1518 W 5th St Chico, CA 95928
South Campus NeighborhoodEstimated Value: $771,000 - $885,588
6
Beds
5
Baths
3,403
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- High Ceiling
- Neighborhood Views
- Chico Junior High School Rated A-
- No HOA
- Balcony
About This Home
As of July 2015Turnkey income property with good rental history in excellent condition. Great location in Chico. 3 units with high ceilings, tons of natural light, large kitchens with eating nook and spacious bedrooms and baths. All units are alarmed through ADT with sensors on all downstairs windows. 2 units have new interior paint and the 3 bedroom has tile thoughout the main living areas, kitchen, living and dining nook with 2 story ceiling in family room. The 1 bedroom has vaulted ceilings with wood beams and open kitchen and dining layout. 3 single car garages are rented separately at $100 each. Plenty of parking and a shady back yard and picnic bench area. This property is great for investors looking for easy renting in a popular location. Class A building immaculately maintained.
Last Agent to Sell the Property
Kristin Pankhurst
Chico Lifestyle Real Estate License #01477045 Listed on: 06/23/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,008
Year Built
- Built in 2002
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- 1 Carport Space
- Parking Available
- Unassigned Parking
Home Design
- Contemporary Architecture
- Property Attached
- Turnkey
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,403 Sq Ft Home
- 2-Story Property
- High Ceiling
- Double Pane Windows
- Blinds
- Neighborhood Views
- Laundry Room
Kitchen
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 5 Bathrooms
Home Security
- Home Security System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Cable TV Available
Additional Features
- Balcony
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 004104013000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $75
- Gardener Expense $780
- Insurance Expense $1,300
- Trash Expense $912
- Water Sewer Expense $1,200
- New Taxes Expense $5,900
- Gross Income $3,900
- Net Operating Income $40,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2015
Closed on
Jul 9, 2015
Sold by
Munoz Gordon and The Gordon Munoz Revocable Tru
Bought by
Dove Perry J and Dove Laurie J
Seller's Agent
Kristin Pankhurst
Chico Lifestyle Real Estate
Buyer's Agent
Ryan Vaught
Ryno Company
List Price
$549,000
Sold Price
$546,000
Premium/Discount to List
-$3,000
-0.55%
Total Days on Market
2
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
$280,147
Avg. Annual Appreciation
4.26%
Purchase Details
Closed on
Mar 27, 2007
Sold by
Munoz Gordon
Bought by
Munoz Gordon and Gordon Munoz Revocable Trust
Purchase Details
Closed on
May 27, 2005
Sold by
Hulen Paula
Bought by
Munoz Gordon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
5.74%
Mortgage Type
Stand Alone First
Similar Homes in Chico, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dove Perry J | $546,000 | Fidelity Natl Title Co Of Ca | |
| Munoz Gordon | -- | None Available | |
| Munoz Gordon | $515,000 | Mid Valley Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Munoz Gordon | $34,500 | |
| Previous Owner | Munoz Gordon | $360,500 | |
| Previous Owner | Hulen Paula | $272,000 | |
| Previous Owner | Hulen Paula | $264,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2015 07/16/15 | Sold | $546,000 | -0.5% | $160 / Sq Ft |
| 06/25/2015 06/25/15 | Pending | -- | -- | -- |
| 06/23/2015 06/23/15 | For Sale | $549,000 | -- | $161 / 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 |
|---|---|---|---|---|
| 2024 | $7,008 | $633,672 | $174,085 | $459,587 |
| 2023 | $6,925 | $621,248 | $170,672 | $450,576 |
| 2022 | $6,815 | $609,068 | $167,326 | $441,742 |
| 2021 | $6,687 | $597,127 | $164,046 | $433,081 |
| 2020 | $6,668 | $591,005 | $162,364 | $428,641 |
| 2019 | $6,547 | $579,418 | $159,181 | $420,237 |
| 2018 | $6,427 | $568,058 | $156,060 | $411,998 |
| 2017 | $6,297 | $556,920 | $153,000 | $403,920 |
| 2016 | $5,747 | $546,000 | $150,000 | $396,000 |
| 2015 | $3,905 | $365,000 | $130,000 | $235,000 |
| 2014 | $2,931 | $275,000 | $130,000 | $145,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2015
Kristin Pankhurst
Chico Lifestyle Real Estate
(530) 591-0602
2 Total Sales
-
Ryan Vaught
Buyer's Agent in 2015
Ryan Vaught
Ryno Company
(530) 343-2959
5 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH15136290
APN: 004-104-013-000
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