NOT LISTED FOR SALE

824 Alynn Way Unit A Chico, CA 95973

Estimated Value: $559,000 - $590,000

5 Beds
4 Baths
2,426 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $370,000 $153 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,564/month

9 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Wood Fence
  • Bidwell Junior High School Rated A-

About This Home

As of May 2017

This is a Morseman Village Duplex, great investment property of live in one side and rent the other. Side "A" is a 3 bedroom 2 bath & Side "B" is a 2 bedroom 2 bath, each unit has a 1 car garage, and it own private fenced backyard. This property has a monthly maintenance fee part of the Morseman Village Homeowners' Association. The seller states the roof was replaced in 2007. Side "B" has had the following updates:AC unit replaced 2012, Hot Water replaced in 2015, new flooring in living room, kitchen, dinning, hall, and bathrooms, windows have new blinds.

Last Agent to Sell the Property

Chris Martinez

Century 21 Select Real Estate, Inc. License #01514011 Listed on: 03/13/2017

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Annette Garten

LPT Realty License #01422820

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,426 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Conventional Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007320019000

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,656

Year Built

Built in 1978

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Other Phone Description: 530-680-4404
  • Property Attached: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 007320019000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 152.51

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Phone Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 130.00
  • Association Fee Frequency: Monthly
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 13068.00

Multi Family

  • Gross Scheduled Income: 28800.00
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 8, 2017
Sold by
Walker Diane J and The Betty J Dahlmeler Turst
Bought by
Reimers Andrew Gregor
Seller's Agent
Chris Martinez
Century 21 Select Real Estate, Inc.
Buyer's Agent
Annette Garten
LPT Realty
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$574,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,566
Avg. Annual Appreciation
5.39%
Original Mortgage
$314,500
Outstanding Balance
$261,832
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$312,734
Source: Public Records

Range of Values:

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Average Value
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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
Reimers Andrew Gregor $370,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reimers Andrew Gregor $314,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $370,000 -1.3% $153 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $375,000 -- $155 / 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 $4,656 $429,411 $150,874 $278,537
2024 $4,656 $420,992 $147,916 $273,076
2023 $4,601 $412,738 $145,016 $267,722
2022 $4,528 $404,646 $142,173 $262,473
2021 $4,442 $396,713 $139,386 $257,327
2020 $4,430 $392,646 $137,957 $254,689
2019 $4,355 $384,948 $135,252 $249,696
2018 $4,275 $377,400 $132,600 $244,800
2017 $2,150 $196,339 $57,114 $139,225
2016 $1,962 $192,491 $55,995 $136,496
2015 -- $189,600 $55,154 $134,446
2014 -- $185,887 $54,074 $131,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17051617

California Regional Multiple Listing Service (CRMLS)

APN: 007-320-019-000