NOT LISTED FOR SALE

995 East Ave Chico, CA 95926

Estimated Value: $515,000 - $651,000

8 Beds
7 Baths
3,216 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $392,000 $122 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,429/month

62 Days on Market

About This Home

As of June 2017

Great opportunity to purchase 12 units with 4-plex financing, buy one, or all of these unique properties, featuring 3 townhouse style units and a traditional style apartment above the garages. This property is being sold simultaneously with 997 & 999 East Ave. All units are close to shopping, transportation, and entertainment and new roofs installed Feb 2017.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 02/24/2017

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 02/24/2017

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard
  • Land Lease

Parking

  • 4 Car Garage

Home Design

  • 3,216 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 015310065000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,349
  • Trash Expense $1,576
  • Water Sewer Expense $2,308
  • New Taxes Expense $4,350
  • Operating Expense $9,583
  • Gross Income $2,850
  • Net Operating Income $24,617

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2308.00
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 015310065000
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 121.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1576.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8712.00

Multi Family

  • Gross Income: 2850.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 1349.00
  • Net Operating Income: 24617.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9583.00
  • Rent Control: No
  • Total Expenses: 9583.00

Tax Info

  • New Taxes Expense: 4350.00
  • Tax Census Tract: 1.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 5, 2017
Sold by
Fuller J and Fuller Gail E
Bought by
Casey Gregory and Casey Krissa
Seller's Agent
Steven Depa
Re/Max of Chico
Buyer's Agent
Steven Depa
Re/Max of Chico
List Price
$435,000
Sold Price
$392,000
Premium/Discount to List
-$43,000
-9.89%
Current Estimated Value
$577,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,037
Avg. Annual Appreciation
4.60%
Original Mortgage
$197,000
Outstanding Balance
$163,863
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$413,174

Purchase Details

Closed on
Jun 30, 2005
Sold by
Jones Kenneth
Bought by
Jones Kenneth and Fuller Lawrence J

Purchase Details

Closed on
Nov 18, 2004
Sold by
Meline Sharon
Bought by
Jones Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
5.37%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Casey Gregory $392,000 Bidwell Title & Escrow Co
Jones Kenneth -- Fidelity Natl Title Co Of Ca
Jones Kenneth $370,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Gregory $197,000
Previous Owner Jones Kenneth $268,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $392,000 -9.9% $122 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $435,000 -- $135 / 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 $4,944 $454,942 $139,267 $315,675
2024 $4,944 $446,023 $136,537 $309,486
2023 $4,886 $437,278 $133,860 $303,418
2022 $4,806 $428,705 $131,236 $297,469
2021 $4,716 $420,300 $128,663 $291,637
2020 $4,703 $415,991 $127,344 $288,647
2019 $4,618 $407,836 $124,848 $282,988
2018 $4,533 $399,840 $122,400 $277,440
2017 $4,531 $400,000 $100,000 $300,000
2016 $3,693 $350,000 $100,000 $250,000
2015 $3,216 $300,000 $95,000 $205,000
2014 $2,936 $275,000 $85,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17037975

California Regional Multiple Listing Service (CRMLS)

APN: 015-310-065-000