NOT LISTED FOR SALE

726 Normal Ave Chico, CA 95928

South Campus Neighborhood

Estimated Value: $485,000 - $532,000

4 Beds
4 Baths
2,110 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $485,000 $230 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,025/month

3 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

About This Home

As of October 2021

WOW! Check out this darling 4 plex featuring one bedroom, 1 bath units. Awesome front porch and spacious communal backyard in a quiet neighborhood near CSUC.  On-site shared laundry room with washer/dryer.  Large yard could easily accommodate an additional unit or off-street parking. Call for more info today! PLEASE DO NOT DISTURB OCCUPANTS

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 08/13/2021

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 08/13/2021

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Back and Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 2,110 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 92
  • Assessor Parcel Number 004274008000

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Trash Expense $542
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,335
  • Operating Expense $9,777
  • Gross Income $3,035
  • Net Operating Income $27,843

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: RP
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 004274008000
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 229.86

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 542.00
  • 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: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 3035.00
  • Gross Scheduled Income: 37620.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 27843.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9777.00
  • Other Income1: 1200.00
  • Other Income Description: RUBS Charge
  • Rent Control: Yes
  • Total Expenses: 9777.00

Tax Info

  • New Taxes Expense: 5335.00
  • Tax Block: 92
  • Tax Census Tract: 10.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 8, 2021
Sold by
Renville Allen L and Renville Allen
Bought by
Renville Allen L and The Allen L Renville Revocable
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$489,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,492
Avg. Annual Appreciation
0.89%
Original Mortgage
$333,750
Outstanding Balance
$304,349
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,930

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 12, 2021
Sold by
Campos Properties Limited Partnership
Bought by
Renville Allen
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Outstanding Balance
$304,349
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,930

Purchase Details

Closed on
Dec 17, 2014
Sold by
Campos Michael D and Campos Nancy
Bought by
Campos Properties Limited Partnership

Purchase Details

Closed on
Dec 9, 2003
Sold by
Wayne A Cook Family Trust
Bought by
Campos Michael D

Purchase Details

Closed on
Nov 2, 1999
Sold by
Cook Wayne
Bought by
Cook Wayne A and Cook Carol H

Purchase Details

Closed on
Apr 19, 1999
Sold by
Keesling David M and Keesling Barbara J
Bought by
Cook Wayne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Renville Allen L -- None Available
Renville Allen $485,000 Mid Valley Title & Escrow Co
Campos Properties Limited Partnership -- None Available
Campos Michael D $325,000 Mid Valley Title & Escrow Co
Cook Wayne A -- Fidelity National Title
Cook Wayne $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renville Allen $333,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $485,000 0.0% $230 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $485,000 -- $230 / 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 $5,613 $514,562 $191,017 $323,545
2024 $5,613 $502,513 $187,272 $315,241
2023 $5,547 $494,660 $183,600 $311,060
2022 $5,461 $485,000 $180,000 $305,000
2021 $4,805 $426,252 $131,346 $294,906
2020 $4,794 $421,903 $130,000 $291,903
2019 $4,711 $413,670 $127,451 $286,219
2018 $4,624 $405,599 $124,952 $280,647
2017 $4,527 $397,686 $122,502 $275,184
2016 $3,422 $322,000 $130,000 $192,000
2015 $3,366 $312,000 $130,000 $182,000
2014 $2,559 $237,000 $130,000 $107,000
Source: Public Records

Agents Affiliated with this Home

  • Steven Depa

    Seller's Agent in 2021

    Steven Depa

    RE/MAX

    (530) 520-8672

    7 in this area

    131 Total Sales

    Steven Depa
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21177987

California Regional Multiple Listing Service (CRMLS)

APN: 004-274-008-000

California Butte County Chico 95928 South Campus

726 Normal Ave, Chico, CA

Not Listed for Sale

MultiFamily

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