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562 Morgan Dr, Chico, CA 95973
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562 Morgan Dr Chico, CA 95973

$550,000 Sold Price as of 09/29/2023
  • 6 Beds
  • 4 Baths
  • 2,538 Sq.Ft.
Sold
$550,000 Sold Price as of 09/29/2023 Refinance Your Mortgage
Map preview of 562 Morgan Dr, Chico, CA 95973

Property Overview: 562 Morgan Dr Chico, CA has 6 bedrooms, 4 bathrooms, 2,538 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous Townhouse style duplex on a corner lot in North Chico with two identical units. Each unit features 3 bedrooms and 2 full bathrooms, approximately 1269 sf, indoor laundry room with a single car garage with a good size yard in a great neighborhood. This home offers an open floor plan downstairs features the kitchen, family room and dining area with a full bathroom, upstairs offers 3 bedrooms and a full bath. The back yard is large enough for gardening or a place for kiddos to run around. Each unit pays flat fee of $125 per month for water and sewer fee they also pay for all utilities and maintaining the yard.

Listed by Sima Saboury | BRE #01792124 | Porchlight Real Estate Brokers
Last checked: 7 minutes ago | Last updated: November 15th, 2023 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
2006
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
SN23103282
City
Chico
County
Butte
Time on Site
319 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,948
  • Total Rent: $1,948
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,948
  • Total Rent: $1,948
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $46,752
  • Net Operating Income: $32,752
  • Gross Operating Income: $32,752
  • Vacancy Allowance: $0
  • Gross Spendable Income: $2,500
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $14,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,200
  • Trash: $0
  • Insurance: $2,500
  • Professional Management: $7
  • Water/Sewer: $0
  • Other Expenses: $0

Property Details for 562 Morgan Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Lighting, Rain Gutters
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 007220053000
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available
Location / Neighborhood
Location Information
  • Directions: From Esplanade turn right to East Lassen turn left to Godman and turn left to Morgan Drive
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Chico Agent

Sale History for 562 Morgan Dr

Last sold for $550,000 on September 29th, 2023

  • November, 2023

  • Nov 15, 2023

    Date

    Canceled

    CRMLS: SN23103316

    $550,000

    Price

  • Jun 11, 2023

    Date

    Active

    CRMLS: SN23103316

    $685,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous Townhouse style duplex on a corner lot in North Chico with two identical units. Live in one side and rent the others side. Each unit features 3 bedrooms and 2 full bathrooms, approximately 1269 sf, indoor laundry room with a single car garage with a good size yard in a great neighborhood. This home offers an open floor plan downstairs features the kitchen, family room and dining area with a full bathroom, upstairs offers 3 bedrooms and a full bath. The back yard is large enough for gardening or a place for kiddos to run around. Each unit pays flat fee of $125 per month for water and sewer fee, they also pay for all utilities and maintaining the front and backyard.

  • September, 2023

  • Sep 29, 2023

    Date

    Sold

    CRMLS: SN23103282

    $550,000

    Price

  • Jun 11, 2023

    Date

    Active

    CRMLS: SN23103282

    $685,000

    Price

  • April, 2019

  • Apr 18, 2019

    Date

    Sold

    CRMLS: SN19057137

    $503,500

    Price

  • Apr 4, 2019

    Date

    Pending

    CRMLS: SN19057137

    $495,000

    Price

  • Mar 17, 2019

    Date

    Active Under Contract

    CRMLS: SN19057137

    $495,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: SN19057137

    $495,000

    Price

  • Listing provided courtesy of CRMLS

    Townhouse style duplex on a corner lot in North Chico with two identical units. Each unit features 3 bedrooms and 2 full bathrooms with a single car garage. Open floor plan downstairs features the kitchen, family room and dining area with a full bathroom. All bedrooms and a full bath upstairs. This duplex has been well maintained by it's original owner. The exterior and interior of unit #2 have been painted within recent years. No HOA!

  • April, 2019

  • Apr 18, 2019

    Date

    Sold

    CRMLS: SN19056821

    $503,500

    Price

  • Apr 4, 2019

    Date

    Pending

    CRMLS: SN19056821

    $495,000

    Price

  • Mar 17, 2019

    Date

    Active Under Contract

    CRMLS: SN19056821

    $495,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: SN19056821

    $495,000

    Price

  • Listing provided courtesy of CRMLS

    Townhouse style duplex on a corner lot in North Chico with two identical units. Each unit features 3 bedrooms and 2 full bathrooms with a single car garage. Open floor plan downstairs features the kitchen, family room and dining area with a full bathroom. All bedrooms and a full bath upstairs. This duplex has been well maintained by it's original owner. The exterior and interior of unit #2 have been painted within recent years. No HOA!

  • April, 2019

  • Apr 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $503,500

    Price

Show More

Tax History for 562 Morgan Dr

Assessed Value (2020): $513,570
Year Land Value Improved Value Assessed Value
2020 $153,000 $360,570 $513,570

Home Value Compared to the Market

This property vs the competition

562 Morgan Dr sold on September 29, 2023 for 15.79% higher than the current median sold price for the city of Chico which is $475,000. The median sold price per/sqft for Chico is $293 and this home is sold at $216.71 per/sqft which puts the price per square foot 26.04% lower than the current median sale per square foot for the city of Chico.

About 562 Morgan Dr

Detailed summary of property

562 Morgan Dr is a duplex that recently sold in Chico, CA 95973. This duplex offered 6 bedrooms, 4 bathrooms, roughly 2,538 living square feet, and sits on an approximately 6,970 square foot lot. 562 Morgan Dr was first listed on ArdentRealEstateGroup.com on June 12, 2023. The homeowner sold the property for $550,000. Home in Chico are selling for a median price of $475,000 and a median price per square foot of $293. Based on Ardent Real Estate Group's Chico Market Data, this home is sold 15.79% higher than the current median priced home. Local homes that are currently for sale include 172 E 43rd ST, 700 W 53rd St and 110 W 48th St. While the average home in Chico, CA is selling in 61 days, 562 Morgan Dr has a days on market of 75 days. There are currently 257 homes for sale in the Chico real estate market and 233 of them are single family homes while 24 of them are condos and 0 are townhomes. For more information on this home for sale at 562 Morgan Dr Chico, CA 95973 contact Ardent Real Estate Group and we will put you in touch with one of our Chico agents.

Public Facts for 562 Morgan Dr

Public county record property details
Beds
3
Baths
2
Year built
2006
Sq. Ft.
2,538
Lot Size
6,969
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Butte
Lot#
--
APN
007-220-053-000

The source for these homes facts are from public records.

95973 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$304
Median Sold Price
$475,000
Median Sold Price/Sq.Ft.
$299
Total Inventory
101
Median Sale to List Price %
91.02%
Avg Days on Market
33
Loan Type
Conventional (45%), FHA (10%), VA (5%), Cash (30%), Other (10%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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