NOT LISTED FOR SALE

Estimated Value: $595,000 - $743,132

5 Beds
5 Baths
2,263 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $615,000 $272 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,004/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • High Ceiling
  • Chico Junior High School Rated A-
  • Contemporary Architecture
  • Great Room

About This Home

As of September 2023

Nested in the coveted Avenue, this picture perfect residence is just a blocks away from the Enloe hospital, CSUC and downtown.
The building consists of 2 units and allows you the opportunity of living in one and renting the other, if you desire. Both units offer an open floor plan, large dual pane windows for ample natural lighting, fully equipped kitchens each with gas stove / oven, microwave, refrigerator, dishwasher and garbage disposal. Additionally these units boast central heat/air, darling quaint yards and each with its own 2 car garage which are equipped with washers and dryers.
Unit 493 offers 3 bedrooms and 2.5 bathrooms. Unit 489 has 2 bedrooms and 1.5 bathrooms, incidentally this unit was just upgraded with a new flooring, new appliances and fresh paint.
With a zero factor vacancy rate on these units, this will make a great investment opportunity for your investments portfolio.

Last Agent to Sell the Property

Effie Khaki

Century 21 Select Real Estate, Inc. License #01024181 Listed on: 08/03/2023

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,796

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,263 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Great Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20,21
  • Assessor Parcel Number 003411028000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,796

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 299950
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 003411028000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 271.76
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Private
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 7.00
  • Tax Lot: 20,21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 14, 2023
Sold by
Kathleen Hayes Family Trust
Bought by
Zermeno William and Zermeno Consuelo V
Seller's Agent
Effie Khaki
Century 21 Select Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Views
39
Current Estimated Value
$648,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,533
Avg. Annual Appreciation
2.64%
Original Mortgage
$603,860
Outstanding Balance
$590,908
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$57,625

Purchase Details

Closed on
Jan 27, 2011
Sold by
Hayes Kathleen Marie
Bought by
Hayes Kathleen Marie and Kathleen Hayes Family Trust 2007

Purchase Details

Closed on
May 10, 2010
Sold by
Hayes Kathleen Marie and Kathleen Hayes Family Trust
Bought by
Hayes Kathleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,870
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Hayes Kathleen Marie and Hayes Kathleen M
Bought by
Hayes Kathleen Marie and Kathleen Hayes Family Trust
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
Zermeno William $615,000 Bidwell Title & Escrow
Hayes Kathleen Marie -- None Available
Hayes Kathleen Marie -- Lsi
Hayes Kathleen Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zermeno William $603,860
Previous Owner Hayes Kathleen Marie $219,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $615,000 +2.5% $272 / Sq Ft
08/03/2023 08/03/23 For Sale $599,900 -- $265 / 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
2025 $6,796 $627,300 $193,800 $433,500
2024 $6,796 $615,000 $190,000 $425,000
2023 $6,405 $575,000 $160,000 $415,000
2022 $6,150 $550,000 $160,000 $390,000
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23130742

California Regional Multiple Listing Service (CRMLS)

APN: 003-411-028-000