NOT LISTED FOR SALE

1368 Ringtail Way Chico, CA 95973

Estimated Value: $560,329 - $608,000

5 Beds
4 Baths
2,287 Sq Ft
$256/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $499,000 $218 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,739/month

5 Days on Market

Highlights

  • Open Floorplan
  • High Ceiling
  • Neighborhood Views
  • Bidwell Junior High School Rated A-
  • No HOA
  • Living Room

About This Home

As of December 2020

Location, Location, Location! Close to Bidwell Park, this well maintained duplex is the perfect investment opportunity; or live in one and rent out the other!  The 3 bedroom 2 bathroom main unit has the favored open floor plan, high ceilings and ample number of windows that make the space feel light and bright. Open to the living room, the kitchen features plenty of counter space, loads of cabinetry, a gas range and a breakfast bar. Relax and unwind in the spacious master bedroom that offers a large closet and en suite bath that is perfect for getting ready in the morning. Other amenities include a separate laundry room, a large guest bath, ceilings fans throughout and a 2 car garage. Head upstairs, through the separate entrance, to the spotless 2 bedroom 2 bathroom second unit.  It features high ceilings, a large living space and a full kitchen equipped with tile counters, gas range, a dishwasher, under cabinet lights and a center island. That’s not all. In the second unit, you will find a private balcony, a separate laundry, newer water heater, ceilings fans throughout, upgraded light fixtures, surround sound and a 1 car garage. The list goes on! With its location near schools, restaurants, Wildwood and Bidwell park to its potential rental income you won't want to miss this wonderful opportunity!

Last Listed By

Brandi Laffins

Re/Max of Chico License #01140900 Listed on: 10/29/2020

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,981

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,287 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Living Room Balcony
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 245
  • Assessor Parcel Number 016320046000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,169
  • Trash Expense $442
  • New Taxes Expense $4,802
  • Operating Expense $4,562
  • Gross Income $30,300
  • Net Operating Income $26,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,981

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 016320046000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 218.19
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 442.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 30300.00
  • Gross Scheduled Income: 30300.00
  • Insurance Expense: 1169.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 26907.00
  • 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 Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3393.00
  • Rent Control: Yes
  • Total Expenses: 4562.00

Tax Info

  • New Taxes Expense: 4802.00
  • Tax Census Tract: 1.03
  • Tax Lot: 245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 25, 2020
Sold by
Curtis Kerry P and Curtis Lynn W
Bought by
Crawford Robert J and Crawford Margaret P
Seller's Agent
Brandi Laffins
Re/Max of Chico
Buyer's Agent
Kurt Gilbertson
Gilbertson Real Estate
List Price
$499,000
Sold Price
$499,000
Total Days on Market
5
Current Estimated Value
$584,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,582
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Aug 8, 2007
Sold by
Curtis Kerry P and Curtis Lynn W
Bought by
Curtis Kerry P and Curtis Lynn W

Purchase Details

Closed on
Feb 21, 2007
Sold by
Mariposa Traditions Inc
Bought by
Curtis Kerry P and Curtis Lynn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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

Similar Homes in Chico, CA

  • 2465 Pillsbury Rd, Chico, CA 95926

    $499,000

    • 5 Beds
    • 4 Baths
    • 2,915 Sq Ft
    • 2465 Pillsbury Rd
    • Chico, CA

    Very spacious Duplex with 3 bedrooms 2 bath on unit 2465 and 2 bedrooms 2 bath on unit 2475. All the units have nice size bedrooms, indoor laundry. There are 10 off street parking spots inlcuding a detached 2 car garage for each unit which could be used for storage. There is an attached owner's storage unit available too. These units are close to the local bus transport, freeway, shopping,

    Sandy Stoner Century 21 Select Real Estate, Inc.

