NOT LISTED FOR SALE

481 E 7th Ave Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $483,000 - $737,000

5 Beds
5 Baths
2,527 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $550,000 $218 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,637/month

33 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Garage
  • Chico Junior High School Rated A-
  • Ceiling Fan

About This Home

As of April 2021

Hard to find duplex is now available. Custom built in 2005 by owners. Unit one has over 1,400 square feet of living space and features 3-bedrooms and 2 1/2 bathrooms. The second unit has 1,118 square feet and is a 2-bedroom, 1.5 bath home. Both units are currently occupied by tenants on a month to month rental agreement. The duplex is located in a nice neighborhood close to services and access to highways.

Last Agent to Sell the Property

Julie Jalone

Redfin Corporation License #01418097 Listed on: 02/10/2021

Redfin Corporation

Last Buyer's Agent

Non-Member Non-Member

Non Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Cooktop

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 2 Units
  • 2 Units Leased Month-To-Month

Listing and Financial Details

  • Tenant pays for electricity, gas, rent only, cable TV
  • Assessor Parcel Number 003-411-027-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 2005
  • Architectural Style: Contemporary
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top
  • Other Equipment: None
  • Price Per Square Foot: 243.04

Exterior Features

  • Construction Materials: Wood, Stucco
  • Foundation: Slab
  • Listing Price: 550000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Sewer: Sewer in Street
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None

Lot Info

  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Electricity, Gas, Rent Only, Cable TV

Multi Family

  • Gross Income: 28380
  • Income Includes: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 003-411-027-000

MLS Schools

  • School District (County): Butte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 22, 2021
Sold by
Henning Martin H and Henning Sheree D
Bought by
Beauregard Ellen
Seller's Agent
Julie Jalone
Redfin Corporation
Buyer's Agent
Non-Member Non-Member
Non Mls Member
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$628,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,861
Avg. Annual Appreciation
4.06%
Original Mortgage
$550,000
Outstanding Balance
$499,114
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$156,253

Purchase Details

Closed on
Apr 9, 2014
Sold by
Henning Martin and Henning Sheree
Bought by
The Henning Family Trust

Purchase Details

Closed on
Dec 24, 2013
Sold by
Henning Martin and Henning Sheree
Bought by
Henning Martin and Henning Sheree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Stofa Stryker Partnership
Bought by
Henning Marty and Henning Sheree
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Beauregard Ellen $550,000 Mid Valley Title & Escrow Co
The Henning Family Trust -- None Available
Henning Martin -- Mid Valley Title & Escrow Co
Henning Marty $205,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beauregard Ellen $550,000
Previous Owner Henning Martin $183,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $550,000 0.0% $218 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $550,000 -- $218 / Sq Ft
Source: MetroList

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 $3,641 $595,336 $173,188 $422,148
2024 $3,641 $583,664 $169,793 $413,871
2023 $3,777 $572,220 $166,464 $405,756
2022 $3,761 $561,000 $163,200 $397,800
2021 $5,596 $500,000 $150,000 $350,000
2020 $4,850 $430,000 $125,000 $305,000
2019 $4,858 $430,000 $125,000 $305,000
2018 $4,581 $405,000 $125,000 $280,000
2017 $4,578 $405,000 $125,000 $280,000
2016 $3,789 $360,000 $125,000 $235,000
2015 $3,847 $360,000 $120,000 $240,000
2014 $2,789 $262,000 $120,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julie Jalone

    Redfin Corporation

    Julie Jalone
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non Mls Member

See All Agents

Map

Source: MetroList

MLS Number: 202100360

MetroList

APN: 003-411-027-000

California Butte County Chico 95926 Chico Vecino

481 E 7th Ave, Chico, CA

This home is located at 481 E 7th Ave, Chico, CA 95926 since 10 February 2021 and is currently estimated at $628,861, approximately $248 per square foot. This property was built in 2005. 481 E 7th Ave is a home located in Butte County with nearby schools including Citrus Avenue Elementary School, Chico Junior High School, and Chico High School.

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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