NOT LISTED FOR SALE

90 Jillian Ln Chico, CA 95973

Estimated Value: $539,000 - $678,000

6 Beds
4 Baths
2,392 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 02, 2023

Last sale price $490,000 $205 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,507/month

40 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Carpet
  • Bidwell Junior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2023

North Chico townhouse duplex in a small, quiet, cul-de-sac community. Both units are occupied and consist of 3 bedrooms, 1 full bath upstairs, and 1 full bath downstairs. One car garage comes with laundry hook ups. Large fenced back yard. Automatic irrigation system. Upgraded flooring in unit 1 (photos taken at time of vacancy). Excellent investment opportunity.

Last Agent to Sell the Property

John Lawrence

Chico Area Realty License #01870759 Listed on: 04/07/2023

Last Buyer's Agent

Jayme Foster

Re/Max of Chico License #02002903

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 2,392 Sq Ft Home
  • Duplex

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot A
  • Assessor Parcel Number 007570046000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Gardener Expense $600
  • Insurance Expense $900
  • Professional Management Expense $2,700
  • Water Sewer Expense $1,600
  • Operating Expense $5,950
  • Gross Income $34,440
  • Net Operating Income $28,490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,525

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Inclusions: FRIDGE(S)
  • Price Per Unit: 250000
  • Professional Management Expense: 2700.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 007570046000
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 204.85
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 34440.00
  • Gross Scheduled Income: 34440.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 28490.00
  • 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 Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5950.00
  • Rent Control: No
  • Total Expenses: 5950.00

Tax Info

  • Tax Census Tract: 2.02
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jun 20, 2023
Sold by
Kevin And Kay Austin Trust
Bought by
Vincent Michael
Seller's Agent
John Lawrence
Chico Area Realty
Buyer's Agent
Jayme Foster
Re/Max of Chico
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Views
45
Current Estimated Value
$559,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,134
Avg. Annual Appreciation
6.33%
Original Mortgage
$310,000
Outstanding Balance
$303,213
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$255,193
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
Vincent Michael $490,000 Mid Valley Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Michael $310,000
Closed Vincent Michael $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2023 07/02/23 Sold $490,000 -2.0% $205 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $500,000 0.0% $209 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $500,000 -- $209 / 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 $5,525 $509,796 $182,070 $327,726
2024 $5,525 $499,800 $178,500 $321,300
2023 $3,804 $341,050 $83,519 $257,531
2022 $3,743 $334,364 $81,882 $252,482
2021 $3,673 $327,809 $80,277 $247,532
2020 $3,662 $324,448 $79,454 $244,994
2019 $3,596 $318,088 $77,897 $240,191
2018 $3,530 $311,852 $76,370 $235,482
2017 $3,459 $305,738 $74,873 $230,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23058098

California Regional Multiple Listing Service (CRMLS)

APN: 007-570-046-000