$505,000
SOLD JAN 10, 2025

813 Netters Cir Chico, CA 95973

4 Beds
3 Baths
2,096 Sq Ft
0.31 Acres

Recently Sold

$241 Per Sq Ft

4% Below List Price

134 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Private Yard
  • Bidwell Junior High School Rated A-
  • Contemporary Architecture
  • Neighborhood Views

About This Home

As of January 2025

Great opportunity to own this well maintained duplex. Wonderfully placed on a wide tree-lined street in North Chico. The units are configured with one 2 bed/2 bath on one side and one 2 bed/1 bath on the otherside. Each unit has their own garage and large fenced yard. Great for an investment. Some recent improvements by the owner include newer flooring,Interior paint.and newer HVAC unit. The neighborhood has a HOA ($160 monthly) that maintains all the front yards which helps keep the appearance looking good. Currently both units are rented..

Last Agent to Sell the Property

Paul Champlin

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-828-2902 License #01436522 Listed on: 06/13/2024

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Marisa Bauer

Platinum Partners Real Estate License #01418223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,406

Year Built

  • Built in 1979

Lot Details

  • 0.31 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 20
  • Assessor Parcel Number 007380020000

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Morseman Village Association, Phone Number (530) 894-0404
  • Hignal & Hignal HOA

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,700
  • Other Expense $160
  • Trash Expense $540
  • Water Sewer Expense $480
  • Operating Expense $4,284
  • Gross Income $35,700
  • Net Operating Income $31,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,406

Year Built

Built in 1979

Lot Details

0

HOA Fees

$160 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 262500
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 480.00
  • Zoning: R2
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007380020000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 240.94
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 540.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: Morseman village
  • Phone: 530-894-0404
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Hignal & Hignal

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 35700.00
  • Gross Scheduled Income: 35700.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 31416.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4284.00
  • Other Expense: 160.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 2975.00
  • Total Expenses: 4284.00

Tax Info

  • Tax Census Tract: 2.01
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jan 6, 2025
Sold by
Roberts Family Trust and Roberts Philip A
Bought by
Joseph L And Brooke A Holt Revocable Trust and Holt
Seller's Agent
Paul Champlin
Century 21 Select Real Estate, Inc.
Buyer's Agent
Marisa Bauer
Platinum Partners Real Estate
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Views
19
Current Estimated Value
$509,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,859
Avg. Annual Appreciation
1.57%
Original Mortgage
$250,000
Outstanding Balance
$249,358
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$259,264

Purchase Details

Closed on
Jan 13, 2006
Sold by
Fleider Victoria June
Bought by
Roberts Philip A and Roberts Roberta

Purchase Details

Closed on
Mar 3, 2000
Sold by
Schutt Mark and Schutt Michele
Bought by
Fleider Victoria June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
3.95%
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 Type Sale Price Title Company
Grant Deed $505,000 Fidelity National Title Compan
Grant Deed $365,000 Mid Valley Title & Escrow Co
Grant Deed $139,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $185,000 Unknown
Previous Owner $150,500 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $108,000 Unknown
Previous Owner $111,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $505,000 -3.8% $241 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $525,000 -- $250 / 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 $5,406 $489,008 $227,756 $261,252
2023 $4,571 $410,000 $165,000 $245,000
2022 $4,331 $387,000 $165,000 $222,000
2021 $4,189 $374,000 $150,000 $224,000
2020 $3,961 $351,000 $140,000 $211,000
2019 $3,972 $351,000 $160,000 $191,000
2018 $3,458 $305,000 $130,000 $175,000
2017 $3,399 $300,000 $115,000 $185,000
2016 $2,902 $275,000 $115,000 $160,000
2015 $2,732 $255,000 $115,000 $140,000
2014 $2,626 $245,000 $90,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24121548

California Regional Multiple Listing Service (CRMLS)

APN: 007-380-020-000