$460,000
SOLD JUN 28, 2024

1029 Gateway Ln Chico, CA 95926

3 Beds
2 Baths
1,924 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

6% Below List Price

104 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage
  • Chico Junior High School Rated A-
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of June 2024

Welcome to 1029 Gateway Ln. Pull up to the gorgeous front yard with tons of blossoming flowers. As you walk into this home you'll instantly see the care and pride of ownership. This home is spacious with tons of entertaining space, indoor laundry (laundry machines included), great natural light, and a huge primary bedroom with it's own door to the fantastic backyard. As you enter the backyard you'll be greeted with a huge covered patio the full length of the home. Just past that patio you'll find a farm to table paradise waiting for you, the backyard boasts more than 30 producing plants and trees including 18+ fruiting trees, multiple grapevines, and raised vegetable/herb gardens. Nestled in the middle of the yard is a Bocce Ball court to entertain all your guests. Lastly, the location is highly desired, walking distance from the elementary school, a park, shopping, restaurants, coffee and more. Not to mention walking distance from Chico State!

Last Agent to Sell the Property

Oliver Kane

Keller Williams Realty Rosevil Brokerage Phone: 9167028812 License #02079211 Listed on: 02/28/2024

Keller Williams Realty Rosevil

Last Buyer's Agent

Tanny Johnson

Coldwell Banker Select Real Estate License #00787674

Coldwell Banker Select Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 1989

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 042620040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,725

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 559-259-7129
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 042620040000
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1924.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 239.09
  • Room Type: Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • 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: Sidewalks, Street Lights

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 39.73205600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5.01
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Jun 25, 2024
Sold by
Russo Family Revocable Trust and Russo Fred
Bought by
Magnus Amy Michelle and Roske Christopher Daniel
Seller's Agent
Oliver Kane
Keller Williams Realty Rosevil
Buyer's Agent
Tanny Johnson
Coldwell Banker Select Real Estate
List Price
$489,999
Sold Price
$460,000
Premium/Discount to List
-$29,999
-6.12%
Views
118
Current Estimated Value
$488,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,620
Avg. Annual Appreciation
8.74%
Original Mortgage
$437,000
Outstanding Balance
$433,713
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$66,487

Purchase Details

Closed on
Feb 12, 2002
Sold by
Russo Alfred Vincent and Russo Rosilde
Bought by
Russo Alfred Vincent and Russo Rosilde
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 $460,000 Old Republic Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $460,000 -2.1% $239 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $469,900 -2.1% $244 / Sq Ft
04/10/2024 04/10/24 Price Changed $479,900 -2.1% $249 / Sq Ft
02/28/2024 02/28/24 For Sale $489,999 -- $255 / 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 $2,725 $252,488 $84,758 $167,730
2023 $2,691 $247,539 $83,097 $164,442
2022 $2,646 $242,686 $81,468 $161,218
2021 $2,595 $237,928 $79,871 $158,057
2020 $2,587 $235,490 $79,053 $156,437
2019 $2,539 $230,873 $77,503 $153,370
2018 $2,570 $226,347 $75,984 $150,363
2017 $2,525 $221,910 $74,495 $147,415
2016 $2,306 $217,560 $73,035 $144,525
2015 $2,306 $214,293 $71,938 $142,355
2014 $2,251 $210,096 $70,529 $139,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24040704

California Regional Multiple Listing Service (CRMLS)

APN: 042-620-040-000