$250,000
SOLD FEB 28, 2025
3 Beds
1 Bath
1,232 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

98 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Back and Front Yard
  • Chico Junior High School Rated A-
  • Wall Furnace
  • 1-Story Property

About This Home

As of February 2025

In the heart of Chico’s bustling college community, this 3 bedroom, 1 bath home presents an excellent investment for those seeking reliable rental income, with prime access to both campus and downtown. Featuring spacious common living areas, a functional kitchen, attic storage, and a convenient laundry room, this home blends comfort with practicality. The private fenced backyard adds appeal, and the low-maintenance landscape ensures easy upkeep. With its desirable location this property is well-positioned to attract consistent rental demand and offer long-term success.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico Brokerage Phone: 530-896-9300 License #00813533 Listed on: 10/09/2024

Re/Max of Chico

Co-Listed By

Matt Depa

Capital Rivers Commercial Inc Brokerage Phone: 530-896-9300 License #01861484

Last Buyer's Agent

Cameron Butler-Camp

eXp Realty of Northern California, Inc License #01853740

eXp Realty of Northern California, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R3

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

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

Community Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Legal Lot and Block 3 / 102
  • Assessor Parcel Number 004277004000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 004277004000
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 202.92

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Gross Income: 1650.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 1022.00
  • Lot Size Area: 2178.0000 Square Feet
  • Net Operating Income: 15403.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 4397.00
  • Rent Control: Yes
  • Total Expenses: 4397.00

Tax Info

  • New Taxes Expense: 3375.00
  • Tax Block: 102
  • Tax Census Tract: 10.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Feb 27, 2025
Sold by
Richard And Kari Billson Revocable Trust and Billson Richard
Bought by
Mckay Tammy
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Cameron Butler-Camp
eXp Realty of Northern California, Inc
List Price
$250,000
Sold Price
$250,000
Views
160
Current Estimated Value
$277,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,559
Avg. Annual Appreciation
12.04%
Original Mortgage
$241,656
Outstanding Balance
$240,459
Interest Rate
7.04%
Mortgage Type
FHA
Estimated Equity
$37,100

Purchase Details

Closed on
Feb 24, 2000
Sold by
Cabrales Jose M and Cabrales Guillermina
Bought by
Billson Richard and Billson Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
8.16%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed $250,000 Fidelity National Title Compan
Grant Deed $80,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,656 FHA
Previous Owner $74,500 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $250,000 0.0% $203 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $250,000 0.0% $203 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
12/05/2024 12/05/24 Price Changed $250,000 0.0% $203 / Sq Ft
12/05/2024 12/05/24 For Sale $250,000 -7.4% $203 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $270,000 +4.2% $219 / Sq Ft
10/22/2024 10/22/24 Price Changed $259,000 -4.1% $210 / Sq Ft
10/09/2024 10/09/24 For Sale $270,000 -- $219 / 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 $1,365 $122,930 $61,465 $61,465
2024 $1,365 $120,520 $60,260 $60,260
2023 $1,350 $118,158 $59,079 $59,079
2022 $1,330 $115,842 $57,921 $57,921
2021 $1,302 $113,572 $56,786 $56,786
2020 $1,301 $112,408 $56,204 $56,204
2019 $1,280 $110,204 $55,102 $55,102
2018 $1,256 $108,044 $54,022 $54,022
2017 $1,227 $105,926 $52,963 $52,963
2016 $1,123 $103,850 $51,925 $51,925
2015 $1,122 $102,292 $51,146 $51,146
2014 $1,100 $100,290 $50,145 $50,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24200194

California Regional Multiple Listing Service (CRMLS)

APN: 004-277-004-000