NOT LISTED FOR SALE

35 Baltar Loop Chico, CA 95973

Estimated Value: $500,307 - $601,000

6 Beds
4 Baths
2,538 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $273,990 $108 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,401/month

49 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Turnkey
  • Bidwell Junior High School Rated A-
  • Central Heating and Cooling System
  • Carpet

About This Home

As of June 2012

Perfect investment opportunity. Built in 2006. Extremely well maintained duplex in desirable newer development. Each unit has 3 bedrooms and 2 baths, indoor laundry, one car garage and private fenced back yard.

Last Agent to Sell the Property

John Barroso

Parkway Real Estate Co. License #01434090 Listed on: 03/15/2012

Last Buyer's Agent

Erica Thau

eXp Realty of California, Inc. License #01377489

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,538 Sq Ft Home
  • Carpet

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 007220030000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $1,020
  • New Taxes Expense $3,500
  • Gross Income $2,300
  • Net Operating Income $21,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,764

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Water Sewer Expenses: 1020.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 007220030000
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 107.96
  • Room Type: All Bedrooms Up

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 400.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 21680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5920.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2015
Sold by
Barnes Christopher and Barnes Julie J
Bought by
Zeissler Alice
Current Estimated Value
$566,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,960
Outstanding Balance
$183,985
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$382,592

Purchase Details

Closed on
Oct 24, 2013
Sold by
Barnes Julie J and Ray Julie
Bought by
Barnes Christopher and Barnes Julie J

Purchase Details

Listed on
Mar 15, 2012
Closed on
May 31, 2012
Sold by
Kearbey Ryan and Kearbey Malla Renelle
Bought by
Ray Julie
Seller's Agent
John Barroso
Parkway Real Estate Co.
Buyer's Agent
Erica Thau
eXp Realty of California, Inc.
List Price
$290,000
Sold Price
$273,990
Premium/Discount to List
-$16,010
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$267,044
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2012
Sold by
Kearbey Brandon and Kearbey Malinda
Bought by
Kearbey Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,044
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2010
Sold by
Kearbey Brandon and Kearbey Malinda
Bought by
Kearbey Brandon and Kearbey Malinda

Purchase Details

Closed on
Oct 2, 2006
Sold by
Kearbey Ryan and Kearbey Malia Renell
Bought by
Kearbey Ryan and Kearbey Malia Renell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Summers Earl E and Summers Jeanette H
Bought by
Kearbey Ryan and Kearbey Malia Renell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2005
Sold by
Linkside Place Inc
Bought by
Summers Earl E and Summers Jeanette H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Zeissler Alice $333,000 None Available
Barnes Christopher -- None Available
Ray Julie $274,000 Mid Valley Title & Escrow Co
Kearbey Ryan -- Mid Valley Title & Escrow Co
Kearbey Brandon -- None Available
Kearbey Ryan $219,000 None Available
Kearbey Ryan $438,000 Mid Valley Title & Escrow Co
Summers Earl E $142,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeissler Alice $232,960
Previous Owner Ray Julie $267,044
Previous Owner Kearbey Ryan $350,400
Previous Owner Summers Earl E $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $273,990 -5.5% $108 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $290,000 -- $114 / 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 $4,764 $394,197 $130,214 $263,983
2024 $4,764 $386,468 $127,661 $258,807
2023 $4,663 $378,891 $125,158 $253,733
2022 $4,470 $371,462 $122,704 $248,758
2021 $4,488 $364,180 $120,299 $243,881
2020 $4,478 $360,447 $119,066 $241,381
2019 $4,397 $353,381 $116,732 $236,649
2018 $4,287 $346,453 $114,444 $232,009
2017 $4,170 $339,660 $112,200 $227,460
2016 $3,786 $333,000 $110,000 $223,000
2015 $3,268 $286,356 $94,058 $192,298
2014 -- $280,748 $92,216 $188,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12034366

California Regional Multiple Listing Service (CRMLS)

APN: 007-220-030-000