NOT LISTED FOR SALE

1001 Arbutus Ave Chico, CA 95926

Estimated Value: $673,000 - $731,800

3 Beds
2.5 Baths
2,326 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $630,000 $271 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,205/month

6 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Neighborhood Views
  • Neal Dow Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2019

1949 Chico Charmer! Centrally located and close to Bidwell Park, and downtown Chico. This property sits on over 1/3 acre. Home features 3 bedrooms, 2 and 1/2 bathrooms, formal dining area, 3 fireplaces, and built in storage everywhere. Enjoy the outside covered entertaining area with fireplace, that overlooks the pool, gazebo and grass area which was designed to be a regulation size croquet court (30'x60'). This is the perfect property for entertaining guests and having fun get-togethers. Come view before it's to late!

Last Agent to Sell the Property

Daniel Evans

Century 21 Select Real Estate, Inc. License #02071330 Listed on: 10/07/2019

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Sandi Bauman

Chico Homes License #01460929

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.34 Acre Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 003492005000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003492005000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2326.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom, Outside, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 270.85
  • Room Type: Master Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14810.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 12, 2019
Sold by
Petersen Kent L
Bought by
Keen Katherine and Nelson Bo
Seller's Agent
Daniel Evans
Century 21 Select Real Estate, Inc.
Buyer's Agent
Sandi Bauman
Chico Homes
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Current Estimated Value
$685,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,256
Avg. Annual Appreciation
1.97%
Original Mortgage
$484,350
Outstanding Balance
$427,024
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$281,926

Purchase Details

Closed on
Jul 5, 2017
Sold by
Peterson Coleen L
Bought by
Peterson Kent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2017
Sold by
Petersen Kent L
Bought by
Petersen Kent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2005
Sold by
Petersen Coleen L
Bought by
Petersen Kent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Keen Katherine $630,000 Bidwell Title & Escrow Co
Peterson Kent L -- Mid Valley Title & Escrow Co
Petersen Kent L -- Mid Valley Title & Escrow Co
Petersen Kent L -- Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keen Katherine $484,350
Previous Owner Peterson Kent L $50,000
Previous Owner Petersen Kent L $318,000
Closed Petersen Kent L $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $630,000 +5.2% $271 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $599,000 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,464 $688,993 $164,045 $524,948
2024 $7,464 $675,484 $160,829 $514,655
2023 $7,376 $662,240 $157,676 $504,564
2022 $7,259 $649,256 $154,585 $494,671
2021 $7,122 $636,526 $151,554 $484,972
2020 $7,102 $630,000 $150,000 $480,000
2019 $2,893 $262,662 $90,698 $171,964
2018 $2,838 $257,513 $88,920 $168,593
2017 $2,779 $252,465 $87,177 $165,288
2016 $2,535 $247,516 $85,468 $162,048
2015 $2,534 $243,799 $84,185 $159,614
2014 $2,471 $239,024 $82,536 $156,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19238092

California Regional Multiple Listing Service (CRMLS)

APN: 003-492-005-000