Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    490 Posada Way Chico, CA 95973-0522
    Back to Search
    Property profile & analytics

    490 Posada Way, Chico, CA 95973-0522

    View on Map

    • Apartment buildings
    • 3,831 SF
    • 0.77 lot acres
    Off-Market
    Property ID
    US10-2966731
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    7.2%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Athletic Nerd / Theater & Performing Art Venue / Nightclub

    Property Details for 490 Posada Way

    Year built
    2003
    Construction
    WOOD
    Lot size
    0.77 lot acres
    Zone code
    R2
    Property type
    Apartment buildings
    APN
    007-310-012-000
    APU
    7310012000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 23, 2020 — Kucich Limited II LP — Deed · related $2.3M · Mechanics Bank
    Feb 28, 2017 — Warren R Heckerson Tbd Properties LLC Quit Claim Deed · related —
    Feb 28, 2017 $3,725,000 Kucich Limited II LP Jimenez Beverly R Trust Grant Deed $2.2M · Rabobank
    Jun 18, 2015 $184,000 Beverly R Jimenez Beverly R Jimenez Grant Deed · related $700k · Us Bank NA
    May 8, 2014 — Kenneth Bucho Bucho Maalouf 2012 Trust Quit Claim Deed · related —
    Jul 6, 2012 — Bucho Maalouf 2012 Trust Bucho,kenneth Quit Claim Deed · related —
    Apr 20, 2011 — Tbd Properties LLC Heckerson,warren Quit Claim Deed · related —
    Dec 17, 2009 — Heckerson W & J 2009 Trust Heckerson,warren Quit Claim Deed · related —
    Apr 16, 2007 — Jimenez Beverly R Trust Owner Name Unavailable Grant Deed · related —
    Jan 10, 2006 $226,500 Jimenez Ruben Trust Bucho,kenneth M Grant Deed —
    May 11, 2005 $223,500 Kenneth M Bucho Jimenez Ruben Trust Grant Deed —
    May 11, 2005 — Kenneth M Bucho Bucho,kenneth M Quit Claim Deed · related —
    — — Beverly R Jimenez — Deed Of Trust · related $650k · Us Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $615,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $735,000
      6.5%
      $680,000
      7%
      $630,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $742,000
      Market price range: $119k - $743k
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $755,000
      Current use
      COMMERCIAL (GENERAL)
      $1,075,000
      Change: +42% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.861
    Latitude
    39.7679
    CBSA code
    17020
    CBSA name
    CHICO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $25,880
    $312,120
    $2,028,578
    $2,340,698
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message