$165,000
SOLD OCT 2, 2015
3 Beds
2 Baths
1,428 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

19% Below List Price

110 Days on Market

Highlights

  • Evaporated cooling system
  • Laundry Room
  • Space Heater
  • Chico Junior High School Rated A-

About This Home

As of May 2017

Two story duplex. Great location on tree lined dead-end street near Little Chico Creek and CSU. Bottom unit is 1b/1b, upper unit is 2b/1b. Each unit has a laundry area with hookups. Upper unit has a bright sunny kitchen, and inviting front and back balcony. Located on a large shady front yard, with a fenced back yard with alley access. Each unit has its own separate locked storage room.

Last Agent to Sell the Property

Don Steinsiek

Don Steinsiek, Realtor License #00479667 Listed on: 05/15/2015

Last Buyer's Agent

Brenda McLaughlin

MAE Capital Real Estate and Loan License #01211581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • 1,428 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer Hookup

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 005093010000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Gross Income $1,450
  • Net Operating Income $13,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,587

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Inclusions: 2 refrigerators 2 ranges
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 005093010000
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 115.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Space Heater
  • Laundry Features: Individual Room, Washer Hookup
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 29.14
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 1450.00
  • Gross Scheduled Income: 17400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 13600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3800.00
  • Rent Control: No

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2016
Closed on
May 1, 2017
Sold by
Guevarra Phil
Bought by
Kavanagh Anne
Seller's Agent
Louis Diamond
eXp Realty of California, Inc.
Buyer's Agent
Karen Lemcke
Coldwell Banker C&C Properties
List Price
$298,000
Sold Price
$283,000
Premium/Discount to List
-$15,000
-5.03%
Current Estimated Value
$405,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,621
Avg. Annual Appreciation
4.91%
Original Mortgage
$226,400
Outstanding Balance
$189,832
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$232,497

Purchase Details

Listed on
May 15, 2015
Closed on
Oct 1, 2015
Sold by
Guevarra April
Bought by
Guevarra Phil
Seller's Agent
Don Steinsiek
Don Steinsiek, Realtor
Buyer's Agent
Brenda McLaughlin
MAE Capital Real Estate and Loan
List Price
$204,950
Sold Price
$165,000
Premium/Discount to List
-$39,950
-19.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.40%

Purchase Details

Closed on
Jun 3, 2002
Sold by
Evans Michael H
Bought by
Keenum Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.37%

Purchase Details

Closed on
Jan 11, 2002
Sold by
Evans Lisa Jo
Bought by
Evans Michael H
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $283,000 Cornerstone Title Co
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Grant Deed $167,500 Mid Valley Title & Escrow Co
Grant Deed $140,000 Bidwell Title & Escrow Compa
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Future Advance Clause Open End Mortgage
Open $226,400 New Conventional
Previous Owner $48,000 Unknown
Previous Owner $84,000 Credit Line Revolving
Previous Owner $15,000 Unknown
Previous Owner $105,000 No Value Available
Closed $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $283,000 -1.7% $198 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
04/02/2017 04/02/17 Price Changed $288,000 -3.4% $202 / Sq Ft
12/04/2016 12/04/16 For Sale $298,000 +80.6% $209 / Sq Ft
10/02/2015 10/02/15 Sold $165,000 -19.5% $116 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $204,950 -- $144 / 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 $3,587 $328,440 $139,267 $189,173
2024 $3,587 $322,001 $136,537 $185,464
2023 $3,545 $315,688 $133,860 $181,828
2022 $3,492 $309,499 $131,236 $178,263
2021 $3,422 $303,431 $128,663 $174,768
2020 $3,415 $300,320 $127,344 $172,976
2019 $3,356 $294,433 $124,848 $169,585
2018 $3,294 $288,660 $122,400 $166,260
2017 $1,959 $170,850 $112,200 $58,650
2016 $1,790 $167,500 $110,000 $57,500
2015 $1,865 $172,073 $92,183 $79,890
2014 $1,825 $168,704 $90,378 $78,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15105534

California Regional Multiple Listing Service (CRMLS)

APN: 005-093-010-000