Seller's Agent in 2022
Steven Depa
RE/MAX
(530) 520-8672
110 Total Sales
817 Rio Chico Way Chico, CA 95928
Chico AreaEstimated Value: $567,000 - $805,851
7
Beds
4
Baths
2,150
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Wall Furnace
- Chico Junior High School Rated A-
- Front Yard
About This Home
As of November 2022INVESTMENT OPPORTUNITY! If you’ve ever dreamt about owning a solid income producing asset on CSU, Chico’s doorstep— here is your opportunity to own four rental units! This property features (3) 2 bedroom/1 bath units, with an additional 1 bedroom/1 bath unit; each with their own unique charm, updated kitchens & baths, and in unit laundry. Alley offers ample off-street parking, and the proximity to campus, WREC center & all our beautiful downtown has to offer couldn’t be better. TENANT OCCUPIED & LEASED until May 2023. PLEASE DO NOT DISTURB TENANTS.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 7,405 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- 2,150 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 004021007000
Community Details
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,586
- Trash Expense $644
- Water Sewer Expense $1,702
- New Taxes Expense $8,904
- Operating Expense $12,836
- Gross Income $5,280
- Net Operating Income $50,524
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2022
Closed on
Oct 19, 2022
Sold by
Edelman Properties Llc
Bought by
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,787
Avg. Annual Appreciation
-2.86%
Original Mortgage
$497,250
Outstanding Balance
$475,755
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$217,458
Purchase Details
Closed on
Apr 1, 2011
Sold by
Edelman Samuel M and Edelman Carol F
Bought by
Edelman Properties Llc
Purchase Details
Closed on
Apr 10, 2007
Sold by
Edelman Samuel M and Edelman Carol F
Bought by
Edelman Samuel M and Edelman Carol F
Purchase Details
Closed on
Aug 5, 2002
Sold by
Chapla Peter David and Chapla Linda Dean
Bought by
Edelman Samuel M and Edelman Carol F S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.51%
Purchase Details
Closed on
Nov 25, 1997
Sold by
Bassler William G and Bassler Mona
Bought by
Chapla Peter David and Chapla Linda Dean
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $775,000 | Mid Valley Title | ||
| Edelman Properties Llc | -- | None Available | |
| Edelman Samuel M | -- | None Available | |
| Edelman Samuel M | $310,000 | Mid Valley Title & Escrow Co | |
| Chapla Peter David | $133,000 | Mid Valley Title & Escrow Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $497,250 | ||
| Previous Owner | Edelman Samuel M | $372,711 | |
| Previous Owner | Edelman Carol F S | $369,750 | |
| Previous Owner | Edelman Samuel M | $232,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/02/2022 11/02/22 | Sold | $775,000 | -2.5% | $360 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $795,000 | -- | $370 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,311 | $822,282 | $233,465 | $588,817 |
| 2025 | $8,743 | $806,209 | $228,888 | $577,321 |
| 2024 | $8,743 | $787,950 | $224,400 | $563,550 |
| 2023 | $8,640 | $775,000 | $220,000 | $555,000 |
| 2022 | $4,723 | $421,244 | $184,239 | $237,005 |
| 2021 | $4,636 | $413,083 | $180,627 | $232,456 |
| 2020 | $4,623 | $408,899 | $178,775 | $230,124 |
| 2019 | $4,541 | $400,980 | $175,270 | $225,710 |
| 2018 | $4,459 | $393,217 | $171,834 | $221,383 |
| 2017 | $4,369 | $385,606 | $168,465 | $217,141 |
| 2016 | $3,989 | $378,144 | $165,162 | $212,982 |
| 2015 | $3,989 | $372,540 | $162,682 | $209,858 |
| 2014 | $3,894 | $365,342 | $159,496 | $205,846 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN22163572
APN: 004-021-007-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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