NOT LISTED FOR SALE

42 Cameo Dr Chico, CA 95973

Estimated Value: $536,945 - $753,000

8 Beds
4 Baths
3,654 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $315,000 $86 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,710/month

248 Days on Market

Highlights

  • No HOA
  • Balcony
  • Central Heating and Cooling System
  • Bidwell Junior High School Rated A-
  • Cul-De-Sac
  • Carpet

About This Home

As of April 2016

Check out this wonderful investment property- $2440 month. Three of the units have been painted and newer carpet has been installed. The other one has long term tenants. Quite location at the back of the cul-de-sac. Owner will carry the financing for a qualified buyer with a minimum of 20% down on approved credit. Call for an appointment today!

Last Agent to Sell the Property

Glenn Fry

Glenn Fry Real Estate License #01103940 Listed on: 06/23/2015

Last Buyer's Agent

Bruce Roe

Chico Oaks Realty License #00572679

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,654 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 007290012000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Gardener Expense $1,200
  • Insurance Expense $700
  • Pest Control $480
  • Trash Expense $864
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,687
  • Gross Income $2,440
  • Net Operating Income $19,309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,053

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Inclusions: 4 refrigerators, 4 stoves.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 007290012000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 86.21

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Pest Control Expense: 480.00
  • Sewer: Conventional Septic
  • Trash Expense: 864.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 32.87
  • Lot Size Acres: 0.2200

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 2440.00
  • Gross Scheduled Income: 29280.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 19309.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9971.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4687.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Mar 31, 2016
Sold by
Schill John Kurt and Schill Brandon
Bought by
Johnson Stephen L and The Stephen L And Sandra F Johnson 2008
Seller's Agent
Glenn Fry
Glenn Fry Real Estate
Buyer's Agent
Bruce Roe
Chico Oaks Realty
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%
Current Estimated Value
$607,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,486
Avg. Annual Appreciation
7.27%
Original Mortgage
$170,000
Outstanding Balance
$136,613
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$465,690

Purchase Details

Closed on
Feb 27, 2013
Sold by
Schill John Kurt and Schill Brandon
Bought by
Schill John Kurt and Schill Brandon

Purchase Details

Closed on
Apr 20, 2005
Sold by
Schill John G
Bought by
Schill John G and John G Schill Revocable 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
Johnson Stephen L $315,000 Fidelity Natl Title Co Of Ca
Schill John Kurt -- None Available
Schill John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Stephen L $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $315,000 -16.0% $86 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
06/23/2015 06/23/15 For Sale $375,000 -- $103 / 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 $4,053 $363,258 $116,056 $247,202
2023 $4,006 $358,136 $113,781 $244,355
2022 $3,941 $351,153 $111,550 $239,603
2021 $3,867 $344,308 $109,363 $234,945
2020 $3,857 $340,799 $108,242 $232,557
2019 $3,787 $334,157 $106,120 $228,037
2018 $3,719 $327,645 $104,040 $223,605
2017 $3,643 $321,260 $102,000 $219,260
2016 $2,422 $228,899 $51,483 $177,416
2015 $2,422 $225,492 $50,710 $174,782
2014 $2,377 $221,115 $49,717 $171,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15136122

California Regional Multiple Listing Service (CRMLS)

APN: 007-290-012-000