NOT LISTED FOR SALE

Estimated Value: $381,000 - $489,000

3 Beds
2 Baths
1,549 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $400,000 $258 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,602/month

3 Days on Market

Highlights

  • Ranch Style House
  • Cooling System Mounted To A Wall/Window
  • Bike Trail
  • Chico Junior High School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of March 2022

Location Location Location! Close to downtown & Chico State. This adorable duplex is nestled in the heart of Chico. Property has 3-4 on site parking spaces. The Property is fully leased with tenants that would love to stay. Duplex is a 1/1 and 2/1. Call today to set up an appointment to view.

Last Agent to Sell the Property

Ashley Higginson

Parkway Real Estate Co. License #01434581 Listed on: 02/15/2022

Last Buyer's Agent

Morgan Hill

Hillside REC, Inc. License #02024538

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,549 Sq Ft Home
  • Ranch Style House
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Parking

  • Parking Available
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 120
  • Assessor Parcel Number 004261010000

Community Details

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $25,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 004261010000
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 258.23
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 25800.00
  • Gross Scheduled Income: 25800.00
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2150.00

Tax Info

  • Tax Block: 120
  • Tax Census Tract: 11.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 3, 2022
Sold by
Mario And Nanette Sagastume Family Trust
Bought by
Woodward Trace and Woodward Sheryl
Seller's Agent
Ashley Higginson
Parkway Real Estate Co.
Buyer's Agent
Morgan Hill
Hillside REC, Inc.
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Current Estimated Value
$423,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,958
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
Sep 25, 2013
Sold by
Sagastume Mario R and Sagastume Nanette
Bought by
Sagastume Mario R and Sagastume Nanette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woodward Trace $400,000 Mid Valley Title
Sagastume Mario R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $400,000 +6.7% $258 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $375,000 -- $242 / 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 $4,626 $424,482 $212,241 $212,241
2024 $4,626 $416,160 $208,080 $208,080
2023 $4,572 $408,000 $204,000 $204,000
2022 $1,733 $151,939 $67,695 $84,244
2021 $1,697 $148,961 $66,368 $82,593
2020 $1,694 $147,435 $65,688 $81,747
2019 $1,667 $144,545 $64,400 $80,145
2018 $1,635 $141,712 $63,138 $78,574
2017 $1,598 $138,934 $61,900 $77,034
2016 $1,462 $136,211 $60,687 $75,524
2015 $1,461 $134,166 $59,776 $74,390
2014 $1,431 $131,539 $58,606 $72,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22030012

California Regional Multiple Listing Service (CRMLS)

APN: 004-261-010-000