NOT LISTED FOR SALE

922 Walnut St Chico, CA 95928

South Campus Neighborhood

Estimated Value: $580,000 - $621,650

9 Beds
3 Baths
2,700 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $330,000 $122 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,447/month

16 Days on Market

About This Home

As of July 2014

This hard to find Triplex is in a great CSUC location within walking distance to Chico State and Downtown. It has 6 off street parking spaces. All units are very clean with central heat and air, stove and refrigerator included, built-in microwaves, pantries and skylights! Great investment property or for a student parent investor! No vacancies! Always rented! Priced to SELL! MUST SEE! Shown by appointment only.

Buyer must participate in a 1031 exchange

Last Agent to Sell the Property

Steve Valencia, Jr.

Chico Discount Realty License #01885087 Listed on: 06/17/2014

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 6 Parking Spaces

Home Design

  • 2,700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 004290010000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $3,600
  • Insurance Expense $1,800
  • Trash Expense $600
  • Water Sewer Expense $1,250
  • Gross Income $3,000
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1250.00
  • Property Type: Residential Income
  • Parcel Number: 004290010000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 122.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 7, 2014
Sold by
Rummell Winfield R and Rummell Lillie M
Bought by
Osm Investment Company
Seller's Agent
Steve Valencia, Jr.
Chico Discount Realty
Buyer's Agent
Sandi Bauman
Chico Homes
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Current Estimated Value
$595,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,883
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Wineroth Barry D and Wineroth Judith A
Bought by
Rummell Winfield R and Rummell Lillie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Wineroth Barry David and Wineroth Judith Ann
Bought by
Wineroth Barry D and Wineroth Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Daquisto Anthony and Daquisto Shelly
Bought by
Wineroth Barry David and Wineroth Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
Dacquisto Anthony and Dacquisto Shelly
Bought by
Dacquisto Anthony and Dacquisto Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bingaman William H and Bingaman Barbara
Bought by
Acquisto Anthony D and Acquisto Shelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,900
Interest Rate
6.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 9, 2002
Sold by
Boeger Ronald J and Boeger Lucy R
Bought by
Bingaman William H and Bingaman Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.05%

Purchase Details

Closed on
Jan 5, 2001
Sold by
Rummell Winfield R and Rummell Lillie M
Bought by
Rummell Lillie M and Rummell Winfield R

Purchase Details

Closed on
Jun 16, 2000
Sold by
Johnson Harry B
Bought by
Boeger Ronald J and Boeger Lucy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.48%
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
Osm Investment Company $330,000 Fidelity National Title Co
Rummell Winfield R $272,000 Fidelity Natl Title Co Of Ca
Wineroth Barry D -- Mid Valley Title & Escrow Co
Wineroth Barry David $250,000 Mid Valley Title & Escrow Co
Dacquisto Anthony $130,500 Fidelity Natl Title Mclpc
Acquisto Anthony D $371,000 Mid Valley Title & Escrow Co
Bingaman William H $290,000 Mid Valley Title & Escrow Co
Rummell Lillie M -- --
Boeger Ronald J $145,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rummell Winfield R $204,000
Previous Owner Wineroth Barry David $187,500
Previous Owner Dacquisto Anthony $391,000
Previous Owner Acquisto Anthony D $333,900
Previous Owner Bingaman William H $190,000
Previous Owner Boeger Ronald J $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2014 07/09/14 Sold $330,000 -1.5% $122 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $335,000 -- $124 / 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 $4,331 $396,597 $138,206 $258,391
2024 $4,331 $388,822 $135,497 $253,325
2023 $4,280 $381,199 $132,841 $248,358
2022 $4,214 $373,726 $130,237 $243,489
2021 $4,131 $366,399 $127,684 $238,715
2020 $4,122 $362,643 $126,375 $236,268
2019 $4,050 $355,534 $123,898 $231,636
2018 $3,975 $348,564 $121,469 $227,095
2017 $3,891 $341,731 $119,088 $222,643
2016 $3,554 $335,031 $116,753 $218,278
2015 $3,553 $330,000 $115,000 $215,000
2014 $2,997 $278,698 $97,339 $181,359
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steve Valencia, Jr.

    Chico Discount Realty

    (530) 514-1388

    2 in this area

    14 Total Sales

    Steve Valencia, Jr.
    Section Image
  • Sandi Bauman

    Buyer's Agent in 2014

    Sandi Bauman

    Chico Homes

    (530) 864-5407

    188 Total Sales

    Sandi Bauman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14117386

California Regional Multiple Listing Service (CRMLS)

APN: 004-290-010-000

California Butte County Chico 95928 South Campus

922 Walnut St, Chico, CA

Not Listed for Sale

MultiFamily

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