NOT LISTED FOR SALE

2391 Campbell St Unit A-D Durham, CA 95938

Estimated Value: $470,527 - $729,000

8 Beds
4 Baths
3,192 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $405,000 $127 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,654/month

34 Days on Market

Highlights

  • Fishing
  • Contemporary Architecture
  • Hiking Trails
  • Community Lake
  • No HOA
  • Laundry Room

About This Home

As of September 2020

Durham 2 duplexes on one lot. These are long time successful investment properties. They have been maintained but not updated. Easy to rent. Each unit is 2 bedroom one bath with a garage. There are hook ups in the garage for washer/dryer. Two units have small private yards, There is off street parking. There is an alley on 2 sides. This property is on septic. The roof was replaced in 2018 and all heating/ac units have been replaced. It is in the Durham school district which for years has had a very good reputation. It is a small community close to Chico so you get the best of both worlds. Lakes, streams and rivers are close by. It has 3 long time tenants and one that is more recent. Vaulted ceilings give it an open feel. Durham investment properties don't come up often don't miss out on this one. Owner may carry!

Last Agent to Sell the Property

Ellen Johnson

Mid Valley Realty License #01201897 Listed on: 08/12/2020

Last Buyer's Agent

Maurine Johnson

Johnson Real Estate License #00709207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,192 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Utilities

  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Septic Type Unknown
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / P
  • Assessor Parcel Number 040223007000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Community Lake

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,400
  • Insurance Expense $1,265
  • Maintenance Expense $1,341
  • Pest Control $396
  • Trash Expense $1,380
  • Water Sewer Expense $1,536
  • New Taxes Expense $5,937
  • Operating Expense $14,791
  • Gross Income $27,768
  • Net Operating Income $27,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,669

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Inclusions: stoves & refrigerators
  • Property Attached: Yes
  • Water Sewer Expenses: 1536.00
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1400.00
  • Parcel Number: 040223007000
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 126.88

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Not Available, Water Connected
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Pest Control Expense: 396.00
  • Sewer: None, Septic Type Unknown
  • Trash Expense: 1380.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Lake, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400
  • Latitude Manual: 39.64352100

Multi Family

  • Gross Income: 27768.00
  • Gross Scheduled Income: 38439.00
  • Insurance Expense: 1265.00
  • Lot Size Area: 14810.0000 Square Feet
  • Maintenance Expense: 1341.00
  • Net Operating Income: 27768.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10671.00
  • Rent Control: No
  • Total Expenses: 14791.00

Tax Info

  • New Taxes Expense: 5937.00
  • Tax Block: P
  • Tax Census Tract: 15.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 28, 2020
Sold by
Zillmer Bruce L
Bought by
Thibeau Chelsea
Seller's Agent
Ellen Johnson
Mid Valley Realty
Buyer's Agent
Maurine Johnson
Johnson Real Estate
List Price
$499,950
Sold Price
$405,000
Premium/Discount to List
-$94,950
-18.99%
Current Estimated Value
$591,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,132
Avg. Annual Appreciation
8.17%
Original Mortgage
$324,000
Outstanding Balance
$289,480
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$303,224

Purchase Details

Closed on
Oct 14, 2004
Sold by
Zillmer Bruce L
Bought by
Zillmer Bruce L

Purchase Details

Closed on
Jul 20, 2004
Sold by
Zillmer Dorothy
Bought by
Zillmer Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.97%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thibeau Chelsea $405,000 Mid Valley Title & Escrow Co
Zillmer Bruce L -- Mid Valley Title & Escrow Co
Zillmer Bruce L -- --
Zillmer Bruce -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thibeau Chelsea $324,000
Previous Owner Zillmer Bruce L $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $405,000 -19.0% $127 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $499,950 -- $157 / 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 $4,669 $438,384 $162,364 $276,020
2024 $4,669 $429,789 $159,181 $270,608
2023 $4,626 $421,362 $156,060 $265,302
2022 $4,543 $413,100 $153,000 $260,100
2021 $4,442 $405,800 $150,000 $255,800
2020 $1,887 $171,273 $56,819 $114,454
2019 $1,874 $167,931 $55,705 $112,226
2018 $1,750 $164,655 $54,613 $110,042
2017 $1,726 $161,443 $53,543 $107,900
2016 $1,653 $158,294 $52,494 $105,800
2015 -- $155,929 $51,706 $104,223
2014 -- $152,892 $50,694 $102,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20163839

California Regional Multiple Listing Service (CRMLS)

APN: 040-223-007-000