NOT LISTED FOR SALE

2465 Almandor Cir Chico, CA 95926

Estimated Value: $581,000 - $627,231

8 Beds
4 Baths
3,264 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $529,000 $162 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,694/month

3 Days on Market

Highlights

  • Fireplace in Kitchen
  • Contemporary Architecture
  • Private Yard
  • Bidwell Junior High School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of July 2020

Turn-key GROWTH opportunity in Chico with a hard to find 4-plex! Current rents are below market rates
Fully leased Cul-de-Sac complex on Almandor Cir off East Ave.
Each unit has 2 large bedrooms and one bath, updated windows ,wall AC and wall Heat with single carport and off side coin laundry room, 2 units are downstairs and 2 unit are upstairs, 3 units are yearly leased, and one unit is month to month.
All units have been updated through out the years and are in particularly good conditions.
Beautiful Oak and sycamore tree bring so much shade and privacy to this complex.
Large side driveway has extra room to park more cars or boat.
This property will not last too long

Last Agent to Sell the Property

Sima Saboury

Porchlight Real Estate Brokers License #01792124 Listed on: 06/21/2020

Last Buyer's Agent

Sima Saboury

Porchlight Real Estate Brokers License #01792124 Listed on: 06/21/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Cul-De-Sac
  • Front Yard Sprinklers
  • Private Yard
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace

Kitchen

  • Electric Oven
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • 220 Volts In Laundry
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 6
  • Assessor Parcel Number 015300028000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $5,200
  • Operating Expense $200
  • Gross Income $4,010
  • Net Operating Income $3,810

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: SR
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 015300028000
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Dining Room, Kitchen
  • Levels: Two
  • Price Per Square Foot: 162.07

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Community, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Lot 10000-19999 Sqft, Near Public Transit, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 816 Square Feet
  • Average2 Bed Area: 816 Square Feet
  • Average3 Bed Area: 816 Square Feet
  • Average Studio Area: 816 Square Meters
  • Gross Income: 4010.00
  • Gross Scheduled Income: 4010.00
  • Insurance Expense: 800.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 3810.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 200.00
  • Rent Control: Yes
  • Total Actual Rent: 4010.00
  • Total Expenses: 200.00

Tax Info

  • New Taxes Expense: 5200.00
  • Tax Census Tract: 1.04
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2025
Sold by
Downard Daniel
Bought by
Downard Daniel J and Downard Kimber B
Current Estimated Value
$607,237

Purchase Details

Listed on
Jun 21, 2020
Closed on
Jul 13, 2020
Sold by
Schonenberger Olivia M and Schonenberger Trust
Bought by
Downard Daniel
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
Sima Saboury
Porchlight Real Estate Brokers
List Price
$529,000
Sold Price
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$423,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2014
Closed on
Feb 14, 2014
Sold by
Zukrow Monica and Green David
Bought by
Schonenberger Olivia
Seller's Agent
Shari Dixon
Willow & Birch Realty, Inc
Buyer's Agent
Patricia Short
CURB
List Price
$314,500
Sold Price
$317,500
Premium/Discount to List
$3,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$174,625
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2014
Closed on
Jan 28, 2014
Sold by
Schonenberger Olivia M
Bought by
Schonenberger Olivia M and Schonenberger Trust
Seller's Agent
Shari Dixon
Willow & Birch Realty, Inc
Buyer's Agent
Patricia Short
CURB
List Price
$314,500
Sold Price
$317,500
Premium/Discount to List
$3,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,625
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Zukrow Monica and Green David
Bought by
Zukrow Monica and Green David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2001
Sold by
Merrill Todd W and Merrill Kathryn L
Bought by
Zukrow Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Downard Daniel J -- None Listed On Document
Downard Daniel $529,000 Bidwell Title & Escrow Co
Schonenberger Olivia $317,500 Mid Valley Title & Escrow Co
Schonenberger Olivia M -- Mid Valley Title & Escrow Co
Zukrow Monica -- Orange Coast Title
Zukrow Monica $195,000 Mid Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downard Daniel $423,200
Previous Owner Schonenberger Olivia $174,625
Previous Owner Zukrow Monica $203,000
Previous Owner Zukrow Monica $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $529,000 0.0% $162 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $529,000 +66.6% $162 / Sq Ft
02/19/2014 02/19/14 Sold $317,500 +1.0% $97 / Sq Ft View Prior Sale
01/17/2014 01/17/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $314,500 -- $96 / 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 $6,216 $572,563 $184,013 $388,550
2024 $6,216 $560,847 $180,405 $380,442
2023 $6,143 $550,351 $176,868 $373,483
2022 $6,044 $539,570 $173,400 $366,170
2021 $5,852 $529,000 $170,000 $359,000
2020 $4,032 $356,379 $134,504 $221,875
2019 $3,959 $349,402 $131,867 $217,535
2018 $3,887 $342,562 $129,282 $213,280
2017 $3,807 $335,856 $126,748 $209,108
2016 $3,476 $329,281 $124,263 $205,018
2015 $3,476 $324,343 $122,397 $201,946
2014 $2,579 $240,183 $77,435 $162,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20120163

California Regional Multiple Listing Service (CRMLS)

APN: 015-300-028-000