NOT LISTED FOR SALE

Estimated Value: $253,000 - $328,000

3 Beds
1 Bath
880 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $290,000 $330 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,683/month

4 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace
  • Chico Junior High School Rated A-
  • Carpet
  • Back and Front Yard

About This Home

As of February 2024

Don't miss out on the chance to own a piece of Chico's charm, perfectly positioned for both convenience and profitability. Whether you're looking to invest or find a quaint home close to the excitement of Chico State campus and downtown, this 3-bedroom, 1-bath home nestled in the vibrant westside of downtown promises to be a delightful addition to your portfolio. Set on a generous lot, this property offers not just a cozy living space but also an extraordinary opportunity for expansion. The ample open space is ripe for the addition of an Accessory Dwelling Unit (ADU), unlocking the potential to significantly boost your income stream. CURRENTLY LEASED THROUGH MAY 2024-PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 02/16/2024

Re/Max of Chico

Last Buyer's Agent

Kelli Smyth

NextHome North Valley Realty License #01939578

NextHome North Valley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1901

Lot Details

  • 5,663 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R3

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

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

Community Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Legal Lot and Block 3,4 / 89
  • Assessor Parcel Number 004216007000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,386

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 285000
  • Property Attached: No
  • Water Sewer Expenses: 975.00
  • Zoning: R3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 004216007000
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 329.55

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 392.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 1575.00
  • Gross Scheduled Income: 18900.00
  • Insurance Expense: 681.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 13646.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 5254.00
  • Rent Control: Yes
  • Total Expenses: 5254.00

Tax Info

  • New Taxes Expense: 3206.00
  • Tax Block: 89
  • Tax Census Tract: 10.00
  • Tax Lot: 3,4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Feb 23, 2024
Sold by
Greminger Family Living Trust
Bought by
Reynolds Matt and Reynolds Leah
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Kelli Smyth
NextHome North Valley Realty
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Views
22
Current Estimated Value
$295,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,671
Avg. Annual Appreciation
4.06%
Original Mortgage
$285,000
Outstanding Balance
$280,786
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$28,039

Purchase Details

Closed on
Nov 8, 2007
Sold by
Mannion Edmund J and Mannion Phyllis A
Bought by
Mannion Edmund J and Mannion Phyllis A
Source: Public Records

Range of Values:

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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
Reynolds Matt $290,000 Mid Valley Title
Mannion Edmund J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Matt $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $290,000 +1.8% $330 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $285,000 -- $324 / 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 $1,386 $295,800 $168,300 $127,500
2024 $1,386 $122,349 $84,969 $37,380
2023 $1,370 $119,951 $83,303 $36,648
2022 $1,350 $117,600 $81,670 $35,930
2021 $1,321 $115,295 $80,069 $35,226
2020 $1,320 $114,113 $79,248 $34,865
2019 $1,299 $111,877 $77,695 $34,182
2018 $1,274 $109,684 $76,172 $33,512
2017 $1,245 $107,534 $74,679 $32,855
2016 $1,139 $105,426 $73,215 $32,211
2015 $1,138 $103,844 $72,116 $31,728
2014 $1,116 $101,811 $70,704 $31,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24032375

California Regional Multiple Listing Service (CRMLS)

APN: 004-216-007-000