NOT LISTED FOR SALE

1428 Chicago Ave Corning, CA 96021

Corning Area

Estimated Value: $264,000 - $391,000

2 Beds
2 Baths
1,500 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2018

Last sale price $161,000 $107 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,928 / mo

71 Days on Market

About This Home

As of May 2018

HERE IS YOUR INVESTMENT OPPORTUNITY, LIVE IN ONE RENT THE OTHER OR RENT BOTH OUT. LOCATED IN THE HEART OF TOWN, CLOSE TO SCHOOLS, SHOPPING, PARKS AND TOWN. CHICO IS ONLY 22 MINUTES AWAY. BOTH UNITS HAVE GREAT FLOOR PLANS THAT ARE TIMELESS AND FLOW NICELY. EACH UNIT HAS A LITTLE BACK YARD AREA FOR SMALL ANIMALS AND BBQ. THESE WILL NOT LAST LONG. CALL TO MAKE AN APPOINTMENT FOR YOUR NEW MONEY MAKER TODAY!!

Last Agent to Sell the Property

Colette Cutter

Better Choice Real Estate License #01903952 Listed on: 02/13/2018

Last Buyer's Agent

Non Member (Shasta)

Reciprocal Office Shasta License #0

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • 1,500 Sq Ft Home

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Laundry in unit
  • Rain Gutters

Listing and Financial Details

  • Assessor Parcel Number 071273029000

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Trash Expense $75
  • Water Sewer Expense $75
  • New Taxes Expense $1,100
  • Operating Expense $3,600
  • Gross Income $16,200
  • Net Operating Income $1,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 75.00
  • Property Type: Residential Income
  • Parcel Number: 071273029000
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: One
  • Price Per Square Foot: 107.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Average Studio Area: 500 Square Feet
  • Gross Income: 16200.00
  • Gross Scheduled Income: 16200.00
  • Insurance Expense: 700.00
  • Net Operating Income: 1800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: No
  • Total Expenses: 3600.00

Tax Info

  • New Taxes Expense: 1100.00

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
Oct 18, 2022
Sold by
Bought by
Current Estimated Value
$311,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,707
Outstanding Balance
$220,838
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$90,347
Source: Public Records

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
$237,000 Northern California Title
-- Northern California Title
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 $232,707
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
05/03/2018 05/03/18 Sold $161,000 -4.7% $107 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
03/14/2018 03/14/18 Price Changed $169,000 -4.2% $113 / Sq Ft
02/13/2018 02/13/18 For Sale $176,500 -- $118 / 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
2026 $2,610 $251,505 $63,672 $187,833
2025 $2,541 $246,574 $62,424 $184,150
2023 $2,493 $237,000 $60,000 $177,000
2022 $1,754 $172,622 $32,165 $140,457
2021 $1,687 $169,238 $31,535 $137,703
2020 $1,704 $167,504 $31,212 $136,292
2019 $1,633 $164,220 $30,600 $133,620
2018 $1,018 $95,751 $15,082 $80,669
2017 $1,011 $93,875 $14,787 $79,088
2016 $943 $92,036 $14,498 $77,538
2015 $938 $90,655 $14,281 $76,374
2014 $921 $88,880 $14,002 $74,878
Source: Public Records

Agents Affiliated with this Home

  • Colette Cutter Real Estate Agent - Better Choice Real Estate

    Seller's Agent in 2018

    Colette Cutter

    Better Choice Real Estate

    (530) 840-0466

    181 Total Sales

    Colette Cutter
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member (Shasta)

    Reciprocal Office Shasta

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18034723

California Regional Multiple Listing Service (CRMLS)

APN: 071-273-029-000

California Tehama County Corning 96021

1428 Chicago Ave, Corning, CA

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California Regional Multiple Listing Service (CRMLS) 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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