$255,000
SOLD SEP 27, 2013

907 Netters Cir Chico, CA 95973

2 Beds
1 Bath
2,096 Sq Ft
0.31 Acres

Recently Sold

$122 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Bidwell Junior High School Rated A-

About This Home

As of June 2019

Duplex in nice, quiet neighborhood. Ease of management makes this a great income property for an investor looking for great cash flow.

Last Agent to Sell the Property

Sean Proctor

Villa Group Corp. License #01749721 Listed on: 08/08/2013

Last Buyer's Agent

Sean Proctor

Villa Group Corp. License #01749721 Listed on: 08/08/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1980

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 007380029000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $996
  • New Taxes Expense $2,600
  • Gross Income $2,000
  • Net Operating Income $19,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,376

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.80
  • Other Phone Number: 415888640
  • Property Attached: Yes
  • Water Sewer Expenses: 996.00
  • Property Type: Residential Income
  • Parcel Number: 007380029000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 121.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Average1 Bed Area: 1048
  • Average2 Bed Area: 1048
  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 19204.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4796.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2600.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2022
Sold by
Joiner and Ardell
Bought by
Joiner Family Trust
Current Estimated Value
$563,380

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 16, 2013
Sold by
Quintana Janice H
Bought by
Ira Services Trust Company and Randall Burke Molatore Traditional Ira
Seller's Agent
Sean Proctor
Villa Group Corp.
Buyer's Agent
Sean Proctor
Villa Group Corp.
List Price
$245,000
Sold Price
$255,000
Premium/Discount to List
$10,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$140,250
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
Quintana William and Quintana Janice H
Bought by
Quintana William and Quintana Janice H

Purchase Details

Closed on
Nov 18, 2004
Sold by
Quintana William
Bought by
Quintana William and Quintana Janice H

Purchase Details

Closed on
Nov 24, 2003
Sold by
Quintana Janice H
Bought by
Quintana William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Hartman Deedra and Hartman Randy
Bought by
Quintana William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Popp Eric D and Popp Ann M
Bought by
Hartman Randy and Hartman Deedra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.15%
Source: Public Records

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    Section Image

Range of Values:

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List 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 Type Sale Price Title Company
Grant Deed -- Harris & Plottel Llp
Grant Deed $255,000 Bidwell Title & Escrow Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Grant Deed $329,500 Mid Valley Title & Escrow Co
Grant Deed $163,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,250 New Conventional
Previous Owner $164,750 Purchase Money Mortgage
Previous Owner $187,500 Unknown
Previous Owner $162,500 Unknown
Previous Owner $154,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $450,899 +6.1% $215 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $425,000 +66.7% $203 / Sq Ft
09/27/2013 09/27/13 Sold $255,000 +4.1% $122 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $245,000 -- $117 / 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 $5,376 $493,228 $169,512 $323,716
2023 $5,311 $483,558 $166,189 $317,369
2022 $5,225 $474,078 $162,931 $311,147
2021 $5,125 $464,784 $159,737 $305,047
2020 $5,110 $460,020 $158,100 $301,920
2019 $3,174 $280,219 $109,890 $170,329
2018 $3,116 $274,726 $107,736 $166,990
2017 $3,053 $269,340 $105,624 $163,716
2016 $2,787 $264,059 $103,553 $160,506
2015 $2,787 $260,094 $101,998 $158,096
2014 $2,732 $255,000 $100,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13163527

California Regional Multiple Listing Service (CRMLS)

APN: 007-380-029-000