NOT LISTED FOR SALE

709 Pomona Ave Chico, CA 95928

5 Beds
2 Baths
1,532 Sq Ft
4,792 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $355,000 $232 Per Sq Ft

94 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Chico Junior High School Rated A-
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of December 2020

Great income property with two units. Rent both out or live in one and rent the other. Property has ceiling fans in every room, off street parking and close to University. 3 bedroom, 1 bath unit currently rents for $1300, while the 2 bedroom, 1 bath currently rents for $750. Front unit expected to be move out prior to 9/10/2020. Back unit is under active lease. Front unit has needed cosmetic repairs and expected to be finished after tenants move out.

Last Agent to Sell the Property

David Junco

City of Trees Realty License #01412310 Listed on: 08/17/2020

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Private Yard
  • Back Yard

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Electric Oven
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Natural Gas Connected
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, telephone, water
  • Tax Lot 22,23
  • Assessor Parcel Number 004500026000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $400
  • New Taxes Expense $4,703
  • Operating Expense $5,903
  • Gross Income $24,600
  • Net Operating Income $20,694

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R2
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 004500026000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 231.72
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Metal, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Gravel, Off Street, Private, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Water Heater Central
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air
  • 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, Yard
  • Lot Size Sq Ft: 4791.60
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Telephone, Water

Multi Family

  • Gross Income: 24600.00
  • Gross Scheduled Income: 24600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 0.1100 Acres
  • Net Operating Income: 20694.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3906.00
  • Rent Control: No
  • Total Expenses: 5903.00

Tax Info

  • New Taxes Expense: 4703.00
  • Tax Census Tract: 11.00
  • Tax Lot: 22,23

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $355,000 -6.3% $232 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/12/2020 11/12/20 Price Changed $379,000 -1.6% $247 / Sq Ft
11/11/2020 11/11/20 Price Changed $385,000 -3.5% $251 / Sq Ft
09/24/2020 09/24/20 Price Changed $399,000 -2.4% $260 / Sq Ft
08/17/2020 08/17/20 For Sale $409,000 +105.5% $267 / Sq Ft
07/01/2013 07/01/13 Sold $199,000 0.0% $130 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $199,000 -- $130 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20167630

California Regional Multiple Listing Service (CRMLS)