NOT LISTED FOR SALE

5607 Jewell Rd Paradise, CA 95969

Estimated Value: $442,000 - $559,000

4 Beds
4 Baths
2,700 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $210,000 $78 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,080/month

226 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Foothills

About This Home

As of July 2014

4 one bed rm units with carport & cabinets for each unit. Lower Paradise just off Skyway. 10 min. to Chico. fully occupied, 2 units at $500/ mo and 2 at $550.

Last Agent to Sell the Property

Bob Jeffords

Johnson Real Estate License #01302787 Listed on: 10/10/2013

Last Buyer's Agent

Lori Lambert

Keller Williams Realty Chico Area License #01866093

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 1952

Lot Details

  • 0.47 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,700 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Parking

  • 9 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 052250002000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $372
  • Water Sewer Expense $540
  • New Taxes Expense $2,400
  • Gross Income $2,100
  • Net Operating Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,981

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 540.00
  • Property Type: Residential Income
  • Parcel Number: 052250002000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 77.78

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Shared Septic
  • Trash Expense: 372.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Foothills

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20473.00
  • Lot Size Acres: 0.4700

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 0.4700 Acres
  • Net Operating Income: 18900.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6300.00
  • Rent Control: No
  • Total Actual Rent: 2100.00

Tax Info

  • New Taxes Expense: 2400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Menesini Andrew T
Bought by
Menesini Family Trust and Menesini
Current Estimated Value
$517,333

Purchase Details

Closed on
Aug 23, 2017
Sold by
Atkin Cory W
Bought by
Menesini Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2013
Closed on
Jun 26, 2014
Sold by
Duncan Larry R and Duncan Shirley
Bought by
Atkin Cory W
Seller's Agent
Bob Jeffords
Johnson Real Estate
Buyer's Agent
Lori Lambert
Keller Williams Realty Chico Area
List Price
$235,000
Sold Price
$210,000
Premium/Discount to List
-$25,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$206,196
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2012
Sold by
Garcia Francisco R and Rivera Martin
Bought by
Duncan Larry R and Duncan Shirley

Purchase Details

Closed on
Jun 1, 2007
Sold by
Garcia Francisco R and Rivera Martin
Bought by
Garcia Francisco R and Rivera Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 2007
Sold by
Rivera Adriana
Bought by
Rivera Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back
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
Menesini Family Trust -- None Listed On Document
Menesini Andrew T $255,000 Mid Valley Title & Escrow Co
Atkin Cory W $210,000 Fidelity National Title Co
Duncan Larry R $267,375 Mid Valley Title & Escrow Co
Garcia Francisco R -- None Available
Rivera Martin -- Fidelity Natl Title Co Of Ca
Garcia Francisco R -- Fidelity Natl Title Co Of Ca
Garcia Francisco R $305,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menesini Andrew T $191,250
Previous Owner Atkin Cory W $206,196
Previous Owner Garcia Francisco R $290,000
Previous Owner Duncan Larry R $77,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $210,000 -10.6% $78 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
10/10/2013 10/10/13 For Sale $235,000 -- $87 / 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 $2,981 $278,763 $91,023 $187,740
2024 $2,981 $273,298 $89,239 $184,059
2023 $2,960 $267,940 $87,490 $180,450
2022 $2,905 $262,687 $85,775 $176,912
2021 $2,096 $172,500 $84,094 $88,406
2020 $308 $25,000 $25,000 $0
2019 $308 $25,000 $25,000 $0
2018 $2,721 $255,000 $80,000 $175,000
2017 $2,340 $217,465 $62,133 $155,332
2016 $2,255 $213,202 $60,915 $152,287
2015 $2,220 $210,000 $60,000 $150,000
2014 $2,124 $200,000 $75,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA13207636

California Regional Multiple Listing Service (CRMLS)

APN: 052-250-002-000