Seller's Agent in 2018
Ryan Vaught
Ryno Company
(530) 343-2959
3 in this area
14 Total Sales
220 W 1st Ave Chico, CA 95926
Chico Vecino Neighborhood
3
Beds
2
Baths
4,266
Sq Ft
6,970
Sq Ft Lot
Highlights
- Private Yard
- Chico Junior High School Rated A-
- Laundry Room
About This Home
As of April 2018Well maintained and clean 6 unit building with plenty of upside in rents. Great location, near CSU Chico, downtown and Chico High School. 4 1/1 Units averaging $650/month and 2 2/1 Units averaging $840/month. Tenants also pay a water fee. Other similar 1 bedroom units in this area are leased for as much as $895/mo. Units share a coin laundry room that generates additional income each month, and one garage is available to a unit.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 6,970 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Parking
- 1 Car Garage
Home Design
- 4,266 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, telephone
- Assessor Parcel Number 003092011000
Community Details
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,140
- Insurance Expense $2,388
- Maintenance Expense $1,000
- Other Expense $1,500
- Professional Management Expense $4,098
- Trash Expense $1,380
- Water Sewer Expense $2,100
- New Taxes Expense $7,645
- Operating Expense $21,251
- Gross Income $4,400
- Net Operating Income $29,976
Additional Features
- 6 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/06/2018 04/06/18 | Sold | $695,000 | 0.0% | $163 / Sq Ft | |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- | |
| 02/23/2018 02/23/18 | For Sale | $695,000 | +66.3% | $163 / Sq Ft | |
| 05/14/2014 05/14/14 | Sold | $418,000 | -1.4% | $98 / Sq Ft | View Prior Sale |
| 02/06/2014 02/06/14 | Pending | -- | -- | -- | |
| 01/02/2014 01/02/14 | For Sale | $424,000 | -- | $99 / 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 | $8,589 | $790,511 | $238,942 | $551,569 |
| 2024 | $8,589 | $773,051 | $234,257 | $538,794 |
| 2023 | $8,488 | $759,894 | $229,664 | $530,230 |
| 2022 | $8,351 | $745,034 | $225,161 | $519,873 |
| 2021 | $8,195 | $730,466 | $220,747 | $509,719 |
| 2020 | $8,172 | $722,997 | $218,484 | $504,513 |
| 2019 | $8,025 | $708,860 | $214,200 | $494,660 |
| 2018 | $5,139 | $452,336 | $172,376 | $279,960 |
| 2017 | $5,034 | $443,507 | $168,997 | $274,510 |
| 2016 | $4,596 | $434,851 | $165,684 | $269,167 |
| 2015 | $4,596 | $428,350 | $163,196 | $265,154 |
| 2014 | $1,318 | $121,406 | $15,830 | $105,576 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Vaught
-
Kenneth Winslow
Buyer's Agent in 2018
Kenneth Winslow
RE/MAX
(530) 809-3700
17 Total Sales
-
S
Seller's Agent in 2014
Sarah Nielsen
Independent Realty Group
-
D
Buyer's Agent in 2014
Dean Gaskey
Anderson Real Estate Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN18042995
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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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