NOT LISTED FOR SALE

1906 Elm St Chico, CA 95928

Mulberry Neighborhood

Estimated Value: $298,949 - $371,000

4 Beds
2 Baths
1,358 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $169,000 $124 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,956/month

72 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Corner Lot
  • Central Heating and Cooling System
  • Harry M. Marsh Junior High School Rated A-
  • Laundry Room

About This Home

As of July 2012

Positive cash flow possible on this Duplex! Or-rent one side and live in the other and have a tiny payment left! Rents are $850 for Unit B with a large back yard, and $725 for Unit B with a tiny yard. Each side is a two bedroom, one bath home. Seller states he has recently put over $35,000 into this property. Flooring is beautiful wood laminate and tile. Both sides have a newer stove, refrigerator, stacking washer/dryer, and central heat and air. Most of the property is fenced in with newer fencing and nice gates. Very nice for tenants or owners with dogs. This home has a VA loan that may be assumable. This home is FREE OF LEAD BASED PAINT, and has a Lead Based Paint inspection and clearance in attached doc.

Last Agent to Sell the Property

Debbie Brodie

Choice Properties License #00795922 Listed on: 02/18/2012

Last Buyer's Agent

Debbie Brodie

Choice Properties License #00795922 Listed on: 02/18/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,358 Sq Ft Home
  • Laminate Flooring
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Assessor Parcel Number 005441012000

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $750
  • Trash Expense $480
  • Water Sewer Expense $1,100
  • New Taxes Expense $2,100
  • Gross Income $1,575
  • Net Operating Income $14,470

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,209

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Inclusions: 2 Stoves, 2 Washer/Dryer units, 2 Refrgerators
  • Water Sewer Expenses: 1100.00
  • Property Type: Residential Income
  • Parcel Number: 005441012000
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 124.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Trash Expense: 480.00
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Multi Family

  • Gross Income: 1575.00
  • Gross Scheduled Income: 18900.00
  • Insurance Expense: 750.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 14470.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4430.00
  • Rent Control: No
  • Total Actual Rent: 1575.00

Tax Info

  • New Taxes Expense: 2100.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2012
Closed on
Jul 3, 2012
Sold by
Tomita Mark
Bought by
Cartledge Tanner
Seller's Agent
Debbie Brodie
Choice Properties
Buyer's Agent
Debbie Brodie
Choice Properties
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%
Current Estimated Value
$334,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,237
Avg. Annual Appreciation
5.68%
Original Mortgage
$129,000
Outstanding Balance
$89,808
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$260,979

Purchase Details

Closed on
Sep 30, 2010
Sold by
U S Bank National Association
Bought by
Tomita Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
May 19, 2010
Sold by
Robinson Travon M
Bought by
U S Bank National Association

Purchase Details

Closed on
May 11, 2005
Sold by
Trolinder Michael K and Trolinder Rebecca M
Bought by
Robinson Travon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
7.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 10, 2001
Sold by
Lanouette Eugene A and Lanouette Rachelle J
Bought by
Trolinder Michael K and Trolinder Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,350
Interest Rate
6.88%

Purchase Details

Closed on
Nov 30, 1998
Sold by
Lanouette Gene A and Lanouette Rachelle J
Bought by
Lanouette Eugene A and Lanouette Rachelle J

Purchase Details

Closed on
Jan 27, 1997
Sold by
Pace Rose A
Bought by
Lanoutte Gene A and Lanoutte Rachelle J

Purchase Details

Closed on
Aug 1, 1996
Sold by
Nolta Ray G
Bought by
Pace Rose A
Source: Public Records

Range of Values:

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Average Value
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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
Cartledge Tanner $169,000 Bidwell Title & Escrow Co
Tomita Mark $162,500 Fnt
U S Bank National Association $180,000 Accommodation
Robinson Travon M $226,000 Bidwell Title & Escrow Co
Trolinder Michael K $96,500 Mid Valley Title
Lanouette Eugene A -- Mid Valley Title & Escrow Co
Lanoutte Gene A $64,000 Bidwell Title & Escrow Compa
Pace Rose A -- Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cartledge Tanner $129,000
Previous Owner Tomita Mark $162,500
Previous Owner Robinson Travon M $203,400
Previous Owner Trolinder Michael K $72,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2012 07/12/12 Sold $169,000 -3.4% $124 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
02/18/2012 02/18/12 For Sale $175,000 -- $129 / 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 $2,209 $208,101 $61,567 $146,534
2024 $2,209 $204,021 $60,360 $143,661
2023 $2,181 $200,022 $59,177 $140,845
2022 $2,147 $196,101 $58,017 $138,084
2021 $2,102 $192,257 $56,880 $135,377
2020 $2,098 $190,286 $56,297 $133,989
2019 $2,061 $186,556 $55,194 $131,362
2018 $2,021 $182,899 $54,112 $128,787
2017 $1,975 $179,313 $53,051 $126,262
2016 $1,804 $175,798 $52,011 $123,787
2015 $1,802 $173,158 $51,230 $121,928
2014 $1,762 $169,767 $50,227 $119,540
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Debbie Brodie

    Choice Properties

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12026195

California Regional Multiple Listing Service (CRMLS)

APN: 005-441-012-000

California Butte County Chico 95928 Mulberry

1906 Elm St, Chico, CA

This home is located at 1906 Elm St, Chico, CA 95928 since 18 February 2012 and is currently estimated at $334,237, approximately $246 per square foot. This property was built in 1972. 1906 Elm St is a home located in Butte County with nearby schools including Chapman Elementary School, Harry M. Marsh Junior High School, and Chico High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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