    Section Image
  • 570 E 3rd Ave, Chico, CA 95926

    $635,000

    • 3 Beds
    • 3 Baths
    • 1,750 Sq Ft
    • 570 E 3rd Ave
    • Chico, CA

    570 E 3rd Avenue is a charming, 3 unit property nestled in the heart of Chico, California. Built in 1956, each 1-bed, 1-bath unit offers contemporary amenities, seamlessly blending timeless mid-century charm with modern functionality for enhanced comfort and versatility.The property presents a compelling opportunity for investors seeking multiple units, proximity to a variety of amenities, and

    Michael Lee Ryno Company

    Section Image
  • 17 Santos Way, Chico, CA 95973

    $529,000

    • 5 Beds
    • 4 Baths
    • 2,184 Sq Ft
    • 17 Santos Way
    • Chico, CA

    Fantastic investment - or possibly the perfect opportunity to live in one unit while earning a solid income from the second! Well located and immaculately maintained 2 unit building on a quiet cul-de-sac. Units are in tremendous condition both inside and out. 17 Santos is a 2 bedroom, 2 bath with good size living room, new flooring, laundry hookups, a single car garage and a nice metal carport

    Daniel Bosch Re/Max of Chico

    Section Image
  • 454 E 8th St, Chico, CA 95928

    $625,000

    • 5 Beds
    • 4 Baths
    • 3,085 Sq Ft
    • 454 E 8th St
    • Chico, CA

    This Historic 4-Plex near Downtown Chico is available for sale! With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential

    Becky Prater Platinum Partners Real Estate

    Section Image
  • 1001 Salem St, Chico, CA 95928

    $509,000

    • 3 Beds
    • 3 Baths
    • 2,032 Sq Ft
    • 1001 Salem St
    • Chico, CA

    Charming Tri-Plex Near Chico State - Recently Remodeled & Rented! Opportunity knocks with this clean and well-maintained tri-plex in a prime Chico location! Just minutes from Chico State, Historic Downtown, and local dining and shopping, this property features three separate units - each with its own fenced backyard and shaded by mature trees. The first unit is a 2-bedroom, 1-bathroom; the second

    Tamara Lambert Thrive Real Estate Company

    Section Image
  • 831 Rio Chico Way, Chico, CA 95928

    $699,000

    • 7 Beds
    • 3 Baths
    • 1,956 Sq Ft
    • 831 Rio Chico Way
    • Chico, CA

    Nestled in a highly sought-after location just steps from Chico State University, vibrant downtown Chico, and a variety of local amenities, this charming duplex presents an incredible investment opportunity. Whether you're looking to generate extra income or expand your real estate portfolio, this property offers two well-appointed units designed for both comfort and convenience. Each unit boasts

    Nicholas Jackson Re/Max of Chico

    Section Image
  • 1131 W 6th St, Chico, CA 95928

    $639,000

    • 6 Beds
    • 4 Baths
    • 2,200 Sq Ft
    • 1131 W 6th St
    • Chico, CA

    Welcome to 1131 & 1133 W. 6th St, an exceptional investment opportunity, just blocks from Chico State University and Historic Downtown. This property features two beautifully upgraded homes on one lot, offering rare versatility and long-term value in a highly sought-after location. The front home (1131) is a spacious 4-bedroom,2-bathroom residence with a finished basement that serves as a perfect

    Alisha Simpkins Keller Williams Realty Chico Area

    Section Image
  • 1905 Normal Ave, Chico, CA 95928

    $600,000

    • 4 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 1905 Normal Ave
    • Chico, CA

    Quadplex investment opportunity. This Barber Neighborhood property is less than a block away from the proposed Barber Yard Development that is currently under review by the City of Chico. A copy of the Barber Yard Specific Plan is available to the public. This property features (4) one bedroom, one bathroom units with separate gas and electric meters. The front and back of the property serve as

    Rob Haley Keller Williams Realty Chico Area

    Section Image

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
Crawford Robert J $499,000 Mid Valley Title & Escrow Co
Curtis Christopher John -- Mid Valley Title & Escrow Co
Curtis Kerry P -- None Available
Curtis Kerry P $391,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curtis Kerry P $312,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $499,000 0.0% $218 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $499,000 -- $218 / 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 $5,981 $529,541 $191,017 $338,524
2023 $5,843 $519,159 $187,272 $331,887
2022 $5,752 $508,980 $183,600 $325,380
2021 $5,644 $499,000 $180,000 $319,000
2020 $5,415 $475,000 $160,000 $315,000
2019 $4,802 $420,000 $160,000 $260,000
2018 $4,285 $375,000 $125,000 $250,000
2017 $4,171 $365,000 $130,000 $235,000
2016 $3,741 $350,000 $120,000 $230,000
2015 $3,755 $345,000 $120,000 $225,000
2014 $3,074 $280,000 $85,000 $195,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20228307

California Regional Multiple Listing Service (CRMLS)

APN: 016-320-046-000