$380,000
SOLD JAN 12, 2018

1004 Arbutus Ave Chico, CA 95926

3 Beds
2.5 Baths
2,100 Sq Ft
0.32 Acres

Recently Sold

$181 Per Sq Ft

5% Below List Price

63 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Laundry Room
  • Neal Dow Elementary School Rated A-
  • Neighborhood Views
  • Central Heating and Cooling System

About This Home

As of January 2018

Looking for a Mid Century Modern home in Chico on a huge lot!!!! You've found it. Don't miss this opportunity to live on one of Chico's most desirable streets. Located just minutes from downtown, Bidwell Park, restaurants and shopping. Did I forget to mention this homes has been featured on HGTVs House Hunters in Chico!!!! Home has fresh paint exterior paint, tons of charm from the era inside, large remodeled master suite & bath, 2 spacious bedrooms with guest bath in between, kitchen has new appliances and tons of storage, huge living room, indoor laundry room with half bath, large lot with mature landscaping and large established kiwi vine that covers the arbor on the back patio. Large driveway, year old roof and RV parking. This is a sweet home in a great neighborhood.

Last Agent to Sell the Property

Sarah Nielsen

Independent Realty Group License #01459113 Listed on: 10/16/2017

Last Buyer's Agent

Patricia Short

CURB License #01056725

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1951

Lot Details

  • 0.32 Acre Lot
  • Back Yard
  • Property is zoned R1

Parking

  • 1 Car Garage

Interior Spaces

  • 2,100 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 003491012000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,612

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003491012000
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2100.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 180.95
  • Room Type: Master Suite

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 13939.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jan 7, 2018
Sold by
Notheis Philip and Webber Notheis Jessica
Bought by
Smith Michael J and Deen Amanda M
Seller's Agent
Sarah Nielsen
Independent Realty Group
Buyer's Agent
Patricia Short
CURB
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$520,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,538
Original Mortgage
$304,000
Outstanding Balance
$263,339
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2016
Closed on
Feb 22, 2017
Sold by
Mcclumont Kethy
Bought by
Notheis Philip and Webber Notheis Jessica
Seller's Agent
Kym Campbell
W.M. Campbell Real Estate
Buyer's Agent
Sarah Nielsen
Independent Realty Group
List Price
$425,000
Sold Price
$357,400
Premium/Discount to List
-$67,600
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$285,920
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $380,000 Mid Valley Title & Escrow Co
Grant Deed $362,954 Bidweek Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,000 New Conventional
Previous Owner $285,920 Adjustable Rate Mortgage/ARM
Previous Owner $120,000 Credit Line Revolving
Previous Owner $120,000 Credit Line Revolving
Previous Owner $29,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $380,000 -2.6% $181 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
12/09/2017 12/09/17 Price Changed $390,000 -2.3% $186 / Sq Ft
11/27/2017 11/27/17 For Sale $399,000 0.0% $190 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $399,000 +11.6% $190 / Sq Ft
02/23/2017 02/23/17 Sold $357,400 -10.6% $170 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
08/10/2016 08/10/16 Price Changed $399,900 -5.9% $190 / Sq Ft
07/13/2016 07/13/16 For Sale $425,000 +18.9% $202 / Sq Ft
01/15/2016 01/15/16 Off Market $357,400 -- --
01/15/2016 01/15/16 For Sale $425,000 +18.9% $202 / Sq Ft
12/15/2015 12/15/15 Off Market $357,400 -- --
09/19/2015 09/19/15 For Sale $425,000 -- $202 / 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
2024 $4,612 $423,893 $167,325 $256,568
2023 $4,556 $415,583 $164,045 $251,538
2022 $4,481 $407,435 $160,829 $246,606
2021 $4,395 $399,447 $157,676 $241,771
2020 $4,382 $395,352 $156,060 $239,292
2019 $4,301 $387,600 $153,000 $234,600
2018 $4,121 $364,140 $147,900 $216,240
2017 $2,159 $190,466 $108,774 $81,692
2016 $1,970 $186,733 $106,642 $80,091
2015 $1,970 $183,929 $105,041 $78,888
2014 $1,923 $180,327 $102,984 $77,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN17236711

California Regional Multiple Listing Service (CRMLS)

APN: 003-491-012-000