Seller's Agent in 2024
Alisha Simpkins
Keller Williams Realty Chico Area
(530) 809-3743
24 in this area
268 Total Sales
421 W 1st Ave Chico, CA 95926
Chico Vecino Neighborhood
12
Beds
6
Baths
3,280
Sq Ft
8,712
Sq Ft Lot
Highlights
- Property is near public transit
- Wood Flooring
- No HOA
- Chico Junior High School Rated A-
- Private Yard
- Neighborhood Views
About This Home
As of December 2024Attention Investors! Here's your chance to add a prime rental property to your portfolio in Chico's highly desirable West Avenues, a hot spot for college rentals. This unique triplex offers a blend of history charm and high rental potential, located blocks from Chico State University and Downtown Chico. The main house, built in 1920, excuses character with original hardwood flooring, offering 3 bedrooms and 2 bathrooms upstairs. Plus, there's an additional bedroom and living space in the basement, providing extra rental opportunities. Behind the main house, you'll find a duplex with two separate units, each featuring 4 bedrooms and 2 bathrooms. The property boasts a fully fenced yard, perfect for tenants seeking an outdoor space, as well as alley access and off-street parking - major conveniences for college students and renters alike. This investment property is perfectly positioned for high demand, thanks to its proximity to the University, shopping, and dining. Don't miss out on this fantastic opportunity, this one won't last long!
Last Agent to Sell the Property
Keller Williams Realty Chico Area Brokerage Phone: 530-354-4244 License #01772692 Listed on: 10/23/2024
Last Buyer's Agent
Keller Williams Realty Chico Area Brokerage Phone: 530-354-4244 License #01772692 Listed on: 10/23/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Rectangular Lot
- Level Lot
- Private Yard
- Back and Front Yard
Home Design
- Triplex
- Entry on the 1st floor
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 3,280 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Living Room
- Utility Room
- Neighborhood Views
- Basement
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Gas Range
- Range Hood
- Recirculated Exhaust Fan
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- On-Street Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Suburban Location
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 2 / D
- Assessor Parcel Number 003085004000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Maintenance Expense $2,558
- Professional Management Expense $3,472
- Trash Expense $1,599
- Water Sewer Expense $537
- Operating Expense $12,358
- Gross Income $41,218
- Net Operating Income $28,860
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 23, 2024
Closed on
Dec 10, 2024
Sold by
Bought by
Seller's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
Buyer's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
List Price
$549,000
Sold Price
$585,000
Premium/Discount to List
$36,000
6.56%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
0.0678%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 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
$333,000
Interest Rate
0.0347%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 27, 2007
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
$347,250
Interest Rate
0.0674%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 8, 2004
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
$423,000
Interest Rate
0.061%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $585,000 | Mid Valley Title & Escrow | ||
| -- | Orange Coast Title | ||
| $463,000 | Mid Valley Title & Escrow Co | ||
| $470,000 | 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 |
|---|---|---|---|
| Open | $440,000 | ||
| Closed | $435,000 | ||
| Previous Owner | $333,000 | ||
| Previous Owner | $347,250 | ||
| Previous Owner | $423,000 |
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 |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $585,000 | +6.6% | $178 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | For Sale | $549,000 | -- | $167 / 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 | $6,602 | $585,000 | $190,000 | $395,000 |
| 2024 | $6,602 | $596,217 | $154,522 | $441,695 |
| 2023 | $6,524 | $584,528 | $151,493 | $433,035 |
| 2022 | $6,419 | $573,068 | $148,523 | $424,545 |
| 2021 | $6,299 | $561,832 | $145,611 | $416,221 |
| 2020 | $6,281 | $556,072 | $144,118 | $411,954 |
| 2019 | $6,167 | $545,170 | $141,293 | $403,877 |
| 2018 | $6,054 | $534,481 | $138,523 | $395,958 |
| 2017 | $5,378 | $475,000 | $125,000 | $350,000 |
| 2016 | $4,744 | $450,000 | $115,000 | $335,000 |
| 2015 | $4,177 | $390,000 | $115,000 | $275,000 |
| 2014 | $4,051 | $380,000 | $105,000 | $275,000 |
Source: Public Records
Agents Affiliated with this Home
-
Alisha Simpkins
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24218654
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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