NOT LISTED FOR SALE

Estimated Value: $537,000 - $612,000

8 Beds
6 Baths
3,150 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $424,125 $135 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,388/month

197 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating
  • Chico Junior High School Rated A-

About This Home

As of November 2019

Chico investment opportunity, a block away from the University, with great rental history. Set back off the street with it's own private parking lot, this duplex comes with low maintenance with great accessibility to campus. Each unit has laundry located in back of unit, separate gas/electric meters, with steady incomes and zero vacancies.

Last Agent to Sell the Property

Casey Smyth

NextHome North Valley Realty License #01941937 Listed on: 04/03/2019

NextHome North Valley Realty

Co-Listed By

Kelli Smyth

NextHome North Valley Realty License #01939578

Last Buyer's Agent

Tara Anderson

Ballou Company License #01860993

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Central Heating
  • Conventional Septic

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, trash collection, water
  • Assessor Parcel Number 043142020000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $500
  • Insurance Expense $1,300
  • Operating Expense $1,800
  • Gross Income $44,820
  • Net Operating Income $43,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 043142020000
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 134.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.40
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 44820.00
  • Gross Scheduled Income: 44820.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 0.1900 Acres
  • Net Operating Income: 43020.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Actual Rent: 3200.00
  • Total Expenses: 1800.00

Tax Info

  • Tax Census Tract: 6.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Anderson Andrew R and Anderson Tara D
Bought by
Anderplan Revocable Trust
Current Estimated Value
$567,443

Purchase Details

Closed on
Aug 11, 2020
Sold by
Anderland Llc
Bought by
Anderson Andrew R and Anderson Tara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
Nov 22, 2019
Sold by
Anderson Andrew R and Anderson Tara D
Bought by
Anderland Llc
Seller's Agent
Casey Smyth
NextHome North Valley Realty
Buyer's Agent
Tara Anderson
Ballou Company
List Price
$585,000
Sold Price
$424,125
Premium/Discount to List
-$160,875
-27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$235,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
Nov 21, 2019
Sold by
Brooks Richard H and Brooks Jane S
Bought by
Anderson Andrew R and Anderson Tara D
Seller's Agent
Casey Smyth
NextHome North Valley Realty
Buyer's Agent
Tara Anderson
Ballou Company
List Price
$585,000
Sold Price
$424,125
Premium/Discount to List
-$160,875
-27.5%

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
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2017
Sold by
Anderplan Revocable Trust
Bought by
Anderland Llc

Purchase Details

Closed on
Jan 2, 2015
Sold by
Maderos Matthew G and Maderos 2005 Family Revocable
Bought by
Brooks Family Trust

Purchase Details

Closed on
May 20, 2009
Sold by
Brooks Richard H and Brooks Jane S
Bought by
Brooks Richard H and Brooks Jane S

Purchase Details

Closed on
Apr 8, 2005
Sold by
Maderos Matthew G
Bought by
Maderos Matthew G and The Maderos 2005 Family Revocable Trust

Purchase Details

Closed on
Dec 9, 1998
Sold by
Maderos Matthew G and Brooks Richard H
Bought by
Maderos Matthew G and Brooks Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Anderplan Revocable Trust $151,727 None Listed On Document
Anderson Andrew R $424,500 Wfg National Title Co Of Ca
Anderland Llc -- Accommodation
Anderson Andrew R $424,500 Bidwell Title & Escrow Co
Anderland Llc $424,500 None Listed On Document
Brooks Family Trust $149,000 Mid Valley Title & Escrow Co
Brooks Richard H -- None Available
Maderos Matthew G -- --
Maderos Matthew G -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Andrew R $243,000
Previous Owner Anderson Andrew R $235,000
Previous Owner Maderos Matthew G $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $424,125 -27.5% $135 / Sq Ft
04/03/2019 04/03/19 For Sale $585,000 -- $186 / 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 $5,041 $464,249 $142,171 $322,078
2024 $5,041 $455,147 $139,384 $315,763
2023 $4,981 $446,223 $136,651 $309,572
2022 $4,902 $437,474 $133,972 $303,502
2021 $4,810 $428,897 $131,346 $297,551
2020 $4,796 $424,500 $130,000 $294,500
2019 $3,834 $338,511 $115,843 $222,668
2018 $3,764 $331,874 $113,572 $218,302
2017 $3,704 $325,368 $111,346 $214,022
2016 $3,382 $318,989 $109,163 $209,826
2015 $3,267 $303,376 $90,039 $213,337
2014 $3,189 $297,435 $88,276 $209,159
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19074491

California Regional Multiple Listing Service (CRMLS)

APN: 043-142-020-000