NOT LISTED FOR SALE

571 Morgan Dr Chico, CA 95973

Chico Area

Estimated Value: $950,146

12 Beds
8 Baths
4,695 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2016

Last sale price $677,000 $144 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,176 / mo

2 Days on Market

Highlights

  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • Back Yard
  • Bidwell Junior High School Rated A-

About This Home

As of April 2016

Newer 4-plex with all units have garages, private yards, 3 bedroom and 2 bath.

Last Agent to Sell the Property

Alice Zeissler

Century 21 Select Real Estate, Inc. License #01312354 Listed on: 03/07/2016

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Traci Cooper

eXp Realty of California, Inc. License #01952704

eXp Realty of California, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 16,553 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,695 Sq Ft Home
  • Double Pane Windows
  • Laundry in Garage

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 007220045000

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Water Sewer Expense $2,820
  • New Taxes Expense $7,965
  • Gross Income $4,270
  • Net Operating Income $41,265

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0.38 Acres

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2820.00
  • Property Type: Residential Income
  • Parcel Number: 007220045000
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 144.20
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 16553.00
  • Price Per Lot Square Foot: 40.90
  • Lot Size Acres: 0.3800

Multi Family

  • Gross Income: 4270.00
  • Gross Scheduled Income: 51240.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 16553.0000 Square Feet
  • Net Operating Income: 41265.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9975.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7965.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
Peterson John C and Peterson Jon C
Bought by
Current Estimated Value
$950,146

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 11, 2016
Sold by
Martinez Raul and Martinez Celia
Bought by
Peterson Janet and Peterson Jon C
Seller's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
Buyer's Agent
Traci Cooper
eXp Realty of California, Inc.
List Price
$675,000
Sold Price
$677,000
Premium/Discount to List
$2,000
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$367,000
Outstanding Balance
$136,483
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$813,663

Purchase Details

Closed on
Sep 27, 2012
Sold by
Martinez Raul and Martinez Celia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2006
Sold by
Thomas Kevin B and Robertson Glen E
Bought by
Martinez Raul and Martinez Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2005
Sold by
Thomas Lisa A
Bought by
Thomas Kevin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.63%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 10, 2005
Sold by
Linkside Place Inc
Bought by
Thomas Kevin B and Thomas Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
5.63%
Mortgage Type
Construction
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Peterson Janet $677,000 Bidwell Title & Escrow Co
Federal National Mortgage Association $587,695 Accommodation
Martinez Raul $740,000 Mid Valley Title & Escrow Co
Thomas Kevin B -- Mid Valley Title & Escrow Co
Thomas Kevin B $215,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $367,000
Previous Owner Martinez Raul $592,000
Previous Owner Thomas Kevin B $517,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $677,000 +0.3% $144 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $675,000 -- $144 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,728 $816,621 $181,117 $635,504
2025 $9,173 $800,688 $177,566 $623,122
2024 $9,173 $781,068 $174,085 $606,983
2023 $9,021 $769,754 $170,672 $599,082
2022 $8,759 $754,740 $167,326 $587,414
2021 $8,698 $740,021 $164,046 $575,975
2020 $8,676 $732,475 $162,364 $570,111
2019 $8,519 $718,192 $159,181 $559,011
2018 $8,335 $704,189 $156,060 $548,129
2017 $8,137 $690,460 $153,000 $537,460
2016 $5,650 $509,713 $104,023 $405,690
2015 $5,651 $502,058 $102,461 $399,597
2014 $5,578 $492,224 $100,454 $391,770
Source: Public Records

Agents Affiliated with this Home

  • Alice Zeissler Real Estate Agent - Century 21 Select Real Estate, Inc.

    Seller's Agent in 2016

    Alice Zeissler

    Century 21 Select Real Estate, Inc.

    (530) 518-1872

    148 Total Sales

    Alice Zeissler
    Section Image
  • Traci Cooper Real Estate Agent - eXp Realty of California, Inc.

    Buyer's Agent in 2016

    Traci Cooper

    eXp Realty of California, Inc.

    (530) 520-0227

    114 Total Sales

    Traci Cooper
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16047482

California Regional Multiple Listing Service (CRMLS)

APN: 007-220-045-000

California Butte County Chico 95973

571 Morgan Dr, Chico, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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