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Sold on 09/29/2023
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562 Morgan Dr, Chico, CA 95973

$560,000

Last sold 09/29/2023 for $550K

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    bed

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    bath

Multi-family not for sale
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About 562 Morgan Dr

Property type Multi-family
Year built 2006
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
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
Listing Agent - Sima Saboury
Listing Office - Porchlight Real Estate Brokers
Source: CRMLS mls logo
MLS#SN23103282 • last updated 3 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style Two, Contemporary
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.16
Lot Size (SqFt) 6970
Year Built 2006
Condition Repairs Cosmetic
Interior
Laundry Inside
Other Room(s) All Bedrooms Up
Appliances 6 Burner Stove, Dishwasher
Window Features Double Pane Windows
Exterior
Foundation Slab
Construction Stucco
Building Area Square Feet, 2538
Parking Direct Garage Access, Driveway
# Parking Spaces 1
# Garage Spaces 1
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Butte
Community Features Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Directions From Esplanade Turn Right To East Lassen Turn Left To Godman And Turn Left To Morgan Drive
APN 7220053000
Multifamily Details
Gross Spendable Income 2500
Operating Expense 14000
Expense: Insurance 2500
Total Expenses 14000
Gross Income 32752
Gross Operating Income 32752
Gross Scheduled Income 46752
$560K
Range: $522K-$597K
Last 30 days 
Rental est.: $1,355/month
Gross rent multiplier: 33.8
  • Sep 2023
    mls logo MLS # SN23103316
  • Sep 29, 2023 Sold
    $550,000
  • Aug 25, 2023 Pending
    —
  • Jun 11, 2023 Listed
    $685,000
  • Sep 2023
    mls logo MLS # SN23103282
  • Sep 29, 2023 Sold
    $550,000
  • Aug 25, 2023 Pending
    —
  • Aug 23, 2023 Price Change
    $550,000 (-19.7%)
  • Jun 11, 2023 Listed
    $685,000 (+36.0%)
  • Sep 2023
    Public Records
  • Sep 29, 2023 Sold
    $550,000
  • Apr 2019
    Public Records
  • Apr 18, 2019 Sold
    $503,500
  • Apr 2019
    mls logo MLS # SN19057137
  • Apr 18, 2019 Sold
    $503,500
  • Apr 18, 2019 Sold
    $503,500
  • Apr 4, 2019 Pending
    —
  • Mar 16, 2019 Active
    —
  • Mar 14, 2019 Listed
    $495,000
  • Mar 14, 2019 Listed
    $495,000
  • Apr 2019
    mls logo MLS # SN19056821
  • Apr 18, 2019 Sold
    $503,500 (+1.7%)
  • Apr 4, 2019 Pending
    —
  • Mar 16, 2019 Active
    —
  • Mar 14, 2019 Listed
    $495,000
  • Year Property taxes Tax assessment
  • 2024
    $6,567 +1.8%
    $561,000 +3.92%
  • 2023
    $6,452 +3.5%
    $539,851
  • 2022
    $6,231 +0.2%
    $539,851 +2.0%
  • 2021
    $6,217 +0.2%
    $529,267 +3.06%
  • 2020
    $6,202 -2.4%
    $513,570
  • 2019
    $6,351 +34.5%
    $513,570 -2.51%
  • 2018
    $4,722
    $526,766
  • 562 Morgan Dr
    $550K
  • —
  • 95973
    $549K +2% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Bidwell Junior High School
public Grades 6-8
Chico Unified School District
8/10
Pleasant Valley High School
public Grades 9-12
Chico Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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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