NOT LISTED FOR SALE

Estimated Value: $429,013 - $527,000

2 Beds
1 Bath
924 Sq Ft
$517/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $400,000 $433 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,046/month

4 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property
  • Chico Junior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2022

A fantastic INVESTMENT opportunity! This nicely located Duplex is located close to California State University, Chico. Each unit features two bedrooms and one bath with a large kitchen and living room. Central air and heat. Property is managed by Entwood Property Management. It won't last long!

Last Agent to Sell the Property

Shari Arakelian

PMZ Real Estate License #01985945 Listed on: 11/10/2022

PMZ Real Estate

Last Buyer's Agent

Shari Arakelian

PMZ Real Estate License #01985945 Listed on: 11/10/2022

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,536

Year Built

  • Built in 1977

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 004272015000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,536

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1977
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Price Per Square Foot: 216.45

Exterior Features

  • Construction Materials: Wood
  • Foundation: Other
  • Listing Price: 480000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Security: Smoke Detector
  • Sewer: Other
  • Utilities: City, Other
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Chico Unified

Lot Info

  • Zoning Description: R3
  • Irrigation: None
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • 1 Bedroom Rent Range: 1,045

Tax Info

  • Assessor Parcel Number: 004272015000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Butte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Nov 21, 2022
Sold by
Georgia M Bennett Wells 2018 Separate Pr
Bought by
Campos Properties Limited Partnership
Seller's Agent
Shari Arakelian
PMZ Real Estate
Buyer's Agent
Shari Arakelian
PMZ Real Estate
List Price
$530,000
Sold Price
$400,000
Premium/Discount to List
-$130,000
-24.53%
Total Days on Market
4
Views
1
Current Estimated Value
$477,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,503
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Oct 18, 2018
Sold by
Wells Georgia Mae
Bought by
Bennett Wells Georgia M and The Georgia M Bennett Wells 2018 Separat

Purchase Details

Closed on
Jun 4, 2010
Sold by
Hendrix Jane L and The Jane L Hendrix 2004 Trust
Bought by
Hendrix Jane L and Wells Georgia Mae

Purchase Details

Closed on
Nov 11, 2004
Sold by
Hendrix Jane L
Bought by
Hendrix Jane L and The Jane L Hendrix 2004 Trust
Source: Public Records

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Range of Values:

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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
Campos Properties Limited Partnership $400,000 Mid Valley Title
Bennett Wells Georgia M -- None Available
Hendrix Jane L -- None Available
Hendrix Jane L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $400,000 -24.5% $433 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $530,000 -- $574 / Sq Ft
Source: MetroList

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
2024 $4,536 $408,000 $183,600 $224,400
2023 $4,483 $400,000 $180,000 $220,000
2022 $1,275 $110,981 $21,751 $89,230
2021 $1,248 $108,806 $21,325 $87,481
2020 $1,247 $107,691 $21,107 $86,584
2019 $1,227 $105,581 $20,694 $84,887
2018 $1,204 $103,512 $20,289 $83,223
2017 $1,176 $101,484 $19,892 $81,592
2016 $1,076 $99,495 $19,502 $79,993
2015 $1,075 $98,002 $19,210 $78,792
2014 $1,055 $96,083 $18,834 $77,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222140721

MetroList

APN: 004-272-015-000