NOT LISTED FOR SALE

248 Estates Dr Chico, CA 95928

Estimated Value: $824,000 - $1,024,000

5 Beds
4 Baths
3,900 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $650,000 $167 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,877/month

77 Days on Market

Highlights

  • RV Garage
  • Property is near a clubhouse
  • Lawn
  • Chico Junior High School Rated A-
  • Modern Architecture
  • No HOA

About This Home

As of July 2016

A very rare find! This Butte Creek Country Club property offers two homes/duplex that are connected by a breezeway, which gives you the two separate houses on one lot. The front house is a wonderful 3 bedroom, 2 bath, 2200 sq.ft home with formal living and formal dining rooms, family room is off the kitchen with slider that leads to a wonderful covered patio and large backyard that has been beautifully maintained. The second home has its own separate large yard and is similar to the main house but on a smaller scale of 1850 sq.ft. Both offer attached 2 car garages, extra parking, and a huge bonus is that there is a detached 35 x 24 fully enclosed RV garage that could be used as a shop. 220 volt wiring, dump stations, and a full bath in the garage. A well designed space that could serve many uses. The total square footage of the tow homes combined is 3900 sq.ft., 5 bedrooms, 6 bathrooms.
Really a quality property.

Last Agent to Sell the Property

Teresa Larson

Parkway Real Estate Co. Listed on: 03/08/2016

Last Buyer's Agent

Debbie Brodie

Choice Properties License #00795922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,358

Year Built

  • Built in 1989

Lot Details

  • 0.67 Acre Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Side Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • RV Garage

Home Design

  • Modern Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Grab Bar In Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Private Water Source
  • Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection, water
  • Assessor Parcel Number 040390018000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Service Entrance

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,358

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Refrigerator in Unit A & B
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 040390018000
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Door Features: Service Entrance, Sliding Doors
  • Levels: One
  • Price Per Square Foot: 166.67
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Bedroom, Walk-In Closet, Utility Room
  • Window Features: Blinds, Drapes, Double Pane Windows

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Asphalt, Garage, Garage Door Opener, RV Garage, RV Access/Parking, Side by Side, Garage - Single Door, Garage Faces Side, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Range Hood, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: Back Yard, Close to Clubhouse, Front Yard, Lawn, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 29185.00
  • Price Per Lot Square Foot: 22.27
  • Lot Size Acres: 0.6700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 1600.00
  • Lot Size Area: 29185.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Rent Control: No
  • Total Actual Rent: 1600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 29, 2016
Sold by
Ferguson Dick V and Ferguson Shirley M
Bought by
Daven Llc
Seller's Agent
Teresa Larson
Parkway Real Estate Co.
Buyer's Agent
Debbie Brodie
Choice Properties
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$952,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,653
Avg. Annual Appreciation
3.53%
Source: Public Records

Range of Values:

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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
Daven Llc $102,142 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daven Llc $60,000
Open Daven Llc $340,000
Closed Daven Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $650,000 -7.0% $167 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $699,000 -- $179 / 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 $8,358 $769,460 $266,351 $503,109
2024 $8,358 $754,374 $261,129 $493,245
2023 $8,259 $739,583 $256,009 $483,574
2022 $8,130 $725,083 $250,990 $474,093
2021 $7,977 $710,867 $246,069 $464,798
2020 $7,953 $703,579 $243,546 $460,033
2019 $7,806 $689,784 $238,771 $451,013
2018 $7,663 $676,260 $234,090 $442,170
2017 $7,514 $663,000 $229,500 $433,500
2016 $5,032 $482,958 $142,646 $340,312
2015 -- $475,705 $140,504 $335,201
2014 -- $466,387 $137,752 $328,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16048235

California Regional Multiple Listing Service (CRMLS)

APN: 040-390-018-000