NOT LISTED FOR SALE

Estimated Value: $318,000 - $374,000

4 Beds
2 Baths
1,474 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $228,000 $155 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,015/month

127 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Central Heating and Cooling System
  • Harry M. Marsh Junior High School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of December 2018

Cute Duplex close to down town. both unites are 2 bedroom 1 bath with many updates over the years. both have nice natural light and cute charm. unit 495 has central HVAC, energy efficient windows, dishwasher, gas range, carpet in the bedrooms, hardwood in living room tile hall and bathroom, new sheet vinyl in kitchen with a small fenced front yard and small exterior storage shed. unit 495-1/2 has hard surface floors throughout (wood laminate), energy efficient windows, dishwasher, electric range, window AC unit, gas wall heater with large private backyard with sprinklers. Both unites share laundry room with washer and dryer with additional shared storage space. Only one PG&E and Water meter. Property is being sold as-is, where is. unit 1 495 has lease through August 14th, 2018 unit 2 495 1/2 lease is through April 30th, 2018 Please do not disturb tenants

Last Agent to Sell the Property

Laura Andrews

Parkway Real Estate Co. License #01920768 Listed on: 02/26/2018

Last Buyer's Agent

Josephine O'Donoghue

Re/Max of Chico License #01048338

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 005212002000

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,285
  • Trash Expense $360
  • New Taxes Expense $2,795
  • Operating Expense $5,340
  • Gross Income $23,100
  • Net Operating Income $17,760

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Inclusions: 2 Refrigertors 2 Dishwashers 2 ovens and washer/dryer
  • Property Attached: Yes
  • Zoning: R-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 005212002000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Levels: One
  • Price Per Square Foot: 154.68
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 23100.00
  • Gross Scheduled Income: 23100.00
  • Insurance Expense: 1285.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 17760.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5340.00
  • Rent Control: No
  • Total Expenses: 5340.00

Tax Info

  • New Taxes Expense: 2795.00
  • Tax Census Tract: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Jan 2, 2019
Sold by
Curl Kinshasa T
Bought by
Curl Kinshasa and The Kinshasa Curl Living Trust
Seller's Agent
Laura Andrews
Parkway Real Estate Co.
Buyer's Agent
Josephine O'Donoghue
Re/Max of Chico
List Price
$259,000
Sold Price
$228,000
Premium/Discount to List
-$31,000
-11.97%
Current Estimated Value
$340,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,356
Avg. Annual Appreciation
5.85%
Original Mortgage
$159,500
Outstanding Balance
$140,523
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$199,833

Purchase Details

Listed on
Feb 26, 2018
Closed on
Dec 11, 2018
Sold by
Ann O Neill Tighe D and Neill Summer Ann O
Bought by
Curl Kinshasas T
Seller's Agent
Laura Andrews
Parkway Real Estate Co.
Buyer's Agent
Josephine O'Donoghue
Re/Max of Chico
List Price
$259,000
Sold Price
$228,000
Premium/Discount to List
-$31,000
-11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Outstanding Balance
$140,523
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$199,833

Purchase Details

Closed on
Feb 25, 2005
Sold by
Vugrenes Mark A and Vugrenes Julie M
Bought by
Oneill Tighe D and Oneill Summer Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,200
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Curl Kinshasa -- None Available
Curl Kinshasas T $228,000 Mid Valley Title & Escrow Co
Oneill Tighe D $266,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curl Kinshasas T $159,500
Previous Owner Oneill Tighe D $213,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2018 12/11/18 Sold $228,000 -12.0% $155 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $259,000 -- $176 / 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 $2,786 $254,334 $133,860 $120,474
2024 $2,786 $249,348 $131,236 $118,112
2023 $2,753 $244,460 $128,663 $115,797
2022 $2,712 $239,668 $126,141 $113,527
2021 $2,657 $234,969 $123,668 $111,301
2020 $2,653 $232,560 $122,400 $110,160
2019 $2,607 $228,000 $120,000 $108,000
2018 $3,139 $275,000 $110,000 $165,000
2017 $2,795 $245,000 $110,000 $135,000
2016 $2,394 $225,000 $85,000 $140,000
2015 $2,216 $205,000 $85,000 $120,000
2014 $1,627 $150,000 $85,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18038716

California Regional Multiple Listing Service (CRMLS)

APN: 005-212-002-000