NOT LISTED FOR SALE

703 Pomona Ave Chico, CA 95928

Chico Area

Estimated Value: $276,000 - $352,000

5 Beds
2 Baths
1,488 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2018

Last sale price $225,000 $151 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,033 / mo

Highlights

  • Wall Furnace
  • Chico Junior High School Rated A-
  • Back Yard

About This Home

As of November 2018

Great south campus location, property has great long term rental history. Floor plan works well, interior recently updated. Main house has newer roof and exterior paint. One bedroom and bath is contained in the detached cottage.

Last Agent to Sell the Property

Matt Depa

Capital Rivers Commercial Inc License #01861484 Listed on: 11/02/2018

Last Buyer's Agent

Matt Depa

Capital Rivers Commercial Inc License #01861484 Listed on: 11/02/2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Back Yard

Home Design

  • 1,488 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 004500027000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $621
  • Trash Expense $375
  • New Taxes Expense $2,350
  • Operating Expense $3,346
  • Gross Income $2,000
  • Net Operating Income $20,654

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 004500027000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 151.21

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 375.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4792.00

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 621.00
  • Net Operating Income: 20654.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3346.00
  • Rent Control: No
  • Total Expenses: 3346.00

Tax Info

  • New Taxes Expense: 2350.00
  • Tax Census Tract: 11.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Nov 5, 2018
Sold by
Schiff Randall J and Schiff Laura M
Bought by
Seller's Agent
Matt Depa
Capital Rivers Commercial Inc
Buyer's Agent
Matt Depa
Capital Rivers Commercial Inc
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$325,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,753
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Feb 19, 2014
Sold by
Schiff Randall J and Randall J Schiff Trust
Bought by
Randall J Schiff & Laura M Schiff Trust

Purchase Details

Closed on
Apr 27, 2009
Sold by
Clark Lloyd F and Clark Loretta F
Bought by
Schiff Randall J and Randall J Schiff Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
4.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2002
Sold by
Clark Lloyd F and Clark Loretta F
Bought by
Clark Lloyd F and Clark Loretta F
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 Mid Valley Title & Escrow Co
Randall J Schiff & Laura M Schiff Trust -- Mid Valley Title & Escrow Co
Schiff Randall J $140,000 Mid Valley Title & Escrow Co
Clark Lloyd F -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $132,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $225,000 -4.3% $151 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $235,000 -- $158 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,925 $256,006 $142,225 $113,781
2025 $2,735 $250,987 $139,437 $111,550
2024 $2,735 $246,066 $136,703 $109,363
2023 $2,702 $241,242 $134,023 $107,219
2022 $2,659 $236,513 $131,396 $105,117
2021 $2,608 $231,876 $128,820 $103,056
2020 $2,601 $229,500 $127,500 $102,000
2019 $2,555 $225,000 $125,000 $100,000
2018 $1,805 $158,440 $84,879 $73,561
2017 $1,769 $155,334 $83,215 $72,119
2016 $1,616 $152,289 $81,584 $70,705
2015 $1,615 $150,002 $80,359 $69,643
2014 $1,591 $147,064 $78,785 $68,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18264903

California Regional Multiple Listing Service (CRMLS)

APN: 004-500-027-000

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