NOT LISTED FOR SALE

2119 Kennedy Ave Chico, CA 95973

Estimated Value: $406,783 - $485,000

4 Beds
2 Baths
1,722 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $315,000 $183 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,639/month

138 Days on Market

Highlights

  • Community Stables
  • Private Yard
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Hunting

About This Home

As of May 2019

Cute duplex located close to Hwy 32, not far from Raley's & other shopping & medical. Both units have separate addresses, 2121 & 2119. They face toward the east, for a private feel.
Both are 2 bedroom 1 bath units. 2121 has new living room carpet, kitchen & laundry room have new vinyl flooring. Both units have HVAC, refrigerator, dishwasher & laundry room which include both washer & dryer. There is a shared covered carport which is between the units for a private feel, with additional parking on the longer driveway entrance. 2121 has a cyclone fenced front yard, with a covered patio on the side yard & smaller backyard with raised garden beds. 2119's side yard faces Kennedy & fenced back yard.

Last Agent to Sell the Property

Katherine Ossokine

Nick Sadek Sothebys International Realty License #01297683 Listed on: 12/19/2018

Nick Sadek Sothebys International Realty

Last Buyer's Agent

Barbara Torres

Real Estate Professionals License #01345231

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 9,147 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Private Yard
  • Lawn
  • Garden
  • Front Yard

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • Living Room
  • Utility Room
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, insurance
  • Assessor Parcel Number 042080005000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Hunting
  • Community Stables
  • Horse Trails

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,016
  • New Taxes Expense $254,406
  • Operating Expense $3,560
  • Gross Income $17,200
  • Net Operating Income $17,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 042080005000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 182.93
  • Room Type: Kitchen, Laundry, Living Room, Utility Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Not Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Electric Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: None
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Hunting, Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lawn, Yard
  • Lot Size Sq Ft: 9147.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: All Utilities, Insurance

Multi Family

  • Gross Income: 17199.70
  • Gross Scheduled Income: 20760.00
  • Insurance Expense: 1016.00
  • Lot Size Area: 9147.0000 Square Feet
  • Net Operating Income: 17199.79
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3560.21
  • Rent Control: Yes
  • Total Actual Rent: 1730.00
  • Total Expenses: 3560.15

Tax Info

  • New Taxes Expense: 254406.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Cloyd David E
Bought by
Cloyd David E and Cloyd Family Trust
Current Estimated Value
$443,928

Purchase Details

Listed on
Dec 19, 2018
Closed on
May 17, 2019
Sold by
Ossokine Kathy Jean
Bought by
Cloyd David E
Seller's Agent
Katherine Ossokine
Nick Sadek Sothebys International Realty
Buyer's Agent
Barbara Torres
Real Estate Professionals
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Jul 19, 2018
Sold by
Bechhold Scott Lee
Bought by
Ossokine Kathy Jean

Purchase Details

Closed on
Mar 27, 2017
Sold by
Bechhold Juanita and The Roy E Bechhold Marital Tru
Bought by
Bechhold Juanita and The Bechhold Family Living Trust

Purchase Details

Closed on
Jul 16, 2009
Sold by
Shelton Frances M and Gates Cindy S
Bought by
Bechhold Juanita and Roy E Bechhold Marital Trust B

Purchase Details

Closed on
Mar 4, 2003
Sold by
Shelton Frances M
Bought by
Shelton Frances M

Purchase Details

Closed on
Feb 21, 2003
Sold by
Gates Cindy S and Gates Brian D
Bought by
Shelton Frances M

Purchase Details

Closed on
May 1, 2001
Sold by
Shelton Frances M
Bought by
Gates Brian D and Gates Cindy S

Purchase Details

Closed on
Dec 23, 1998
Sold by
Tri Counties Bank
Bought by
Shelton Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 1998
Sold by
Proctor Dennis and Proctor Carol
Bought by
Tri Counties Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 1997
Sold by
Proctor Dennis
Bought by
Proctor Carol
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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Purchase History

Date Buyer Sale Price Title Company
Cloyd David E -- None Available
Cloyd David E $315,000 Bidwell Title & Escrow Co
Ossokine Kathy Jean $183,500 Bidwell Title & Escrow Co
Bechhold Juanita -- None Available
Bechhold Juanita $197,500 Bidwell Title & Escrow Co
Shelton Frances M -- Bidwell Title & Escrow Co
Shelton Frances M -- Bidwell Title & Escrow Co
Gates Brian D -- --
Shelton Frances M $90,000 Mid Valley Title & Escrow Co
Shelton Frances M -- Mid Valley Title & Escrow Co
Tri Counties Bank $36,210 Bidwell Title & Escrow Compa
Proctor Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelton Frances M $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $315,000 -4.3% $183 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $329,000 0.0% $191 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $329,000 -- $191 / 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 $3,817 $351,382 $167,325 $184,057
2024 $3,817 $344,494 $164,045 $180,449
2023 $3,772 $337,740 $160,829 $176,911
2022 $3,712 $331,119 $157,676 $173,443
2021 $3,642 $324,628 $154,585 $170,043
2020 $3,632 $321,300 $153,000 $168,300
2019 $3,115 $275,000 $135,000 $140,000
2018 $2,544 $224,048 $102,097 $121,951
2017 $2,492 $219,656 $100,096 $119,560
2016 $2,275 $215,350 $98,134 $117,216
2015 $2,275 $212,116 $96,660 $115,456
2014 $2,233 $207,962 $94,767 $113,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18280272

California Regional Multiple Listing Service (CRMLS)

APN: 042-080-005-000