NOT LISTED FOR SALE

Estimated Value: $324,062

4 Beds
2 Baths
1,922 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $205,000 $107 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,986/month

About This Home

As of December 2015

Both houses contain 2 bedrooms 1 bath with private yards. Access to second home is off the alley, both houses have been recently re-roofed (2015) and updated as needed.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 12/17/2015

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 12/17/2015

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 1,922 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 005251002000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100
  • New Taxes Expense $2,350
  • Gross Income $1,790
  • Net Operating Income $18,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,113

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 005251002000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 106.66

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 11326.00
  • Price Per Lot Square Foot: 18.10
  • Lot Size Acres: 0.2600

Multi Family

  • Gross Income: 1790.00
  • Gross Scheduled Income: 21480.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 18030.00
  • 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: 3450.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2014
Sold by
Schiff Randall J
Bought by
Schiff Randall J and Schiff Laura
Total Days on Market
0
Current Estimated Value
$324,062

Purchase Details

Closed on
Apr 27, 2009
Sold by
Clark Lloyd F and Clark Loretta F
Bought by
Schiff Randall J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Outstanding Balance
$103,050
Interest Rate
4.82%
Mortgage Type
Seller Take Back
Estimated Equity
$342,030

Purchase Details

Closed on
Apr 2, 2002
Sold by
Clark Lloyd F and Clark Loretta F
Bought by
Clark Lloyd F and Clark Loretta F
Source: Public Records

Similar Homes in Chico, CA

  • 578 E 19th St, Chico, CA 95928

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,446 Sq Ft
    • 578 E 19th St
    • Chico, CA

    Welcome to an exceptional investment opportunity in a convenient Chico location! This upgraded property offers the rare chance to live in one unit while generating income from the separate studio—perfect for offsetting your mortgage or launching your real estate portfolio. The main living space features 2 bedroom 1 bath home featuring high ceilings, granite countertops, and an abundance of

    Mariah Thompson Platinum Partners Real Estate

    Section Image
  • 472 E 21st St, Chico, CA 95928

    $389,000

    • 3 Beds
    • 2.5 Baths
    • 860 Sq Ft
    • 472 E 21st St
    • Chico, CA

    Live in one and rent the other! Main house is a very nice 3 bedroom 2 bath home that has been remodeled with new roof, new paint in/out, new flooring, new doors and baseboard, and new kitchen with granite counters. The main house has private fenced yard and laundry hookups. The second unit is located above the garage and has 1 bedroom and 1 bath with laundry hookups. Each unit has its own

    Mike McCrady Michael McCrady, Broker

    Section Image
  • 772 Colorado St, Chico, CA 95928

    $390,000

    • 6 Beds
    • 3 Baths
    • 2,142 Sq Ft
    • 772 Colorado St
    • Chico, CA

    This triplex offers a fantastic opportunity with three 2-bedroom, 1-bath units on a generous .2-acre corner lot. The upstairs unit has been refreshed with laminate flooring in the main living areas, newer carpet in the bedrooms, and a bathroom update featuring a newer tub/shower insert. All units include gas ranges, ample storage, and ceiling fans for added comfort. The property would benefit

    Heather Cooper Willow & Birch Realty, Inc

    Section Image
  • 1062 Humboldt Ave, Chico, CA 95928

    $399,999

    • 6 Beds
    • 3 Baths
    • 2,142 Sq Ft
    • 1062 Humboldt Ave
    • Chico, CA

    Looking for a solid investment opportunity? This triplex is ready for a new owner to bring out its full potential. Each of the three units offers 2 bedrooms and 1 bathroom, along with a functional kitchen featuring plenty of storage, an electric range, and space for a dining table. The interior provides a cozy and practical living space that tenants will appreciate. The property includes a large

