SOLD 04/24/2024
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Home sold for $490,000 in 27 days
2020 Magnolia Ave Chico, CA, 95926
Off the market 6 beds 3,720 sqft
Opportunity is knocking! Unlock the potential of this prime investment opportunity nestled in the sought-after Chico Avenues neighborhood. This property includes a 3-bedroom, 1-bathroom duplex, paired with a single-family 3-bedroom, 2-bathroom home, providing multiple income streams for those looking to expand their investment portfolios. For Buyers looking to live in one unit and rent out the others, this property offers the perfect blend of affordability and passive income potential, or rent them all out for a steady cash flow! While these homes may require some TLC, this presents a unique opportunity for investors to add value with strategic updates and renovations, enhancing the overall value. The duplex, located at 150 W. 10th Avenue, is on a large corner fenced with parking spaces, separate utilities, and a yard providing a great outdoor space for tenants. The single-family home, located at 2020 Magnolia Avenue, on the other side of the fence, offers a fully fenced concrete patio, and utility room providing a laundry area, and additional storage space, this home is currently rented until May 2024. Centrally located just a block from the renowned Esplanade, and a few blocks from Downtown Chico, this property offers easy access to shopping, dining, local amenities, and school
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Property details
3,720 sqft interior area
Property type
Home
Interior area
3,720 sqft
View
Other
Land area
9,583 sqft (0.22 acres)
Price per sqft
$131/sqft
Address
2020 Magnolia Ave, Chico, CA, 95926
City of California
Chico
County
Butte
Sold price
$490,000
nr.of parking places
6
Year Built
1983
District
Listing
Open Houses
No upcoming open houses
Interior Features
6 parking places, Vinyl, Carpet floors
Beds
6
Floors
Vinyl, Carpet
Parking
6
Garage & Parking
Other
Laundry Features
Laundry Room, Other, Inside
Heathing & Cooling
Central Air, Central
Amenities
Other
Listed by
Alisha Simpkins, Keller Williams Realty Chico Area
Name
Alisha Simpkins
License number
01772692
Brokerage company
Keller Williams Realty Chico Area
MLS #
CRSN24062746
Buyer agent
Name
Jessica Sorenson
Brokerage company
Re/Max of Chico
Payment calculator
Calculate your monthly payments
Mortgage
$1,505
Taxes
$0
HOA dues
$0
Mortgage
$98,000 / 20%
2.28%
30 years
Your amount
$1,505 / month
Exterior Features
—
Yard
Front Yard, Other
Lot details
TMK #003601012000
Lot Description
Other, Front Yard
Parcel nr.
003601012000
95926 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95926
44%
Families with children
National average: 39%
45%
Non family households
112,015
Population
$76,686
Average Income
Age & gender
Median age 32 years
More info
Commute types
84% commute by car
More info
Education level
23% have college education
More info
Number of employees
10% work in education and healthcare
More info
Vehicles available
38% have 2 vehicle
More info
Vehicles by gender
38% have 2 vehicle
More info
Housing market insights for
$477.03k
Neighborhood average
sales price*
sales price*
$432.5k
Neighborhood median
sales price*
sales price*
338
Number
of sales*
of sales*
Housing type
56% are single detacheds
More info
Rooms
42% of the houses have 4 or 5 rooms
More info
Bedrooms
68% have 2 or 3 bedrooms
More info
Owners vs Renters
50% are owners
More info
9.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Temporarily Withdrawn Apr 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 29, 2024 | Temporarily Withdrawn | $475,000 | 127.69 | MLS #CRSN24062882 |
| Apr 4, 2024 | Pending | $475,000 | 127.69 | MLS #CRSN24062882 |
| Mar 29, 2024 | New Listing | $475,000 -3.06% | 127.69 | MLS #CRSN24062882 |
| Mar 29, 2024 | New Listing | $475,000 | 127.69 | MLS #CRSN24062746 |
| Apr 24, 2024 | Sold | $490,000 | 131.72 | Public Record |
| Apr 24, 2024 | Price Increase | $490,000 +3.16% | 131.72 | MLS #CRSN24062746 |
| Apr 4, 2024 | Pending | $475,000 | 127.69 | MLS #CRSN24062746 |
Taxes of 2020 Magnolia Ave, Chico, CA, 95926
R1 zoning / MLS #CRSN24062746
Zoning
R1
Agent viewpoints of 2020 Magnolia Ave, Chico, CA, 95926
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Frequently Asked Questions about 2020 Magnolia Ave
What is 2020 Magnolia Ave?
2020 Magnolia Ave, Chico, CA, 95926 is a single family home located in the city of Chico, California with zipcode 95926. This single family home has 6 bedrooms with an interior area of 3,720 sqft.
Which year was this home built?
This home was build in 1983.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
2020 Magnolia Ave, Chico, CA, 95926.
Are grocery stores nearby?
The closest grocery stores are S&S Produce and The Butcher Shop, 0.6 miles away and Raley's, 0.66 miles away.
What is the neighborhood like?
The 95926 zip area has a population of 112,015, and 44% of the families have children. The median age is 32.32 years and 84% commute by car. The most popular housing type is "single detached" and 50% is owner.
Based on information from the bridgeMLS as of 05-04-2024. 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.
Listing last updated on: Apr 24, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are S&S Produce and The Butcher Shop, 0.6 miles away and Raley's, 0.66 miles away.
The 95926 zip area has a population of 112,015, and 44% of the families have children. The median age is 32.32 years and 84% commute by car. The most popular housing type is "single detached" and 50% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
