NOT LISTED FOR SALE

844 Netters Cir Chico, CA 95973

Estimated Value: $558,000 - $633,000

5 Beds
4 Baths
2,426 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $446,000 $184 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,714/month

104 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Laundry Room
  • Ceiling Fan
  • Bidwell Junior High School Rated A-
  • Central Heating and Cooling System
  • Back and Front Yard

About This Home

As of January 2020

Great duplex on a quiet street with HOA that maintains all the front yards, that keeps the appearance looking good. Great rental history as an income property, or live in one and rent the other to supplement your mortgage payment.
844 Netters is a 2 bedroom 2 bath unit, 846 Netters is a 3 bedroom 2 bath unit, both units have good size yards with mature landscaping, over size one car garages, fireplace, and more. Close to shopping, schools, and parks. Property fell out of escrow because of no fault of the sellers, buyers did not like their interest rate. Septic, pest, and section 1 completion in supplementals. Sellers are requesting to close after 12/31/2019

Last Agent to Sell the Property

Brooke Shelton

BPS Properties License #01386475 Listed on: 08/02/2019

Last Buyer's Agent

Kelsey Watt

Capital Rivers Commercial Inc License #02035244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • 1 Common Wall
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Planned Development

Interior Spaces

  • 2,426 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 14
  • Assessor Parcel Number 007380015000

Community Details

Overview

  • 2 Units
  • Maintained Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,835
  • Professional Management Expense $1,419
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,000
  • Operating Expense $9,694
  • Gross Income $28,380
  • Net Operating Income $23,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

Built in 1979

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Professional Management Expense: 1419.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1440.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007380015000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 183.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 16553.00
  • Lot Size Acres: 0.3800

Rental Info

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

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Gross Income: 28380.00
  • Gross Scheduled Income: 28380.00
  • Insurance Expense: 1835.00
  • Lot Size Area: 16553.0000 Square Feet
  • Net Operating Income: 23305.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5075.00
  • Rent Control: No
  • Total Expenses: 9694.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 2.01
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jan 24, 2020
Sold by
Mcdowell Rupert A and Mcdowell Joan A
Bought by
Martinez Francisco and Martinez Miriam
Seller's Agent
Brooke Shelton
BPS Properties
Buyer's Agent
Kelsey Watt
Capital Rivers Commercial Inc
List Price
$449,000
Sold Price
$446,000
Premium/Discount to List
-$3,000
-0.67%
Current Estimated Value
$586,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,768
Avg. Annual Appreciation
4.94%
Original Mortgage
$379,100
Outstanding Balance
$335,594
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$251,174

Purchase Details

Closed on
May 10, 2013
Sold by
Mcdowell Rupert A and Mcdowell Joan A
Bought by
Mcdowell Rupert A and Mcdowell Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Mcdowell Joan A and Byers Joan A
Bought by
Mcdowell Rupert A and Mcdowell Joan A
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Francisco $446,000 Mid Valley Title & Escrow Co
Mcdowell Rupert A -- Mid Valley Title & Escrow Co
Mcdowell Rupert A -- Mid Valley Title & Escrow Co
Mcdowell Rupert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Francisco $379,100
Previous Owner Mcdowell Rupert A $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $446,000 -0.7% $184 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $449,000 +7.2% $185 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $419,000 -- $173 / 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 $5,287 $487,760 $169,512 $318,248
2024 $5,287 $478,197 $166,189 $312,008
2023 $5,225 $468,822 $162,931 $305,891
2022 $5,141 $459,631 $159,737 $299,894
2021 $5,045 $450,619 $156,605 $294,014
2020 $2,625 $232,297 $86,364 $145,933
2019 $2,583 $227,743 $84,671 $143,072
2018 $2,535 $223,278 $83,011 $140,267
2017 $2,484 $218,901 $81,384 $137,517
2016 $2,267 $214,610 $79,789 $134,821
2015 $2,268 $211,387 $78,591 $132,796
2014 $2,226 $207,247 $77,052 $130,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19181224

California Regional Multiple Listing Service (CRMLS)

APN: 007-380-015-000