NOT LISTED FOR SALE

841 W 2nd Ave Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $345,000 - $564,000

5 Beds
3 Baths
1,774 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $355,000 $200 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,676/month

31 Days on Market

About This Home

As of September 2016

This north-campus house is fully leased until 6/31/2017 at $2400/month. Low maintenance is the theme, with the front and side yards, as well as the interior. The property with some upgrades could command premium rental rates.

Last Agent to Sell the Property

Ryan Vaught

Ryno Company License #01444141 Listed on: 07/11/2016

Last Buyer's Agent

Jennifer Anderson

Intero Real Estate Services License #01149767

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,774 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Urban Location

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $350
  • Insurance Expense $750
  • New Taxes Expense $3,700
  • Gross Income $2,400
  • Net Operating Income $24,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection, water
  • Assessor Parcel Number 043162038000

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 350.00
  • Parcel Number: 043162038000
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 200.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3049.00
  • Price Per Lot Square Foot: 121.02

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 750.00
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Refrigerator: 1
  • Operating Expense: 4800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 31, 2016
Sold by
Mayer John and Olson Catherine
Bought by
Anderson Bruce and Anderson Jennifer
Seller's Agent
Ryan Vaught
Ryno Company
Buyer's Agent
Jennifer Anderson
Intero Real Estate Services
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%
Current Estimated Value
$440,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,482
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Miller Jeffrey W and Miller Susan L
Bought by
Mayer John and Olson Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Miller David W and Miller Susan L
Bought by
Miller Jeffrey W and Miller David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Renzulli Carmine R and Renzulli Brenda H
Bought by
Miller David W and Miller Susan L

Purchase Details

Closed on
Jul 16, 2001
Sold by
Stryker Brenda
Bought by
Renzulli Carmine R and Renzulli Brenda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Anderson Bruce $355,000 Mid Valley Title & Escrow Co
Mayer John $240,000 Bidwell Title & Escrow Co
Miller Jeffrey W -- Mid Valley Title & Escrow Co
Miller David W $295,000 Mid Valley Title & Escrow Co
Renzulli Carmine R $180,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayer John $192,000
Previous Owner Miller Jeffrey W $153,000
Previous Owner Renzulli Carmine R $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $355,000 -3.8% $200 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $369,000 -- $208 / 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 $4,472 $412,001 $139,267 $272,734
2024 $4,472 $403,924 $136,537 $267,387
2023 $4,419 $396,005 $133,860 $262,145
2022 $4,349 $388,241 $131,236 $257,005
2021 $4,267 $380,629 $128,663 $251,966
2020 $4,255 $376,727 $127,344 $249,383
2019 $4,178 $369,342 $124,848 $244,494
2018 $4,102 $362,100 $122,400 $239,700
2017 $4,019 $355,000 $120,000 $235,000
2016 $2,687 $254,648 $74,272 $180,376
2015 $2,687 $250,824 $73,157 $177,667
2014 $2,623 $245,911 $71,724 $174,187
Source: Public Records

Agents Affiliated with this Home

  • Ryan Vaught

    Seller's Agent in 2016

    Ryan Vaught

    Ryno Company

    (530) 343-2959

    3 in this area

    14 Total Sales

    Ryan Vaught
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Anderson

    Intero Real Estate Services

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16150609

California Regional Multiple Listing Service (CRMLS)

APN: 043-162-038-000

California Butte County Chico 95926 Chico Vecino

841 W 2nd Ave, Chico, CA

Not Listed for Sale

MultiFamily

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