2 months on rocket

494 E 5th St, Chico, CA, 95928

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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494 E 5th St, Chico$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway Level, Driveway, Gravel, On Site, On Street
Year Built1900
HeatingHeat Pump
CoolingElectric, Other, Zoned
FireplaceNone
ViewNeighborhood
MLS #SN24027906
Lot Size0.20 Acres
StatusActive

About 494 E 5th St

Welcome to 494 E. 5th Street, a unique and meticulously renovated historic property comprising a stunning period styled triplex and two additional detached dwelling units, totaling five units altogether. The main house is one of very few OCTAGONAL built homes ever constructed. During the recent period-appropriate renovation no expense were spared. The upgrades include brand-new roofs, electrical and plumbing systems, energy-efficient mini splits with heat pumps, elegant granite counters, custom doors and windows, modern appliance packages, a charming porch, and an inviting overhang – all enhancing the property's allure. Units have indoor laundry. This exceptional property boasts a prime location, situated right on the edge of the renowned GOLDEN TRIANGLE – Chico's most sought-after downtown residential area. The Golden Triangle is synonymous with luxurious living and offers unparalleled convenience to tenants. Residents can easily walk to a myriad of dining options, shopping destinations, and vibrant nightlife downtown. Additionally, Bidwell Park beckons with its recreational activities like biking, walking, and swimming, providing an ideal escape into nature. Seller may finance, terms negotiable. Upstairs has potential for development of additional units, buyer to investigate.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900
  • Stories: 1

Listing Office:

  • Office Name: Ryno Company
  • Office Phone: (530) 570-3222
  • Listing Agent: Michael Lee

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Range, Disposal, Gas Oven, Gas Range, Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan
  • Flooring Type: Laminate, Vinyl
  • Interior: Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Laminate Counters, Paneling/Wainscoting, Recessed Lighting, Storage, All Bedrooms Down, Bedroom on Main Level, Galley Kitchen, Main Level Primary, Primary Suite
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Awning(s), Lighting, Rain Gutters

Parking Information:

  • Parking: Driveway Level, Driveway, Gravel, On Site, On Street

Virtual/3D Tour

  • 3D Tour: 494 E 5th St

3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard, Landscaped, Near Public Transit, Rectangular Lot, Sloped Up
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Electric, Other, Zoned

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
  • Parkview Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From CA-32 W., turn right onto Cypress St, turn left at the 3rd cross street onto E. 5th St. Home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000

Tax Information:

  • Annual Amount: $2,603
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$448.5K

Med. Price/SqFt

$290

Avg. Days On Market

35

# of Sold Homes

72

494 E 5th St vs Chico

84 DAYS ON ROCKET

+49 Days

$1,395,000

+$946.4K More

KEY TAKEAWAY

This property is $946.4K more 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: #SN24027906

Listing Office:

  • Office Name: Ryno Company
  • Office Phone: (530) 570-3222
  • Listing Agent: Michael Lee

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: 5/4/2024, 3:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2021Home Sold
$575,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,603$231,131
2020$2,596$226,288
2019$2,504$221,852
2018$2,504$217,503
2017$2,453$213,239

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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-5718963
5
/10
  • Rosedale Elementary School

  • 100 Oak St

  • 1.00 miles

  • Public Magnet Grades KG-6

school-card-donut-5718964
6
/10
  • Parkview Elementary School

  • 1770 E 8th St

  • 1.39 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5718965
6
/10
  • Chico Junior High School

  • 280 Memorial Way

  • 0.30 miles

  • Public District Grades 7-8

High School

school-card-donut-5718966
7
/10
  • Chico High School

  • 901 Esplanade

  • 0.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,621. The majority of Chico, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaButte CountyChico95928494 E 5th St

This home is located at 494 E 5th St in Chico, CA and zip code 95928. This home, which was built in 1900, sits on a 0.20 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $1,395,000.

Chico, CA housing market in April 2024 saw over 34 listings sold above listed price, more than 14 sold at listed price and over 24 sold below. Between March 2024 and April 2024, Chico, CA real estate market has seen increase in the number of listings by 20.6%. In April 2024 median list price was $448,561 and the average listing age was 35 days.

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

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