NOT LISTED FOR SALE

2715 White Ave Chico, CA 95973

Estimated Value: $545,000 - $562,247

6 Beds
4 Baths
2,412 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $387,000 $160 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,305/month

10 Days on Market

Highlights

  • In Ground Pool
  • Property is near public transit
  • Central Heating
  • Bidwell Junior High School Rated A-
  • Private Yard
  • Level Lot

About This Home

As of February 2017

Pride of ownership abounds! This immaculate duplex offers the best of both worlds. The potential to live in one unit and rent out the other unit for a substantial income, or lease the entire property to completely maximize your cash flow. Both units have private yards with an abundance of fruit trees and mature landscaping, covered patios, indoor laundry, full two-car garages, newer roof and retrofit windows throughout, plus very comfortable and functional floor plans. Add to this the fact that one unit offers a beautiful swimming pool and you have the definition of a unique investment opportunity!

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 12/20/2016

Re/Max of Chico

Last Buyer's Agent

Teresa Larson

Parkway Real Estate Co.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 2,412 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 007180065000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 007180065000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 160.45

Exterior Features

  • Pool Features: Private, In Ground, Gunite
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 16988.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2016
Closed on
Jan 26, 2017
Sold by
Plascencia Salvador
Bought by
S M C C Inc
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Teresa Larson
Parkway Real Estate Co.
List Price
$395,000
Sold Price
$387,000
Premium/Discount to List
-$8,000
-2.03%
Current Estimated Value
$554,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,416
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
May 13, 2005
Sold by
Lopez Uriel
Bought by
Plascencia Salvador and Plascencia Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 24, 2001
Sold by
Kelly Colin
Bought by
Lopez Uriel and Lopez Aurelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,900
Interest Rate
6.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
S M C C Inc $387,000 Mid Valley Title & Escrow Co
Plascencia Salvador $402,000 Mid Valley Title & Escrow Co
Lopez Uriel $237,000 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plascencia Salvador $320,000
Previous Owner Lopez Uriel $186,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $387,000 -2.0% $160 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
12/20/2016 12/20/16 For Sale $395,000 -- $164 / 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 $4,870 $449,141 $150,874 $298,267
2024 $4,870 $440,335 $147,916 $292,419
2023 $4,812 $431,702 $145,016 $286,686
2022 $4,735 $423,238 $142,173 $281,065
2021 $4,646 $414,940 $139,386 $275,554
2020 $4,633 $410,686 $137,957 $272,729
2019 $4,549 $402,634 $135,252 $267,382
2018 $4,466 $394,740 $132,600 $262,140
2017 $4,296 $387,000 $115,000 $272,000
2016 $2,876 $280,000 $115,000 $165,000
2015 $2,759 $265,000 $115,000 $150,000
2014 $2,494 $240,000 $90,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16765897

California Regional Multiple Listing Service (CRMLS)

APN: 007-180-065-000