NOT LISTED FOR SALE

Estimated Value: $375,056 - $401,000

3 Beds
2 Baths
1,493 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $300,000 $201 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,486/month

56 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Laundry Room
  • Chico Junior High School Rated A-
  • Evaporated cooling system
  • Family Room

About This Home

As of August 2018

This is an excellent leased SFR rental. It's a Barber Tract home that has been well maintained. Students like this location because is just the right distance away from CSUC "core area", across Little Chico Creek, over the Chestnut Street bridge, right on W. 10 Street one block to the corner of Hazel Street and W. 10th Street. Plenty of tree shaded easy curbside parking for tenants and guests. Most tenants have been Juniors and Seniors. The floor plan flows comfortably with an entry off Hazel St and one off W. 10th St. A large new concrete rear patio area was installed with new back steps leading into the laundry room. Back yard has locking side gate off W. 10th St, plus a very nice detached back yard storage building for tenant's use.

Last Agent to Sell the Property

Robb Fairchild

Robb Fairchild Realtor License #00548630 Listed on: 05/02/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x128
  • Property fronts an alley
  • Wood Fence
  • Fence is in good condition
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R3

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Carpet

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, trash collection, water
  • Legal Lot and Block 007 / 087
  • Assessor Parcel Number 005087007000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,655

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1728.00
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Zoning: R3
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 005087007000
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 200.94
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Range Hood, Refrigerator
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Level with Street, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size: 45x128
  • Lot Size Sq Ft: 5663.00

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 900.00
  • Net Operating Income: 14522.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 7078.00
  • Rent Control: No
  • Total Expenses: 7078.00

Tax Info

  • New Taxes Expense: 3250.00
  • Tax Block: 087
  • Tax Census Tract: 12.00
  • Tax Lot: 007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 8, 2018
Sold by
Hunzeker Timothy R and Hunzeker Regina A
Bought by
Connor Nessa M and The Nessa M Connor 2017 Trust
Seller's Agent
Robb Fairchild
Robb Fairchild Realtor
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Total Days on Market
56
Current Estimated Value
$390,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,014
Avg. Annual Appreciation
3.92%
Original Mortgage
$100,000
Outstanding Balance
$87,741
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$302,273

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 24, 2018
Sold by
Nelson Rajeswari and Nelson James Michael
Bought by
Nelson Rajeswari
Seller's Agent
Robb Fairchild
Robb Fairchild Realtor
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$87,741
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$302,273

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 18, 2013
Sold by
Nelson James M and Nelson Rajeswari Samy
Bought by
Hunzeker Timothy R and Hunzeker Regina A
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Daniel Bosch
Re/Max of Chico
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$200,000
Interest Rate
3.38%
Mortgage Type
Seller Take Back
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
Connor Nessa M $300,000 Bidwell Title & Escrow
Nelson Rajeswari -- None Available
Hunzeker Timothy R $260,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Nessa M $100,000
Previous Owner Hunzeker Timothy R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $300,000 -7.7% $201 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $325,000 +25.0% $218 / Sq Ft
06/25/2013 06/25/13 Sold $260,000 +2.0% $191 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $255,000 -- $188 / 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 $3,655 $328,089 $142,172 $185,917
2023 $3,612 $321,657 $139,385 $182,272
2022 $3,558 $315,351 $136,652 $178,699
2021 $3,487 $309,169 $133,973 $175,196
2020 $3,480 $306,000 $132,600 $173,400
2019 $3,420 $300,000 $130,000 $170,000
2018 $3,212 $281,385 $108,225 $173,160
2017 $3,144 $275,868 $106,103 $169,765
2016 $2,872 $270,460 $104,023 $166,437
2015 $2,871 $266,398 $102,461 $163,937
2014 $2,807 $261,180 $100,454 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18103167

California Regional Multiple Listing Service (CRMLS)

APN: 005-087-007-000