NOT LISTED FOR SALE

2753 Ceanothus Ave Chico, CA 95973

Estimated Value: $546,760 - $605,000

5 Beds
4 Baths
2,287 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $365,000 $160 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,638/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Bamboo Flooring
  • Corner Lot
  • Bidwell Junior High School Rated A-
  • Living Room with Attached Deck
  • High Ceiling

About This Home

As of June 2016

People love this place!! Set in a pretty subdivision of single family homes, this duplex looks like a single-family home. This duplex is a short distance away from Upper Bidwell Park and is close to schools, shopping and B-Line bus stops. The location is an excellent area of Chico. You enter off the back street - Parnassian – to access the upstairs 2/2 over the garage.
This upstairs home has a covered deck, a private side yard and a 1-car garage. The living room is open to the kitchen, the ceilings are raised, and the windows and glass sliding door let in a lot of light. Nice laminate wood flooring in the living room and bedrooms. Stay comfortable all year long with central heat and AC (controllable by your smartphone), dual pane windows, and ceiling fans in every room. Master bedroom has walk in closet, and bathroom. Kitchen includes tile countertops and floor, refrigerator, gas oven/stove, microwave, dishwasher, garbage disposal, and plenty of storage. Laundry closet includes washer and gas dryer. Dogs considered with additional fee (age and breed restrictions apply). One-year lease term. Renters insurance is required. Our screening process includes an in depth look at rental history, credit history, evictions, and criminal background. We will verify identity, employment, income, prior landlords, and pets.

Last Listed By

Susie Stephens

Chico Real Estate, Inc License #01079222 Listed on: 05/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,812

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Shared Driveway
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,287 Sq Ft Home
  • 2-Story Property
  • Bar
  • High Ceiling
  • Double Pane Windows
  • Living Room with Attached Deck
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Water Line To Refrigerator
  • Tile Countertops

Flooring

  • Bamboo
  • Laminate
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 016320013000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $360
  • Insurance Expense $800
  • Trash Expense $360
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,869
  • Gross Income $1,965
  • Net Operating Income $23,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,812

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerators in both units, as well as the washer/dryer/microwave in upstairs unit
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 016320013000
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Bar, High Ceilings, Living Room Deck Attached, Tile Counters
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo, Laminate, Stone, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 159.60
  • Room Type: Living Room, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Stone

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Off Street, Private, Garage Faces Rear, Side by Side, Shared Driveway, Built-In Storage, Garage - Two Door, Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Refrigerator, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: In Closet, Individual Room
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street, Corner Lot
  • Lot Size Sq Ft: 4792.00
  • Price Per Lot Square Foot: 76.17

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1965.00
  • Gross Scheduled Income: 25500.00
  • Insurance Expense: 800.00
  • Net Operating Income: 23580.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1920.00
  • Rent Control: No
  • Total Actual Rent: 2125.00

Tax Info

  • New Taxes Expense: 3869.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Mcdaniel Ivy J
Bought by
Nelson Tyler and Nelson Elyshai
Total Days on Market
1
Current Estimated Value
$581,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,422
Outstanding Balance
$210,521
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$370,669

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 13, 2016
Sold by
Tran Tham
Bought by
Pinnacle Housing Llc
Seller's Agent
Susie Stephens
Chico Real Estate, Inc
Buyer's Agent
Aaron Wolfsberger
Keller Williams Realty Chico Area
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Jan 25, 2011
Sold by
Tran Tham
Bought by
The Tham Tran Living Trust

Purchase Details

Closed on
Oct 25, 2010
Sold by
Federal National Mortgage Association
Bought by
Tran Tham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2010
Sold by
Little Michael W
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 2006
Sold by
Mariposa Traditions Inc
Bought by
Little Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
5.98%
Mortgage Type
Stand Alone Second

Range of Values:

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

Similar Homes in Chico, CA

  • 2465 Pillsbury Rd, Chico, CA 95926

    $499,000

    • 5 Beds
    • 4 Baths
    • 2,915 Sq Ft
    • 2465 Pillsbury Rd
    • Chico, CA

    Very spacious Duplex with 3 bedrooms 2 bath on unit 2465 and 2 bedrooms 2 bath on unit 2475. All the units have nice size bedrooms, indoor laundry. There are 10 off street parking spots inlcuding a detached 2 car garage for each unit which could be used for storage. There is an attached owner's storage unit available too. These units are close to the local bus transport, freeway, shopping,

    Sandy Stoner Century 21 Select Real Estate, Inc.

