NOT LISTED FOR SALE
2 Beds
2 Baths
1,015 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: December 5, 2017

Last sale price $225,000 $222 Per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Two Homes on a Lot
  • Chico Junior High School Rated A-
  • No HOA
  • Wood Frame Window

About This Home

As of December 2017

Chico "Avenues" income property. The property includes two detached 1 bedroom units on one parcel. Each unit is rented for $550 per month. The property has 2 electric meters, 1 gas meter, 1 electric meter & 1 water meter. According to an appraisal on file, the property was appraised as two units and the appraisal states, "the subject's second dwelling unit was legally recognized by the City of Chico." Buyer to investigate to their own satisfaction any and all property conditions.

Last Agent to Sell the Property

William Granicher

Granicher Real Estate License #02004418 Listed on: 10/27/2017

Last Buyer's Agent

Laura Burghardt

City of Trees Realty License #00991783

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Composition Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,015 Sq Ft Home
  • Wood Frame Window
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Natural Gas Connected
  • Water Connected
  • Septic Type Unknown

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 003441011000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $13,200
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 003441011000
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: No
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 221.67
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: None
  • Cooling: Wall/Window Unit(s)
  • 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, Front Yard
  • Lot Size Sq Ft: 5227.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 13200.00
  • Gross Scheduled Income: 13200.00
  • Net Operating Income: 13200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 13200.00

Tax Info

  • Tax Census Tract: 7.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Nov 30, 2017
Sold by
Bought by
Seller's Agent
William Granicher
Granicher Real Estate
Buyer's Agent
Laura Burghardt
City of Trees Realty
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,232
Interest Rate
0.0437%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
0.0408%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 Mid Valley Title & Esc Co
-- Mid Valley Title & Escrow Co
$200,000 Mid Valley Title & Escrow Co
-- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $192,025
Closed $188,232
Previous Owner $136,500
Previous Owner $135,100
Previous Owner $5,800
Previous Owner $9,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $225,000 -4.2% $222 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $234,900 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,318 $256,007 $147,916 $108,091
2024 $3,318 $250,988 $145,016 $105,972
2023 $3,286 $246,068 $142,173 $103,895
2022 $3,242 $241,244 $139,386 $101,858
2021 $3,191 $236,514 $136,653 $99,861
2020 $3,183 $234,090 $135,252 $98,838
2019 $3,136 $229,500 $132,600 $96,900
2018 $2,550 $225,000 $130,000 $95,000
2017 $956 $83,902 $63,275 $20,627
2016 $873 $82,258 $62,035 $20,223
2015 $873 $81,024 $61,104 $19,920
2014 $865 $79,438 $59,908 $19,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN17258920

California Regional Multiple Listing Service (CRMLS)

APN: 003-441-011

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