NOT LISTED FOR SALE

801 Pomona Ave Chico, CA 95928

Estimated Value: $430,316 - $598,000

15 Beds
9 Baths
5,070 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $1,275,000 $251 Per Sq Ft

Current estimated payment $3,145/month

21 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Front Yard
  • Chico Junior High School Rated A-

About This Home

As of May 2022

AMAZING OPPORTUNITY to purchase 3 single family homes constructed as the ultimate westside student housing! These awesome properties feature an open kitchen, living & dining room space downstairs with 1 bedroom & full bath; venture upstairs to find 4 additional bedrooms with 2 additional full bathrooms and centrally located laundry facilities. Covered front porch, and gated back patio offer bonus outdoor living space. Established low maintenance landscaping & off street parking complete the package! All three currently leased until 5/31/2022 and 6/5/2022. PLEASE DO NOT DISTURB TENANTS. Sale includes 801/805/809 Pomona Ave.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/13/2022

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/13/2022

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 2002

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 5,070 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 004500074000

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $2,700
  • Insurance Expense $4,725
  • Trash Expense $1,043
  • Water Sewer Expense $2,816
  • New Taxes Expense $15,750
  • Operating Expense $27,034
  • Gross Income $7,650
  • Net Operating Income $66,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,898

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Price Per Unit: 466667
  • Property Attached: No
  • Water Sewer Expenses: 2816.00
  • Property Type: Residential Income
  • Gardener Expense: 2700.00
  • Parcel Number: 004500074000
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 251.48

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1043.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

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

Multi Family

  • Gross Income: 7650.00
  • Gross Scheduled Income: 93600.00
  • Insurance Expense: 4725.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 66569.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 27031.00
  • Other Income1: 1800.00
  • Other Income Description: RUBS CHARGES
  • Rent Control: Yes
  • Total Expenses: 27034.00

Tax Info

  • New Taxes Expense: 15750.00
  • Tax Census Tract: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
May 10, 2022
Sold by
Campos Properties Limited Partnership
Bought by
Karin Hakanson Trust
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$1,400,000
Sold Price
$1,275,000
Premium/Discount to List
-$125,000
-8.93%
Current Estimated Value
$502,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$772,671
Avg. Annual Appreciation
-25.85%
Original Mortgage
$318,750
Outstanding Balance
$303,722
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$177,195

Purchase Details

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

Range of Values:

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Average Value
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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
Karin Hakanson Trust $425,000 Mid Valley Title
Campos Properties Limited Partnership -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karin Hakanson Trust $318,750
Previous Owner Campos Properties $75,000
Previous Owner Campos Michael D $175,700
Previous Owner Campos Michael D $175,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $1,275,000 -8.9% $251 / Sq Ft
01/13/2022 01/13/22 For Sale $1,400,000 -- $276 / 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 $4,898 $451,013 $169,793 $281,220
2024 $4,898 $442,170 $166,464 $275,706
2023 $4,840 $433,500 $163,200 $270,300
2022 $2,443 $217,183 $26,122 $191,061
2021 $2,396 $212,925 $25,610 $187,315
2020 $2,390 $210,743 $25,348 $185,395
2019 $2,348 $206,611 $24,851 $181,760
2018 $2,303 $202,561 $24,364 $178,197
2017 $2,257 $198,590 $23,887 $174,703
2016 $2,061 $194,697 $23,419 $171,278
2015 $2,060 $191,774 $23,068 $168,706
2014 $2,013 $188,019 $22,617 $165,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22005933

California Regional Multiple Listing Service (CRMLS)

APN: 004-500-074-000