Seller's Agent in 2016
John Lawrence
Chico Area Realty
(530) 680-4207
6 in this area
43 Total Sales
2118 Shoshone Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated Value: $359,000 - $494,000
6
Beds
3
Baths
2,160
Sq Ft
$205/Sq Ft
Est. Value
About This Home
As of August 2016Turn-key, money-making triplex. Complete renovation in ALL units just 2.5 years ago. Granite counters, tile floors, toilets, sinks, ranges, hoods, paint in and out, irrigation, fencing, concrete walkways, and more! Very simple, well designed layout. All units, same floor plan, makes for easy maintenance. 2 bed, 1 bath units with seperate water heaters and wall AC. Gross monthly rents have been $2465.00. Extremely low monthly utility overheard. Tenants pay their own PG&E, property is on septic (sewer in street), CalWater less than $50 avg, no washer and dryer or hook ups.
Last Agent to Sell the Property
Chico Area Realty License #01870759 Listed on: 06/16/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,034
Year Built
- Built in 1978
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
Interior Spaces
- 2,160 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 8 Parking Spaces
- Parking Available
- Unassigned Parking
Additional Features
- Urban Location
- Conventional Septic
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 003595011000
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $1,400
- Professional Management Expense $1,937
- Trash Expense $300
- Water Sewer Expense $463
- New Taxes Expense $3,150
- Gross Income $2,465
- Net Operating Income $21,610
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2014
Sold by
Ford Alice
Bought by
Ford Lloyd
Current Estimated Value
Purchase Details
Closed on
Jun 18, 2013
Sold by
Ford Lloyd
Bought by
Safe Rei Llc
Purchase Details
Listed on
Nov 5, 2012
Closed on
Jan 7, 2013
Sold by
Ford Alice
Bought by
Ford Lloyd
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
John Lawrence
Chico Area Realty
List Price
$269,000
Sold Price
$215,000
Premium/Discount to List
-$54,000
-20.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$161,250
Interest Rate
3.31%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 5, 2012
Closed on
Jan 4, 2013
Sold by
Ornelas Carlos T
Bought by
Ford Lloyd
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
John Lawrence
Chico Area Realty
List Price
$269,000
Sold Price
$215,000
Premium/Discount to List
-$54,000
-20.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 2010
Sold by
Ornelas Carlos Tinoco and Rosales Artemio Tinoco
Bought by
Ornelas Carlos T
Purchase Details
Closed on
Jan 30, 2007
Sold by
Ornelas Carlos T
Bought by
Ornelas Carlos Tinoco and Rosales Artemio Tinoco
Purchase Details
Closed on
May 19, 2006
Sold by
Contreras Robert M and Contreras Diane M
Bought by
Ornelas Carlos T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 30, 2005
Sold by
Reyes Simona
Bought by
Reyes Francisco J
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
5.65%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 16, 2005
Sold by
Heng Lac Bat and Trang Hon Xieu
Bought by
Contreras Robert M and Contreras Diane M
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
5.65%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 13, 2004
Sold by
Heng Lac Bat and Trang Hon Xieu
Bought by
Heng Lac Bat and Trang Hon Xieu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 2004
Sold by
Schmidt Roy L and Schmidt Jessie L
Bought by
Heng Lac Bat and Trang Hon Xiu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ford Lloyd | -- | Mid Valley Title & Escrow Co | |
| Ford Lloyd | $81,000 | Mid Valley Title & Escrow Co | |
| Safe Rei Llc | $122,500 | Mid Valley Title & Escrow Co | |
| Ford Lloyd | -- | Fidelity Natl Title Co Of Ca | |
| Ford Lloyd | $215,000 | Fidelity Natl Title Co Of Ca | |
| Ornelas Carlos T | -- | Bidwell Title & Escrow Co | |
| Ornelas Carlos Tinoco | -- | None Available | |
| Ornelas Carlos T | $250,000 | Fidelity Natl Title Co Of Ca | |
| Reyes Francisco J | -- | Fidelity Natl Title Co Of Ca | |
| Contreras Robert M | $330,000 | Fidelity Natl Title Co Of Ca | |
| Heng Lac Bat | $130,500 | Fidelity Natl Title Co Of Ca | |
| Heng Lac Bat | $265,000 | Fidelity Natl Title Co Of Ca |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fraga Louie | $329,000 | |
| Closed | Fraga Louie | $240,000 | |
| Previous Owner | Ford Lloyd | $161,250 | |
| Previous Owner | Ornelas Carlos T | $250,000 | |
| Previous Owner | Contreras Robert M | $264,000 | |
| Previous Owner | Heng Lac Bat | $185,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2016 08/18/16 | Sold | $320,000 | +1.6% | $148 / Sq Ft |
| 06/28/2016 06/28/16 | Pending | -- | -- | -- |
| 06/16/2016 06/16/16 | For Sale | $315,000 | +46.5% | $146 / Sq Ft |
| 01/21/2013 01/21/13 | Sold | $215,000 | -20.1% | $100 / Sq Ft |
| 11/05/2012 11/05/12 | Pending | -- | -- | -- |
| 08/15/2012 08/15/12 | For Sale | $269,000 | -- | $125 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,034 | $371,381 | $139,267 | $232,114 |
| 2024 | $4,034 | $364,100 | $136,537 | $227,563 |
| 2023 | $3,986 | $356,961 | $133,860 | $223,101 |
| 2022 | $3,922 | $349,963 | $131,236 | $218,727 |
| 2021 | $3,849 | $343,102 | $128,663 | $214,439 |
| 2020 | $3,838 | $339,585 | $127,344 | $212,241 |
| 2019 | $3,768 | $332,928 | $124,848 | $208,080 |
| 2018 | $3,699 | $326,400 | $122,400 | $204,000 |
| 2017 | $3,624 | $320,000 | $120,000 | $200,000 |
| 2016 | $2,465 | $233,507 | $111,677 | $121,830 |
| 2015 | $2,465 | $230,000 | $110,000 | $120,000 |
| 2014 | $2,307 | $215,000 | $105,000 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2016
Robin Miller
Parkway Real Estate Co.
(530) 809-3700
31 Total Sales
-
Seller's Agent in 2013
Sima Saboury
Porchlight Real Estate Brokers
(530) 624-7833
6 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH16131025
APN: 003-595-011-000
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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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