NOT LISTED FOR SALE

2901 Godman Ave Unit 1/2 Chico, CA 95973

Estimated Value: $572,000 - $782,000

6 Beds
4 Baths
2,425 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $487,500 $201 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,860/month

131 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • Laundry Room
  • Bidwell Junior High School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of April 2021

Newer two story duplex with three bedrooms (up) and two full baths, one up and one downstairs. A great location on a corner and near a bus stop. Both yards have been fenced for privacy. Washer, dryer and refrigerator included. A great rental investment or live in one unit and rent the second one. Each unit has an attached one-car garage. Ceiling fans in bedrooms and living room. There are auto sprinklers in both front and back.

Last Agent to Sell the Property

Peggy Dudman

Century 21 Select Real Estate, Inc. License #01277443 Listed on: 10/01/2020

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,207

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,425 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Assessor Parcel Number 007220027000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,250
  • Insurance Expense $963
  • Pest Control $928
  • Trash Expense $708
  • Water Sewer Expense $1,838
  • New Taxes Expense $5,390
  • Operating Expense $12,077
  • Gross Income $29,520
  • Net Operating Income $17,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,207

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, dryer, and refrigerato as is.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 1838.00
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 2250.00
  • Parcel Number: 007220027000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 201.03
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Garage, Washer Included
  • Pest Control Expense: 928.00
  • Sewer: Public Sewer
  • Trash Expense: 708.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 39.76845200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1170 Square Feet
  • Gross Income: 29520.00
  • Gross Scheduled Income: 29520.00
  • Insurance Expense: 963.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 17443.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 12077.00
  • Rent Control: Yes
  • Total Actual Rent: 2460.00
  • Total Expenses: 12077.00

Tax Info

  • New Taxes Expense: 5390.00
  • Tax Census Tract: 2.01
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Kumar Rakesh and Kumari Anita
Bought by
Rakesh Kumar And Anita Kumari Revocable Inter and Kumar
Current Estimated Value
$630,428

Purchase Details

Closed on
Mar 17, 2025
Sold by
James Droz Revocable Trust and Droz James
Bought by
Kumar Rakesh and Kumari Anita

Purchase Details

Listed on
Oct 1, 2020
Closed on
Mar 18, 2021
Sold by
Jehle Robert W and Jehle Mary E
Bought by
Droz James and The James Droz Revocable Trust
Seller's Agent
Peggy Dudman
Century 21 Select Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$510,000
Sold Price
$487,500
Premium/Discount to List
-$22,500
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
May 13, 2008
Sold by
Excelslor Mortgage Equity Fund Ii
Bought by
Jehle Robert W and Jehle Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
Hase Simon
Bought by
Exelsior Mortgage Equity Fund Ii Llc

Purchase Details

Closed on
May 14, 2007
Sold by
Investco Holdings & Subsidiaries Inc
Bought by
Excelsior Mortgage Equity Fund Ii Llc

Purchase Details

Closed on
Sep 6, 2006
Sold by
Hase Simon
Bought by
Investco Holdings & Subsidiaries

Purchase Details

Closed on
Apr 11, 2006
Sold by
Salari Hossein and Salari Zahra E
Bought by
Hase Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2005
Sold by
Linkside Place Inc
Bought by
Salari Hossein and Salari Zahra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 21, 2003
Sold by
Jehle Robert W and Jehle Mary E
Bought by
Jehle Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
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
Rakesh Kumar And Anita Kumari Revocable Inter -- None Listed On Document
Kumar Rakesh $575,000 Fidelity National Title Compan
Droz James $487,500 Timios Title A Ca Corp
Jehle Robert W $375,000 Fidelity Natl Title Co Of Ca
Exelsior Mortgage Equity Fund Ii Llc $1,500,421 Mid Valley Title & Escrow Co
Excelsior Mortgage Equity Fund Ii Llc -- None Available
Investco Holdings & Subsidiaries $2,000 None Available
Hase Simon $197,000 Mid Valley Title & Escrow Co
Salari Hossein $150,000 Mid Valley Title & Escrow Co
Jehle Robert W -- Multiple
Jehle Robert W -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jehle Robert W $300,000
Previous Owner Hase Simon $322,000
Previous Owner Salari Hossein $120,000
Previous Owner Jehle Robert W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $487,500 -4.4% $201 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $510,000 0.0% $210 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $510,000 -1.7% $210 / Sq Ft
10/01/2020 10/01/20 For Sale $519,000 -- $214 / 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 $6,207 $527,684 $162,364 $365,320
2024 $6,207 $517,338 $159,181 $358,157
2023 $6,089 $507,195 $156,060 $351,135
2022 $5,874 $497,250 $153,000 $344,250
2021 $5,503 $455,048 $182,019 $273,029
2020 $5,491 $450,383 $180,153 $270,230
2019 $5,391 $441,553 $176,621 $264,932
2018 $4,722 $385,000 $130,000 $255,000
2017 $4,400 $360,000 $125,000 $235,000
2016 $3,912 $345,000 $125,000 $220,000
2015 $3,968 $345,000 $125,000 $220,000
2014 $3,941 $340,000 $125,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20191533

California Regional Multiple Listing Service (CRMLS)

APN: 007-220-027-000