NOT LISTED FOR SALE

849 Netters Cir Chico, CA 95973

Estimated Value: $518,734 - $554,000

5 Beds
2 Baths
2,426 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $325,000 $134 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,175/month

About This Home

Pride of ownership abounds! This immaculate duplex has been lovingly maintained by the owner and it shows inside and out. Property is comprised of one 2 bedroom, 2 bath unit and one 3 bedroom, 2 bath unit - each with it's own fireplace, garage and large private yard. Properties in Morseman Village are highly desired by a quality tenant base who value the space, privacy, abundant mature landscaping and the close proximity to shopping, schools, freeway access and more. Not only is this property a tremendous investment, but would also be an incredible opportunity for an owner-occupant to purchase and live in one side while renting the other out to significantly offset the mortgage payment. Gross rents are currently $2,500 per month.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Oct 30, 2015
Sold by
Albini Alan R and Frisco Albini Sandra R
Bought by
Scott Revocable Inter Vivos Trust
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Bev Scott
People's Choice Brokers
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$537,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,934
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Frisco Albini Sandra Rose and Albini Alan R
Bought by
Albini Alan R and Frisco Albini Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2003
Sold by
Albini Alan R and Frisco Albini Sandra R
Bought by
Albini Alan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2000
Sold by
Albini Alan R and Frisco Albini Sanra R
Bought by
Albini Alan Roger and Frisco Albini Sandra Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
8.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 22, 2000
Sold by
Rupp Barbara L
Bought by
Albini Alan R and Frisco Albini Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
8.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 6, 1997
Sold by
Butterfield Ira K and Butterfield Helen M
Bought by
Rupp Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
7.53%
Mortgage Type
Seller Take Back
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
Scott Revocable Inter Vivos Trust $325,000 Mid Valley Title & Escrow Co
Albini Alan R -- Fidelity Natl Title Co Of Ca
Albini Alan R -- Fidelity Natl Title Co Of Ca
Albini Alan R -- Fidelity National Title Ca
Albini Alan R -- Fidelity National Title Ca
Albini Alan R -- Fidelity Natl Title Of Ca
Albini Alan Roger -- Fidelity National Title
Albini Alan R $164,000 Fidelity National Title
Rupp Barbara L $150,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albini Alan R $297,000
Previous Owner Albini Alan R $161,500
Previous Owner Albini Alan R $114,800
Previous Owner Rupp Barbara L $110,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2015 11/13/15 Sold $325,000 -3.0% $134 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $335,000 -- $138 / Sq Ft

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 $4,173 $384,728 $153,891 $230,837
2024 $4,173 $377,185 $150,874 $226,311
2023 $4,124 $369,790 $147,916 $221,874
2022 $4,058 $362,540 $145,016 $217,524
2021 $3,981 $355,432 $142,173 $213,259
2020 $3,970 $351,789 $140,716 $211,073
2019 $3,903 $344,892 $137,957 $206,935
2018 $3,832 $338,130 $135,252 $202,878
2017 $3,754 $331,500 $132,600 $198,900
2016 $3,427 $325,000 $130,000 $195,000
2015 $2,250 $209,719 $76,724 $132,995
2014 $2,208 $205,612 $75,222 $130,390
Source: Public Records

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