Prime Investment Property with Development Potential for more units! This property is located Close to Chico State, downtown and shopping. The current home offers a 4 bedroom 1 and 1/2 baths with hardwood floors, updated bathrooms, a large backyard, open floor plan and indoor laundry. It's currently rented at $2,300 per month with new tenants on a 1 year lease. This lot has the potential for additional units to be built. The seller has plans drawn for a triplex to be built on the back portion of the lot consisting of Three, Two story, 2 bedroom 2 bath units to maximize your ROI. Current home includes leased solar from Tesla to lower your tenants utility costs. This property is a great investment with the ability to expand!! Click on the 3D tour to see this home.
Last Agent to Sell the Property
Parkway Real Estate Co. License #01486988 Listed on: 06/11/2020
$331,550
Cozy 3-Bedroom Home on Quiet Cul-de-Sac. Great Location! Tucked away on a peaceful cul-de-sac, this 2 or 3 bedroom, 2 bathroom home offers a fantastic opportunity for buyers looking to personalize their space. Featuring a functional layout and solid structure, the home is ideal for those ready to bring their own vision and updates. Located just minutes from top-rated schools, shopping centers,
John Brophy GUIDE Real Estate
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $324,000 | Mid Valley T&E Co | |
| Grant Deed | $280,000 | Mid Valley Title & Escrow Co | |
| Grant Deed | $235,000 | Mid Valley Title & Escrow Co | |
| Grant Deed | -- | Mid Valley Title & Escrow Co | |
| Grant Deed | $157,500 | Fidelity Natl Title Co Of Ca |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,000 | Commercial | |
| Previous Owner | $188,000 | New Conventional | |
| Previous Owner | $126,000 | Purchase Money Mortgage | |
| Previous Owner | $51,000 | Credit Line Revolving |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $324,000 | -0.3% | $222 / Sq Ft |
| 08/22/2020 08/22/20 | Pending | -- | -- | -- |
| 08/06/2020 08/06/20 | Price Changed | $325,000 | -3.0% | $222 / Sq Ft |
| 06/11/2020 06/11/20 | For Sale | $335,000 | +19.6% | $229 / Sq Ft |
| 01/19/2019 01/19/19 | Sold | $280,000 | +1.8% | $192 / Sq Ft |
| 12/20/2018 12/20/18 | Pending | -- | -- | -- |
| 12/19/2018 12/19/18 | For Sale | $274,999 | 0.0% | $188 / Sq Ft |
| 11/28/2018 11/28/18 | Pending | -- | -- | -- |
| 11/24/2018 11/24/18 | For Sale | $274,999 | 0.0% | $188 / Sq Ft |
| 11/19/2018 11/19/18 | Pending | -- | -- | -- |
| 09/10/2018 09/10/18 | Price Changed | $274,999 | -1.8% | $188 / Sq Ft |
| 05/19/2018 05/19/18 | Price Changed | $279,999 | -1.8% | $192 / Sq Ft |
| 02/14/2018 02/14/18 | For Sale | $285,000 | +21.3% | $195 / Sq Ft |
| 10/25/2016 10/25/16 | Sold | $235,000 | -2.1% | $161 / Sq Ft |
| 08/26/2016 08/26/16 | Price Changed | $240,000 | -4.0% | $164 / Sq Ft |
| 08/18/2016 08/18/16 | Price Changed | $249,900 | -3.8% | $171 / Sq Ft |
| 07/19/2016 07/19/16 | Price Changed | $259,900 | -3.7% | $178 / Sq Ft |
| 07/08/2016 07/08/16 | For Sale | $270,000 | -- | $185 / Sq Ft |
| 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 | $4,636 | $350,705 | $178,600 | $172,105 |
| 2024 | $4,636 | $343,830 | $175,099 | $168,731 |
| 2023 | $4,591 | $337,089 | $171,666 | $165,423 |
| 2022 | $4,531 | $330,480 | $168,300 | $162,180 |
| 2021 | $4,461 | $324,000 | $165,000 | $159,000 |
| 2020 | $4,056 | $285,600 | $132,600 | $153,000 |
| 2019 | $3,597 | $244,494 | $124,848 | $119,646 |
| 2018 | $2,720 | $239,700 | $122,400 | $117,300 |
| 2017 | $2,673 | $235,000 | $120,000 | $115,000 |
| 2016 | $2,233 | $217,558 | $130,535 | $87,023 |
| 2015 | $2,231 | $214,291 | $128,575 | $85,716 |
| 2014 | $2,069 | $200,000 | $110,000 | $90,000 |
Seller's Agent in 2020
Rick Sufuentes
Parkway Real Estate Co.
(530) 270-3815
4 in this area
112 Total Sales
Seller's Agent in 2019
Hobie Jensen
Parkway Real Estate Co.
(209) 915-3376
6 in this area
166 Total Sales
Seller Co-Listing Agent in 2019
Stephanie Jensen
Parkway Real Estate Co.
(530) 356-8852
4 in this area
149 Total Sales
B
Buyer's Agent in 2019
B.J. Parsons
Parkway Real Estate Co.
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN20112866
APN: 043-162-021-000
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