6 months on rocket

1152 Magnolia Ave, Chico, CA, 95926

$1,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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1152 Magnolia Ave, Chico$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Site, Off Street
Year Built1978
HeatingCentral, Wall Furnace
CoolingCentral Air, Wall/Window Unit(s)
FireplaceLiving Room
ViewNeighborhood
MLS #SN24101772
Lot Size0.23 Acres
StatusActive

About 1152 Magnolia Ave

This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 2

Listing Office:

  • Office Name: Parkway Real Estate Co.
  • Office Phone: (530) 570-8489
  • Listing Agent: John Barroso

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl
  • Interior: Ceiling Fan(s)
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: On Site, Off Street

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 1st ave to Magnolia ave property is between 1st and 2nd ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000

Tax Information:

  • Annual Amount: $9,221
  • 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

$465.1K

Med. Price/SqFt

$296

Avg. Days On Market

30

# of Sold Homes

75

1152 Magnolia Ave vs Chico

181 DAYS ON ROCKET

+151 Days

$1,150,000

+$684.8K More

KEY TAKEAWAY

This property is $684.8K 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: #SN24101772

Listing Office:

  • Office Name: Parkway Real Estate Co.
  • Office Phone: (530) 570-8489
  • Listing Agent: John Barroso

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: 11/18/2024, 8:20:52 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

Jun 07, 2019Home Sold
$799,000
Oct 19, 2012Home Sold
$389,500
Sep 19, 1997Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,221$823,361
2020$9,194$812,940
2019$4,843$433,742
2018$4,844$425,238
2017$4,746$416,901

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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.

Nearby Schools

school-card-donut-695506
4
/10

  • Citrus Elementary School

  • 1350 Citrus Ave

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-695507
5
/10

  • Hooker Oak Elementary School

  • 1238 Arbutus Ave

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-695508
6
/10

  • Rosedale Elementary School

  • 100 Oak St

  • 1.03 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,545. Residents of Chico, CA typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1152 Magnolia Ave

What is the listing price of this property?

The listing price of 1152 Magnolia Ave property is $1,150,000.

What type of property is this?

The property 1152 Magnolia Ave is a house located in Chico, California, 95926.

Is this property for sale now?

Active Listing: 1152 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,221 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 7, 2019 for $799,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1152 Magnolia Ave is 1978.

Rocket Homes›California›Butte County›Chico›95926›1152 Magnolia Ave

This home is located at 1152 Magnolia Ave in Chico, CA and zip code 95926. This home, which was built in 1978, sits on a 0.23 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $1,150,000.

Chico, CA housing market in October 2024 saw over 33 listings sold above listed price, more than 13 sold at listed price and over 29 sold below. Between September 2024 and October 2024, Chico, CA real estate market has seen decrease in the number of listings by 7.9%. While the average time on the market in October 2024 was 30 days, the median list price was $465,126.

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

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