Seller's Agent in 2019
Brian Littrell
Commercial Brokers of California
(530) 514-9035
40 Total Sales
1620 Locust St Chico, CA 95928
Mulberry Neighborhood
4
Beds
2
Baths
1,536
Sq Ft
9,148
Sq Ft Lot
Highlights
- Open Floorplan
- Property is near public transit
- Neighborhood Views
- Harry M. Marsh Junior High School Rated A-
- Private Yard
- Cottage
About This Home
As of October 2019Investment opportunity knocks! First time on the market, in over 30+ years. Centrally located duplex, close to downtown, schools, shopping, and public transportation. The Subject property consists of 2 separate/detached houses, situated on a nice size, rectangular lot (zoned RMU), with mature shade trees/landscaping, and connected to City Services. There is a carport with dedicated parking at the rear of the property, with alley access, off of 16th St. Both units have a 2 bed/1 bath configuration, with an open floor plan, separately metered PG&E, ample size backyards, and long term tenants, who would like to stay! The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.
Last Agent to Sell the Property
Commercial Brokers of California License #01350075 Listed on: 04/30/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,553
Year Built
- Built in 1973
Lot Details
- 9,148 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Fence is in average condition
- Landscaped
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
- Front Yard
Home Design
- Duplex
- Cottage
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Raised Foundation
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 1,536 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Window Screens
- Sliding Doors
- Living Room
- Neighborhood Views
Kitchen
- Electric Range
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Detached Carport Spaces
- No Driveway
- On-Street Parking
- Off-Street Parking
Accessible Home Design
- No Interior Steps
- Entry Slope Less Than 1 Foot
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities, cable TV
- Assessor Parcel Number 005207009000
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Professional Management Expense $1,356
- Trash Expense $420
- Water Sewer Expense $876
- New Taxes Expense $3,100
- Operating Expense $6,552
- Gross Income $19,380
- Net Operating Income $12,828
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2019 10/10/19 | Sold | $288,825 | -7.6% | $188 / Sq Ft |
| 08/29/2019 08/29/19 | Pending | -- | -- | -- |
| 06/13/2019 06/13/19 | Price Changed | $312,500 | 0.0% | $203 / Sq Ft |
| 06/13/2019 06/13/19 | For Sale | $312,500 | +4.5% | $203 / Sq Ft |
| 05/16/2019 05/16/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | For Sale | $299,000 | -- | $195 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2023 | $5,568 | $496,384 | $126,140 | $370,244 |
| 2022 | $5,481 | $486,652 | $123,667 | $362,985 |
| 2021 | $3,304 | $291,817 | $121,243 | $170,574 |
| 2020 | $3,297 | $288,825 | $120,000 | $168,825 |
| 2019 | $1,582 | $136,044 | $69,259 | $66,785 |
| 2018 | $1,552 | $133,377 | $67,901 | $65,476 |
| 2017 | $1,517 | $130,763 | $66,570 | $64,193 |
| 2016 | $1,388 | $128,200 | $65,265 | $62,935 |
| 2015 | $1,387 | $126,275 | $64,285 | $61,990 |
| 2014 | $1,359 | $123,802 | $63,026 | $60,776 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Littrell
-
Lora Trenner
Buyer's Agent in 2019
Lora Trenner
RE/MAX
(530) 228-9356
1 in this area
129 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN19098908
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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