527 W 5th St Chico, CA 95928
South Campus NeighborhoodEstimated Value: $490,137 - $560,000
5
Beds
2
Baths
2,710
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Wood Flooring
- High Ceiling
- Neighborhood Views
- Chico Junior High School Rated A-
- No HOA
- 4-minute walk to Rotary Park
About This Home
As of March 2024Ivestment Property! Great location, close to CSUC, schools, downtown, restaurants, bus stop. 527 unit has 3 bedroom 1 bath, wood floors, high ceilings, living room, kitchen with an eating nook. The 531 unit has 2 bedrooms and 1 bath, kitchen, living room area, inside laundry. There is a spacious basement with plenty of room for storage. Both units have rear parking which makes this nice for the tenants.
Last Agent to Sell the Property
Century 21 Select Real Estate, Inc. Brokerage Phone: 530-514-5555 License #01131795 Listed on: 01/31/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,846
Year Built
- Built in 1920
Lot Details
- 5,663 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,710 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Entryway
- Living Room
- Neighborhood Views
- Laundry Room
- Basement
Kitchen
- Gas Cooktop
- Tile Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Water Heater
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 4 / 81
- Assessor Parcel Number 004213003000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $22
- Gardener Expense $2,160
- Maintenance Expense $5,436
- Other Expense $724
- Professional Management Expense $5,337
- Trash Expense $856
- Water Sewer Expense $778
- Operating Expense $14,589
- Gross Income $44,480
- Net Operating Income $29,567
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2024
Closed on
Feb 14, 2024
Sold by
Brooks Jill S and Brooks Jeffrey R
Bought by
Perkins 2001 Family Trust and Perkins
Seller's Agent
Sandy Stoner
Century 21 Select Real Estate, Inc.
Buyer's Agent
Mike McCrady
Michael McCrady, Broker
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,034
Avg. Annual Appreciation
7.61%
Purchase Details
Closed on
Jul 16, 2001
Sold by
Johnson Jeff G and Johnson Suzanne
Bought by
Brooks Jeffrey R and Brooks Jill S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.21%
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Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perkins 2001 Family Trust | $485,000 | Mid Valley Title | |
| Brooks Jeffrey R | $240,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brooks Jill S | $194,000 | |
| Previous Owner | Brooks Jeffrey R | $192,000 | |
| Previous Owner | Johnson Jeff G | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $485,000 | -2.0% | $179 / Sq Ft |
| 02/04/2024 02/04/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $495,000 | -- | $183 / 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 |
|---|---|---|---|---|
| 2024 | $3,846 | $347,577 | $108,613 | $238,964 |
| 2023 | $3,800 | $340,763 | $106,484 | $234,279 |
| 2022 | $3,740 | $334,083 | $104,397 | $229,686 |
| 2021 | $3,670 | $327,533 | $102,350 | $225,183 |
| 2020 | $3,659 | $324,176 | $101,301 | $222,875 |
| 2019 | $3,593 | $317,820 | $99,315 | $218,505 |
| 2018 | $3,527 | $311,589 | $97,368 | $214,221 |
| 2017 | $3,456 | $305,480 | $95,459 | $210,021 |
| 2016 | $3,154 | $299,491 | $93,588 | $205,903 |
| 2015 | $3,154 | $294,994 | $92,183 | $202,811 |
| 2014 | $3,078 | $289,217 | $90,378 | $198,839 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Stoner
Seller's Agent in 2024
Sandy Stoner
Century 21 Select Real Estate, Inc.
(530) 345-6618
1 in this area
64 Total Sales
-
Mike McCrady
M
Buyer's Agent in 2024
Mike McCrady
Michael McCrady, Broker
(530) 321-3726
1 in this area
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24022297
APN: 004-213-003-000
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