985 Normal Ave Chico, CA 95928
Southwest Chico NeighborhoodEstimated Value: $552,247 - $750,000
7
Beds
3
Baths
3,182
Sq Ft
$196/Sq Ft
Est. Value
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 2016Beautiful 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
Michael McCrady, Broker License #01234296 Listed on: 06/12/2016
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
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
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
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Home Values in the Area
Average Home Value in this Area
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
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
-
Mike McCrady
M
Seller's Agent in 2016
Mike McCrady
Michael McCrady, Broker
(530) 321-3726
32 Total Sales
-
Kenneth Winslow
Buyer's Agent in 2016
Kenneth Winslow
RE/MAX
(530) 809-3700
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH16126812
APN: 005-093-008-000
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