Seller's Agent in 2023
Steven Depa
RE/MAX
(530) 520-8672
6 in this area
139 Total Sales
481 E 3rd St Chico, CA 95928
East Streets NeighborhoodEstimated Value: $418,000 - $510,533
6
Beds
1
Bath
1,557
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Front Yard
- Parkview Elementary School Rated A-
- Floor Furnace
- 4-minute walk to Lost Park
About This Home
As of December 2023Discover a prime investment gem in the heart of Chico! This duplex features a 4-bedroom, 2-bath front house, alongside a comfortable 2-bedroom, 1-bath unit. Each comes with convenient in-unit laundry, private low-maintenance backyards, and plenty of off street parking with alley access. Ideal for investors, this property is a standout choice for a portfolio addition, offering both practicality and charm right where the action is! PLEASE DO NOT DISTURB TENANTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,866
Year Built
- Built in 1905
Lot Details
- 7,405 Sq Ft Lot
- 1 Common Wall
- Front Yard
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,557 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 1 Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Listing and Financial Details
- Legal Lot and Block 2 / B
- Assessor Parcel Number 004173004000
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $32
- Gardener Expense $715
- Insurance Expense $1,066
- Trash Expense $389
- Water Sewer Expense $108
- New Taxes Expense $4,818
- Operating Expense $7,128
- Gross Income $3,045
- Net Operating Income $29,412
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 9, 2024
Sold by
Nudes Investment Llc
Bought by
Pitts Cody M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$270,396
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$211,475
Purchase Details
Listed on
Dec 6, 2023
Closed on
Dec 18, 2023
Sold by
Campos Properties Lp
Bought by
Nudes Investment Llc
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Heather DeLuca
Re/Max of Chico
List Price
$438,000
Sold Price
$440,000
Premium/Discount to List
$2,000
0.46%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Purchase Details
Closed on
Dec 17, 2014
Sold by
Campos Michael D and Campos Nancy
Bought by
Campos Properties Limited Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,939,140
Interest Rate
3.8%
Mortgage Type
Stand Alone Second
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pitts Cody M | -- | Fidelity National Title Compan | |
| Nudes Investment Llc | $440,000 | Mid Valley Title | |
| Campos Properties Limited Partnership | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pitts Cody M | $273,000 | |
| Previous Owner | Campos Properties Limited Partnership | $1,939,140 | |
| Previous Owner | Campos Properties Limited Partnership | $147,360 | |
| Previous Owner | Campos Michael D | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $440,000 | +0.5% | $283 / Sq Ft |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- |
| 12/06/2023 12/06/23 | For Sale | $438,000 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,866 | $448,800 | $178,500 | $270,300 |
| 2024 | $4,866 | $440,000 | $175,000 | $265,000 |
| 2023 | $1,451 | $129,406 | $55,739 | $73,667 |
| 2022 | $1,427 | $126,870 | $54,647 | $72,223 |
| 2021 | $1,400 | $124,383 | $53,576 | $70,807 |
| 2020 | $1,396 | $123,108 | $53,027 | $70,081 |
| 2019 | $1,371 | $120,695 | $51,988 | $68,707 |
| 2018 | $1,346 | $118,329 | $50,969 | $67,360 |
| 2017 | $1,318 | $116,010 | $49,970 | $66,040 |
| 2016 | $1,203 | $113,737 | $48,991 | $64,746 |
| 2015 | $1,203 | $112,030 | $48,256 | $63,774 |
| 2014 | $1,174 | $109,836 | $47,311 | $62,525 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
-
Heather DeLuca
Buyer's Agent in 2023
Heather DeLuca
RE/MAX
(530) 228-1480
1 in this area
112 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN23220527
APN: 004-173-004-000
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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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