NOT LISTED FOR SALE

Estimated Value: $358,000 - $399,356

2 Beds
1 Bath
1,345 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2024

Last sale price $365,000 $271 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,437 / mo

4 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Central Heating and Cooling System
  • Chico Junior High School Rated A-

About This Home

As of April 2024

Located in the bustling Barber Neighborhood at Chestnut and 15th, this 2-unit property offers a lucrative investment prospect. With a strong rental history and ease of tenant placement, it promises steady income. Each unit boasts comfortable living spaces, and practical layouts. The neighborhood's amenities, shops, and schools enhance its appeal. Don't miss the chance to own this income-generating asset in a sought-after location.

Last Agent to Sell the Property

Dan Anderson

IPM Brokerage Phone: 530-518-3808 License #01755557 Listed on: 03/04/2024

Last Buyer's Agent

Allan MacDonald

Century 21 Select Real Estate, Inc. License #01320729

Century 21 Select Real Estate, Inc.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 1980

Lot Details

  • 3,920 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,345 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 20,21 / 22
  • Assessor Parcel Number 005191003000
  • $748 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $467
  • Water Sewer Expense $5,400
  • Operating Expense $10,204
  • Gross Income $22,579
  • Net Operating Income $12,374

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 5400.00
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 005191003000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 271.38

Exterior Features

  • Fence: No
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 467.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 22579.00
  • Gross Scheduled Income: 22579.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 12374.00
  • 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: 10204.00
  • Rent Control: Yes
  • Total Expenses: 10204.00

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 12.00
  • Tax Lot: 20,21
  • TaxOtherAnnualAssessmentAmount: 748.00

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

Listed on
Mar 4, 2024
Closed on
Apr 11, 2024
Sold by
Martin Joshua J
Bought by
Seller's Agent
Dan Anderson
IPM
Buyer's Agent
Allan MacDonald
Century 21 Select Real Estate, Inc.
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%
Views
15
Current Estimated Value
$377,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,949
Avg. Annual Appreciation
1.14%
Original Mortgage
$263,165
Outstanding Balance
$260,146
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$114,693

Purchase Details

Closed on
Nov 26, 2007
Sold by
Imhoff Ronald A and Imhoff Barbara A
Bought by
Martin Joshua J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
6.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 1999
Sold by
Imhoff Ronald A and Imhoff Barbara A
Bought by
Imhoff Ronald A and Imhoff Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
6.63%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Barber Yard, CA

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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
$365,000 Mid Valley Title
Martin Joshua J $240,000 Fidelity Natl Title Co Of Ca
Imhoff Ronald A -- Fidelity National 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 $263,165
Previous Owner Martin Joshua J $152,500
Previous Owner Martin Joshua J $225,600
Previous Owner Imhoff Ronald A $73,100
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
04/23/2024 04/23/24 Sold $365,000 -1.4% $271 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $370,000 -- $275 / 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 $4,342 $379,746 $197,676 $182,070
2025 $3,444 $372,300 $193,800 $178,500
2024 $3,444 $309,049 $135,209 $173,840
2023 $3,404 $302,990 $132,558 $170,432
2022 $3,353 $297,050 $129,959 $167,091
2021 $3,286 $291,226 $127,411 $163,815
2020 $3,279 $288,241 $126,105 $162,136
2019 $3,223 $282,590 $123,633 $158,957
2018 $3,162 $277,050 $121,209 $155,841
2017 $2,626 $230,000 $110,000 $120,000
2016 $2,447 $230,000 $85,000 $145,000
2015 $2,269 $210,000 $85,000 $125,000
2014 $1,892 $175,000 $85,000 $90,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24044435

California Regional Multiple Listing Service (CRMLS)

APN: 005-191-003-000

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