Sold for $615,000

Listed by: Century 21 Select Real Estate, Inc. • Effie Khaki • 530-899-5915

Bought with: NONMEMBER MRML

$615,000

489 E 7th Ave, Chico, CA 95926

5beds

5baths

2,263sqft

Duplex

Built in 2005

-- sqft lot

$616,600 Zestimate^®

$272/sqft

$1,969 Estimated rent

Home value

$616,600

$586,000 - $647,000

$1,969/mo

Zestimate^® history

Owner options

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$1,969/mo

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$1,969/mo

Rent Zestimate^®

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$3,918/mo

Est. payment

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$3,918/mo

Est. payment

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What's special

Nested in the coveted Avenue, this picture perfect residence is just a blocks away from the Enloe hospital, CSUC and downtown. The building consists of 2 units and allows you the opportunity of living in one and renting the other, if you desire. Both units offer an open floor plan, large dual pane windows for ample natural lighting, fully equipped kitchens each with gas stove / oven, microwave, refrigerator, dishwasher and garbage disposal. Additionally these units boast central heat/air, darling quaint yards and each with its own 2 car garage which are equipped with washers and dryers. Unit 493 offers 3 bedrooms and 2.5 bathrooms. Unit 489 has 2 bedrooms and 1.5 bathrooms, incidentally this unit was just upgraded with a new flooring, new appliances and fresh paint. With a zero factor vacancy rate on these units, this will make a great investment opportunity for your investments portfolio.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5

Rooms

Room types: Bedroom, Great Room, Kitchen, Primary Bedroom

Primary bedroom

Features: Primary Suite

Bedroom

Features: All Bedrooms Up

Heating

Central, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
Laundry: Washer Hookup, In Garage

Features

Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, All Bedrooms Up, Primary Suite
Flooring: Carpet, Tile
Doors: Sliding Doors
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,263
Total interior livable area: 2,263 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Private
Garage spaces: 4

Features

Levels: Two
Stories: 2
Entry location: Front door
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: Neighborhood

Lot

Size: 7,405 Square Feet
Features: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers Timer, Sprinkler System, Yard

Details

Parcel number: 003411028000
Zoning: R1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Duplex
Attached to another structure: Yes

Materials

Stucco
Foundation: Slab
Roof: Composition

Condition

Turnkey
New construction: No
Year built: 2005

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Gutter(s), Street Lights, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Chico

Financial & listing details

Price per square foot: $272/sqft
Tax assessed value: $639,846
Date on market: 8/3/2023
Cumulative days on market: 9 days
Listing terms: Cash,Cash to New Loan
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
10/8/2024	Listing removed	$1,800$1/sqft
Source: Zillow Rentals Report a problem
9/26/2024	Listed for rent	$1,800$1/sqft
Source: Zillow Rentals Report a problem
9/19/2023	Sold	$615,000+2.5%$272/sqft
Source: CRMLS #SN23130742 Report a problem
8/14/2023	Contingent	$599,900$265/sqft
Source: CRMLS #SN23130742 Report a problem
8/3/2023	Listed for sale	$599,900$265/sqft
Source: CRMLS #SN23130742 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$639,846 +2%
2025	$7,241 +6.5%	$627,300 +2%
2024	$6,796 +6.1%	$615,000 +7%
2023	$6,405 +4.1%	$575,000 +4.5%
2022	$6,150 +9.9%	$550,000 +10%
2021	$5,596 +15.4%	$500,000 +16.3%
2020	$4,850 -0.1%	$430,000
2019	$4,858 +6%	$430,000 +6.2%
2018	$4,581 +0.1%	$405,000
2017	$4,578 +20.8%	$405,000 +12.5%
2016	$3,789 +35.9%	$360,000
2015	$2,789	$360,000 +37.4%
2014	$2,789	$262,000 +4.8%
2013	--	$250,000 -13.8%
2012	--	$290,000 -15.9%
2011	--	$345,000
2010	--	$345,000 -9.2%
2009	--	$380,000 -22.9%
2008	--	$492,929 +2%
2007	--	$483,265 +2%
2006	--	$473,790 +89.5%
2005	--	$250,000