NOT LISTED FOR SALE

70 Jillian Ln Chico, CA 95973

Estimated Value: $498,622 - $572,000

6 Beds
4 Baths
2,392 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $320,000 $134 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,156/month

About This Home

As of July 2013

Clean newer duplex in a nice quiet area. Units are 3 bedroom, 2 bath townhouse-style. Each with its own 1 car garage and private yard. Professionally managed, great rental history and potential upside to income based on other similar units in the area. A solid and smart investment opportunity.

Last Agent to Sell the Property

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 05/09/2013

Re/Max of Chico

Last Buyer's Agent

Craig Brandol

Re/Max of Chico License #01198341

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 2002

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 2,392 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 007570038000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 007570038000
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 133.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Storm Drains, Urban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 1975.00
  • Gross Scheduled Income: 23940.00
  • Lot Size Area: 7405.0000 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

  • Taxes Percent: 1.25
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2013
Sold by
Zanolini Gary Allen and Zanolini Nancy Linda
Bought by
Zanolini Gary Allen and Zanolini Nancy Linda
Current Estimated Value
$530,406

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 2, 2013
Sold by
Austin Kevin R and Austin Kay
Bought by
Zanolini Gary A and Zanolini Nancy L
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Craig Brandol
Re/Max of Chico
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$240,000
Outstanding Balance
$174,684
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$395,294
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zanolini Gary Allen -- None Available
Zanolini Gary Allen -- None Available
Zanolini Gary A $320,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zanolini Gary A $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $320,000 -1.5% $134 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $325,000 -- $136 / 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 $4,254 $392,265 $122,581 $269,684
2024 $4,254 $384,575 $120,178 $264,397
2023 $4,204 $377,035 $117,822 $259,213
2022 $4,137 $369,643 $115,512 $254,131
2021 $4,059 $362,397 $113,248 $249,149
2020 $4,048 $358,682 $112,087 $246,595
2019 $3,974 $351,650 $109,890 $241,760
2018 $3,901 $344,756 $107,736 $237,020
2017 $3,822 $337,997 $105,624 $232,373
2016 $3,488 $331,370 $103,553 $227,817
2015 $3,488 $326,393 $101,998 $224,395
2014 $3,404 $320,000 $100,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13085967

California Regional Multiple Listing Service (CRMLS)

APN: 007-570-038-000