NOT LISTED FOR SALE

1717 Eaton Rd Unit 1-4 Chico, CA 95973

Estimated Value: $716,000 - $936,000

8 Beds
8 Baths
3,492 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $745,000 $213 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,361/month

4 Days on Market

Highlights

  • Hiking Trails
  • Laundry Room
  • Central Heating and Cooling System
  • Bidwell Junior High School Rated A-
  • Landscaped
  • Back Yard

About This Home

As of January 2020

Don't miss out on this opportunity to owe these super clean units. Each unit has a backyard and one car garage. Inside there's a living room with vaulted ceilings, open kitchen, dining room and 1/2 bath. Upstairs there's two bedroom and a full bath. Live in one and rent out the other three or rent all four.

Last Agent to Sell the Property

Alice Zeissler

Century 21 Select Real Estate, Inc. License #01312354 Listed on: 10/18/2019

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Heather Keller

People's Choice Brokers License #02033959

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,835

Year Built

  • Built in 1996

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard Sprinklers
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,492 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Assessor Parcel Number 015060008000

Community Details

Overview

  • 4 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $120
  • Gardener Expense $1,320
  • Insurance Expense $1,164
  • Trash Expense $1,200
  • Water Sewer Expense $2,760
  • New Taxes Expense $8,555
  • Operating Expense $5,244
  • Gross Income $54,900
  • Net Operating Income $49,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,835

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2760.00
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 015060008000
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 213.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinklers In Front
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700
  • Latitude Manual: 39.77301100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 873 Square Feet
  • Electric Expense: 120.00
  • Gross Income: 54900.00
  • Gross Scheduled Income: 54900.00
  • Insurance Expense: 1164.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 49656.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 5244.00
  • Rent Control: Yes
  • Total Expenses: 5244.00

Tax Info

  • New Taxes Expense: 8555.00
  • Tax Census Tract: 1.04
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Nesci Cosimo and Nesci Kelie
Bought by
Nesci Cosimo M and Nesci Kelie M
Current Estimated Value
$833,276

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 27, 2019
Sold by
Fay Robert P and Fay Margaret J
Bought by
Nesci Casimo and Nesci Kelie
Seller's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
Buyer's Agent
Heather Keller
People's Choice Brokers
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$350,000
Outstanding Balance
$311,218
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$522,058

Purchase Details

Closed on
Apr 9, 2013
Sold by
Fay Robert R
Bought by
Fay Robert P and Fay Margaret J

Purchase Details

Closed on
Oct 22, 1999
Sold by
Fay Robert P
Bought by
Royal Larry R and Royal Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,450
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 1999
Sold by
Vanert Enterprises Inc
Bought by
Fray Robert P and Fray Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,450
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 6, 1999
Sold by
Schuster Stephen J
Bought by
Fay Robert P and Fay Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.76%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Eaton Garden Investors
Bought by
Vanert Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.53%
Source: Public Records

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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
Nesci Cosimo M -- None Available
Nesci Casimo $745,000 Bidwell Title & Escrow Co
Fay Robert P -- None Available
Royal Larry R $89,000 Bidwell Title & Escrow
Fray Robert P $255,000 Fidelity National Title Co
Fay Robert P $66,000 Mid Valley Title & Escrow Co
Vanert Enterprises Inc $240,000 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nesci Casimo $350,000
Previous Owner Royal Larry R $75,450
Previous Owner Fray Robert P $80,000
Previous Owner Vanert Enterprises Inc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $745,000 +2.8% $213 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $725,000 -- $208 / 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 $8,835 $798,787 $214,439 $584,348
2023 $8,731 $783,126 $210,235 $572,891
2022 $8,592 $767,771 $206,113 $561,658
2021 $8,430 $752,718 $202,072 $550,646
2020 $4,054 $358,352 $81,501 $276,851
2019 $3,981 $351,326 $79,903 $271,423
2018 $3,908 $344,438 $78,337 $266,101
2017 $3,828 $337,685 $76,801 $260,884
2016 $3,494 $331,065 $75,296 $255,769
2015 $3,494 $326,093 $74,165 $251,928
2014 $3,410 $319,707 $72,713 $246,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19245164

California Regional Multiple Listing Service (CRMLS)

APN: 015-060-008-000