NOT LISTED FOR SALE

29 Cameo Dr Chico, CA 95973

Estimated Value: $643,000 - $739,000

2 Beds
1 Bath
3,710 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $699,000 $188 Per Sq Ft

Current estimated payment $4,077/month

104 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Central Heating and Cooling System
  • Bidwell Junior High School Rated A-
  • Cul-De-Sac

About This Home

As of August 2024

New roof & new price-add this 4-plex to your Real Estate portfolio! Each unit is 2-bedrooms, 1 bathroom and it rented at $1,150/mo- $4,600 each month! There’s covered parking at the rear & small storage space too. Located on a quiet cul-de-sac on the North-end of town, this quad-plex sits on .21 acre lot. There’s so potential in this investment waiting for you!

Last Agent to Sell the Property

Danielle Branham

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-570-8402 License #01495078 Listed on: 04/05/2024

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Berndt Trust

Western Property Solutions License #01306267

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Entry on the 2nd floor
  • Composition Roof

Interior Spaces

  • 3,710 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 007290019000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,500
  • Insurance Expense $3,600
  • Maintenance Expense $4,800
  • Other Expense $4,200
  • Trash Expense $1,200
  • Water Sewer Expense $420
  • Operating Expense $15,720
  • Gross Income $5,520
  • Net Operating Income $39,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Inclusions: Seller owned appliances
  • Price Per Unit: 175000
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 420.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 007290019000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 188.41

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Average2 Bed Area: 927 Square Feet
  • Electric Expense: 1500.00
  • Gross Income: 5520.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 9148.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 39480.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 15720.00
  • Operating Expense Percent: 28.00
  • Other Expense: 4200.00
  • Other Expense Description: Taxes
  • Rent Control: Yes
  • Total Actual Rent: 4600.00
  • Total Expenses: 15720.00

Tax Info

  • Tax Census Tract: 2.02
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Aug 26, 2024
Sold by
Bordenave Neal
Bought by
Thornton Andrea B
Seller's Agent
Danielle Branham
Century 21 Select Real Estate, Inc.
Buyer's Agent
Berndt Trust
Western Property Solutions
List Price
$750,000
Sold Price
$699,000
Premium/Discount to List
-$51,000
-6.8%
Views
54
Current Estimated Value
$701,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,580
Avg. Annual Appreciation
0.34%
Original Mortgage
$524,250
Outstanding Balance
$518,684
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$182,896

Purchase Details

Closed on
Sep 6, 2017
Sold by
Bordenave Neal
Bought by
Bordenave Neal

Purchase Details

Closed on
May 21, 2002
Sold by
Scott David H
Bought by
Bordenave Neal D and Bordenave Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.89%
Source: Public Records

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

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
Thornton Andrea B $699,000 Mid Valley Title & Escrow
Bordenave Neal -- None Available
Bordenave Neal D $265,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Andrea B $524,250
Previous Owner Bordenave Neal D $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $699,000 -0.1% $188 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $699,999 -4.8% $189 / Sq Ft
05/16/2024 05/16/24 Price Changed $735,000 -2.0% $198 / Sq Ft
04/05/2024 04/05/24 For Sale $750,000 -- $202 / 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 $4,280 $699,000 $180,000 $519,000
2024 $4,280 $383,786 $115,855 $267,931
2023 $4,230 $378,262 $113,584 $264,678
2022 $4,161 $370,885 $111,357 $259,528
2021 $4,083 $363,653 $109,174 $254,479
2020 $4,995 $359,946 $108,055 $251,891
2019 $4,922 $352,929 $105,937 $246,992
2018 $4,849 $346,049 $103,860 $242,189
2017 $4,770 $339,304 $101,824 $237,480
2016 $4,435 $332,691 $99,828 $232,863
2015 $4,435 $327,725 $98,329 $229,396
2014 $4,363 $321,345 $96,403 $224,942
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24067812

California Regional Multiple Listing Service (CRMLS)

APN: 007-290-019-000