MG
Seller's Agent in 2022
Marc Guillon
North Valley Real Estate Advisors
(916) 659-8277
8 Total Sales
2568 Esplanade Chico, CA 95973
Chico Area
Studio
--
Baths
--
Sq Ft
6,970
Sq Ft Lot
Highlights
- No HOA
- Bidwell Junior High School Rated A-
- 1-Story Property
About This Home
As of August 20226 unit apartment consisting of five (5) studios and one (1) three bedroom unit. Three of the six units have been renovated in the last two years. Owner just leased new laundry machines with WASH. In-place rents produce a 6.5% cap rate while leaving a new owner the remaining units to renovate and lease to produce a 7.3% cap rate. This is a former motel converted to apartments. Contact Marc Guillon for more information.
Last Agent to Sell the Property
North Valley Real Estate Advisors License #01839798 Listed on: 07/15/2022
Last Buyer's Agent
North Valley Real Estate Advisors License #01839798 Listed on: 07/15/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 6,970 Sq Ft Lot
Parking
- 6 Parking Spaces
Interior Spaces
- 1-Story Property
- Leased Washer and Dryer
Listing and Financial Details
- Assessor Parcel Number 006-060-057-000
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 5 Leased Units
- 1 Vacant Unit
- 4 Units Leased Month-To-Month
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 19, 2023
Sold by
Beck Asset Management Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,491,000
Outstanding Balance
$1,446,341
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 15, 2022
Closed on
Aug 18, 2022
Sold by
Marc Guillon
Bought by
Beck Asset Management Llc
Seller's Agent
Marc Guillon
North Valley Real Estate Advisors
Buyer's Agent
Marc Guillon
North Valley Real Estate Advisors
List Price
$507,000
Sold Price
$465,000
Premium/Discount to List
-$42,000
-8.28%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 20, 2019
Closed on
Mar 2, 2020
Sold by
Richards Mark and Richards Carolyn
Bought by
Guillon Marc
Seller's Agent
Brad Williams
Connect Real Estate Group
Buyer's Agent
Brent Silberbauer
eXp Realty of California, Inc.
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$340,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 7, 2007
Sold by
Taylor Joe R and Taylor Cheryl G
Bought by
Richards Mark and Richards Carolyn
Purchase Details
Closed on
Nov 5, 2004
Sold by
Underhill William R and Underhill Toni A
Bought by
Taylor Joe R and Taylor Cheryl G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 7, 1999
Sold by
Waterford Financial Services Inc
Bought by
Kotz Sidney and Kotz Lynn
Purchase Details
Closed on
Mar 17, 1998
Sold by
Waterford Financial Services Inc
Bought by
Underhill William R and Underhill Toni A
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Lawyers Title | ||
| Beck Asset Management Llc | $465,000 | First American Title | |
| Guillon Marc | $425,000 | Mid Valley Title & Escrow Co | |
| Guillon Marc | -- | Mid Valley T&E Co | |
| Richards Mark | $388,864 | Mid Valley Title & Escrow Co | |
| Taylor Joe R | $699,000 | -- | |
| Kotz Sidney | -- | -- | |
| Underhill William R | $17,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $1,491,000 | |
| Previous Owner | Beck Asset Management Llc | $382,400 | |
| Previous Owner | Guillon Marc | $340,000 | |
| Previous Owner | Taylor Joe R | $12,500 | |
| Previous Owner | Taylor Joe R | $45,000 | |
| Previous Owner | Taylor Joe R | $350,000 | |
| Previous Owner | Taylor Joe R | $624,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/23/2022 08/23/22 | Sold | $465,000 | -8.3% | -- | |
| 07/29/2022 07/29/22 | Pending | -- | -- | -- | |
| 07/15/2022 07/15/22 | For Sale | $507,000 | +19.3% | -- | |
| 03/11/2020 03/11/20 | Sold | $425,000 | -14.1% | $126 / Sq Ft | View Prior Sale |
| 01/29/2020 01/29/20 | Pending | -- | -- | -- | |
| 05/20/2019 05/20/19 | For Sale | $495,000 | -- | $147 / Sq Ft |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,628 | $493,276 | $201,629 | $291,647 |
| 2025 | $5,281 | $483,664 | $197,676 | $285,988 |
| 2024 | $5,281 | $471,240 | $193,800 | $277,440 |
| 2023 | $5,219 | $465,000 | $190,000 | $275,000 |
| 2022 | $4,931 | $437,898 | $195,807 | $242,091 |
| 2021 | $4,839 | $429,371 | $191,968 | $237,403 |
| 2020 | $3,564 | $312,860 | $120,099 | $192,761 |
| 2019 | $3,463 | $306,739 | $117,745 | $188,994 |
| 2018 | $3,400 | $300,737 | $115,437 | $185,300 |
| 2017 | $3,331 | $294,853 | $113,174 | $181,679 |
| 2016 | $3,040 | $289,084 | $110,955 | $178,129 |
| 2015 | $3,040 | $284,752 | $109,289 | $175,463 |
| 2014 | $2,967 | $279,187 | $107,149 | $172,038 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Guillon
-
Brad Williams
Seller's Agent in 2020
Brad Williams
Connect Real Estate Group
(530) 774-3399
27 Total Sales
-
Larry Ruby
Seller Co-Listing Agent in 2020
Larry Ruby
Larry Ruby, Broker
(530) 342-2214
-
Brent Silberbauer
Buyer's Agent in 2020
Brent Silberbauer
eXp Realty of California, Inc.
(530) 864-2404
90 Total Sales
Map
Source: MetroList
MLS Number: 222095277
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