NOT LISTED FOR SALE

40 Robert Lee Place Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $375,000 - $456,000

4 Beds
2 Baths
1,720 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $359,000 $209 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,502/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of October 2022

Fixer Duplex in a great location for an easy bike ride to Chico State or Enloe Hospital, right off of W 6th Avenue! 2 bedroom one bath units with single car garages for each! Good layout, kitchens are generous with cool 1950s? style tile countertops, eating area, even the original ironing board cabinets!
Interior laundry for each unit, some newer dual pane windows, small yards for each unit, and appliances included in the sale. Great opportunity to put some sweat equity into it and make it a worthy addition to your portfolio or owner occupy one and rent the other, you decide! Call your favorite Realtor today for a showing.

Last Agent to Sell the Property

Adam Fedeli

Chico Homes License #01175184 Listed on: 08/31/2022

Last Buyer's Agent

Ashley Higginson

Parkway Real Estate Co. License #01434581

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a private road
  • 1 Common Wall
  • Wood Fence
  • Fence is in poor condition
  • Corner Lot
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Fixer Upper
  • Planned Development
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Panel Doors
  • Neighborhood Views

Kitchen

  • Gas Range
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 043740117000
  • $155 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stoves, fridges, washers, dryers, and window AC units in 50.
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 043740117000
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 208.72
  • Room Type: Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Poor Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Floor Furnace, Natural Gas, Wall Furnace
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Storm Drains, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • TaxOtherAnnualAssessmentAmount: 155.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Gina L Caianiello Living Trust and Bartlett Rachel M
Bought by
Rachel M Bartlett Living Trust and Bartlett
Current Estimated Value
$413,830

Purchase Details

Closed on
May 1, 2023
Sold by
Gina L Caianiello Living Trust
Bought by
Gina L Caianiello Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2022
Closed on
Nov 2, 2022
Sold by
Caianiello Gina
Bought by
Gina L Caianiello Living Trust
Seller's Agent
Adam Fedeli
Chico Homes
Buyer's Agent
Ashley Higginson
Parkway Real Estate Co.
List Price
$299,000
Sold Price
$359,000
Premium/Discount to List
$60,000
20.07%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 25, 2022
Sold by
Steven Schuman Living Trust
Bought by
Bartlett Rachel and Caianiello Gina
Seller's Agent
Adam Fedeli
Chico Homes
Buyer's Agent
Ashley Higginson
Parkway Real Estate Co.
List Price
$299,000
Sold Price
$359,000
Premium/Discount to List
$60,000
20.07%
Views
43

Purchase Details

Closed on
Jan 30, 2020
Sold by
Shatkin Stacie and Schuman Stacie S
Bought by
Schuman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2020
Sold by
Schuman Steven L
Bought by
Schuman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2017
Sold by
Schuman Steven L
Bought by
Schuman Steven L and Schuman Stacie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rachel M Bartlett Living Trust -- Timios Title
Gina L Caianiello Living Trust -- Wfg National Title
Gina L Caianiello Living Trust -- --
Bartlett Rachel $359,000 Bidwell Title & Escrow
Schuman Steven -- Mid Valley Title & Escrow Co
Schuman Steven -- Mid Valley Title & Escrow Co
Schuman Steven L -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gina L Caianiello Living Trust $371,000
Previous Owner Schuman Steven $227,000
Previous Owner Schuman Steven L $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $359,000 +20.1% $209 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $299,000 -- $174 / 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 $4,051 $373,503 $182,070 $191,433
2024 $4,051 $366,180 $178,500 $187,680
2023 $4,004 $359,000 $175,000 $184,000
2022 $3,583 $320,000 $160,000 $160,000
2021 $1,759 $156,538 $83,419 $73,119
2020 $1,754 $154,934 $82,564 $72,370
2019 $1,723 $151,897 $80,946 $70,951
2018 $1,691 $148,919 $79,359 $69,560
2017 $1,656 $146,000 $77,803 $68,197
2016 $1,512 $143,138 $76,278 $66,860
2015 $1,512 $140,989 $75,133 $65,856
2014 $1,476 $138,228 $73,662 $64,566
Source: Public Records

Agents Affiliated with this Home

  • Adam Fedeli

    Seller's Agent in 2022

    Adam Fedeli

    Chico Homes

    (530) 680-5256

    1 in this area

    33 Total Sales

    Adam Fedeli
    Section Image
  • Ashley Higginson

    Buyer's Agent in 2022

    Ashley Higginson

    Parkway Real Estate Co.

    (530) 864-9349

    8 in this area

    42 Total Sales

    Ashley Higginson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22191184

California Regional Multiple Listing Service (CRMLS)

APN: 043-740-117-000

California Butte County Chico 95926 Chico Vecino

40 Robert Lee Place, Chico, CA

Not Listed for Sale

MultiFamily

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