A
Seller's Agent in 2014
Adam Pearce
Adam Pearce, Broker
(530) 624-0618
15 Total Sales
Estimated Value: $490,209 - $595,000
3
Beds
2
Baths
2,425
Sq Ft
$229/Sq Ft
Est. Value
About This Home
As of December 2014Wonderfully maintained newer duplex in north Chico. Both units are leased to a local non-profit organization, and has been since 2009 creating a 0% vacancy factor over the last 5 years. NPO has carpets cleaned every 6 months, has handyman available, and pays for all utilities except landscaping. This property is great for the investor looking for a stable income producing property, or an owner occupied that wants one unit to help reduce their mortgage.
Last Agent to Sell the Property
Adam Pearce, Broker License #01890178 Listed on: 11/24/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,536
Year Built
- Built in 2006
Lot Details
- 6,534 Sq Ft Lot
- 1 Common Wall
- Sprinklers on Timer
- Density is 11-15 Units/Acre
Parking
- 2 Car Garage
Home Design
- 2,425 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Assessor Parcel Number 007220026000
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,500
- Maintenance Expense $2,246
- Pest Control $150
- Professional Management Expense $2,640
- New Taxes Expense $3,875
- Gross Income $2,230
- Net Operating Income $15,083
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2014
Closed on
Dec 29, 2014
Sold by
Excelsior Mortgage Equity Fund Ii Llc
Bought by
Parker Ursula M and Ursula M Parker Family Trust 1996
Seller's Agent
Adam Pearce
Adam Pearce, Broker
Buyer's Agent
Eric Stofa
Parkway Real Estate Co.
List Price
$310,000
Sold Price
$310,500
Premium/Discount to List
$500
0.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,302
Avg. Annual Appreciation
5.53%
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
Assadi Vahid
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
Construction
Purchase Details
Closed on
Nov 3, 2005
Sold by
Linkside Place Inc
Bought by
Assadi Vahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.9%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parker Ursula M | $310,500 | Mid Valley Title & Escrow Co | |
| 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 | $195,000 | Mid Valley Title & Escrow Co | |
| Assadi Vahid | $150,000 | Mid Valley Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hase Simon | $322,000 | |
| Previous Owner | Assadi Vahid | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2014 12/31/14 | Sold | $310,500 | +0.2% | $128 / Sq Ft |
| 12/16/2014 12/16/14 | Pending | -- | -- | -- |
| 11/24/2014 11/24/14 | For Sale | $310,000 | -- | $128 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,536 | $373,163 | $138,206 | $234,957 |
| 2024 | $4,536 | $365,847 | $135,497 | $230,350 |
| 2023 | $4,438 | $358,675 | $132,841 | $225,834 |
| 2022 | $4,248 | $351,643 | $130,237 | $221,406 |
| 2021 | $4,271 | $344,749 | $127,684 | $217,065 |
| 2020 | $4,262 | $341,215 | $126,375 | $214,840 |
| 2019 | $4,184 | $334,526 | $123,898 | $210,628 |
| 2018 | $4,078 | $327,968 | $121,469 | $206,499 |
| 2017 | $3,966 | $321,538 | $119,088 | $202,450 |
| 2016 | $3,599 | $315,234 | $116,753 | $198,481 |
| 2015 | $3,600 | $310,500 | $115,000 | $195,500 |
| 2014 | $3,941 | $340,000 | $125,000 | $215,000 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Pearce
-
Eric Stofa
Buyer's Agent in 2014
Eric Stofa
Parkway Real Estate Co.
(530) 895-1545
53 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH14248028
APN: 007-220-026-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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