NOT LISTED FOR SALE

6 Plaza Way Chico, CA 95926

Estimated Value: $483,108 - $496,000

5 Beds
3 Baths
2,130 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $420,000 $197 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,974/month

124 Days on Market

Highlights

  • Contemporary Architecture
  • Fireplace
  • Laundry Room
  • Bidwell Junior High School Rated A-
  • Living Room
  • Central Heating and Cooling System

About This Home

As of September 2020

This property is a duplex located in a conforming neighborhood in Chico. It is across the street from North Valley Plaza Mall. Close to shopping and groceries. The back unit is a three bedroom, 2 bath with a small yard. The front unit is a 2 bedroom, 1 bath with a larger side yard and patio. Fencing is provided for privacy. Parking is adequate. A fireplace in the back unit has been closed off from use.

Last Agent to Sell the Property

Linda Almlie

Linda Almlie Real Estate License #00635297 Listed on: 04/23/2020

Last Buyer's Agent

gursewak singh

Century 21 Select Real Estate, Inc. License #01950769

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 11
  • Assessor Parcel Number 007280005000

Community Details

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Trash Expense $320
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,750
  • Operating Expense $6,770
  • Gross Income $29,940
  • Net Operating Income $24,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Zoning: R2
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007280005000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 197.18
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Conventional Septic
  • Trash Expense: 320.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinkler System
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 29940.00
  • Gross Operating Income: 29940.00
  • Gross Scheduled Income: 29940.00
  • Insurance Expense: 500.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5940.00
  • Rent Control: Yes
  • Total Actual Rent: 2496.00
  • Total Expenses: 6770.00

Tax Info

  • New Taxes Expense: 4750.00
  • Tax Census Tract: 2.02
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Sep 10, 2020
Sold by
Batchley Brain and Batchley Rita A
Bought by
Deniz Erin D and Erin D Deniz Revocable Trust
Seller's Agent
Linda Almlie
Linda Almlie Real Estate
Buyer's Agent
gursewak singh
Century 21 Select Real Estate, Inc.
List Price
$446,000
Sold Price
$420,000
Premium/Discount to List
-$26,000
-5.83%
Current Estimated Value
$487,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,703
Avg. Annual Appreciation
2.87%

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jan 8, 2019
Sold by
Chico Properties
Bought by
Batchley Brian and Batchley Rita A
Seller's Agent
Linda Almlie
Linda Almlie Real Estate
Buyer's Agent
Kandice Rickson
Re/Max Home and Investment
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$285,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Johnson Ann Williamson and Ann Williamson Johnson Family
Bought by
Chico Properties

Purchase Details

Closed on
Feb 16, 2012
Sold by
Johnson Ann Williamson
Bought by
Johnson Ann Williamson and Ann Williamson Johnson Family Trust

Purchase Details

Closed on
Dec 20, 2011
Sold by
Johnson Ann Williamson and The G Gordon Williamson Exempt
Bought by
Williamson James P and Johnson Ann Williamson

Purchase Details

Closed on
Aug 17, 2000
Sold by
Williamson Margaret K
Bought by
Williamson Margaret K and The Peg Williamson Family Trust
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
Deniz Erin D $420,000 Bidwell Title And Escrow Co
Batchley Brian $380,000 Mid Valley Title & Escrow Co
Chico Properties -- None Available
Johnson Ann Williamson -- None Available
Williamson James P -- None Available
Williamson James P -- None Available
Williamson Margaret K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batchley Brian $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $420,000 -1.8% $197 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $427,500 -1.7% $201 / Sq Ft
07/24/2020 07/24/20 Price Changed $435,000 -1.1% $204 / Sq Ft
06/23/2020 06/23/20 Price Changed $439,999 -1.3% $207 / Sq Ft
05/14/2020 05/14/20 For Sale $446,000 0.0% $209 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $446,000 +17.4% $209 / Sq Ft
01/10/2019 01/10/19 Sold $380,000 0.0% $178 / Sq Ft View Prior Sale
11/28/2018 11/28/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $380,000 -- $178 / 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 $4,929 $454,620 $162,364 $292,256
2024 $4,929 $445,707 $159,181 $286,526
2023 $4,870 $436,968 $156,060 $280,908
2022 $4,793 $428,400 $153,000 $275,400
2021 $4,703 $420,000 $150,000 $270,000
2020 $4,373 $387,600 $153,000 $234,600
2019 $1,586 $139,750 $37,470 $102,280
2018 $1,557 $137,011 $36,736 $100,275
2017 $1,525 $134,325 $36,016 $98,309
2016 $1,392 $131,692 $35,310 $96,382
2015 $1,392 $129,715 $34,780 $94,935
2014 $1,371 $127,175 $34,099 $93,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20078666

California Regional Multiple Listing Service (CRMLS)

APN: 007-280-005-000