    Heather Cooper Willow & Birch Realty, Inc

    Section Image
  • 125 W 18th St, Chico, CA 95928

    $370,000

    • 3 Beds
    • 1.5 Baths
    • 1,480 Sq Ft
    • 125 W 18th St
    • Chico, CA

    2 homes on one lot, owner may carry, Barber neighborhood, front house has new roof and R-30 insulation in attic. Each unit has own separate yard. property is fenced. Sprinklers on timer for front and back units. Owner will continue to work on property (see supplements) until it sells. Minor fix up to finish it up. Owner is licensed real estate agent

    Bruce Smith Hightower Real Estate Group

    Section Image
  • 125 W 18th St, Chico, CA 95928

    $370,000

    • 3 Beds
    • 2 Baths
    • 1,480 Sq Ft
    • 125 W 18th St
    • Chico, CA

    2 homes on one lot, owner may carry, Barber neighborhood, front house has new roof and R-30 insulation in attic. Each unit has own separate yard. property is fenced. Sprinklers on timer for front and back units. Owner will continue to work on property (see supplements) until it sells. Minor fix up to finish it up. Owner is licensed real estate agent. Owner is currently living in the front

    Bruce Smith Hightower Real Estate Group

    Section Image
  • 1346 Chestnut St, Chico, CA 95928

    $295,000

    • 2 Beds
    • 2 Baths
    • 1,026 Sq Ft
    • 1346 Chestnut St
    • Chico, CA

    Grab your tool belts and let your imagination run wild! Just minutes from the charming and historic downtown Chico, this character-filled duplex offers incredible potential for the right buyer. Bursting with opportunity, this property is perfect for those ready to roll up their sleeves and bring new life to a home with solid bones and classic appeal. Each of the two units features a living area,

    Matt Depa Re/Max of Chico

    Section Image
  • 1425 W 7th St, Chico, CA 95928

    $329,000

    • 2 Beds
    • 2 Baths
    • 1,162 Sq Ft
    • 1425 W 7th St
    • Chico, CA

    Recently renovated and back on the market! Updates include: Dual pane windows, kitchen cabinets with laminate counters, appliances, interior/exterior paint, flooring, remodeled bathrooms, light fixtures, plumbing fixtures and much more. Excellent opportunity to acquire an affordable, turnkey, residential income property in Chico! Live in one, rent the other, or rent them both! Each unit is a

    Derek Sandgren Valley Fair Realty Corporation

    Section Image
  • 7 Northwood Commons Place, Chico, CA 95973

    $349,000

    • 2 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 7 Northwood Commons Place
    • Chico, CA

    Cozy 3-Bedroom Home on Quiet Cul-de-Sac. Great Location! Tucked away on a peaceful cul-de-sac, this 2 or 3 bedroom, 2 bathroom home offers a fantastic opportunity for buyers looking to personalize their space. Featuring a functional layout and solid structure, the home is ideal for those ready to bring their own vision and updates. Located just minutes from top-rated schools, shopping centers,

    John Brophy GUIDE Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schiff Randall J -- Mid Valley Title & Escrow Co
Schiff Randall J $170,000 Mid Valley Title & Escrow Co
Clark Lloyd F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiff Randall J $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $205,000 -12.8% $107 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/17/2015 12/17/15 For Sale $235,000 -- $122 / 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
2024 $2,113 $187,494 $125,158 $62,336
2023 $2,088 $183,818 $122,704 $61,114
2022 $2,058 $180,215 $120,299 $59,916
2021 $2,014 $176,683 $117,941 $58,742
2020 $2,012 $174,872 $116,732 $58,140
2019 $1,339 $114,444 $114,444 $0
2018 $2,177 $188,700 $112,200 $76,500
2017 $2,128 $185,000 $110,000 $75,000
2016 $1,985 $185,000 $110,000 $75,000
2015 $1,983 $182,146 $80,359 $101,787
2014 $1,796 $165,000 $65,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15263780

California Regional Multiple Listing Service (CRMLS)

APN: 005-251-002-000