Seller's Agent in 2024
Steven Depa
RE/MAX
(530) 520-8672
119 Total Sales
Estimated Value: $305,000 - $322,000
3
Beds
2
Baths
1,150
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Back Yard
- Chico Junior High School Rated A-
About This Home
As of March 2024Charming Income Property Near Chico State University – Ideal Investment Opportunity! Nestled in a quaint neighborhood on the west side of Chico, and conveniently situated near to Chico State University and the vibrant downtown Chico this income generating property is an attractive option for a variety of tenants. The charming main house features 2 bedrooms and 1 bathroom with a spacious laundry area that offers ample room for additional storage – a practical feature for tenants! Above the main house sits a bright and inviting 1 bedroom, 1 bathroom apartment. This property also offers an external storage shed sits amidst a lush, low-maintenance landscape, with off street parking. With a GSI of ~$23,500 a year, this property presents a lucrative opportunity for investors looking to expand their portfolio. PLEASE DO NOT DISTURB TENANTS.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- 1 Common Wall
- Back Yard
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,150 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 004500073000
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,173
- Trash Expense $307
- Water Sewer Expense $904
- New Taxes Expense $3,364
- Operating Expense $5,748
- Gross Income $1,960
- Net Operating Income $17,772
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
Listed on
Jan 31, 2024
Closed on
Feb 27, 2024
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Heather DeLuca
Re/Max of Chico
List Price
$299,000
Sold Price
$312,000
Premium/Discount to List
$13,000
4.35%
Views
29
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
$2,248
Avg. Annual Appreciation
0.32%
Original Mortgage
$280,800
Outstanding Balance
$276,182
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$38,066
Purchase Details
Closed on
Dec 17, 2014
Sold by
Bought by
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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 |
|---|---|---|---|
| $312,000 | Mid Valley Title | ||
| -- | None Available |
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 | $280,800 |
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 |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $312,000 | +4.3% | $271 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $299,000 | -- | $260 / 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 | $946 | $318,240 | $168,300 | $149,940 |
| 2024 | $946 | $83,967 | $44,194 | $39,773 |
| 2023 | $936 | $82,322 | $43,328 | $38,994 |
| 2022 | $920 | $80,709 | $42,479 | $38,230 |
| 2021 | $902 | $79,128 | $41,647 | $37,481 |
| 2020 | $900 | $78,317 | $41,220 | $37,097 |
| 2019 | $884 | $76,782 | $40,412 | $36,370 |
| 2018 | $866 | $75,277 | $39,620 | $35,657 |
| 2017 | $849 | $73,802 | $38,844 | $34,958 |
| 2016 | $776 | $72,356 | $38,083 | $34,273 |
| 2015 | $776 | $71,270 | $37,511 | $33,759 |
| 2014 | $772 | $69,875 | $36,777 | $33,098 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
-
Heather DeLuca
Buyer's Agent in 2024
Heather DeLuca
RE/MAX
(530) 228-1480
102 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24017770
APN: 004-500-073-000
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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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