NOT LISTED FOR SALE

Estimated Value: $425,000 - $509,000

4 Beds
2 Baths
1,157 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $467,000 $404 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,903/month

52 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Back and Front Yard
  • Chico Junior High School Rated A-
  • Wall Furnace
  • 1-Story Property

About This Home

As of November 2022

INVESTMENT OPPORTUNITY! Amazing front porch, private backyard, and just a short stroll to CSU, Chico— this is a student housing gem! This 4 bedroom, 2 bathroom house offers a spacious living area, updated kitchen with granite countertops & tile floors, and onsite laundry. Residents will love the convenience of walking & biking downtown to local pubs, or cruising to Bidwell Park for a swim at 1 mile! TENANT OCCUPIED & LEASED until May 2023. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 07/27/2022

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 07/27/2022

Re/Max of Chico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 1999

Lot Details

  • 3,920 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R3

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Legal Lot and Block 4 / 71
  • Assessor Parcel Number 004121013000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,267

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 495000
  • Property Attached: No
  • Zoning: R3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 004121013000
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 403.63

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1586.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 32066.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 7534.00
  • Rent Control: Yes
  • Total Expenses: 7534.00

Tax Info

  • New Taxes Expense: 5588.00
  • Tax Block: 71
  • Tax Census Tract: 10.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Nov 30, 2022
Sold by
Erb Craig
Bought by
Eres 2 Llc
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$495,000
Sold Price
$467,000
Premium/Discount to List
-$28,000
-5.66%
Views
10
Current Estimated Value
$464,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,398
Avg. Annual Appreciation
0.36%
Original Mortgage
$350,250
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2022
Closed on
Oct 19, 2022
Sold by
Edelman Properties Llc
Bought by
Erb Craig and Kapoor Rohit
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$495,000
Sold Price
$467,000
Premium/Discount to List
-$28,000
-5.66%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Edelman Samuel M and Edelman Carol F
Bought by
Edelman Properties Llc

Purchase Details

Closed on
Apr 10, 2007
Sold by
Edelman Samuel M and Edelman Carol F
Bought by
Edelman Samuel M and Edelman Carol F
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
Eres 2 Llc -- --
Erb Craig $467,000 Mid Valley Title
Edelman Properties Llc -- None Available
Edelman Samuel M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erb Craig $350,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $467,000 -5.7% $404 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $495,000 -- $428 / 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 $5,267 $485,866 $208,080 $277,786
2024 $5,267 $476,340 $204,000 $272,340
2023 $5,205 $467,000 $200,000 $267,000
2022 $1,518 $135,033 $39,032 $96,001
2021 $1,490 $132,386 $38,267 $94,119
2020 $1,486 $131,029 $37,875 $93,154
2019 $1,459 $128,461 $37,133 $91,328
2018 $1,432 $125,943 $36,405 $89,538
2017 $1,403 $123,475 $35,692 $87,783
2016 $1,281 $121,055 $34,993 $86,062
2015 $1,281 $119,238 $34,468 $84,770
2014 $1,250 $116,903 $33,793 $83,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22163573

California Regional Multiple Listing Service (CRMLS)

APN: 004-121-013-000