NOT LISTED FOR SALE

2590 E 20th St Chico, CA 95928

Estimated Value: $895,331 - $944,000

7 Beds
7 Baths
3,966 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $885,000 $223 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,807/month

12 Days on Market

Highlights

  • No HOA
  • Hiking Trails
  • Back Yard
  • Harry M. Marsh Junior High School Rated A-
  • Laundry Room

About This Home

As of August 2021

unit 1) 2 bed 1.5 bath with upstairs balcony and downstairs porch. Unit 2) 2 bed 1.5 bath. Unit 3) 2 bed 1.5 bath with a third room with no closet and has a upstairs balcony. Unit 4) 1 bed 1 bath has a dedicated parking spot. All units have refrigerator, washer, dryer, dishwasher, garbage disposal. Three of the units have access to a garage (see photos) where the garage does not have dividing walls.

Last Agent to Sell the Property

Brewster Beattie

Keller Williams Realty Chico Area License #01086204 Listed on: 07/30/2021

Keller Williams Realty Chico Area

Last Buyer's Agent

Rachel Copeland

Paradise Homes & Land License #01358585

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,889

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • 3,966 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 018490010000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Hiking Trails

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,161
  • Maintenance Expense $3,331
  • Trash Expense $652
  • Water Sewer Expense $2,067
  • Operating Expense $14,780
  • Gross Income $3,725
  • Net Operating Income $29,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,889

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2067.00
  • Property Type: Residential Income
  • Parcel Number: 018490010000
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 223.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Trash Expense: 652.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3725.00
  • Gross Scheduled Income: 44700.00
  • Insurance Expense: 2161.00
  • Lot Size Area: 6970.0000 Square Feet
  • Maintenance Expense: 3331.00
  • Net Operating Income: 29920.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 14780.00
  • Rent Control: No
  • Total Expenses: 14780.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 9, 2021
Sold by
Broman Kimberly S
Bought by
Broman Clifford G and Broman Kimberly S
Seller's Agent
Brewster Beattie
Keller Williams Realty Chico Area
Buyer's Agent
Rachel Copeland
Paradise Homes & Land
List Price
$900,000
Sold Price
$885,000
Premium/Discount to List
-$15,000
-1.67%
Current Estimated Value
$927,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,110
Avg. Annual Appreciation
1.13%

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 26, 2021
Sold by
Broman Clifford Gerald
Bought by
Broman Kimberly S
Seller's Agent
Brewster Beattie
Keller Williams Realty Chico Area
Buyer's Agent
Rachel Copeland
Paradise Homes & Land
List Price
$900,000
Sold Price
$885,000
Premium/Discount to List
-$15,000
-1.67%

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 25, 2021
Sold by
Giordanengo John and Giordanengo Marianne F
Bought by
Broman Kimberly S
Seller's Agent
Brewster Beattie
Keller Williams Realty Chico Area
Buyer's Agent
Rachel Copeland
Paradise Homes & Land
List Price
$900,000
Sold Price
$885,000
Premium/Discount to List
-$15,000
-1.67%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Giordanengo John J and Giordanengo Marianne F
Bought by
Giordanengo John and Giordanengo Marianne F

Purchase Details

Closed on
Sep 17, 2003
Sold by
Doe Mill Llc
Bought by
Giordanengo John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Broman Clifford G -- None Available
Broman Kimberly S -- Mid Valley Title & Escrow Co
Broman Kimberly S $885,000 Mid Valley Title & Escrow Co
Giordanengo John -- None Available
Giordanengo John J $450,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giordanengo John J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $885,000 -1.7% $223 / Sq Ft
07/30/2021 07/30/21 For Sale $900,000 -- $227 / 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 $10,889 $945,168 $180,405 $764,763
2024 $10,889 $920,754 $176,868 $743,886
2023 $10,749 $908,700 $173,400 $735,300
2022 $10,537 $891,000 $170,000 $721,000
2021 $7,159 $589,185 $151,045 $438,140
2020 $7,135 $583,206 $149,497 $433,709
2019 $6,974 $571,889 $146,566 $425,323
2018 $6,790 $560,794 $143,693 $417,101
2017 $6,483 $549,917 $140,876 $409,041
2016 $5,951 $539,253 $138,114 $401,139
2015 $5,960 $531,244 $136,040 $395,204
2014 $5,250 $446,000 $100,000 $346,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21152652

California Regional Multiple Listing Service (CRMLS)

APN: 018-490-010-000