NOT LISTED FOR SALE

25 Cameo Dr Chico, CA 95973

Estimated Value: $647,997 - $767,000

8 Beds
8 Baths
3,710 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $644,000 $174 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,258/month

64 Days on Market

Highlights

  • Lawn
  • No HOA
  • Detached Carport Space
  • Bidwell Junior High School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2022

This 4-plex consists of 2 bedrooms and 1.25 baths which is hard to find in Chico's 2 bedroom rental market, as well as covered parking, and covered patio's. New exterior paint. New roof installed in December of 2017 and hooked up to city sewer in January 2018.

Last Agent to Sell the Property

Blake Anderson

Re/Max Pacific License #01927715 Listed on: 10/27/2021

Re/Max Pacific

Last Buyer's Agent

MaryAnn Scott

Parkway Real Estate Co. License #00784476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Lawn

Home Design

  • Quadruplex
  • Turnkey
  • Composition Roof

Interior Spaces

  • 3,710 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Detached Carport Space
  • Parking Available

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Tax Lot 20
  • Assessor Parcel Number 007290020000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $360
  • Professional Management Expense $2,247
  • Operating Expense $2,607
  • Gross Income $44,940
  • Net Operating Income $42,333

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.05
  • Professional Management Expense: 2247.00
  • Property Attached: No
  • Zoning: R3
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 007290020000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 173.58

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Detached Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 44940.00
  • Gross Scheduled Income: 44940.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 42333.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 2607.00
  • Rent Control: No
  • Total Actual Rent: 44940.00
  • Total Expenses: 2607.00

Tax Info

  • Tax Census Tract: 2.02
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 21, 2022
Sold by
Hambek Thomas
Bought by
Smith Benjamin Don
Seller's Agent
Blake Anderson
Re/Max Pacific
Buyer's Agent
MaryAnn Scott
Parkway Real Estate Co.
List Price
$699,000
Sold Price
$644,000
Premium/Discount to List
-$55,000
-7.87%
Current Estimated Value
$700,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,999
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Aug 28, 2018
Closed on
Sep 20, 2018
Sold by
Depa Steven J and Haas Depa Nancy R
Bought by
Hambek Thomas
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Blake Anderson
Re/Max Pacific
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2017
Closed on
Nov 27, 2017
Sold by
Garner Mark A
Bought by
Depa Steven J and Hass Depa Nancy R
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.89%
Original Mortgage
$350,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2009
Sold by
Garner Mark A
Bought by
Garner Mark A and Garner Astrid E

Purchase Details

Closed on
May 23, 2002
Sold by
Scott David H
Bought by
Garner Mark A and Garner Astrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Smith Benjamin Don $644,000 Mid Valley Title
Hambek Thomas $440,000 Bidwell Title & Escrow Co
Depa Steven J $335,000 Mid Valley Title & Escrow Co
Garner Mark A -- None Available
Garner Mark A $265,000 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hambek Thomas $330,000
Previous Owner Depa Steven J $350,000
Previous Owner Garner Mark A $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $644,000 -7.9% $174 / Sq Ft
10/27/2021 10/27/21 For Sale $699,000 +58.9% $188 / Sq Ft
09/27/2018 09/27/18 Sold $440,000 -4.3% $119 / Sq Ft View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $460,000 +37.3% $124 / Sq Ft
11/29/2017 11/29/17 Sold $335,000 -1.2% $90 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $339,000 -- $91 / 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 $7,414 $683,294 $185,711 $497,583
2024 $7,414 $667,936 $182,070 $485,866
2023 $7,327 $656,840 $178,500 $478,340
2022 $5,183 $462,414 $136,652 $325,762
2021 $5,086 $453,387 $133,973 $319,414
2020 $5,072 $448,760 $132,600 $316,160
2019 $4,980 $440,000 $130,000 $310,000
2018 $3,802 $335,000 $115,000 $220,000
2017 $3,846 $339,304 $101,824 $237,480
2016 $3,511 $332,691 $99,828 $232,863
2015 $3,512 $327,725 $98,329 $229,396
2014 $3,440 $321,345 $96,403 $224,942
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21236590

California Regional Multiple Listing Service (CRMLS)

APN: 007-290-020-000