Seller's Agent in 2022
Steven Depa
RE/MAX
(530) 520-8672
21 in this area
131 Total Sales
286 E 8th Ave Chico, CA 95926
Chico Vecino Neighborhood
6
Beds
4
Baths
2,750
Sq Ft
9,148
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Front Yard
- Chico Junior High School Rated A-
- Wall Furnace
About This Home
As of June 2022Irresistible investment opportunity! In a prime location just a few blocks off the Esplanade, on the corner of 8th Avenue & Laburnum Avenue, two duplexes create an inviting garden community of 4 units; (2) two bedroom/ 1 bath units, & (2) one bedroom/ 1 bath units. Commodious units feature several updates, and residents enjoy the simplicity of walking and biking in the heart of Chico to local coffee shops & restaurants. All units were updated with energy efficient windows in 2020, and a new roof was installed on the west building. Property was connected to city sewer in 2017. These units have a solid rental history, and would be an appealing addition to any investment portfolio.
Last Buyer's Agent
Casey Smyth
NextHome North Valley Realty License #01941937
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 9,148 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- 2,750 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Laundry Room
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 4 / 42
- Assessor Parcel Number 003392007000
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $363
- Insurance Expense $2,000
- Trash Expense $801
- Water Sewer Expense $2,137
- New Taxes Expense $7,305
- Operating Expense $12,606
- Gross Income $4,035
- Net Operating Income $36,814
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2022 06/29/22 | Sold | $653,205 | +0.6% | $238 / Sq Ft |
| 05/04/2022 05/04/22 | For Sale | $649,000 | -- | $236 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,856 | $724,180 | $175,099 | $549,081 |
| 2024 | $7,856 | $709,981 | $171,666 | $538,315 |
| 2023 | $7,597 | $681,060 | $168,300 | $512,760 |
| 2022 | $2,952 | $262,573 | $102,614 | $159,959 |
| 2021 | $2,896 | $257,425 | $100,602 | $156,823 |
| 2020 | $2,888 | $254,786 | $99,571 | $155,215 |
| 2019 | $2,836 | $249,791 | $97,619 | $152,172 |
| 2018 | $2,785 | $244,894 | $95,705 | $149,189 |
| 2017 | $2,727 | $240,093 | $93,829 | $146,264 |
| 2016 | $2,490 | $235,387 | $91,990 | $143,397 |
| 2015 | $2,490 | $231,853 | $90,609 | $141,244 |
| 2014 | $2,443 | $227,313 | $88,835 | $138,478 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
-
C
Buyer's Agent in 2022
Casey Smyth
NextHome North Valley Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN22091245
APN: 003-392-007
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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