$440,000
SOLD JUL 30, 2021

968 Cyndi Cir Chico, CA 95973

4 Beds
2 Baths
1,830 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • City Lights View
  • Private Yard
  • Cul-De-Sac
  • Bidwell Junior High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of April 2022

Now is your chance to buy the only duplex for sale in Chico with amazing tenants! Tenants have been there 12+ and 20+ years and would LOVE to stay!
The property is conveniently located near shopping, restaurants, parks, Chico entertainment and easy access to public transportation. 2 units offering 2 bedroom 1 bath totaling about 1830 sqft. Both units offer private fenced in backyards and patios. One unit offers RV access and parking. Newer 30 year roof, new gutters, new kitchen sink, faucet, garbage disposal, new oven/hood, etc.! Don't miss out on this one!

Last Agent to Sell the Property

Kelli Lewis

NextHome North Valley Realty License #02108956 Listed on: 06/15/2021

NextHome North Valley Realty

Last Buyer's Agent

Kelli Lewis

NextHome North Valley Realty License #02108956 Listed on: 06/15/2021

NextHome North Valley Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,398

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 1
  • Assessor Parcel Number 015150004000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $877
  • Maintenance Expense $500
  • Trash Expense $356
  • Water Sewer Expense $600
  • Operating Expense $2,333
  • Net Operating Income $19,879

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,398

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.90
  • Inclusions: Refrigerators, washer/dryers in both units.
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: R4
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 015150004000
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 240.44
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Disposal, Refrigerator, Water Heater
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 356.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 915 Square Feet
  • Gross Scheduled Income: 22212.00
  • Insurance Expense: 877.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 19879.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2333.00
  • Rent Control: Yes
  • Total Actual Rent: 1851.00
  • Total Expenses: 2333.00

Tax Info

  • Tax Census Tract: 1.04
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 22, 2022
Sold by
Dwyre Denis M
Bought by
Brown Natalia
Seller's Agent
Kelli Lewis
NextHome North Valley Realty
Buyer's Agent
Traci Cooper
eXp Realty of California, Inc.
List Price
$470,000
Sold Price
$476,000
Premium/Discount to List
$6,000
1.28%
Current Estimated Value
$505,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,469
Avg. Annual Appreciation
1.76%
Original Mortgage
$464,325
Outstanding Balance
$434,269
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$71,200

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 27, 2021
Sold by
Martens Dane C and Martens Lori L
Bought by
Dwyre Denis M
Seller's Agent
Kelli Lewis
NextHome North Valley Realty
Buyer's Agent
Kelli Lewis
NextHome North Valley Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$352,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 6, 2017
Sold by
Martens Dane
Bought by
Martens Dane C and Martens Lori L
Seller's Agent
Debbie Maderos
Parkway Real Estate Co.
Buyer's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
List Price
$265,000
Sold Price
$270,484
Premium/Discount to List
$5,484
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$202,863
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2017
Closed on
Oct 25, 2017
Sold by
Reley Cynthia K
Bought by
Martens Dene and Martens Lori
Seller's Agent
Debbie Maderos
Parkway Real Estate Co.
Buyer's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
List Price
$265,000
Sold Price
$270,484
Premium/Discount to List
$5,484
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,863
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Jorgensen Shirley M
Bought by
Jorgensen Shirley M and The Jorgensen Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Grant Deed $476,000 Mid Valley Title
Grant Deed $440,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Grant Deed $270,500 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $464,325 FHA
Previous Owner $352,000 New Conventional
Previous Owner $202,863 New Conventional
Closed $2,286 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market -- -- --
02/04/2025 02/04/25 For Rent -- -- --
04/26/2022 04/26/22 Sold $476,000 +1.3% $260 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $470,000 +6.8% $257 / Sq Ft
07/30/2021 07/30/21 Sold $440,000 -2.2% $240 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $450,000 +66.4% $246 / Sq Ft
11/09/2017 11/09/17 Sold $270,484 +2.1% $148 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $265,000 -- $145 / 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 $5,398 $505,134 $191,017 $314,117
2024 $5,398 $495,230 $187,272 $307,958
2023 $5,332 $485,520 $183,600 $301,920
2022 $4,922 $440,000 $180,000 $260,000
2021 $3,181 $283,817 $131,397 $152,420
2020 $3,172 $280,908 $130,050 $150,858
2019 $3,115 $275,400 $127,500 $147,900
2018 $3,058 $270,000 $125,000 $145,000
2017 $823 $72,125 $18,152 $53,973
2016 $752 $70,712 $17,797 $52,915
2015 $752 $69,651 $17,530 $52,121
2014 $746 $68,288 $17,187 $51,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21125515

California Regional Multiple Listing Service (CRMLS)

APN: 015-150-004-000