NOT LISTED FOR SALE

8736 Nugget Ln Paradise, CA 95969

Estimated Value: $223,000

3 Beds
2 Baths
1,116 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $107,500 $96 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,279/month

147 Days on Market

About This Home

As of March 2014

Outstanding value for this 2 unit property. Live in one, rent the other - positive cash flow abounds with a little bit of sweat equity and elbow grease! This is a Fannie Mae Homepath property! Property is eligible for Homepath and Homepath Renovation Financing.

Last Listed By

Kimberly Nedelkow

Re/Max of Chico License #01462465 Listed on: 01/31/2014

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1962

Lot Details

  • 0.48 Acre Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,116 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 050070051000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $6
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,416

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 050070051000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 96.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 20909.00
  • Lot Size Acres: 0.4800

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 20909.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 6.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Annual Amount: 1416.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Pennington Joseph
Bought by
Phe Llc
Total Days on Market
147
Current Estimated Value
$223,000

Purchase Details

Listed on
Jan 31, 2014
Closed on
Mar 11, 2014
Sold by
Pennington Holly
Bought by
Pennington Joseph
Seller's Agent
Kimberly Nedelkow
Re/Max of Chico
Buyer's Agent
Steven Ziel
Pryde Realty
List Price
$134,900
Sold Price
$107,500
Premium/Discount to List
-$27,400
-20.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$78,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 31, 2014
Closed on
Mar 10, 2014
Sold by
Fannie Mae
Bought by
Pennington Joseph
Seller's Agent
Kimberly Nedelkow
Re/Max of Chico
Buyer's Agent
Steven Ziel
Pryde Realty
List Price
$134,900
Sold Price
$107,500
Premium/Discount to List
-$27,400
-20.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2013
Sold by
Niccum Kevin A and Niccum Silvina B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2006
Sold by
Niccum Kevin A and Niccum Silvina B
Bought by
Manic Investments Llc

Purchase Details

Closed on
Feb 14, 2005
Sold by
Gennette Victor P
Bought by
Niccum Kevin A and Niccum Silvina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2004
Sold by
Gennette Eugene E and Gennette Catherine A
Bought by
Gennette Catherine A

Range of Values:

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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
Phe Llc $15,000 Westmister Title Company Inc
Pennington Joseph -- Mid Valley Title & Escrow Co
Pennington Joseph $107,500 Mid Valley Title & Escrow Co
Federal National Mortgage Association $124,100 Orange Coast Title
Manic Investments Llc -- None Available
Niccum Kevin A $23,000 None Available
Niccum Kevin A $192,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennington Joseph $78,000
Previous Owner Niccum Kevin A $155,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $107,500 -20.3% $96 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $134,900 -- $121 / 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
2024 $373 $27,340 $27,340 $0
2023 $373 $26,804 $26,804 $0
2022 $367 $26,279 $26,279 $0
2021 $361 $25,764 $25,764 $0
2020 $934 $25,500 $25,500 $0
2019 $496 $25,000 $25,000 $0
2018 $1,357 $120,662 $53,867 $66,795
2017 $1,336 $118,297 $52,811 $65,486
2016 $1,295 $115,978 $51,776 $64,202
2015 $1,275 $114,237 $50,999 $63,238
2014 $1,445 $130,589 $55,249 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR13188415

California Regional Multiple Listing Service (CRMLS)

APN: 050-070-051-000