997 E 16th St Chico, CA 95928
Chapman NeighborhoodEstimated payment $5,748/month
Highlights
- 0.83 Acre Lot
- Laundry Room
- Central Heating and Cooling System
- Harry M. Marsh Junior High School Rated A-
- Landscaped
- 4-minute walk to Chapman Park
About This Home
Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.
Listing Agent
Capital Rivers Commercial Inc Brokerage Phone: 530-514-6288 License #01861484 Listed on: 05/14/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- 36,155 Sq Ft Lot
- Landscaped
- Back Yard
Parking
- 2 Car Garage
Interior Spaces
- 3,854 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Tax Lot 17,18
- Assessor Parcel Number 005422020000
Community Details
Overview
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,629 | $514,998 | $166,464 | $348,534 |
| 2024 | $5,629 | $504,900 | $163,200 | $341,700 |
| 2023 | $5,562 | $495,000 | $160,000 | $335,000 |
| 2022 | $5,635 | $500,000 | $200,000 | $300,000 |
| 2021 | $2,435 | $213,506 | $110,234 | $103,272 |
| 2020 | $2,429 | $211,318 | $109,104 | $102,214 |
| 2019 | $2,388 | $207,175 | $106,965 | $100,210 |
| 2018 | $2,339 | $203,114 | $104,868 | $98,246 |
| 2017 | $2,292 | $199,132 | $102,812 | $96,320 |
| 2016 | $2,096 | $195,229 | $100,797 | $94,432 |
| 2015 | $2,095 | $192,297 | $99,283 | $93,014 |
| 2014 | $2,049 | $188,531 | $97,339 | $91,192 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2026 05/14/26 | For Sale | $989,000 | +99.8% | $257 / Sq Ft | |
| 10/21/2022 10/21/22 | Sold | $495,000 | -12.4% | $177 / Sq Ft | View Prior Sale |
| 09/22/2022 09/22/22 | Pending | -- | -- | -- | |
| 08/17/2022 08/17/22 | For Sale | $565,000 | 0.0% | $202 / Sq Ft | |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- | |
| 06/15/2022 06/15/22 | For Sale | $565,000 | -- | $202 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26099676
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.