NOT LISTED FOR SALE

1087 Sarah Ave Chico, CA 95926

Estimated Value: $281,000 - $353,000

3 Beds
1 Bath
1,104 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $215,000 $195 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,961/month

3 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Front Porch
  • Neal Dow Elementary School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of October 2017

Affordable Chico home in convenient location! This 1950s built home features dual pane windows, newer composition roof replaced in 2013 and wall to wall carpet throughout the three great sized bedrooms and living area! This home is perfect for a first time homebuyer or investor; screaming with potential. Kitchen includes original vinyl floors, gas oven/stove, built in pantry area for additional storage and eat in dinning area large enough for a good sized dining set with ceiling fan overhead. Bathroom has been updated with wood vinyl floors, tub/shower combo and newer single sink vanity. Attached extra wide single car garage with plenty of storage space on either side. Fully fenced in private backyard ideal for entertaining! Includes large grass lawn, classic brick planters against the home and two patio areas perfect for patio furniture and a BBQ! Large side yards for additional storage or even possible dog run! Home is around the corner from freeway access, close to coffee, shopping, In-Motion Fitness and minutes from grocery stores, Bidwell Park and Downtown! Check out the 3D tour!

Last Agent to Sell the Property

Alisha Simpkins

Keller Williams Realty Chico Area License #01772692 Listed on: 09/26/2017

Keller Williams Realty Chico Area

Last Buyer's Agent

Shannon Karlstrom

Crane Realty License #01260667

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Fence is in excellent condition
  • Corner Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Composition Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 045192061000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045192061000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1104.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 194.75
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Cooktop
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Yard
  • Lot Size Sq Ft: 6534.00

Multi Family

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

Tax Info

  • Tax Census Tract: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Panzella William Joseph and Panzella Alicia Ann
Bought by
Panzella William Joseph
Current Estimated Value
$327,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$233,072
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$94,624

Purchase Details

Listed on
Sep 26, 2017
Closed on
Oct 25, 2017
Sold by
Olsen Cory
Bought by
Panzella William Joseph
Seller's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
Buyer's Agent
Shannon Karlstrom
Crane Realty
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$193,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2013
Closed on
Sep 6, 2013
Sold by
Soulliere Woodrow W
Bought by
Olson Cory
Seller's Agent
Glenn Fry
Glenn Fry Real Estate
Buyer's Agent
Alisha Simpkins
Keller Williams Realty Chico Area
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$162,011
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2000
Sold by
City Of Chico
Bought by
Soulliere Woodrow W and Soulliere Dorhanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,125
Interest Rate
8.25%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Lewis Renee Diane
Bought by
City Of Chico
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
Panzella William Joseph -- Western Resources Title
Panzella William Joseph $215,000 Mid Valley Title & Escrow Co
Olson Cory $165,000 Bidwell Title & Escrow Co
Soulliere Woodrow W $87,500 Fidelity National Title
City Of Chico $60,000 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzella William Joseph $260,000
Closed Panzella William Joseph $193,500
Previous Owner Olson Cory $162,011
Previous Owner Soulliere Woodrow W $83,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $215,000 0.0% $195 / Sq Ft
09/26/2017 09/26/17 For Sale $215,000 +30.3% $195 / Sq Ft
09/12/2013 09/12/13 Sold $165,000 -2.4% $149 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $169,000 -- $153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,658 $244,629 $113,781 $130,848
2024 $2,658 $239,833 $111,550 $128,283
2023 $2,627 $235,131 $109,363 $125,768
2022 $2,584 $230,521 $107,219 $123,302
2021 $2,536 $226,002 $105,117 $120,885
2020 $2,529 $223,686 $104,040 $119,646
2019 $2,483 $219,300 $102,000 $117,300
2018 $2,438 $215,000 $100,000 $115,000
2017 $1,976 $174,279 $68,655 $105,624
2016 $1,804 $170,862 $67,309 $103,553
2015 $1,804 $168,296 $66,298 $101,998
2014 $1,760 $165,000 $65,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17218811

California Regional Multiple Listing Service (CRMLS)

APN: 045-192-061-000