J
Seller's Agent in 2016
John Kennedy
Kennedy Real Estate
228 W Sacramento Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated Value: $750,000 - $779,000
14
Beds
7
Baths
5,262
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Laundry Room
- Chico Junior High School Rated A-
- Central Heating and Cooling System
About This Home
As of December 20164 Plex investment short distance from Chico State. Located on West Sacramento Ave, the original home is a 3 bed/2 bath unit with a 3 bed/1 bath separate "basement-styled" unit. A two story duplex was built in the rear with easy alley access and parking. The rear units are 4 bed/2 bath units (kitchen, dining area, living room, a bed/bath are downstairs and 3 bed/1 bath are upstairs.
Rear duplex was built in 1982 according to city permits but construction date of original home is unknown.
Seller has obtained a pest inspection report.
Original house and basement units do not have central A/C; however, both rear units have central heat and air.
All units on city sewer and there is one water meter for each of the two buildings; each unit also has its own gas and electric meter.
Property is very close to Chico State and access is easy.
Rear duplex units have access directly from W Sac Ave as well as access and parking off the alley.
Front units also have off-street parking as well.
Last Agent to Sell the Property
John Kennedy
Kennedy Real Estate License #00935877 Listed on: 07/05/2016
Last Buyer's Agent
Jennifer Anderson
Intero Real Estate Services License #01149767
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,362
Year Built
- Built in 1940
Lot Details
- 8,712 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
Home Design
- Property Attached
Interior Spaces
- 5,262 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 003095013000
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $43
- Insurance Expense $2,000
- Trash Expense $2,309
- Water Sewer Expense $3,800
- New Taxes Expense $5,040
- Gross Income $3,800
- Net Operating Income $29,789
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 25, 2019
Sold by
Anderson Bruce and Anderson Jennifer
Bought by
Andersen Bruce and Anderson Jennifer
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Listed on
Jul 5, 2016
Closed on
Dec 6, 2016
Sold by
Karr James A and James A Karr Revocable Trust
Bought by
Anderson Bruce and Anderson Jennifer
Seller's Agent
John Kennedy
Kennedy Real Estate
Buyer's Agent
Jennifer Anderson
Intero Real Estate Services
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$378,750
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2014
Sold by
Karr James A
Bought by
The James A Karr Revocable Trust
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 |
|---|---|---|---|
| Andersen Bruce | -- | Old Republic Title | |
| Anderson Bruce | $505,000 | Mid Valley Title & Escrow Co | |
| The James A Karr Revocable Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Bruce | $450,000 | |
| Open | Anderson Bruce | $2,450,000 | |
| Closed | Andersen Bruce | $450,000 | |
| Closed | Anderson Bruce | $378,750 | |
| Previous Owner | Karr James A | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2016 12/12/16 | Sold | $505,000 | +1.2% | $96 / Sq Ft |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- |
| 07/05/2016 07/05/16 | For Sale | $499,000 | -- | $95 / 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 | $6,362 | $586,089 | $174,085 | $412,004 |
| 2024 | $6,362 | $574,598 | $170,672 | $403,926 |
| 2023 | $6,287 | $563,332 | $167,326 | $396,006 |
| 2022 | $6,186 | $552,288 | $164,046 | $388,242 |
| 2021 | $6,070 | $541,460 | $160,830 | $380,630 |
| 2020 | $6,053 | $535,909 | $159,181 | $376,728 |
| 2019 | $5,943 | $525,402 | $156,060 | $369,342 |
| 2018 | $5,834 | $515,100 | $153,000 | $362,100 |
| 2017 | $5,716 | $505,000 | $150,000 | $355,000 |
| 2016 | $2,953 | $279,476 | $32,513 | $246,963 |
| 2015 | $2,953 | $275,279 | $32,025 | $243,254 |
| 2014 | $2,882 | $269,887 | $31,398 | $238,489 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2016
Jennifer Anderson
Intero Real Estate Services
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH16146047
APN: 003-095-013-000
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