Seller's Agent in 2023
Steven Depa
RE/MAX
(530) 520-8672
22 in this area
143 Total Sales
837 Sequoyah Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated Value: $548,000 - $599,000
8
Beds
4
Baths
2,912
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Front Yard
- Chico Junior High School Rated A-
- Wall Furnace
- 1-Story Property
About This Home
As of October 2023Welcome to 837 & 845 Sequoyah - an investment opportunity for those seeking to grow their real estate portfolio! Imagine owning not one, but two income producing quadplexes (Individually listed & priced). The best part? The owner is willing to finance, making this an ideal opportunity for those who want to expand their portfolio while taking advantage of creative financing. Each quadplex features (4) 2-bedroom, 1-bath units with in-unit laundry facilities, and private yards for tenants to enjoy. 837 Sequoyah also includes a one-car garage per unit, providing extra convenience and added value for tenants. Off street parking is also provided along the frontage of the property, ensuring tenants can easily access their home. Centrally located in Chico, these quadplexes are sure to generate consistent cash flow for years to come. PLEASE DO NOT DISTURB TENANTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,268
Year Built
- Built in 1964
Lot Details
- 0.36 Acre Lot
- Two or More Common Walls
- Front Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,912 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Conventional Septic
Listing and Financial Details
- Assessor Parcel Number 043052023000
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $150
- Insurance Expense $800
- Trash Expense $960
- Water Sewer Expense $960
- New Taxes Expense $7,312
- Operating Expense $10,182
- Gross Income $2,925
- Net Operating Income $24,918
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2023
Closed on
Sep 27, 2023
Sold by
Mitchell Earl L and Mitchell Eleanor J
Bought by
Randall J Schiff And Laura M Schiff Trust and Depa Family Trust
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$650,000
Sold Price
$475,000
Premium/Discount to List
-$175,000
-26.92%
Views
43
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
$94,333
Avg. Annual Appreciation
9.71%
Original Mortgage
$350,000
Outstanding Balance
$343,754
Interest Rate
7.12%
Mortgage Type
Seller Take Back
Estimated Equity
$219,579
Purchase Details
Closed on
May 31, 2006
Sold by
Mitchell Earl L and Mitchell Eleanor J
Bought by
Mitchell Earl L and Mitchell Eleanor J
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 |
|---|---|---|---|
| Randall J Schiff And Laura M Schiff Trust | $475,000 | Mid Valley Title | |
| Mitchell Earl L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Depa Family Trust | $132,669 | |
| Open | Randall J Schiff And Laura M Schiff Trust | $350,000 | |
| Closed | Mitchell Earl L | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $475,000 | -13.6% | $163 / Sq Ft |
| 08/02/2023 08/02/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | Price Changed | $550,000 | -15.4% | $189 / Sq Ft |
| 07/11/2023 07/11/23 | For Sale | $650,000 | -- | $223 / 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 | $5,268 | $484,444 | $178,500 | $305,944 |
| 2024 | $5,268 | $472,200 | $175,000 | $297,200 |
| 2023 | $2,506 | $222,896 | $95,476 | $127,420 |
| 2022 | $2,464 | $218,546 | $93,604 | $124,942 |
| 2021 | $2,418 | $214,281 | $91,769 | $122,512 |
| 2020 | $2,412 | $212,096 | $90,829 | $121,267 |
| 2019 | $2,369 | $207,958 | $89,049 | $118,909 |
| 2018 | $2,326 | $203,901 | $87,303 | $116,598 |
| 2017 | $2,286 | $199,924 | $85,592 | $114,332 |
| 2016 | $2,088 | $196,024 | $83,914 | $112,110 |
| 2015 | $2,089 | $193,096 | $82,654 | $110,442 |
| 2014 | $2,052 | $189,334 | $81,035 | $108,299 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN23123047
APN: 043-052-023-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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