $409,000 - $574,000

2 Beds
2 Baths
1,200 Sq Ft
$386/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $395,000 $329 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,937/month

64 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Living Room

About This Home

As of October 2022

Here is a great opportunity to add this duplex to your investment portfolio. Amazing location, solid rental history, and lots of charm and character. They are mirror floor plans, both 600 square foot 1 bedroom 1 bathroom units under one roof. They both have inside laundry, newer individual heating and air conditioning, a newer roof, connected to city sewer, a private back yard with mature trees, and a detached two car garage that each tenant gets to use for storage. With the right terms, owner may carry.

Last Listed By

Emmett Jacobi

Century 21 Select Real Estate, Inc. License #01896904 Listed on: 06/21/2022

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,456

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 3,4 / 48
  • Assessor Parcel Number 003075007000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,456

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 219975
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 003075007000
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 329.17
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Walkstreet
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 48
  • Tax Census Tract: 7.00
  • Tax Lot: 3,4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 16, 2022
Sold by
Gordon-Safarik Family Trust
Bought by
Bernal Family Trust
Seller's Agent
Emmett Jacobi
Century 21 Select Real Estate, Inc.
Buyer's Agent
Tanya Irish
NextHome North Valley Realty
List Price
$439,950
Sold Price
$395,000
Premium/Discount to List
-$44,950
-10.22%
Total Days on Market
64
Views
16
Current Estimated Value
$462,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,815
Avg. Annual Appreciation
2.92%
Original Mortgage
$95,000
Outstanding Balance
$92,175
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Estimated Equity
$332,422

Purchase Details

Closed on
Jun 26, 2003
Sold by
Gordon Dan Jay
Bought by
Gordon Dan J

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
Bernal Family Trust $395,000 Westminster Title
Gordon Dan J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernal Family Trust $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $395,000 -10.2% $329 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $439,950 -- $367 / 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 $4,456 $402,900 $168,300 $234,600
2023 $4,403 $395,000 $165,000 $230,000
2022 $1,117 $99,175 $45,078 $54,097
2021 $1,097 $97,232 $44,195 $53,037
2020 $1,093 $96,236 $43,742 $52,494
2019 $1,074 $94,350 $42,885 $51,465
2018 $1,054 $92,501 $42,045 $50,456
2017 $1,032 $90,688 $41,221 $49,467
2016 $943 $88,911 $40,413 $48,498
2015 $943 $87,576 $39,806 $47,770
2014 $920 $85,862 $39,027 $46,835
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22132683

California Regional Multiple Listing Service (CRMLS)

APN: 003-075-007-000