NOT LISTED FOR SALE

930 W Sacramento Ave Chico, CA 95926

Estimated Value: $560,000 - $666,000

11 Beds
6 Baths
3,919 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $325,000 $83 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,696/month

2 Days on Market

Highlights

  • Corner Lot
  • Chico Junior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2014

Great location, close to CSUC and shopping. This 3 unit complex consists of 2 four bedroom two bath and 1 three bedroom two baths units with lots of square footage and potential upside.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 10/20/2014

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 10/20/2014

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 1985

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 20 Parking Spaces

Home Design

  • 3,919 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 043210067000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Maintenance Expense $2,011
  • Professional Management Expense $1,152
  • Trash Expense $709
  • Water Sewer Expense $1,350
  • New Taxes Expense $3,500
  • Gross Income $2,400
  • Net Operating Income $19,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,979

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Professional Management Expense: 1152.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1350.00
  • Property Type: Residential Income
  • Parcel Number: 043210067000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 82.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 709.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 850.00
  • Lot Size Area: 7841.0000 Square Feet
  • Maintenance Expense: 2011.00
  • Net Operating Income: 19228.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9572.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Nov 18, 2014
Sold by
Renville Allen L and Renville Lisa M
Bought by
Osm Invsetment Co
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Total Days on Market
2
Current Estimated Value
$601,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,495
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Apr 15, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Renville Allen and Renville Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
7.15%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 14, 1997
Sold by
Crawford Robert L and Crawford Theresa A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 29, 1997
Sold by
Crawford Robert L
Bought by
The Helen F Lohndorf Living Trust
Source: Public Records

Similar Home in Chico, CA

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    $620,000

    • 5 Beds
    • 5 Baths
    • 3,717 Sq Ft
    • 1825 Magnolia Ave
    • Chico, CA

    Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Medical Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed

    Matt Depa Re/Max of Chico

    Section Image

Range of Values:

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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 Invsetment Co -- Fidelity National Title Co
Renville Allen $84,500 Mid Valley Title & Escrow Co
Federal Home Loan Mortgage Corporation $127,671 Bidwell Title & Escrow Compa
The Helen F Lohndorf Living Trust $37,074 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renville Allen $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $325,000 -7.1% $83 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $350,000 -- $89 / 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 $3,979 $357,012 $117,825 $239,187
2023 $3,933 $351,013 $115,515 $235,498
2022 $3,869 $344,150 $113,250 $230,900
2021 $3,797 $337,423 $111,030 $226,393
2020 $3,787 $333,974 $109,892 $224,082
2019 $3,719 $327,446 $107,738 $219,708
2018 $3,651 $321,046 $105,626 $215,420
2017 $3,601 $314,771 $103,555 $211,216
2016 $3,290 $308,620 $101,525 $207,095
2015 $3,290 $304,000 $100,000 $204,000
2014 $2,036 $187,250 $52,094 $135,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14226318

California Regional Multiple Listing Service (CRMLS)

APN: 043-210-067-000