NOT LISTED FOR SALE
4 Beds
2 Baths
1,824 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: July 7, 2020

Last sale price $440,000 $241 Per Sq Ft

18 Days on Market

Highlights

  • 0.29 Acre Lot
  • Granite Countertops
  • Zoned Heating and Cooling
  • Parkview Elementary School Rated A-
  • Neighborhood Views
  • Level Lot

About This Home

As of July 2020

Revamped & Ready to Roll! Live in one unit, and rent the other— This spacious lot boasts a charming 2 bedroom/1 bath home, and 2 bedroom/1 bath apartment over a 3 bay garage with a large shop. Both dwellings feature updated kitchens, and bathrooms, with new energy efficient window and mini split heating & cooling. Centrally located with easy access to the freeway, this is an amazing opportunity to live and work, with over 800 sf of storage and flexible zoning. Seize your investment opportunity today, and embrace your inner landlord today!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 05/21/2020

Re/Max of Chico

Last Buyer's Agent

Jessica Sorenson

Re/Max of Chico License #02074457

Re/Max of Chico
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 12,632 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Granite Countertops
  • Laundry in Garage

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 6 / 10
  • Assessor Parcel Number 004331010000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $5,049
  • Operating Expense $6,249
  • Gross Income $3,200
  • Net Operating Income $32,151

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.29 Acres

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 004331010000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: One
  • Price Per Square Foot: 241.23

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 32151.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6249.00
  • Rent Control: Yes
  • Total Expenses: 6249.00

Tax Info

  • New Taxes Expense: 5049.00
  • Tax Block: 10
  • Tax Census Tract: 10.00
  • Tax Lot: 6

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
Nov 25, 2020
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
$380,500
Outstanding Balance
$331,565
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 6, 2020
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Jessica Sorenson
Re/Max of Chico
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 30, 2020
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Jessica Sorenson
Re/Max of Chico
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2019
Closed on
Jan 28, 2020
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$395,000
Sold Price
$305,000
Premium/Discount to List
-$90,000
-22.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.91%
Original Mortgage
$310,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2005
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
$150,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 29, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- First American Title
-- Mid Valley T&E Co
-- Mid Valley Title & Escrow Co
$440,000 Mid Valley T&E Co
$305,000 Mid Valley Title & Escrow Co
$370,000 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 $380,500
Closed $374,000
Previous Owner $310,000
Previous Owner $150,000
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 Prior Sale
07/07/2020 07/07/20 Sold $440,000 -2.0% $241 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $449,000 -2.2% $246 / Sq Ft
05/21/2020 05/21/20 For Sale $459,000 +50.5% $252 / Sq Ft
02/14/2020 02/14/20 Sold $305,000 -9.6% $167 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $337,500 -4.9% $185 / Sq Ft
08/17/2019 08/17/19 Price Changed $355,000 -5.3% $195 / Sq Ft
07/31/2019 07/31/19 Price Changed $375,000 -5.1% $206 / Sq Ft
07/19/2019 07/19/19 For Sale $395,000 -- $217 / 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 $5,253 $481,199 $196,854 $284,345
2024 $5,253 $471,765 $192,995 $278,770
2023 $5,192 $462,515 $189,211 $273,304
2022 $5,110 $453,447 $185,501 $267,946
2021 $5,010 $444,557 $181,864 $262,693
2020 $3,480 $305,000 $125,000 $180,000
2019 $3,600 $315,000 $125,000 $190,000
2018 $3,320 $290,000 $105,000 $185,000
2017 $3,200 $280,000 $105,000 $175,000
2016 $2,877 $270,000 $105,000 $165,000
2015 $2,919 $270,000 $105,000 $165,000
2014 $2,486 $230,000 $85,000 $145,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20097269

California Regional Multiple Listing Service (CRMLS)
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