NOT LISTED FOR SALE

Estimated Value: $482,211 - $577,000

8 Beds
4 Baths
3,090 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $339,000 $110 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,344/month

8 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Carpet
  • Chico Junior High School Rated A-
  • Forced Air Heating and Cooling System
  • Front Yard

About This Home

As of December 2015

Great opportunity to purchase a well taken care of duplex. Each unit has 4 bedrooms and two baths, has a newer roof, recently painted, forced heat and air and currently rented. Call for appointment today.

Last Agent to Sell the Property

Mike Daly

Re/Max of Chico License #01500085 Listed on: 10/29/2015

Re/Max of Chico

Last Buyer's Agent

Mike Daly

Re/Max of Chico License #01500085 Listed on: 10/29/2015

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,360

Year Built

  • Built in 1966

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,090 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Free-Standing Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace

Community Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $76
  • Pest Control $30
  • Trash Expense $43
  • Water Sewer Expense $125
  • Gross Income $2,225
  • Net Operating Income $23,412

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 043180038000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,360

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 125.00
  • Property Type: Residential Income
  • Parcel Number: 043180038000
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 109.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Free-Standing Range
  • Heating Type: Central, Electric, Forced Air, Natural Gas, Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Pest Control Expense: 30.00
  • Trash Expense: 43.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 40.96
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2225.00
  • Gross Scheduled Income: 26700.00
  • Insurance Expense: 76.00
  • Lot Size Area: 0.1900 Acres
  • Net Operating Income: 23412.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 1
  • Operating Expense: 3288.00
  • Rent Control: No
  • Total Actual Rent: 2225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Anderson Bruce and Anderson Jennifer
Bought by
Anderson Bruce and Anderson Jennifer
Total Days on Market
8
Current Estimated Value
$533,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2015
Closed on
Dec 16, 2015
Sold by
Turri David John Estel and Turri Teresa Renee
Bought by
Anderson Trust
Seller's Agent
Mike Daly
Re/Max of Chico
Buyer's Agent
Mike Daly
Re/Max of Chico
List Price
$349,900
Sold Price
$339,000
Premium/Discount to List
-$10,900
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$254,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Mcpherson Mike and Carroll Charles M
Bought by
Turri David John Estel and Turri Teresa Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Anderson Bruce -- None Available
Anderson Trust $339,000 Bidwell Title & Escrow Co
Turri David John Estel -- Mid Valley Title & Escrow Co
Mcpherson Mike -- Mid Valley Title & Escrow Co
Carroll Charles M -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Bruce $277,000
Closed Anderson Bruce $280,000
Closed Anderson Trust $254,000
Previous Owner Turri David John Estel $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $339,000 -3.1% $110 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $349,900 -- $113 / 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
2024 $4,360 $393,432 $150,874 $242,558
2023 $4,308 $385,718 $147,916 $237,802
2022 $4,240 $378,156 $145,016 $233,140
2021 $4,160 $370,742 $142,173 $228,569
2020 $4,149 $366,942 $140,716 $226,226
2019 $4,074 $359,748 $137,957 $221,791
2018 $3,999 $352,695 $135,252 $217,443
2017 $3,934 $345,780 $132,600 $213,180
2016 $3,593 $339,000 $130,000 $209,000
2015 $4,268 $205,000 $85,000 $120,000
2014 $3,511 $205,000 $85,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15237945

California Regional Multiple Listing Service (CRMLS)

APN: 043-180-038-000