NOT LISTED FOR SALE

1606 Sunset Ave Chico, CA 95926

Chico Area
4 Beds
2 Baths
1,433 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 9, 2024

Last sale price $515,000 $359 Per Sq Ft

7 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • No HOA
  • Neal Dow Elementary School Rated A-
  • Main Floor Bedroom
  • Ductless Heating Or Cooling System

About This Home

As of May 2024

If you are an investor looking to own a profitable rental without having to lift a finger, this is the opportunity for you. Here is your rare chance to own two turnkey, ready to go rentals on one property. This 3 bed, 1 bath main home with detached studio with additional room and bath is available and packaged as a fully functioning investment property, including all furnishings, photos/marketing materials, management, and future bookings. This cute and updated 40s bungalow is located in one of Chico’s most sought after established neighborhoods and features a brand new 50 year roof with owned solar, original hardwood flooring throughout, newer HVAC, whole house fan, dual pane windows, and stunning corner fireplace that is in working order. Out back there’s a patio with trellis, a grass yard and a storage shed. The studio features a kitchenette with granite countertops, newer mini split unit, as well as its own private patio seating and dedicated alley parking with its own entrance.

Last Agent to Sell the Property

Jordan Claverie

DoorTru License #02232872 Listed on: 04/02/2024

Last Buyer's Agent

Jill Stewart

Re/Max of Chico License #01274907

Re/Max of Chico

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Conventional Septic

Additional Features

  • Guest House
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 003423023000

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All Furnishings
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003423023000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1433.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 359.39
  • Room Type: Family Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Guest House
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 7.00
  • Tax Lot: 5

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
Apr 2, 2024
Closed on
May 6, 2024
Sold by
Bought by
Seller's Agent
Jordan Claverie
DoorTru
Buyer's Agent
Jill Stewart
Re/Max of Chico
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 19, 2021
Sold by
Bought by
Seller's Agent
Gaylene Di Lorenzo
eXp Realty of California, Inc.
Buyer's Agent
Jill Simas
Re/Max of Chico
List Price
$449,900
Sold Price
$465,000
Premium/Discount to List
$15,100
3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$418,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 21, 2016
Sold by
Bought by
Seller's Agent
Lisa Bristow
Platinum Partners Real Estate
Buyer's Agent
Lee Jones
LKJ Realty Inc.
List Price
$299,000
Sold Price
$281,300
Premium/Discount to List
-$17,700
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$276,204
Interest Rate
0.035%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2007
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
$236,800
Interest Rate
0.0615%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 1997
Sold by
Bought by
Source: Public Records
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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
$515,000 Fidelity National Title Compan
$465,000 Mid Valley Title & Escrow Co
$281,500 Mid Valley Title & Escrow Co
$296,000 Mid Valley Title & Escrow Co
$108,000 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
Open $400,000
Closed $400,000
Previous Owner $418,500
Previous Owner $15,599
Previous Owner $276,204
Previous Owner $236,800
Previous Owner $80,000
Previous Owner $15,000
Previous Owner $10,000
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 Prior Sale
05/09/2024 05/09/24 Sold $515,000 -0.8% $359 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $519,000 +11.6% $362 / Sq Ft
08/27/2021 08/27/21 Sold $465,000 +3.4% $324 / Sq Ft View Prior Sale
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $449,900 +59.9% $314 / Sq Ft
04/22/2016 04/22/16 Sold $281,300 -2.7% $196 / Sq Ft View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
02/12/2016 02/12/16 Price Changed $289,000 -3.3% $202 / Sq Ft
01/27/2016 01/27/16 For Sale $299,000 -- $209 / 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 $5,356 $525,300 $193,800 $331,500
2024 $5,356 $483,786 $171,666 $312,120
2023 $5,293 $474,300 $168,300 $306,000
2022 $5,208 $465,000 $165,000 $300,000
2021 $3,450 $307,311 $131,235 $176,076
2020 $3,441 $304,161 $129,890 $174,271
2019 $3,378 $298,198 $127,344 $170,854
2018 $3,317 $292,352 $124,848 $167,504
2017 $3,170 $286,620 $122,400 $164,220
2016 $2,320 $220,000 $125,000 $95,000
2015 $2,355 $220,000 $115,000 $105,000
2014 $2,250 $210,000 $115,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24063109

California Regional Multiple Listing Service (CRMLS)

APN: 003-423-023

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