Seller's Agent in 2023
Steven Depa
RE/MAX
(530) 520-8672
117 Total Sales
20
Beds
10
Baths
24,640
Sq Ft
1.49
Acre Lot
Highlights
- Central Heating and Cooling System
- Back Yard
- 1-Story Property
- Chico Junior High School Rated A-
About This Home
As of March 2023Shasta East is a duplex community consisting of (28) 2 bedroom 1 bath units. Each unit has indoor laundry, and an oversized one car garage along with a private & spacious yard. These units enjoy near 100% occupancy with many long term tenants. Current owners have been upgrading units, as they turn over. Property offers significant upside, by improving rents to meet local market value, as well as the ability to add/build out amenities to the underutilized portions of the property. Purchase also includes 194 E Shasta Ave.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 1.49 Acre Lot
- 1 Common Wall
- Back Yard
- 006-380-003
Parking
- 28 Car Garage
Home Design
- Apartment
Interior Spaces
- 24,640 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Bathrooms
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 006380002000
Community Details
Overview
- 14 Buildings
- 28 Units
Building Details
- Rent Control
- 30 Separate Electric Meters
- 30 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $331
- Gardener Expense $8,388
- Insurance Expense $9,207
- Maintenance Expense $53,592
- Pest Control $2,530
- Professional Management Expense $22,506
- Trash Expense $8,413
- Water Sewer Expense $7,385
- New Taxes Expense $59,600
- Operating Expense $171,952
- Gross Income $38,545
- Net Operating Income $310,383
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
Feb 3, 2023
Closed on
Mar 23, 2023
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Emmett Jacobi
Century 21 Select Real Estate, Inc.
List Price
$5,295,000
Sold Price
$4,950,000
Premium/Discount to List
-$345,000
-6.52%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
0.0632%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2023
Closed on
Feb 21, 2023
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Emmett Jacobi
Century 21 Select Real Estate, Inc.
List Price
$5,295,000
Sold Price
$4,950,000
Premium/Discount to List
-$345,000
-6.52%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
0.0632%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 19, 2018
Closed on
Jan 8, 2019
Sold by
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$3,710,000
Sold Price
$3,125,000
Premium/Discount to List
-$585,000
-15.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$2,325,000
Interest Rate
0.048%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 3, 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
$1,592,500
Interest Rate
0.0646%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jan 3, 2003
Sold by
Bought by
Purchase Details
Closed on
Oct 6, 2002
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
$1,000,000
Interest Rate
0.0617%
Mortgage Type
Commercial
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
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 |
|---|---|---|---|
| $2,625,000 | Mid Valley Title & Escrow | ||
| -- | Mid Valley Title | ||
| $3,125,000 | Mid Vally Title & Escrow Co | ||
| $1,727,500 | Fidelity Natl Title Co Of Ca | ||
| -- | Fidelity Natl Title Of Ca | ||
| $1,500,000 | Mid Valley 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 |
|---|---|---|---|
| Closed | $2,325,000 | ||
| Closed | $2,325,000 | ||
| Closed | $500,000 | ||
| Closed | $285,000 | ||
| Closed | $154,000 | ||
| Closed | $308,000 | ||
| Closed | $1,592,500 | ||
| Closed | $700,000 | ||
| Closed | $1,000,000 |
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 |
|---|---|---|---|---|---|
| 03/29/2023 03/29/23 | Sold | $4,950,000 | -6.5% | $201 / Sq Ft | |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- | |
| 02/03/2023 02/03/23 | For Sale | $5,295,000 | +69.4% | $215 / Sq Ft | |
| 01/14/2019 01/14/19 | Sold | $3,125,000 | -10.6% | $127 / Sq Ft | View Prior Sale |
| 11/18/2018 11/18/18 | Pending | -- | -- | -- | |
| 10/25/2018 10/25/18 | Price Changed | $3,495,000 | -2.8% | $142 / Sq Ft | |
| 10/22/2018 10/22/18 | Price Changed | $3,595,000 | -3.1% | $146 / Sq Ft | |
| 09/19/2018 09/19/18 | For Sale | $3,710,000 | -- | $151 / 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 | $27,917 | $2,574,707 | $520,200 | $2,054,507 |
| 2024 | $27,917 | $2,517,360 | $510,000 | $2,007,360 |
| 2023 | $18,692 | $1,674,808 | $482,490 | $1,192,318 |
| 2022 | $18,392 | $1,642,107 | $473,030 | $1,169,077 |
| 2021 | $18,047 | $1,610,047 | $463,755 | $1,146,292 |
| 2020 | $17,997 | $1,593,610 | $459,000 | $1,134,610 |
| 2019 | $14,305 | $1,263,747 | $391,140 | $872,607 |
| 2018 | $14,045 | $1,239,106 | $383,471 | $855,635 |
| 2017 | $13,760 | $1,214,948 | $375,952 | $838,996 |
| 2016 | $12,561 | $1,191,264 | $368,581 | $822,683 |
| 2015 | $12,562 | $1,173,476 | $363,045 | $810,431 |
| 2014 | $10,750 | $1,007,000 | $330,000 | $677,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
-
Emmett Jacobi
Buyer's Agent in 2023
Emmett Jacobi
Century 21 Select Real Estate, Inc.
(530) 519-6333
99 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN23013609
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
Nearby Homes
- 105 Emerald Lake Ct
- 294 Saint Michael Ct Unit A
- 201 Denali Dr
- 213 Denali Dr
- 3070 Snowbird Dr
- 370 E Lassen Ave Unit 5
- 370 E Lassen Ave Unit 13
- 333 Stonebridge Dr
- 241 Silver Lake Dr
- 123 Henshaw Ave Unit 3
- 555 Morgan Dr
- 345 Denali Dr
- 321 Mesa Verde Ct
- 3249 Calistoga Dr
- 39 Franciscan Way
- 567 E Lassen Ave Unit 610
- 567 E Lassen Ave Unit 206
- 3361 Hackamore Ln
- 41 Northwood Commons Place
- 31 Northwood Commons Place
- 152 E Shasta Ave
- 158 E Shasta Ave
- 3006 Esplanade
- 3018 Esplanade
- 2990 Esplanade Unit 100
- 2990 Esplanade
- 186 E Shasta Ave
- 0 W Shasta Ave
- 171 E Shasta Ave
- 171 E Lassen Ave
- 3028 Esplanade Unit B
- 3028 Esplanade Unit J
- 3028 Esplanade Unit I
- 3028 Esplanade Unit I & J
- 3028 Esplanade Unit E
- 3028 Esplanade Unit F
- 3028 Esplanade Unit D
- 3028 Esplanade
- 3028 Esplanade Unit G
- 3028 Esplanade Unit I
Your Personal Tour Guide
Ask me questions while you tour the home.