    Section Image
  • 570 E 3rd Ave, Chico, CA 95926

    $635,000

    • 3 Beds
    • 3 Baths
    • 1,750 Sq Ft
    • 570 E 3rd Ave
    • Chico, CA

    570 E 3rd Avenue is a charming, 3 unit property nestled in the heart of Chico, California. Built in 1956, each 1-bed, 1-bath unit offers contemporary amenities, seamlessly blending timeless mid-century charm with modern functionality for enhanced comfort and versatility.The property presents a compelling opportunity for investors seeking multiple units, proximity to a variety of amenities, and

    Michael Lee Ryno Company

    Section Image
  • 1825 Magnolia Ave, Chico, CA 95926

    $620,000

    • 5 Beds
    • 5 Baths
    • 3,717 Sq Ft
    • 1825 Magnolia Ave
    • Chico, CA

    Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Medical Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed

    Matt Depa Re/Max of Chico

    Section Image
  • 17 Santos Way, Chico, CA 95973

    $529,000

    • 5 Beds
    • 4 Baths
    • 2,184 Sq Ft
    • 17 Santos Way
    • Chico, CA

    Fantastic investment - or possibly the perfect opportunity to live in one unit while earning a solid income from the second! Well located and immaculately maintained 2 unit building on a quiet cul-de-sac. Units are in tremendous condition both inside and out. 17 Santos is a 2 bedroom, 2 bath with good size living room, new flooring, laundry hookups, a single car garage and a nice metal carport

    Daniel Bosch Re/Max of Chico

    Section Image
  • 454 E 8th St, Chico, CA 95928

    $625,000

    • 5 Beds
    • 4 Baths
    • 3,085 Sq Ft
    • 454 E 8th St
    • Chico, CA

    This Historic 4-Plex near Downtown Chico is available for sale! With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential

    Becky Prater Platinum Partners Real Estate

    Section Image
  • 1001 Salem St, Chico, CA 95928

    $509,000

    • 3 Beds
    • 3 Baths
    • 2,032 Sq Ft
    • 1001 Salem St
    • Chico, CA

    Charming Tri-Plex Near Chico State - Recently Remodeled & Rented! Opportunity knocks with this clean and well-maintained tri-plex in a prime Chico location! Just minutes from Chico State, Historic Downtown, and local dining and shopping, this property features three separate units - each with its own fenced backyard and shaded by mature trees. The first unit is a 2-bedroom, 1-bathroom; the second

    Tamara Lambert Thrive Real Estate Company

    Section Image
  • 831 Rio Chico Way, Chico, CA 95928

    $699,000

    • 7 Beds
    • 3 Baths
    • 1,956 Sq Ft
    • 831 Rio Chico Way
    • Chico, CA

    Nestled in a highly sought-after location just steps from Chico State University, vibrant downtown Chico, and a variety of local amenities, this charming duplex presents an incredible investment opportunity. Whether you're looking to generate extra income or expand your real estate portfolio, this property offers two well-appointed units designed for both comfort and convenience. Each unit boasts

    Nicholas Jackson Re/Max of Chico

    Section Image
  • 1905 Normal Ave, Chico, CA 95928

    $600,000

    • 4 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 1905 Normal Ave
    • Chico, CA

    Quadplex investment opportunity. This Barber Neighborhood property is less than a block away from the proposed Barber Yard Development that is currently under review by the City of Chico. A copy of the Barber Yard Specific Plan is available to the public. This property features (4) one bedroom, one bathroom units with separate gas and electric meters. The front and back of the property serve as

    Rob Haley Keller Williams Realty Chico Area

    Section Image
  • 1131 W 6th St, Chico, CA 95928

    $639,000

    • 6 Beds
    • 4 Baths
    • 2,200 Sq Ft
    • 1131 W 6th St
    • Chico, CA

    Welcome to 1131 & 1133 W. 6th St, an exceptional investment opportunity, just blocks from Chico State University and Historic Downtown. This property features two beautifully upgraded homes on one lot, offering rare versatility and long-term value in a highly sought-after location. The front home (1131) is a spacious 4-bedroom,2-bathroom residence with a finished basement that serves as a perfect

    Alisha Simpkins Keller Williams Realty Chico Area

    Section Image

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
Nelson Tyler $257,000 Bidwell Title & Escrow Co
Pinnacle Housing Llc $365,000 Mid Valley Title & Escrow Co
The Tham Tran Living Trust -- None Available
Tran Tham $285,000 Stewart Title Of California
Fannie Mae $342,135 Accommodation
Little Michael W $399,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Tyler $248,422
Previous Owner Tran Tham $213,750
Previous Owner Little Michael W $39,900
Previous Owner Little Michael W $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,600 -- --
09/25/2024 09/25/24 For Rent $1,600 0.0% --
09/09/2024 09/09/24 For Rent $1,600 0.0% --
06/16/2016 06/16/16 Sold $365,000 0.0% $160 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $365,000 -- $160 / 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
2024 $4,812 $423,608 $150,874 $272,734
2023 $4,688 $415,303 $147,916 $267,387
2022 $4,615 $407,161 $145,016 $262,145
2021 $4,529 $399,178 $142,173 $257,005
2020 $4,516 $395,086 $140,716 $254,370
2019 $4,434 $387,340 $137,957 $249,383
2018 $4,338 $379,746 $135,252 $244,494
2017 $4,254 $372,300 $132,600 $239,700
2016 $3,231 $308,441 $102,813 $205,628
2015 $3,241 $303,809 $101,269 $202,540
2014 -- $280,000 $85,000 $195,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16102729

California Regional Multiple Listing Service (CRMLS)

APN: 016-320-013-000