NOT LISTED FOR SALE

24 Baltar Loop Unit A Chico, CA 95973

Estimated Value: $585,936 - $705,000

6 Beds
4 Baths
2,523 Sq Ft
$249/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $525,000 $208 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,875/month

16 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Neighborhood Views
  • Bidwell Junior High School Rated A-
  • No HOA
  • Living Room

About This Home

As of July 2020

Here is a great opportunity for a Newer North Chico Duplex! Live in one and rent out the other or rent them both. This property is conveniently located on a corner lot and each unit offers a 3 Bedroom, 2 bath, 2 story floor plan with each unit having their own 1 car oversized garage and separate yards. This property has been well maintained and is in great shape. Each unit has 3 bedrooms and 1 bath upstairs, and downstairs there is an open floor plan with a living room, dinning area, 1 bath, open kitchen with a sitting bar area . Each unit has its own backyard and offer plenty of room for you or your tenants entertainment needs. All appliances included in the sale. Check out our 3D Tour of the property as well.

Last Agent to Sell the Property

Rick Sufuentes

Parkway Real Estate Co. License #01486988 Listed on: 04/29/2020

Last Buyer's Agent

Garrett French

Century 21 Select Real Estate, Inc. License #01402010

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,569

Year Built

  • Built in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Corner Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 28
  • Assessor Parcel Number 007220052000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,400
  • Insurance Expense $1,017
  • Trash Expense $550
  • Water Sewer Expense $1,853
  • New Taxes Expense $6,563
  • Operating Expense $12,382
  • Net Operating Income $23,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,569

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, washer and dryer.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1853.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 007220052000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Main
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 208.09
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 550.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 39.76761300

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1017.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 23618.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12382.00
  • Rent Control: Yes
  • Total Actual Rent: 3000.00
  • Total Expenses: 12382.00

Tax Info

  • New Taxes Expense: 6562.50
  • Tax Census Tract: 2.01
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 30, 2020
Sold by
Rolfe Marsha and Price Wyatt B
Bought by
Celik Erim
Seller's Agent
Rick Sufuentes
Parkway Real Estate Co.
Buyer's Agent
Garrett French
Century 21 Select Real Estate, Inc.
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$627,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,734
Avg. Annual Appreciation
3.44%
Original Mortgage
$525,000
Outstanding Balance
$466,399
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$161,335

Purchase Details

Closed on
Oct 16, 2007
Sold by
Price Wyatt B and Rolfe Marsha
Bought by
Rolfe Marsha and Price Wyatt B

Purchase Details

Closed on
Aug 29, 2006
Sold by
Damschen Floyd E and The 1992 Floyd Eugene Damschen
Bought by
Price Wyatt B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Linkside Place Inc
Bought by
Damschen Floyd E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.35%
Mortgage Type
Seller Take Back
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
Celik Erim $525,000 Bidwell Title & Escrow Co
Rolfe Marsha $67,000 None Available
Price Wyatt B $412,500 Mid Valley Title & Escrow Co
Damschen Floyd E $147,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celik Erim $525,000
Previous Owner Price Wyatt B $330,000
Previous Owner Damschen Floyd E $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $525,000 0.0% $208 / Sq Ft
04/29/2020 04/29/20 For Sale $525,000 -- $208 / 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 $6,569 $568,276 $162,364 $405,912
2024 $6,569 $557,134 $159,181 $397,953
2023 $6,445 $546,210 $156,060 $390,150
2022 $6,223 $535,500 $153,000 $382,500
2021 $6,207 $525,000 $150,000 $375,000
2020 $6,406 $531,670 $196,006 $335,664
2019 $6,289 $521,246 $192,163 $329,083
2018 $4,722 $385,000 $130,000 $255,000
2017 $4,569 $375,000 $125,000 $250,000
2016 $3,912 $345,000 $125,000 $220,000
2015 $3,968 $345,000 $125,000 $220,000
2014 $3,941 $340,000 $125,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20081531

California Regional Multiple Listing Service (CRMLS)

APN: 007-220-052-000