NOT LISTED FOR SALE

689 E 3rd Ave Chico, CA 95926

Estimated Value: $401,000 - $439,505

4 Beds
2 Baths
1,680 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $365,000 $217 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,533/month

8 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • 1 Car Garage
  • Neal Dow Elementary School Rated A-
  • Laundry Room
  • Back Yard

About This Home

As of January 2021

The perfect investment opportunity! Nestled in beautiful trees, this duplex is close to schools, shopping and just minutes away from Downtown Chico! Both homes give you 2 spacious bedrooms where you can stretch your legs and relax, a bathroom with a nicely sized shower and a vanity area that is perfect for getting ready in the morning. It also features a nicely sized kitchen and a spacious living space. That’s not all. Each home offers a private backyard where you can enjoy barbeques with friends and family and a nicely sized 1 car garage. With its awesome location to its potential rental income, you won’t want to miss this amazing opportunity! DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Brandi Laffins

Re/Max of Chico License #01140900 Listed on: 12/04/2020

Re/Max of Chico

Last Buyer's Agent

Shane Collins

Re/Max of Chico License #01738682

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Evaporated cooling system

Listing and Financial Details

  • Legal Lot and Block 16 / 11
  • Assessor Parcel Number 003452005000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: RZ
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 003452005000
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 217.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lot Size Area: 10890.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 7.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 15, 2021
Sold by
Sigler Gary F and Gary F Sigler Family Trust
Bought by
Browning Megan Rose and Spasbo Steven James
Seller's Agent
Brandi Laffins
Re/Max of Chico
Buyer's Agent
Shane Collins
Re/Max of Chico
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$416,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,168
Avg. Annual Appreciation
2.67%
Original Mortgage
$273,750
Outstanding Balance
$244,323
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$171,845

Purchase Details

Closed on
May 20, 2004
Sold by
Sigler Gary F
Bought by
Sigler Gary F

Purchase Details

Closed on
Apr 7, 2003
Sold by
Johnson Linda E and Grosscup Mary Lain
Bought by
Sigler Gary F

Purchase Details

Closed on
Jan 14, 2003
Sold by
Grosscup Mary Lain
Bought by
Grosscup Mary Lain

Purchase Details

Closed on
Apr 24, 2000
Sold by
Grey Charles M and Grey Patricia F
Bought by
Grosscup George C and Johnson Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Browning Megan Rose $365,000 Bidwell Title & Escrow Co
Sigler Gary F -- --
Sigler Gary F -- --
Sigler Gary F $245,000 Bidwell Title & Escrow Co
Johnson Linda E -- Bidwell Title & Escrow Co
Grosscup Mary Lain -- --
Grosscup George C $115,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Megan Rose $273,750
Previous Owner Grosscup George C $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $365,000 0.0% $217 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $365,000 -- $217 / 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 $4,285 $395,086 $162,364 $232,722
2024 $4,285 $387,340 $159,181 $228,159
2023 $4,234 $379,746 $156,060 $223,686
2022 $4,167 $372,300 $153,000 $219,300
2021 $3,884 $346,738 $140,485 $206,253
2020 $3,873 $343,184 $139,045 $204,139
2019 $3,803 $336,456 $136,319 $200,137
2018 $3,733 $329,860 $133,647 $196,213
2017 $3,658 $323,393 $131,027 $192,366
2016 $2,897 $275,000 $125,000 $150,000
2015 $2,621 $245,000 $125,000 $120,000
2014 $2,513 $236,000 $85,000 $151,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20251591

California Regional Multiple Listing Service (CRMLS)

APN: 003-452-005-000