NOT LISTED FOR SALE

Estimated Value: $530,753

3 Beds
2 Baths
2,225 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $445,000 $200 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,449/month

7 Days on Market

Highlights

  • Property is near public transit
  • Lawn
  • Built-In Features
  • Chico Junior High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of May 2019

Opportunity knocks with this business opportunity in this absolutely darling home superbly located in the heart of Chico. A well established childcare facility that is already up and running. It is a must see facility on a little over a quarter acre with a great playground and neatly organized classrooms. It has public utilities and is so conveniently located on one of Chico's most popular streets.
Almost everything inside and outside will go with the sell.
It is fairly new construction inside and the deck, being completely renovated from bare studs in 2011 including new wiring, newer heat and air unit, built in desks and shelving. Fire alarm system (service not included), and a fireplace (It covered now, but could be opened back up). When in bloom, there is a natural grape vine, mandarin tree and wonderful garden space. a large deck off back of the building, and 15x15 sandbox! Six car parking in the back with full alley access. Pathways, with gates on both sides. Office room has separate outside access. Great insulation, when all doors and windows are closed, you don't even hear traffic. Panic doors, and whole house fan. Six inch rain gutters, hooked up to city sewer and water. ADA ramps in front and rear of building, handicapped designated parking. Automatic/programmable in-ground sprinklers. Bracket and poles for shade sails.
A lot of windows for natural light, large rooms with extra high ceilings in back room. Open space for a variety of activities.

Last Agent to Sell the Property

Camdena Conner

EXP Realty of Northern California, Inc. License #01982448 Listed on: 03/03/2019

EXP Realty of Northern California, Inc.

Last Buyer's Agent

Maya Noble

Century 21 Select Real Estate, Inc. License #01912174

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,041

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • East Facing Home
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Stucco

Interior Spaces

  • 2,225 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 003601007000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $225
  • Fuel Expense $150
  • Insurance Expense $240
  • Trash Expense $40
  • Water Sewer Expense $45
  • New Taxes Expense $3,000
  • Operating Expense $3,659
  • Gross Income $3,500
  • Net Operating Income $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,041

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Other Phone Description: 530-864-0668
  • Property Attached: No
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 45.00
  • Zoning: C1
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 003601007000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 200.00

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Lawn, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Electric Expense: 225.00
  • Fuel Expense: 150.00
  • Gross Income: 3500.00
  • Gross Scheduled Income: 13500.00
  • Insurance Expense: 240.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 3500.00
  • Number Of Units Total: 1
  • Operating Expense: 10000.00
  • Rent Control: No
  • Total Expenses: 3659.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Census Tract: 6.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2019
Closed on
May 31, 2019
Sold by
Holly G Ponciano and Holly Benita V Humble
Bought by
Kreative Beginnings Inc
Seller's Agent
Camdena Conner
EXP Realty of Northern California, Inc.
Buyer's Agent
Maya Noble
Century 21 Select Real Estate, Inc.
List Price
$439,000
Sold Price
$445,000
Premium/Discount to List
$6,000
1.37%
Current Estimated Value
$530,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,753
Avg. Annual Appreciation
2.86%

Purchase Details

Listed on
Mar 3, 2019
Closed on
May 30, 2019
Sold by
La Casita Primera Preschool & After Scho
Bought by
Holly G Ponciano and Holly Benita V Humble
Seller's Agent
Camdena Conner
EXP Realty of Northern California, Inc.
Buyer's Agent
Maya Noble
Century 21 Select Real Estate, Inc.
List Price
$439,000
Sold Price
$445,000
Premium/Discount to List
$6,000
1.37%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Zink Timmons
Bought by
Humble Holly G Ponciano and Humble Benita V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
4.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2008
Sold by
Zink Timmons Inc
Bought by
Zink Timmons

Purchase Details

Closed on
Dec 2, 2003
Sold by
Howerton Glenn F and Howerton Janice L
Bought by
Zink Timmons Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.97%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2003
Sold by
Howerton Glenn F and Glenn & Betty Howerton Trust
Bought by
Howerton Glenn F and Special Trust For Patricia D Howell

Purchase Details

Closed on
Jul 30, 2001
Sold by
Howerton Glenn F and Glenn & Betty Howerton Trust
Bought by
Howerton Glenn F and Glenn & Betty Howerton Contingent Trust
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
Kreative Beginnings Inc $445,000 Bidwell Title & Escrow Co
Holly G Ponciano -- Bidwell Title & Escrow Co
Humble Holly G Ponciano $225,500 Mid Valley Title & Escrow Co
Zink Timmons -- Mid Valley Title & Escrow Co
Zink Timmons Inc $220,000 Mid Valley Title & Escrow Co
Howerton Glenn F -- --
Howerton Glenn F -- --
Howerton Glenn F -- --
Howerton Glenn F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreative Beginnings Inc $250,000
Previous Owner Humble Holly G Ponciano $98,000
Previous Owner Humble Holly G Ponciano $132,500
Previous Owner Zink Timmons Inc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $445,000 +1.4% $200 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $439,000 -- $197 / 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 $6,041 $491,493 $218,727 $272,766
2023 $5,860 $525,857 $214,439 $311,418
2022 $5,776 $516,410 $210,235 $306,175
2021 $6,513 $463,148 $206,113 $257,035
2020 $6,448 $453,900 $204,000 $249,900
2019 $3,540 $195,239 $114,847 $80,392
2018 $3,499 $191,412 $112,596 $78,816
2017 $3,455 $187,660 $110,389 $77,271
2016 $3,269 $183,981 $108,225 $75,756
2015 $3,269 $181,219 $106,600 $74,619
2014 $3,223 $177,670 $104,512 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19048603

California Regional Multiple Listing Service (CRMLS)

APN: 003-601-007-000