NOT LISTED FOR SALE

1707 Dayton Rd Chico, CA 95928

Estimated Value: $394,000 - $409,000

5 Beds
2 Baths
1,732 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $245,000 $141 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,440/month

21 Days on Market

Highlights

  • Orchard Views
  • Craftsman Architecture
  • Laundry Room
  • Chico Junior High School Rated A-
  • No HOA
  • Storage

About This Home

As of September 2016

Turnkey duplex with single car garages and fenced yards just minutes from Chico State and downtown. Great opportunity to own investment property so close to town yet in a country setting. Large lot with alley access in addition to concrete driveway. Two units, one is a 2/1 and the other is a 3/1. Central heat and air. Both have laundry hookups in the garage. New interior paint, tiled kitchens and baths. Easy to show! May be purchased along with 1705 Dayton Road, SFH residential income property currently occupied by tenant.

Last Agent to Sell the Property

Kristin Pankhurst

Chico Lifestyle Real Estate License #01477045 Listed on: 07/11/2016

Last Buyer's Agent

Robin Miller

Parkway Real Estate Co. License #01483965

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Fence is in average condition
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Parking Lot
  • Unassigned Parking

Property Views

  • Orchard Views
  • Neighborhood
  • Courtyard

Home Design

  • Craftsman Architecture
  • Property Attached
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property
  • Storage

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 039380031000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $960
  • Water Sewer Expense $780
  • New Taxes Expense $2,300
  • Gross Income $1,800
  • Net Operating Income $16,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 780.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 039380031000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Storage
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 141.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab, Combination, Raised
  • View: Courtyard, Neighborhood, Orchard
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Hardboard, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, On Site, Parking Space, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 960.00
  • Water Source: Public, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 11761.00
  • Price Per Lot Square Foot: 19.47

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 16560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5040.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 1996
Sold by
Maxwell John A and The Maxwell Trust
Bought by
Hoffman Vaden and Hoffman Megan
Current Estimated Value
$401,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hoffman Vaden $245,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Vaden $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $245,000 +7.0% $141 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $229,000 0.0% $132 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $229,000 -- $132 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $3,100 $284,338 $116,056 $168,282
2024 $3,100 $278,764 $113,781 $164,983
2023 $3,064 $273,299 $111,550 $161,749
2022 $3,014 $267,941 $109,363 $158,578
2021 $2,957 $262,688 $107,219 $155,469
2020 $2,949 $259,995 $106,120 $153,875
2019 $2,896 $254,898 $104,040 $150,858
2018 $2,841 $249,900 $102,000 $147,900
2017 $2,785 $245,000 $100,000 $145,000
2016 $1,320 $123,677 $57,716 $65,961
2015 $1,319 $121,821 $56,850 $64,971
2014 $1,289 $119,436 $55,737 $63,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16133769

California Regional Multiple Listing Service (CRMLS)

APN: 039-380-031-000