NOT LISTED FOR SALE

202 W 2nd Ave Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $466,000 - $725,300

7 Beds
5 Baths
3,285 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2018

Last sale price $535,000 $163 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,919 / mo

47 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry Room
  • Chico Junior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

About This Home

As of September 2018

Prime location just blocks from Chico State University and downtown! Charming vintage property fully rented currently with 5 units and onsite laundry! Three 1 bed 1 bath units & Two 2 bed 1 bath units. Upstairs unit has gorgeous hard wood floors, lots of light, & huge private balcony overlooking 2nd Ave & Magnolia. All units have private entry & lots of charm of the era built. Super shaded back yard to avoid the Chico heat & free standing laundry room for tenant use at $10 per month. 24 hours notice for all showings. Please do not disturb occupants. (property originally turned into 5 units & then into 4 units years ago. Currently rented as 5 units)

Last Agent to Sell the Property

Sarah Nielsen

Independent Realty Group License #01459113 Listed on: 06/20/2018

Last Buyer's Agent

Teresa Smith

Teresa E Smith, Broker License #01500355

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,285 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 003063018000

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $1,323
  • Maintenance Expense $1,000
  • Other Expense $878
  • Trash Expense $1,162
  • Water Sewer Expense $1,847
  • New Taxes Expense $5,350
  • Operating Expense $11,012
  • Gross Income $840
  • Net Operating Income $34,144

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1847.00
  • Zoning: RD-1
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 003063018000
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Levels: Three Or More
  • Price Per Square Foot: 162.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, Natural Gas
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1162.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6098.00

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 840.00
  • Gross Scheduled Income: 45156.00
  • Insurance Expense: 1323.00
  • Laundry Income: 840.00
  • Maintenance Expense: 1000.00
  • Net Operating Income: 34144.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11012.00
  • Other Expense: 878.00
  • Other Expense Description: utilitie
  • Rent Control: No
  • Total Expenses: 11012.00

Tax Info

  • New Taxes Expense: 5350.00
  • Tax Census Tract: 6.03

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
Jun 20, 2018
Closed on
Aug 22, 2018
Sold by
Bought by
Seller's Agent
Sarah Nielsen
Independent Realty Group
Buyer's Agent
Teresa Smith
Teresa E Smith, Broker
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$636,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,767
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2005
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
$350,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2003
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
$264,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 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
$189,000
Interest Rate
5.75%

Purchase Details

Closed on
Jul 28, 2000
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
$142,187
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 30, 1998
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
$25,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$535,000 Bidwell Title & Escrow Co
-- None Available
-- None Available
-- None Available
$437,500 Fidelity Natl Title Co Of Ca
$389,000 Bidwell Title & Escrow Co
-- Chicago Title Co
$175,000 Bidwell Title & Escrow Compa
-- Mid Valley Title
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
Previous Owner $350,000
Previous Owner $264,000
Previous Owner $189,000
Previous Owner $142,187
Previous Owner $25,000
Closed $10,700
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
09/11/2018 09/11/18 Sold $535,000 0.0% $163 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $535,000 -- $163 / 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 $6,478 $596,799 $156,171 $440,628
2024 $6,478 $585,098 $153,109 $431,989
2023 $6,401 $573,626 $150,107 $423,519
2022 $6,299 $562,379 $147,164 $415,215
2021 $6,180 $551,353 $144,279 $407,074
2020 $6,163 $545,700 $142,800 $402,900
2019 $6,051 $535,000 $140,000 $395,000
2018 $5,353 $472,419 $166,660 $305,759
2017 $4,531 $400,000 $130,000 $270,000
2016 $4,113 $390,000 $130,000 $260,000
2015 $3,600 $336,000 $110,000 $226,000
2014 $2,724 $255,000 $110,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sarah Nielsen

    Independent Realty Group

    Section Image
  • Teresa Smith

    Buyer's Agent in 2018

    Teresa Smith

    Teresa E Smith, Broker

    (530) 680-3848

    9 Total Sales

    Teresa Smith
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18147324

California Regional Multiple Listing Service (CRMLS)

APN: 003-063-018-000

California Butte County Chico 95926 Chico Vecino

202 W 2nd Ave, Chico, CA

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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