NOT LISTED FOR SALE

1440 Spruce Ave Unit A Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $395,000 - $445,000

4 Beds
2 Baths
1,810 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2015

Last sale price $245,000 $135 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,678 / mo

167 Days on Market

Highlights

  • Fishing
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Chico Junior High School Rated A-
  • Neighborhood Views
  • Laundry in Carport

About This Home

As of September 2015

UNDER MARKET RENT DUPLEX! This property presents a unique opportunity to own a duplex in the heart of Chico's avenues. Two 2 bedroom 1 bathroom units connected by a covered carport area. the front unit is approximately 730 SqFt 2BD/1BA and a larger 1,000+ SqFt unit in the rear. The front unit received extensive updating in the last two years! This property is hard to beat, dual pane windows, stucco, newer cabinets, newer appliances, long term tenants, Wow! Call today!

Last Agent to Sell the Property

Chari Bullock

American Homes and Land License #01426229 Listed on: 02/14/2015

Last Buyer's Agent

Mike McCrady

Michael McCrady, Broker License #01234296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1980

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views
  • Laundry in Carport

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 003442020000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Fishing

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $800
  • Water Sewer Expense $500
  • New Taxes Expense $2,700
  • Operating Expense $5,700
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,664

Year Built

Built in 1980

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 003442020000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 135.36

Exterior Features

  • View: Neighborhood
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area, In Carport
  • Sewer: Conventional Septic
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6534.00
  • Price Per Lot Square Foot: 37.50
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 5700.00
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 2700.00
  • Tax Annual Amount: 1664.00
  • Tax Year: 2014

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/11/2015 09/11/15 Sold $245,000 -6.8% $135 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
02/14/2015 02/14/15 For Sale $263,000 -- $145 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA15032136

California Regional Multiple Listing Service (CRMLS)

APN: 003-442-020-000

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