2 months on rocket

1425 W 7th St, Chico, CA, 95928

$339,000

Home List Price

$4,026*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1425 W 7th St, Chico$339,000

Buyer Closing Credits

$4,026*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1972
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #SN24029008
Lot Size0.12 Acres
StatusActive

About 1425 W 7th St

Excellent opportunity to acquire the most affordable duplex in Chico! Each unit is a 1 bed/1 bath with open living room and kitchen. There is a shared onsite laundry facility. Large fenced backyard. Low maintenance Stucco exterior and comp roof. Tenants are month to month and new owners have the ability to raise rent on day 1. Separate electrical and gas meters. Owner pays water, sewer and trash. Great investment opportunity with stabilized tenants at below market rents, allowing the opportunity to increase income by raising rents to market rate.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 1

Listing Office:

  • Office Name: Helm Properties
  • Office Phone: (530) 844-0505
  • Listing Agent: Derek Sandgren

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Chico High School, Public District Grades 9-12
  • Chico Junior High School, Public District Grades 7-8
  • Rosedale Elementary School, Public Magnet Grades KG-6
  • Emma Wilson Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Hwy 99, exit CA-32 W/ W 8 th St. R on Walnut St, L on 7 th St, R on Hickory, L on W 7 th .

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,000

Tax Information:

  • Annual Amount: $737
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chico, CA.

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Chico, CA

City

Med. Sold Price

$448K

Med. Price/SqFt

$289

Avg. Days On Market

37

# of Sold Homes

60

1425 W 7th St vs Chico

79 DAYS ON ROCKET

+42 Days

$339,000

-$109K Less

KEY TAKEAWAY

This property is $109K less than the Median Sold Price in Chico, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SN24029008

Listing Office:

  • Office Name: Helm Properties
  • Office Phone: (530) 844-0505
  • Listing Agent: Derek Sandgren

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 4:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$737$63,092
2020$737$62,446
2019$712$61,222
2018$713$60,022
2017$695$58,846

History based on county public records data.

Payment Calculator

$1,759

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,083

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2873222
5
/10

  • Rosedale Elementary School

  • 100 Oak St

  • 0.45 miles

  • Public Magnet Grades KG-6

school-card-donut-2873223
6
/10

  • Emma Wilson Elementary School

  • 1530 W 8th Ave

  • 1.59 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2873224
6
/10

  • Chico Junior High School

  • 280 Memorial Way

  • 1.18 miles

  • Public District Grades 7-8

High School

school-card-donut-2873225
7
/10

  • Chico High School

  • 901 Esplanade

  • 1.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,250. The majority of Chico, CA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Butte County›Chico›95928›1425 W 7th St

This home is located at 1425 W 7th St in Chico, CA and zip code 95928. This home, which was built in 1972, sits on a 0.12 acre lot. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $339,000.

In March 2024 more than 17 listings in Chico, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 26 were sold below. The inventory of homes for sale in Chico, CA between February 2024 and March 2024 increased by 10.1%. The median list price of listings available in March 2024 was $448,072, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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