NOT LISTED FOR SALE

Estimated Value: $402,000 - $461,000

3 Beds
3 Baths
1,678 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $425,000 $253 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,647/month

103 Days on Market

Highlights

  • Property is near park and public transit
  • No HOA
  • Double Pane Windows
  • Chico Junior High School Rated A-
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2023

Great location! This triplex is located close to Chico State University, Downtown Chico, shopping, restaurants, and Bidwell Park. The upstairs unit, 247 W 11th is vacant. This unit needs some TLC, although it has a great spacious floorplan, large storage closet, dual pane windows, and a nice view of the neighborhood. Unit 249 W 11th, which is the lower, unit is currently vacant as well. It has newer paint, flooring, cabinets, appliances, a large walk in closet, and dual pane windows. The other downstairs unit, 1109 Salem St, is tenant occupied. This unit has 3 bedrooms and 1 bathroom that has an open living room / kitchen feel, and downstairs in the basement there is a storage / laundry room. There is also a detached 1 car garage, and an additional storage building that is built off to the side of the garage. This additional building was converted into a living space years ago but has been recently converted back to just "storage" because it needs to have some improvements done to it in order to turn it back into another rental unit, per the City of Chico. This building could also be used as a community laundry for the occupants in the triplex because there is already plumbing, electrical, concrete floors, windows, etc. Owner will carry with 25% or more down.

Last Agent to Sell the Property

Emmett Jacobi

Century 21 Select Real Estate, Inc. License #01896904 Listed on: 11/16/2022

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Triplex
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,678 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Location

  • Property is near park and public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 005123001000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 005123001000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 253.28
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Other Structures: Outbuilding, Storage
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Aluminum Siding, Drywall Walls

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Rural, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Mar 8, 2023
Sold by
Wendell Jennifer Maiwald
Bought by
Wendell Brian
Seller's Agent
Emmett Jacobi
Century 21 Select Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Views
111
Current Estimated Value
$435,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,703
Avg. Annual Appreciation
0.86%
Original Mortgage
$255,000
Outstanding Balance
$246,061
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$189,642

Purchase Details

Listed on
Nov 16, 2022
Closed on
Mar 3, 2023
Sold by
Gordon-Safarik Family Trust and Gordon Dan J
Bought by
Wendell Brian
Seller's Agent
Emmett Jacobi
Century 21 Select Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$246,061
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$189,642

Purchase Details

Closed on
Jun 26, 2003
Sold by
Gordon Dan Jay
Bought by
Gordon Dan J and Safarik Rebecca L

Purchase Details

Closed on
Jan 24, 1997
Sold by
Gordon Dan Jay
Bought by
Gordon Dan Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,993
Interest Rate
7.58%
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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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
Wendell Brian -- Mid Valley Title
Wendell Brian $425,000 Mid Valley Title & Escrow
Gordon Dan J -- --
Gordon Dan Jay -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendell Brian $255,000
Previous Owner Gordon Dan Jay $57,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $425,000 -3.2% $253 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $439,000 0.0% $262 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
12/26/2022 12/26/22 Price Changed $439,000 -9.5% $262 / Sq Ft
11/16/2022 11/16/22 For Sale $485,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,834 $443,170 $171,666 $271,504
2024 $4,834 $433,500 $168,300 $265,200
2023 $2,188 $193,044 $42,667 $150,377
2022 $2,155 $189,280 $41,831 $147,449
2021 $2,111 $185,589 $41,011 $144,578
2020 $2,108 $183,697 $40,591 $143,106
2019 $2,073 $180,116 $39,796 $140,320
2018 $2,034 $176,605 $39,016 $137,589
2017 $1,989 $173,162 $38,251 $134,911
2016 $1,819 $169,787 $37,501 $132,286
2015 $1,818 $167,252 $36,938 $130,314
2014 $1,780 $163,996 $36,215 $127,781
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22242954

California Regional Multiple Listing Service (CRMLS)

APN: 005-123-001-000

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