NOT LISTED FOR SALE

Estimated Value: $425,000 - $613,000

4 Beds
2 Baths
1,920 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $360,000 $188 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,988/month

3 Days on Market

Highlights

  • Active Adult
  • Two cooling system units
  • Bike Trail
  • No HOA
  • Laundry Room

About This Home

As of April 2020

a turn key condition duplex ----located between Esplanade and Mangrove Ave. Property has great " curb appeal " close to shopping and schools
Large two bedroom , one bath units--
COE is Contingent upon Seller going into Escrow on replacement property .

Last Agent to Sell the Property

Frank Condon

NextHome North Valley Realty License #01739641 Listed on: 03/08/2020

NextHome North Valley Realty

Last Buyer's Agent

Kelsey Grabin

Re/Max of Chico License #02005715

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1969

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre
  • Land Lease

Home Design

  • 1,920 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Two cooling system units
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 003396019000

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $374
  • Trash Expense $630
  • Operating Expense $7,735
  • Gross Income $21,065
  • Net Operating Income $13,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,270

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 003396019000
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 187.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Trash Expense: 630.00
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 21065.00
  • Gross Scheduled Income: 21065.00
  • Insurance Expense: 374.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 13230.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7735.00
  • Rent Control: Yes
  • Total Expenses: 7735.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Wakefield Kelsey and Wakefield Dylan
Bought by
Dylan Wakefield And Kelsey Wakefield Revocabl and Wakefield
Current Estimated Value
$496,349

Purchase Details

Closed on
Oct 28, 2021
Sold by
Wakefield Kelsey and Grabin Kelsey
Bought by
Wakefield Kelsey and Wakefield Dylan

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 23, 2020
Sold by
Bettencourt Thomas A and Bettencourt Darleen A
Bought by
Grabin Kelsey
Seller's Agent
Frank Condon
NextHome North Valley Realty
Buyer's Agent
Kelsey Grabin
Re/Max of Chico
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$353,479
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2011
Sold by
St Therese Chapel Inc
Bought by
Bettencourt Thomas A and Bettencourt Darleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Guernsey Pat
Bought by
St Therese Chapel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Guernsey John P and Mclaughlin Anita L
Bought by
St Therese Capital Inc

Purchase Details

Closed on
May 15, 2003
Sold by
Byman Cornelis and Guernsey John P
Bought by
Guernsey John P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dylan Wakefield And Kelsey Wakefield Revocabl -- None Listed On Document
Wakefield Kelsey -- None Available
Grabin Kelsey $360,000 Mid Valley Title & Escrow Co
Bettencourt Thomas A $150,000 Mid Valley Title & Escrow Co
St Therese Chapel Inc -- Mid Valley Title & Escrow Co
St Therese Capital Inc -- --
Guernsey John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grabin Kelsey $353,479
Previous Owner Bettencourt Thomas A $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $360,000 +2.9% $188 / Sq Ft
04/15/2020 04/15/20 For Sale $350,000 0.0% $182 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $350,000 -- $182 / 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 $4,270 $393,708 $164,045 $229,663
2024 $4,270 $385,989 $160,829 $225,160
2023 $4,219 $378,422 $157,676 $220,746
2022 $4,152 $371,003 $154,585 $216,418
2021 $4,074 $363,729 $151,554 $212,175
2020 $2,186 $193,285 $99,571 $93,714
2019 $2,146 $189,496 $97,619 $91,877
2018 $2,107 $185,781 $95,705 $90,076
2017 $2,064 $182,139 $93,829 $88,310
2016 $1,884 $178,569 $91,990 $86,579
2015 $1,884 $175,888 $90,609 $85,279
2014 $1,851 $172,444 $88,835 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20052703

California Regional Multiple Listing Service (CRMLS)

APN: 003-396-019-000