NOT LISTED FOR SALE

Estimated Value: $248,000 - $300,000

3 Beds
1 Bath
1,232 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $250,000 $203 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,536/month

About This Home

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.

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
$273,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,208
Avg. Annual Appreciation
8.82%
Original Mortgage
$241,656
Outstanding Balance
$240,459
Interest Rate
7.04%
Mortgage Type
FHA
Estimated Equity
$32,749

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 Buyer Sale Price Title Company
Mckay Tammy $250,000 Fidelity National Title Compan
Billson Richard $80,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Tammy $241,656
Previous Owner Billson Richard $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $250,000 0.0% $203 / Sq Ft View Prior Sale
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

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

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