J
Seller's Agent in 2020
Jeanne Smith
Parkway Real Estate Co.
Estimated Value: $587,000 - $652,000
6
Beds
3
Baths
2,480
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Dual Staircase
- Creek or Stream View
- Wood Flooring
- Chico Junior High School Rated A-
- Craftsman Architecture
- No HOA
About This Home
As of June 2020Very desirable location! This charming three unit home is in a neighborhood where very few of these properties ever reach the open market as the strong local buyers/property owners vie for the few available properties. The CSUC campus is located immediately North and East of the property with "downtown" facilities within 2-4 blocks (walking and bicycle distance) as this area is the most popular with college age tenants due to the proximity of the University as well as the appealing eclectic mix of dwellings most of which are of historical significance and fairly well maintained. A 2019 appraisal states, "The existing residence in "as is" condition is highly marketable and located in a 100% college rental neighborhood. There were many items of postponed or deferred maintenance noted, however, there was no evidence of internal/external depreciation. This dwelling is said to have been the personal residence of the first president of the "Chico Normal School" now known as California State University-Chico CSUC-Chico." There is a full basement with half concrete, half dirt flooring. Plenty of off-street parking in rear ally. This is definitely a rare opportunity to own a piece of Chico's history!
Last Agent to Sell the Property
Jeanne Smith
Parkway Real Estate Co. License #01796426 Listed on: 05/21/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $954
Year Built
- Built in 1905
Lot Details
- 7,405 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Wood Fence
- Wire Fence
- Fence is in average condition
- Front Yard
Parking
- 8 Open Parking Spaces
- 8 Car Garage
- Parking Available
- Brick Driveway
- Off-Street Parking
Home Design
- Triplex
- Craftsman Architecture
- Cosmetic Repairs Needed
- Combination Foundation
- Raised Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2,480 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Double Pane Windows
- Wood Frame Window
- Casement Windows
- Window Screens
- Living Room with Fireplace
- Creek or Stream Views
- Basement
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Water Heater
Additional Features
- Accessible Parking
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 22
- Assessor Parcel Number 004021006000
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $348
- Water Sewer Expense $1,140
- New Taxes Expense $6,213
- Operating Expense $8,900
- Gross Income $34,200
- Net Operating Income $30,642
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2020
Closed on
Jun 5, 2020
Sold by
Stutz Eva and Eva Stutz Living Trust
Bought by
Campos Properties Limited Partnership
Seller's Agent
Jeanne Smith
Parkway Real Estate Co.
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$497,000
Sold Price
$500,000
Premium/Discount to List
$3,000
0.6%
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
$132,852
Avg. Annual Appreciation
4.34%
Purchase Details
Closed on
Apr 16, 1999
Sold by
Stutz Eva
Bought by
Stutz Eva and Eva Stutz Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Campos Properties Limited Partnership | $500,000 | Mid Valley Title & Escrow Co | |
| Stutz Eva | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Campos Properties Limited Partnership | $600,000 | |
| Previous Owner | Stutz Eva | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2020 06/08/20 | Sold | $500,000 | +0.6% | $202 / Sq Ft |
| 05/23/2020 05/23/20 | Pending | -- | -- | -- |
| 05/21/2020 05/21/20 | For Sale | $497,000 | -- | $200 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,931 | $546,793 | $185,917 | $360,876 |
| 2024 | $5,931 | $535,808 | $182,272 | $353,536 |
| 2023 | $5,861 | $525,573 | $178,699 | $346,874 |
| 2022 | $5,768 | $515,274 | $175,196 | $340,078 |
| 2021 | $5,659 | $505,177 | $171,761 | $333,416 |
| 2020 | $970 | $84,845 | $21,957 | $62,888 |
| 2019 | $953 | $83,188 | $21,527 | $61,661 |
| 2018 | $936 | $81,563 | $21,105 | $60,458 |
| 2017 | $916 | $79,970 | $20,692 | $59,278 |
| 2016 | $837 | $78,408 | $20,287 | $58,121 |
| 2015 | $837 | $77,236 | $19,983 | $57,253 |
| 2014 | $817 | $75,729 | $19,592 | $56,137 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Steven Depa
RE/MAX
(530) 520-8672
144 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN20096149
APN: 004-021-006-000
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