Seller's Agent in 2019
Edith Israel
Keller Williams Realty
(714) 623-3543
244 Total Sales
Estimated Value: $537,000 - $652,000
4
Beds
3
Baths
2,096
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- No Units Above
- Open Floorplan
- Beamed Ceilings
- Bidwell Junior High School Rated A-
- Lawn
- 2 Car Direct Access Garage
About This Home
As of October 2019A wonderful opportunity exists in Morseman Village! If you're looking for rental property to invest in, or looking for the opportunity to live in 1 unit and lease the other you won't want to miss this. This terrific duplex sits on a 1/3+ acre lot on a culdesac street. There are 2 units - one 2 bedroom, 2 bath and one 2 bedroom, 1 bath. Both units have a cozy fireplace in the living room, a 1 car garage with laundry hook-ups and a long driveway for additional parking. The fully fenced back yards are enormous with sheds and large shade trees. The front yard lawns and trees are maintained by the HOA, so the neighborhood always looks well manicured. The 2 bedroom, 1 bath unit was renovated approximately 1 year ago with new paint and carpet and with some work done in the kitchen and baths. The 2 bedroom, 2 bath unit is waiting for your personal touch! The central location offers easy access to everything you need including shopping, dining, freeway access, the municipal airport and Chico State University. This is a great place to call home or a great investment opportunity. Come make it yours!
Last Agent to Sell the Property
Keller Williams Realty License #01399225 Listed on: 06/17/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,462
Year Built
- Built in 1978
Lot Details
- 0.31 Acre Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Cul-De-Sac
- Landscaped
- Lawn
- Back and Front Yard
HOA Fees
- $150 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Driveway
- RV Potential
Home Design
- Duplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,096 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- Entryway
- Living Room with Fireplace
- Carpet
Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Septic Type Unknown
- Phone Available
- Cable TV Available
Additional Features
- No Interior Steps
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, grounds care, gas, trash collection
- Assessor Parcel Number 007320009000
Community Details
Overview
- 2 Units
- Morseman Village Association, Phone Number (530) 894-0404
- Maintained Community
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Water Sewer Expense $800
- New Taxes Expense $4,700
- Operating Expense $8,120
- Gross Income $30,000
- Net Operating Income $27,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2020
Sold by
Palmer Laura and Estate Of Myton Botsford Palme
Bought by
Palmer Laura and Palmer Property Trust
Current Estimated Value
Purchase Details
Listed on
Jun 17, 2019
Closed on
Sep 19, 2019
Sold by
Hutchinson Donald H
Bought by
Palmer Laura and Estate Of Myron Botsford Palme
Seller's Agent
Edith Israel
Keller Williams Realty
Buyer's Agent
Brian Littrell
Commercial Brokers of California
List Price
$425,000
Sold Price
$418,500
Premium/Discount to List
-$6,500
-1.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Purchase Details
Closed on
May 31, 2019
Sold by
Hutchinson Donald H and Estate Of June Diane Hutchinso
Bought by
Hutchinson Donald H
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 |
|---|---|---|---|
| Palmer Laura | -- | None Available | |
| Palmer Laura | $418,500 | Mid Valley Title & Escrow Co | |
| Hutchinson Donald H | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2019 10/02/19 | Sold | $418,500 | +0.7% | $200 / Sq Ft |
| 08/06/2019 08/06/19 | Price Changed | $415,500 | -2.2% | $198 / Sq Ft |
| 06/17/2019 06/17/19 | For Sale | $425,000 | -- | $203 / 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 | $5,462 | $457,688 | $153,109 | $304,579 |
| 2024 | $5,462 | $448,714 | $150,107 | $298,607 |
| 2023 | $5,403 | $439,916 | $147,164 | $292,752 |
| 2022 | $5,325 | $431,291 | $144,279 | $287,012 |
| 2021 | $5,234 | $422,835 | $141,450 | $281,385 |
| 2020 | $5,221 | $418,500 | $140,000 | $278,500 |
| 2019 | $3,566 | $315,000 | $135,000 | $180,000 |
| 2018 | $2,699 | $237,767 | $103,033 | $134,734 |
| 2017 | $2,644 | $233,106 | $101,013 | $132,093 |
| 2016 | $2,414 | $228,536 | $99,033 | $129,503 |
| 2015 | $2,414 | $225,104 | $97,546 | $127,558 |
| 2014 | $2,368 | $220,696 | $95,636 | $125,060 |
Source: Public Records
Agents Affiliated with this Home
-
Edith Israel
-
Brian Littrell
Seller Co-Listing Agent in 2019
Brian Littrell
Commercial Brokers of California
(530) 514-9035
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19114558
APN: 007-320-009-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 982 E Lassen Ave Unit 1
- 982 E Lassen Ave Unit 19
- 3 Portia Ct
- 2960 Burnap Ave
- 701 E Lassen Ave Unit 182
- 701 E Lassen Ave Unit 126
- 701 E Lassen Ave Unit 39
- 701 E Lassen Ave Unit 210
- 701 E Lassen Ave Unit 38
- 991 Bertino Place
- 978 Bertino Place
- 976 Pico Place
- 959 Pico Place
- 964 Pico Place
- 960 Pico Place
- 40 Coral Cir
- Plan 1811 at Amber Lynn Estates
- Plan 1547 at Amber Lynn Estates
- Plan 1678 at Amber Lynn Estates
- 2915 Godman Ave