NOT LISTED FOR SALE

Estimated Value: $529,778 - $662,000

8 Beds
4 Baths
3,812 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $525,000 $138 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,744/month

4 Days on Market

Highlights

  • 0.75 Acre Lot
  • Laundry Room
  • Back Yard
  • Shasta Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2021

Looking for an investment opportunity with steady income from long term tenants and room to grow? This may be the one for you! Two, 2 bedroom/1 bath duplexes with a 1 car garage nestled in the up & coming North side of Chico. Spacious lot may offer additional opportunities for development. Central heat and air, plenty of parking, and easy access to shopping, restaurants & freeway. Call for more information today!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 04/08/2021

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 04/08/2021

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 1980

Lot Details

  • 0.75 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • 3,812 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 006170031000
  • Tax Block 4086

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $250
  • Insurance Expense $1,900
  • New Taxes Expense $5,775
  • Operating Expense $7,925
  • Gross Income $3,410
  • Net Operating Income $32,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,050

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 006170031000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 137.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 32670.00
  • Lot Size Acres: 0.7500

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 3410.00
  • Gross Scheduled Income: 40920.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 32670.0000 Square Feet
  • Net Operating Income: 32995.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7925.00
  • Rent Control: Yes
  • Total Expenses: 7925.00

Tax Info

  • New Taxes Expense: 5775.00
  • Tax Block: 4086
  • Tax Census Tract: 4.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 21, 2021
Sold by
Excess In Moderation Llc
Bought by
Boeger George J
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$583,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,945
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Ira Services Trust Company
Bought by
Excess In Moderation Llc

Purchase Details

Closed on
May 23, 2012
Sold by
Brooks A Marvin and A Marvin Brooks Md Inc Pst
Bought by
Ira Services Trust Company

Purchase Details

Closed on
Apr 21, 2010
Sold by
Schlaf Irvin D and The Irvin D Schlaf Separate Pr
Bought by
Brooks A Marvin and The A Marvin Brooks M D Inc Profit Shari

Purchase Details

Closed on
Nov 1, 2008
Sold by
Proper Schlaf Irvin D and Proper Irvin D Schlaf Separate
Bought by
Schlaf Irvin D and Baker Banti J

Purchase Details

Closed on
Jul 9, 2007
Sold by
Schlaf Irvin D
Bought by
Schlaf Irvin D and Irvin D Schlaf Separate Property Trust
Source: Public Records

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Range of Values:

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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
Boeger George J $525,000 Mid Valley Title & Escrow Co
Excess In Moderation Llc -- None Available
Ira Services Trust Company -- None Available
Brooks A Marvin $440,678 Mid Valley Title & Escrow Co
Schlaf Irvin D -- None Available
Schlaf Irvin D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlaf Irvin D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $525,000 0.0% $138 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $525,000 -- $138 / 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
2024 $6,050 $546,210 $197,676 $348,534
2023 $5,979 $535,500 $193,800 $341,700
2022 $5,882 $525,000 $190,000 $335,000
2021 $4,577 $407,833 $166,949 $240,884
2020 $4,564 $403,653 $165,238 $238,415
2019 $4,482 $395,740 $161,999 $233,741
2018 $4,400 $387,981 $158,823 $229,158
2017 $4,310 $380,374 $155,709 $224,665
2016 $3,934 $372,916 $152,656 $220,260
2015 $3,934 $367,315 $150,363 $216,952
2014 $3,744 $350,000 $100,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21073652

California Regional Multiple Listing Service (CRMLS)

APN: 006-170-031-000