J
Seller's Agent in 2021
Jenifer (Bel Fricke
Parkway Real Estate Co.
836 Wall St Chico, CA 95928
Downtown Chico NeighborhoodEstimated Value: $503,000 - $574,000
16
Beds
4
Baths
5,736
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- 0.43 Acre Lot
- Property is near public transit
- High Ceiling
- Parkview Elementary School Rated A-
- Corner Lot
- 2-minute walk to Humboldt Avenue Skate Park
About This Home
As of July 2021Prime downtown Chico income property with four - (4)bedroom units consisting of 2 duplexes and a vacant corner lot with development opportunity. This listing is comprised of 2 parcels being sold together. 828 and 828 1/2 Wall St. is a duplex on one parcel, and 836 and 836 1/2 Wall St. plus the vacant corner lot are on the second and larger parcel. The addresses for the vacant lot will be on 9th St. and per the City of Chico are zoned C1, commercial mixed use including retail, residential, commercial and office. The 2 residential duplexes are very similar and have a strong rental history. Each unit consists of 4 bedrooms and 1 bath large living room and kitchen, with laundry in 3 of the units, and high ceilings and porches in the upstairs units.
Last Agent to Sell the Property
Jenifer (Bel Fricke
Parkway Real Estate Co. License #01935943 Listed on: 01/16/2019
Co-Listed By
Lori Akers
License #01081260
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,414
Year Built
- Built in 1918
Lot Details
- 0.43 Acre Lot
- 1 Common Wall
- Partially Fenced Property
- Chain Link Fence
- Corner Lot
- Irregular Lot
- 004421003000
- Value in Land
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 5,736 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- Ceiling Fan
- Laundry Room
Kitchen
- Gas Range
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Concrete
- Tile
- Vinyl
Bedrooms and Bathrooms
- 16 Bedrooms
- 4 Bathrooms
Location
- Property is near public transit
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Assessor Parcel Number 004421004000
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,400
- Trash Expense $1,176
- Water Sewer Expense $2,293
- New Taxes Expense $11,875
- Operating Expense $17,744
- Gross Income $74,400
- Net Operating Income $56,656
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2019
Closed on
Jul 8, 2021
Sold by
Long Scot and Long Keri
Bought by
Lomker Jared and Lomker Hollie
Seller's Agent
Jenifer (Bel Fricke
Parkway Real Estate Co.
Buyer's Agent
Lori Akers
Parkway Real Estate Co.
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%
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
-$262,045
Avg. Annual Appreciation
-6.35%
Original Mortgage
$450,000
Outstanding Balance
$410,071
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$196,741
Purchase Details
Closed on
Feb 22, 2002
Sold by
Sauer Christian H and Hathaway Virginia C
Bought by
Long Scot and Long Keri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.8%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lomker Jared | $800,000 | Fidelity Natl Ttl Co Of Ca | |
| Long Scot | $250,000 | Mid Valley Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lomker Jared | $450,000 | |
| Previous Owner | Long Scot | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2021 07/13/21 | Sold | $800,000 | -15.8% | $139 / Sq Ft |
| 06/10/2021 06/10/21 | Pending | -- | -- | -- |
| 01/02/2020 01/02/20 | For Sale | $950,000 | +18.8% | $166 / Sq Ft |
| 12/31/2019 12/31/19 | Off Market | $800,000 | -- | -- |
| 08/01/2019 08/01/19 | For Sale | $950,000 | +18.8% | $166 / Sq Ft |
| 06/30/2019 06/30/19 | Off Market | $800,000 | -- | -- |
| 01/16/2019 01/16/19 | For Sale | $950,000 | -- | $166 / 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 | $6,414 | $440,400 | $191,017 | $249,383 |
| 2024 | $6,414 | $431,766 | $187,272 | $244,494 |
| 2023 | $6,357 | $423,300 | $183,600 | $239,700 |
| 2022 | $6,208 | $396,729 | $194,886 | $201,843 |
| 2021 | $5,829 | $388,951 | $191,065 | $197,886 |
| 2020 | $5,786 | $384,963 | $189,106 | $195,857 |
| 2019 | $5,710 | $377,416 | $185,399 | $192,017 |
| 2018 | $5,588 | $370,016 | $181,764 | $188,252 |
| 2017 | $5,499 | $362,761 | $178,200 | $184,561 |
| 2016 | $3,774 | $355,649 | $174,706 | $180,943 |
| 2015 | $3,773 | $350,308 | $172,082 | $178,226 |
| 2014 | $3,689 | $343,447 | $168,712 | $174,735 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2021
Lori Akers
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN19003825
APN: 004-421-004-000
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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