NOT LISTED FOR SALE

20671 Chaney Dr Richgrove, CA 93261

Estimated Value: $591,000 - $611,000

9 Beds
4 Baths
-- Sq Ft
0.89 Acre Lot

Sale Details

Date Sold: April 28, 2022

Last sale price $550,000

Est. 9% increase in value since last sale

Current estimated payment $3,791 / mo

36 Days on Market

About This Home

As of April 2022

Rare Opportunity to own 4 units!! Initially built in the early 1900s, this historical site was the beloved Richgrove Hotel. In recent years, the building was converted to a multi-family home with 4 units. The property has long standing tenants. This oversized lot has great potential for further development. Great investment opportunity! Situated on an oversized lot, this property is a must see. Current rents are low but has potential to bring in rents from $950-$1050 for the 2 bedroom units and $1100-$1300 for the 3 bedroom unit based on current fair market values. Make offer subject to interior inspection. Please Do Not Disturb Tenants.

Last Agent to Sell the Property

Terri Garcia

New Generation Real Estate Gro License #1118401 Listed on: 02/21/2022

Co-Listed By

Joshua Garcia

New Generation Real Estate Gro License #01159908

Last Buyer's Agent

Debra McTaggart

Epique Realty License #01930648

Epique Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.89

Parking

  • 4 Car Parking Spaces

Schools

  • Delano High School

Additional Features

  • 2-Story Property
  • 38,842 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 340-051-010-000

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $33,096
  • Net Operating Income $22,955

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0.89 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1910
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 8414
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Delano
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Lot Size Sq Ft: 38842.00
  • Parcel #: 340-051-010-000

Multi Family

  • Total Annual Expense: 10141.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 33096.00
  • Property Net Operating Income: 22955.00

MLS Schools

  • Elementary School: Other-Outlying

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

Closed on
Dec 8, 2023
Sold by
Bought by
Current Estimated Value
$600,316

Purchase Details

Closed on
Sep 14, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 4, 2022
Sold by
Bought by
Seller's Agent
Terri Garcia
New Generation Real Estate Gro
Buyer's Agent
Debra McTaggart
Epique Realty
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$345,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 26, 2022
Sold by
Bought by
Seller's Agent
Terri Garcia
New Generation Real Estate Gro
Buyer's Agent
Debra McTaggart
Epique Realty
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 7, 2022
Sold by
Bought by
Seller's Agent
Terri Garcia
New Generation Real Estate Gro
Buyer's Agent
Debra McTaggart
Epique Realty
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 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
$90,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
-- None Listed On Document
-- None Listed On Document
-- --
-- Chicago Title
$550,000 Chicago Title
$108,000 Cuesta Title
-- Cuesta 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 $345,000
Previous Owner $345,000
Previous Owner $90,000
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
04/28/2022 04/28/22 Sold $550,000 +10.2% --
03/29/2022 03/29/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $499,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,590 $583,663 $79,590 $504,073
2024 $6,590 $572,220 $78,030 $494,190
2023 $4,186 $336,513 $79,265 $257,248
2022 $3,572 $329,915 $77,711 $252,204
2021 $3,970 $323,446 $76,187 $247,259
2020 $2,974 $225,000 $50,000 $175,000
2019 $2,624 $195,000 $40,000 $155,000
2018 $2,637 $195,000 $40,000 $155,000
2017 $2,662 $195,000 $40,000 $155,000
2016 $2,445 $180,000 $40,000 $140,000
2015 $2,007 $200,000 $50,000 $150,000
2014 $2,007 $140,000 $40,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Terri Garcia

    Seller's Agent in 2022

    Terri Garcia

    New Generation Real Estate Gro

    (661) 477-3743

    99 Total Sales

    Terri Garcia
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Joshua Garcia

    New Generation Real Estate Gro

    13 Total Sales

    Joshua Garcia
    Section Image
  • Debra McTaggart

    Buyer's Agent in 2022

    Debra McTaggart

    Epique Realty

    (661) 204-0159

    48 Total Sales

    Debra McTaggart
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202201742

Bakersfield Association of REALTORS® / GEMLS

APN: 340-051-010-000

California Tulare County Richgrove 93215

20671 Chaney Dr, Richgrove, 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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.