NOT LISTED FOR SALE

1520 Mor Dell Rd Paradise, CA 95969

Paradise Area

Estimated Value: $44,000 - $125,472

3 Beds
2 Baths
1,392 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2016

Last sale price $76,000 $55 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $531 / mo

242 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Neighborhood Views
  • Wooded Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2016

Affordable income property! Two houses on one lot in lower Paradise, close to services and an easy hop to Chico. One house is a generous sized two bedroom featuring laminate flooring throughout with the exception of the kitchen and bathrooms, granite counters, newer appliances and lighting fixtures, and lots of closet space. The other is cute and tidy on the inside. Both homes have laundry with gas hook ups for dryers, recently upgraded electrical services, separated utilities, and their own individual yards. This place would be a great way to start building your Real Estate portfolio.

Last Agent to Sell the Property

Adam Fedeli

Chico Homes License #01175184 Listed on: 11/02/2015

Last Buyer's Agent

Adam Fedeli

Chico Homes License #01175184 Listed on: 11/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 15,246 Sq Ft Lot
  • No Common Walls
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Conventional Septic

Additional Features

  • More Than Two Accessible Exits
  • Shed

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 054131078000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Maintenance Expense $600
  • Trash Expense $360
  • Water Sewer Expense $720
  • New Taxes Expense $1,450
  • Gross Income $1,350
  • Net Operating Income $12,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.35 Acres

Listing Details

  • Inclusions: Appliances owned by the Seller, stoves, one fridge, window A.C. units.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Not Maintained, Gravel
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 054131078000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 54.60

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fencing: Partial, Wood, Wire
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Outside
  • Sewer: Conventional Septic
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Foothills

Lot Info

  • Lot Features: Treed Lot
  • Lot Size Sq Ft: 15246.00
  • Price Per Lot Square Foot: 4.98
  • Lot Size Acres: 0.3500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1350.00
  • Gross Multiplier: 9.00
  • Gross Scheduled Income: 16200.00
  • Insurance Expense: 900.00
  • Lot Size Area: 15246.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 12150.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 4050.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1450.00
  • Taxes Percent: 1.00

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
Jul 11, 2025
Sold by
Bought by
Current Estimated Value
$84,736

Purchase Details

Listed on
Nov 2, 2015
Closed on
May 27, 2016
Sold by
Bought by
Seller's Agent
Adam Fedeli
Chico Homes
Buyer's Agent
Adam Fedeli
Chico Homes
List Price
$145,000
Sold Price
$76,000
Premium/Discount to List
-$69,000
-47.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Apr 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
0.0556%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
-- Mid Valley Title
$76,000 Mid Valley Title & Escrow Co
$148,000 Bidwell Title & Escrow Co
-- --
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
Previous Owner $68,000
Previous Owner $118,400
Previous Owner $57,000
Previous Owner $17,000
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
06/10/2016 06/10/16 Sold $76,000 -47.6% $55 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
05/28/2015 05/28/15 For Sale $145,000 -- $104 / 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 $777 $30,000 $30,000
2024 $777 $30,000 $30,000 $0
2023 $741 $35,000 $35,000 $0
2022 $693 $35,000 $35,000 $0
2021 $583 $25,000 $25,000 $0
2020 $528 $25,000 $25,000 $0
2019 $458 $25,000 $25,000 $0
2018 $890 $79,070 $41,616 $37,454
2017 $876 $77,520 $40,800 $36,720
2016 $1,511 $140,000 $70,000 $70,000
2015 $1,404 $130,000 $60,000 $70,000
2014 $1,304 $120,000 $55,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15114641

California Regional Multiple Listing Service (CRMLS)

APN: 054-131-078-000

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