NOT LISTED FOR SALE

40 Jillian Ln Chico, CA 95973

Chico Area

Estimated Value: $508,000 - $587,000

6 Beds
4 Baths
2,392 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2020

Last sale price $465,000 $194 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,415 / mo

107 Days on Market

Highlights

  • Lawn
  • Landscaped
  • Level Lot
  • Bidwell Junior High School Rated A-
  • Central Heating

About This Home

As of November 2020

Located on a quiet street in a great area, this well-maintained and very clean duplex is the perfect property for those looking to add a solid income-producing asset to their portfolio. Nicely designed and functional 3 bedroom units, with a large open-concept kitchen/living room as well as large, private yards, individual garage space, onsite laundry and a desirable location mean extremely low tenant turn-over and ease of management. This could also be the perfect place to call home yourself, while generating a great additional income from the second unit. No matter what your situation, this fantastic property deserves a closer look!

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 07/08/2020

Re/Max of Chico

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 007570039000

Community Details

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $32,400

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 007570039000
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 194.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Level with Street, Level
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2.02
  • Tax Lot: 2

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

Closed on
Jun 11, 2024
Sold by
Bought by
Current Estimated Value
$538,984

Purchase Details

Listed on
Jul 8, 2020
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%

Purchase Details

Closed on
Jul 27, 2015
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
$318,131
Interest Rate
0.0398%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
-- None Listed On Document
$465,000 Mid Valley Title
$324,000 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
Previous Owner $318,131
Previous Owner $224,000
Previous Owner $210,000
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
11/16/2020 11/16/20 Sold $465,000 -2.1% $194 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $475,000 -4.0% $199 / Sq Ft
07/08/2020 07/08/20 For Sale $495,000 -- $207 / 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 $5,455 $503,329 $162,364 $340,965
2024 $5,455 $493,461 $159,181 $334,280
2023 $5,391 $483,786 $156,060 $327,726
2022 $5,305 $474,300 $153,000 $321,300
2021 $5,205 $465,000 $150,000 $315,000
2020 $4,251 $376,728 $132,651 $244,077
2019 $4,174 $369,342 $130,050 $239,292
2018 $4,097 $362,100 $127,500 $234,600
2017 $3,738 $330,480 $102,000 $228,480
2016 $3,411 $324,000 $100,000 $224,000
2015 $3,092 $289,208 $60,247 $228,961
2014 $2,980 $283,543 $59,067 $224,476
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20133607

California Regional Multiple Listing Service (CRMLS)

APN: 007-570-039-000

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