NOT LISTED FOR SALE

882 Netters Cir Chico, CA 95973

Estimated Value: $533,000 - $555,000

4 Beds
3 Baths
2,300 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $446,500 $194 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,602/month

19 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • 4 Car Garage
  • Bidwell Junior High School Rated A-
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of June 2020

Great opportunity to own this well maintained duplex perfectly placed on a wide tree-lined street in North Chico. The units are configured with one 2 bed/2 bath and one 2 bed/1 bath. Each unit has their own garage and large fenced yard. Great for an investment or live in one and rent the other. Some recent improvements by the current owner include newer roof, newer garage doors and newer HVAC unit. The neighborhood has a HOA ($150 monthly) that maintains all the front yards which helps keep the appearance looking good. Currently both units are rented on a month to month basis with total combined monthly gross rents of $2255.00.

Last Agent to Sell the Property

John Barroso

Parkway Real Estate Co. License #01434090 Listed on: 04/19/2020

Last Buyer's Agent

Maurine Johnson

Johnson Real Estate License #00709207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Level Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 007380009000

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Morseman Village Association
  • Maintained Community

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,293

Year Built

Built in 1980

Lot Details

0

HOA Fees

$150 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007380009000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 194.13
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • 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
  • Association Name: Morseman Village
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Multi Family

  • Gross Income: 2255.00
  • Gross Scheduled Income: 2255.00
  • Lot Size Area: 14810.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2255.00

Tax Info

  • Tax Census Tract: 2.01
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2020
Closed on
Jun 17, 2020
Sold by
Woodcock Paul and Woodcock Paul 2006
Bought by
Nicholson Donna Dianne and James And Donna Nicholson 1995
Seller's Agent
John Barroso
Parkway Real Estate Co.
Buyer's Agent
Maurine Johnson
Johnson Real Estate
List Price
$449,000
Sold Price
$446,500
Premium/Discount to List
-$2,500
-0.56%
Current Estimated Value
$542,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,094
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Woodcock Paul A
Bought by
Woodcock Paul and The Paul Woodcock 2006 Revocable Trust

Purchase Details

Closed on
Apr 4, 2005
Sold by
Dove Michael and Brandewie Robert
Bought by
Woodcock Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
7.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 2002
Sold by
Dove Michael and Brandewic Robert
Bought by
Dove Michael and Brandewie Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,034
Interest Rate
7.15%
Source: Public Records

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Range of Values:

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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
Nicholson Donna Dianne $446,500 Mid Valley Title & Escrow Co
Woodcock Paul -- None Available
Woodcock Paul A $355,000 Multiple
Dove Michael -- Mid Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodcock Paul A $319,000
Previous Owner Dove Michael $97,034
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $446,500 -0.6% $194 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/19/2020 04/19/20 For Sale $449,000 -- $195 / 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 $5,293 $478,734 $166,189 $312,545
2023 $5,231 $469,348 $162,931 $306,417
2022 $5,147 $460,146 $159,737 $300,409
2021 $5,050 $451,124 $156,605 $294,519
2020 $3,961 $351,000 $140,000 $211,000
2019 $3,972 $351,000 $160,000 $191,000
2018 $3,593 $317,000 $130,000 $187,000
2017 $3,568 $315,000 $115,000 $200,000
2016 $2,902 $275,000 $115,000 $160,000
2015 $2,732 $255,000 $115,000 $140,000
2014 $2,626 $245,000 $90,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20076103

California Regional Multiple Listing Service (CRMLS)

APN: 007-380-009-000