NOT LISTED FOR SALE

27 Santos Way Chico, CA 95973

Estimated Value: $387,192 - $522,000

4 Beds
2 Baths
1,996 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $263,500 $132 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,785/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Bidwell Junior High School Rated A-
  • Living Room
  • Central Heating and Cooling System

About This Home

As of September 2014

Hard to find duplex in north Chico! Recently hooked to city sewer. Large 1/4 acre lot. Quiet Cul-De-Sac location. Units are large, just under 1000 sq ft a piece. Located near shopping and public transportation.

Last Agent to Sell the Property

Steve Valencia

Chico Discount Realty License #1031554 Listed on: 08/08/2014

Last Buyer's Agent

Patricia Short

CURB License #01056725

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1974

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,996 Sq Ft Home
  • Living Room

Kitchen

  • Electric Cooktop
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 006230045000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Trash Expense $480
  • Water Sewer Expense $900
  • Gross Income $1,500
  • Net Operating Income $16,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,437

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 006230045000
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 132.01
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Foundation: Raised
  • Exterior Features: Satellite Dish
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal, Gas Water Heater, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 16620.00
  • 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 Carpet: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1380.00
  • Rent Control: No

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Sep 3, 2014
Sold by
Valencia Steve J and Valencia Pamela J
Bought by
Asakai Koichi and Asakai Mariko
Seller's Agent
Steve Valencia
Chico Discount Realty
Buyer's Agent
Patricia Short
CURB
List Price
$265,000
Sold Price
$263,500
Premium/Discount to List
-$1,500
-0.57%
Current Estimated Value
$471,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,798
Avg. Annual Appreciation
5.40%
Original Mortgage
$210,800
Outstanding Balance
$161,083
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$310,215

Purchase Details

Closed on
Aug 6, 2001
Sold by
Valencia Pamela J
Bought by
Valencia Steve J and Valencia Pamela J

Purchase Details

Closed on
Apr 24, 2001
Sold by
Valencia Steve J
Bought by
Valencia Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,700
Interest Rate
6.92%

Purchase Details

Closed on
May 9, 2000
Sold by
Riggle Michael E and Riggle Karla M
Bought by
Valencia Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.22%

Purchase Details

Closed on
May 8, 2000
Sold by
Valencia Pamela J
Bought by
Valencia Steve J and Valencia Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.22%

Purchase Details

Closed on
Jul 15, 1999
Sold by
Creamer Perry D and Creamer Eugene D
Bought by
Riggle Michael E and Riggle Karla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.51%
Source: Public Records

Range of Values:

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Average Value
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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
Asakai Koichi $263,500 Mid Valley Title & Escrow Co
Valencia Steve J -- Fidelity National Title
Valencia Pamela J -- Fidelity National Title
Valencia Pamela J $120,000 Fidelity National Title
Valencia Steve J -- Fidelity National Title
Valencia Pamela J -- Fidelity National Title
Riggle Michael E $112,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asakai Koichi $210,800
Previous Owner Valencia Pamela J $107,700
Previous Owner Valencia Pamela J $96,000
Previous Owner Riggle Michael E $89,600
Closed Valencia Pamela J $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $263,500 -0.6% $132 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $265,000 -- $133 / 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 $3,437 $316,677 $150,226 $166,451
2024 $3,437 $310,469 $147,281 $163,188
2023 $3,396 $304,383 $144,394 $159,989
2022 $3,342 $298,415 $141,563 $156,852
2021 $3,279 $292,565 $138,788 $153,777
2020 $3,270 $289,566 $137,365 $152,201
2019 $3,210 $283,889 $134,672 $149,217
2018 $3,152 $278,324 $132,032 $146,292
2017 $3,009 $272,868 $129,444 $143,424
2016 $2,744 $267,518 $126,906 $140,612
2015 $2,743 $263,500 $125,000 $138,500
2014 $1,618 $150,442 $73,967 $76,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14169780

California Regional Multiple Listing Service (CRMLS)

APN: 006-230-045-000