M
Seller's Agent in 2019
Mike McCrady
Michael McCrady, Broker
(530) 321-3726
1 in this area
30 Total Sales
647 W 8th St Chico, CA 95928
South Campus NeighborhoodEstimated Value: $472,000 - $513,000
3
Beds
1
Bath
2,500
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Laundry Room
- Chico Junior High School Rated A-
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
As of December 2019Nice duplex located 5 blocks from Chico State in the South Campus neighborhood. Always rented with huge tenant demand. Property features private yard plus off-street parking. Upstairs unit has 3 bedrooms 1 bath, and the downstairs unit has 3 bedrooms 1 bath. Each unit has its own laundry hookups. Gross monthly rents are $3,250. Monthly operating expenses are low. See associated documents for cash flow spreadsheet.
Last Agent to Sell the Property
Michael McCrady, Broker License #01234296 Listed on: 08/01/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,943
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Home Design
- Property Attached
Interior Spaces
- 2,500 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 7,8 / 101
- Assessor Parcel Number 004276001000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,648
- Trash Expense $480
- Water Sewer Expense $480
- New Taxes Expense $4,829
- Operating Expense $9,027
- Gross Income $29,973
- Net Operating Income $29,973
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2019 12/20/19 | Sold | $415,000 | -5.5% | $166 / Sq Ft |
| 11/16/2019 11/16/19 | Pending | -- | -- | -- |
| 08/01/2019 08/01/19 | For Sale | $439,000 | -- | $176 / 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 |
|---|---|---|---|---|
| 2025 | $4,943 | $453,859 | $246,068 | $207,791 |
| 2024 | $4,943 | $444,961 | $241,244 | $203,717 |
| 2023 | $4,886 | $436,237 | $236,514 | $199,723 |
| 2022 | $4,811 | $427,684 | $231,877 | $195,807 |
| 2021 | $4,717 | $419,299 | $227,331 | $191,968 |
| 2020 | $4,706 | $415,000 | $225,000 | $190,000 |
| 2019 | $4,026 | $353,807 | $136,086 | $217,721 |
| 2018 | $3,951 | $346,870 | $133,418 | $213,452 |
| 2017 | $3,868 | $340,069 | $130,802 | $209,267 |
| 2016 | $3,532 | $333,402 | $128,238 | $205,164 |
Source: Public Records
Agents Affiliated with this Home
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Buyer's Agent in 2019
Kelli Smyth
NextHome North Valley Realty
(530) 864-6810
3 in this area
160 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN19182727
APN: 004-276-001-000
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