N/A
Bedrooms
Sold for $1,550,000 · Aug 2019
SOLDListed at $1,595,000
2805 Morseman Avenue, Chico, CA 95973
Chico, CA
MLS# SN19124095
13,541 Sq Ft • Property
31 days on market
Listing Agent
Ken Winslow
Listing Agent
Keller Williams Realty Chico Area
DRE #: 00956005
Brokerage: Keller Williams Realty Chico Area
Property Details
N/A
Bathrooms
13,541 sqft
Square Feet
1985
Year Built
0.5 acres
Lot Size
$114
Price/Sq Ft
10
Garage Spaces
N/A
HOA
Property
Property Type
Description
Sale includes both 2805 and 2811 Morseman Avenue two separate parcel numbers (007-200-009 & 007-200-008). This sale is subject to 1031 Tax deferred exchange, seller is currently in escrow with replacement property. Extremely well-maintained 10 units, all 3 bedroom 2 bath, inside laundry, back yards and 1 car garages. Superb investment in todays market providing a 6.3% Cap Rate at list price. All units are on month-to-month leases except one. Each parcel has 2 duplexes and one single detached unit, totaling 5 units per parcel. Rents stated reflect nominal rental increase beginning July 1st 2019.
Listing description from the August 2019 sale, as reported to CRMLS.
Facts & Features
Details
- Stories
- 2
- Cooling
- CentralAir
- Heating
- Central
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
Sale history for 2805 Morseman Avenue
2 recorded sales
$1,550,000
Sold August 2019 · listed $1,595,000, orig. $1,750,000, on market May 2019, 31 days on market · MLS #SN19124095 · Source: CRMLS
Listing Agent: Ken Winslow · Listing Office: Keller Williams Realty Chico Area · Contact: 530-809-3700 · Bought with: John Barroso · Parkway Real Estate Co.
$1,250,000
Sold October 2015 · listed $1,350,000, orig. $1,500,000, on market April 2015, 183 days on market · MLS #CH15101118 · Source: CRMLS
Listing Agent: Phil Larios · Listing Office: Hignell Incorporated · Contact: 530-894-0404 · Bought with: Ken Winslow · Keller Williams Realty Chico
How this sale compares
2805 Morseman Avenue sold for $1,550,000 in August 2019, 2.8% under its $1,595,000 list price, after 31 days on the market. It was first listed at $1,750,000. Across 274 closed sales in 95973 over the last 12 months, the median sold price is $487,000 and the median is $300 per square foot.
$300
95973 median per sq ft (12 mo)
$487,000
95973 median sold price (12 mo)
274
Closed sales in 95973 (12 mo)
31
Days on market
−2.8%
Sold vs. list price
| Quarter | Closed sales in 95973 | Median sold price |
|---|---|---|
| Q1 2026 | 19 | $427,000 |
| Q2 2026 | 110 | $499,000 |
| Q3 2026 | 114 | $450,000 |
| Q4 2026 | 31 | $490,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Chico · Homes for sale in 95973
Recent sales near 2805 Morseman Avenue
Sold $80,000SOLD2bd2ba1,440 sqft701 E Lassen 297Sold Sep 2026 · 0.1 mieXp Realty of California, Inc. | DRE #01733675Buyer's agent: Tina Peters, eXp Realty of California, Inc. | DRE #01733675
Sold $53,000SOLD2bd2ba1,040 sqft982 E Lassen Avenue 20Sold Oct 2026 · 0.2 miCentury 21 Select Real Estate, Inc. | DRE #01084946Buyer's agent: Sherry Calbert, Century 21 Select Real Estate, Inc. | DRE #01084946
Sold $78,000SOLD3bd2ba1,440 sqft701 E Lassen Avenue 130Sold Sep 2026 · 0.3 miRE/MAX GOLD | DRE #01444486Buyer's agent: Benedetta Worthington, EXP Realty of Northern California, Inc. | DRE #02398832
Sold $269,950SOLD3bd2ba1,206 sqft2955 BurnapSold Sep 2026 · 0.3 miColdwell Banker Select Real Estate | DRE #00787674Buyer's agent: Sergio Sanchez, Thrive Real Estate Company | DRE #02131249
Sold $490,000SOLD4bd3ba1,811 sqft3 Liston CourtSold Oct 2026 · 0.4 miKeller Williams Realty Chico Area | DRE #02190192Buyer's agent: General NONMEMBER, NONMEMBER MRML
Sold $470,000SOLD3bd3ba1,547 sqft3103 Steiner LaneSold Oct 2026 · 0.4 mieXp Realty of California, Inc. | DRE #02104248Buyer's agent: Lulu Pimentel, eXp Realty of California, Inc. | DRE #02205046
Sold $54,950SOLD2bd2ba1,375 sqft567 E Lassen 610Sold Sep 2026 · 0.5 miCentury 21 Select Real Estate, Inc. | DRE #01989305Buyer's agent: Sierra Haskins, LPT Realty | DRE #02146483
Sold $389,900SOLD3bd2ba1,170 sqft1005 Rushmore AvenueSold Sep 2026 · 0.8 miCentury 21 Select Real Estate, Inc. | DRE #02254623Buyer's agent: Sandy Hufford, Century 21 Select Real Estate Inc | DRE #01708849
Closed sales reported in 95973, nearest first, last 12 months. All recent sales in Chico →
Explore Chico
CRMLS
MLS# SN19124095
Listed: 5/28/2019
© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 8/23/2019. 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 deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: Keller Williams Realty Chico Area
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.