NOT LISTED FOR SALE

Estimated Value: $436,000 - $478,000

6 Beds
2 Baths
2,020 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2021

Last sale price $332,500 $165 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,762 / mo

11 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Parkview Elementary School Rated A-
  • Neighborhood Views
  • Living Room

About This Home

As of August 2021

Grab your tool belt! Great investment opportunity situated in Downtown Chico and just minutes away from Bidwell Park. This diamond in the rough has so much potential and gives you a chance to earn some sweat equity. Both units include 3 spacious bedrooms, 1 bathroom, a nicely sized kitchen and a living space where you can decompress and relax. Other amenities include ally access, a balcony for the upstairs unit, laundry, separate gas, water and electric meters and much more! With its awesome location to its potential rental income, all this duplex needs is a little love and care and it can become something great. Do not let this opportunity pass you by!

Last Agent to Sell the Property

Brandi Laffins

Re/Max of Chico License #01140900 Listed on: 06/30/2021

Re/Max of Chico

Last Buyer's Agent

Alisha Simpkins

Keller Williams Realty Chico Area License #01772692

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 1,742 Sq Ft Lot
  • No Common Walls
  • Wood Fence

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Carpet
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 7,8 / 5
  • Assessor Parcel Number 004396013000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $5
  • Insurance Expense $1,400
  • Maintenance Expense $5,561
  • Other Expense $385
  • Pest Control $385
  • Professional Management Expense $2,234
  • Operating Expense $9,585
  • Net Operating Income $19,575

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2234.00
  • Property Attached: No
  • View: Yes
  • Zoning: RD-1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 004396013000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 164.60
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Pest Control Expense: 385.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Electric Expense: 5.00
  • Gross Scheduled Income: 29160.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 1742.0000 Square Feet
  • Maintenance Expense: 5561.00
  • Net Operating Income: 19575.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Other Expense: 385.00
  • Rent Control: No
  • Total Expenses: 9585.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 10.00
  • Tax Lot: 7,8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Auer Toby Jordan
Bought by
Royal Creations Company Llc
Current Estimated Value
$464,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$58,883
Interest Rate
6.62%
Mortgage Type
Seller Take Back
Estimated Equity
$405,201

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 2, 2021
Sold by
Hale Koa Enterprises Llc
Bought by
Auer Ralph G and Auer Wendy M
Seller's Agent
Brandi Laffins
Re/Max of Chico
Buyer's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
List Price
$299,000
Sold Price
$332,500
Premium/Discount to List
$33,500
11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$282,625
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2020
Sold by
Bullard Tracy O and Knoche Jennifer L
Bought by
Hale Koa Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2020
Sold by
Hale Koa Enterprises Llc
Bought by
Bullard Tracy O and Knoche Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2004
Sold by
Castleberry R L and Castleberry Elen
Bought by
Anderson Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Quintero Jennifer Anne Orourke
Bought by
Castleberry R L

Purchase Details

Closed on
Jun 1, 2000
Sold by
Dubois John and Dubois Sherrie S
Bought by
Orourke Quintero Jennifer Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.27%
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
Royal Creations Company Llc $97,000 Pacific Coast Title
Auer Toby Jordan $89,500 Pacific Coast Title
Auer Ralph G $332,500 Fidelity Natl Ttl Co Of Ca
Hale Koa Enterprises Llc -- None Available
Bullard Tracy O -- Mid Valley T&E Co
Anderson Jeffrey $255,000 Mid Valley Title & Escrow Co
Castleberry R L $115,000 Mid Valley Title & Escrow Co
Orourke Quintero Jennifer Anne $85,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Creations Company Llc $60,000
Previous Owner Auer Ralph G $282,625
Previous Owner Bullard Tracy O $258,400
Previous Owner Anderson Jeffrey $204,000
Previous Owner Orourke Quintero Jennifer Anne $68,000
Closed Anderson Jeffrey $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $332,500 +11.2% $165 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $299,000 -- $148 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,828 $372,300 $163,200 $209,100
2024 $3,828 $345,933 $156,060 $189,873
2023 $3,783 $339,150 $153,000 $186,150
2022 $3,722 $332,500 $150,000 $182,500
2021 $3,848 $343,465 $123,768 $219,697
2020 $3,837 $339,944 $122,499 $217,445
2019 $3,767 $333,280 $120,098 $213,182
2018 $3,698 $326,746 $117,744 $209,002
2017 $3,507 $310,000 $100,000 $210,000
2016 $3,054 $290,000 $100,000 $190,000
2015 $2,727 $255,000 $95,000 $160,000
2014 $2,662 $250,000 $95,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21142150

California Regional Multiple Listing Service (CRMLS)

APN: 004-396-013-000

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