NOT LISTED FOR SALE

Estimated Value: $552,247 - $750,000

7 Beds
3 Baths
3,182 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $480,000 $151 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,815/month

75 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Double Pane Windows
  • Chico Junior High School Rated A-
  • No HOA
  • Evaporated cooling system

About This Home

As of September 2016

Beautiful duplex near downtown Chico. Main floor unit has 5 bedrooms and 2 baths, and rents for $2,525/month. The basement unit has 2 bedrooms and 1 bath, and rents for $1,100/month. Each unit has its own PGE meter and laundry hookups. The owner pays for water, sewer, garbage and yard maintenance. Home has historic charm and character, but also has the following recent upgrades: dual pane windows, new roof on home and garage, new siding, new paint, newer flooring in both units, and new exterior doors. The units rent easily and quickly, primarily to college students or recent graduates who often stay for 2 or more years. Great property and easy to manage.

Last Agent to Sell the Property

Mike McCrady

Michael McCrady, Broker License #01234296 Listed on: 06/12/2016

Last Buyer's Agent

Kenneth Winslow

Re/Max of Chico License #00956005

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,182 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 005093008000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $60
  • Insurance Expense $1,800
  • Trash Expense $33
  • Water Sewer Expense $100
  • New Taxes Expense $6,000
  • Gross Income $3,625
  • Net Operating Income $32,529

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,997

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: washer and drier, 2 refrigerstors, all without warranty
  • Other Phone Description: Agent
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 100.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 60.00
  • Parcel Number: 005093008000
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 150.85
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Rain Gutters
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No
  • Construction Materials: Cement Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Trash Expense: 33.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 88.12

Multi Family

  • Gross Income: 3625.00
  • Gross Scheduled Income: 43500.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 32529.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 10536.00
  • Rent Control: No
  • Vacancy Allowance: 1
  • Vacancy Allowance Rate: 420.00

Tax Info

  • New Taxes Expense: 6000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Daguerre Mary Klobucar and Daguerre Marcel R
Bought by
Marcel And Mary Daguerre Living Trust and Daguerre
Total Days on Market
75
Current Estimated Value
$624,562

Purchase Details

Listed on
Jun 12, 2016
Closed on
Sep 16, 2016
Sold by
Mccrady Michael W and Mccrady Elizabeth H
Bought by
Mary K Daguerre Irrevocable Trust
Seller's Agent
Mike McCrady
Michael McCrady, Broker
Buyer's Agent
Kenneth Winslow
Re/Max of Chico
List Price
$519,000
Sold Price
$480,000
Premium/Discount to List
-$39,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Mccrady Michael W and Mccrady Michael
Bought by
Mccrady Michael W and Mccrady Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Mccrady Michael W and Mccrady Elizabeth H
Bought by
Mccrady Michael W and Mccrady Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mccrady Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2008
Sold by
Bonea Ryan and Bonea Heather
Bought by
Deutsche Bank National Trust Company and American Home Mortgage Investment Trust

Purchase Details

Closed on
Sep 22, 2008
Sold by
Mccrady Michael W and Mccrady Elizabeth H
Bought by
Mccrady Michael W and Mccrady Elizabeth H

Purchase Details

Closed on
Jan 28, 2008
Sold by
Beta House Corp Chico
Bought by
Mccrady Michael W and Mccrady Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2006
Sold by
Mccrady Michael W
Bought by
Mccrady Michael W and Mccrady Elizabeth H

Purchase Details

Closed on
Jun 2, 2005
Sold by
Bowersox Duran A and Bowersox Debra L
Bought by
Bonea Ryan and Bonea Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,700
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 2, 2003
Sold by
Bowersox Duran A and Bowersox Debra L
Bought by
Bowersox Duran A
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
Marcel And Mary Daguerre Living Trust -- None Listed On Document
Mary K Daguerre Irrevocable Trust $480,000 Mid Valley Title & Escrow
Mccrady Michael W -- Bidwell Title & Escrow Co
Mccrady Michael W -- Bidwell Title & Escrow Co
Mccrady Michael W -- Bidwell Title & Escrow Co
Mccrady Michael $310,000 Lsi Title Company
Deutsche Bank National Trust Company $291,500 Accommodation
Mccrady Michael W -- None Available
Mccrady Michael W $388,000 Bidwell Title & Escrow Co
Mccrady Michael W -- None Available
Bonea Ryan $491,000 Bidwell Title & Escrow Co
Bowersox Duran A $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccrady Michael W $259,500
Previous Owner Mccrady Michael $250,000
Previous Owner Mccrady Michael $200,000
Previous Owner Mccrady Michael W $250,000
Previous Owner Bonea Ryan $343,700
Previous Owner Bowersox Randy $143,552
Previous Owner Bowersox Duran $19,000
Previous Owner Bowersox Duran $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $480,000 -7.5% $151 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
06/12/2016 06/12/16 For Sale $519,000 -- $163 / 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 $5,997 $540,463 $125,158 $415,305
2023 $5,927 $529,866 $122,704 $407,162
2022 $5,836 $519,478 $120,299 $399,179
2021 $5,722 $509,293 $117,941 $391,352
2020 $5,709 $504,072 $116,732 $387,340
2019 $5,608 $494,190 $114,444 $379,746
2018 $5,504 $484,500 $112,200 $372,300
2017 $5,390 $475,000 $110,000 $365,000
2016 $3,573 $337,219 $103,339 $233,880
2015 $3,571 $332,154 $101,787 $230,367
2014 $3,271 $305,000 $85,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16126812

California Regional Multiple Listing Service (CRMLS)

APN: 005-093-008-000