Seller's Agent in 2024
Steven Depa
RE/MAX
(530) 520-8672
22 in this area
144 Total Sales
1360 Palm Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated Value: $506,943 - $556,000
9
Beds
3
Baths
2,838
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Laundry Room
- Chico Junior High School Rated A-
- Central Heating and Cooling System
About This Home
As of May 2024Embrace the charm and practicality of this inviting triplex, nestled in the serene Avenues neighborhood. Each of the three units within this property offers a spacious layout, featuring three bedrooms and one bathroom, all designed with a consistent floor plan that maximizes both comfort and utility for its residents. Residents on the ground floor units delight in private yards, perfect for relaxation or casual outdoor gatherings, and the entire property benefits from low-maintenance landscaping, allowing for effortless enjoyment of the outdoor spaces. Comfort & convenience is further enhanced by central heat & air and on-site coin-operated laundry facilities, with ample off-street parking... A great find in such a sought-after location. Situated in a neighborhood known for its easy access to local amenities, this triplex is just a short jaunt to shops, dining, and entertainment options, making it an ideal investment for those seeking a blend of lifestyle and location. Perfect for investors or those looking for a multi-family property, this triplex offers simplicity, convenience, and the timeless appeal of the Avenues. Don’t miss out on this opportunity!
Last Agent to Sell the Property
Re/Max of Chico Brokerage Phone: 530-896-9339 License #00813533 Listed on: 04/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,861
Year Built
- Built in 1984
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- No Landscaping
Home Design
- Triplex
Interior Spaces
- 2,838 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Legal Lot and Block 5 / 9
- Assessor Parcel Number 003444016000
Community Details
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $416
- Insurance Expense $1,800
- Trash Expense $468
- Water Sewer Expense $392
- New Taxes Expense $5,456
- Operating Expense $8,532
- Gross Income $3,620
- Net Operating Income $34,908
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Apr 24, 2024
Sold by
Mcburney Victor D and Mcburney Pamela
Bought by
Mitchell F And Amanda E Miller Family Trust and Miller
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Brandi Laffins
Re/Max of Chico
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,298
Avg. Annual Appreciation
2.03%
Purchase Details
Closed on
Mar 15, 1999
Sold by
Mcburney Eugene and Mcburney Pearl M
Bought by
Mcburney Victor D and Mcburney Pamela
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell F And Amanda E Miller Family Trust | $500,000 | Mid Valley Title & Escrow | |
| Mcburney Victor D | -- | Bidwell Title & Escrow Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcburney Pearl M | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $500,000 | +3.1% | $176 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $485,000 | -- | $171 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,861 | $510,000 | $193,800 | $316,200 |
| 2024 | $2,861 | $257,721 | $56,853 | $200,868 |
| 2023 | $2,827 | $252,669 | $55,739 | $196,930 |
| 2022 | $2,781 | $247,716 | $54,647 | $193,069 |
| 2021 | $2,729 | $242,860 | $53,576 | $189,284 |
| 2020 | $2,721 | $240,371 | $53,027 | $187,344 |
| 2019 | $2,672 | $235,659 | $51,988 | $183,671 |
| 2018 | $2,623 | $231,039 | $50,969 | $180,070 |
| 2017 | $2,569 | $226,510 | $49,970 | $176,540 |
| 2016 | $2,345 | $222,070 | $48,991 | $173,079 |
| 2015 | $2,345 | $218,736 | $48,256 | $170,480 |
| 2014 | $2,302 | $214,452 | $47,311 | $167,141 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Brandi Laffins
RE/MAX
(530) 321-9562
12 in this area
156 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24063659
APN: 003-444-016-000
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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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