NOT LISTED FOR SALE

Estimated Value: $834,000 - $1,149,000

2 Beds
1 Bath
1,125 Sq Ft
$812/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $775,000 $689 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,850/month

8 Days on Market

Highlights

  • 14.06 Acre Lot
  • Orchard Views
  • Private Yard
  • Chico Junior High School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of April 2020

11125 & 11129 Lone Pine Avenue (one parcel with frame 2-bedrooms, 1-bathroom home (partial basement), plus Manufactured home (910-030-145-000) with 2 bedrooms and 1 bathroom. Unincorporated Butte Co. at west edge of Chico. Agricultural side of Greenline. 14.06 +/- acres with 13.4 +/- acres of mostly Chandler walnut orchard planted 2012 (produced 5,623 +/- # / ac. 2019) just reaching mature production. Detached 2-car garage, plus metal shop building and two, connected, large storage/shop buildings both have metal siding/roofs and concrete floors (see full brochure for dimensions from insurance and appraisal data). Homes served by one single-phase 1.5 hp submersible domestic well (see full brochure for well-water test results-high nitrates) reverse osmosis system in kitchens of both homes. One irrigation well with 3-phase 15 hp turbine lift pump and 10 hp centrifugal booster pump for orchard solid set sprinkler system. Vina Loam, Class I soil according to NRCS. Ag-40 zoning, all or most in AO 100-year shallow flood zone per 1-6-2011 FEMA Flood Zone Maps (see full brochure for Flood Certificate). Subject to permitting, parcel may be eligible for 2nd home site per Senior County Planner 1-19-20. All water and mineral rights owned by Seller are included in the sale. Homes are occupied and use is reserved by the Seller for a period to be negotiated with Buyer. Showing by appointment, only. Seller requires Listing Broker to be present at all showings.

Last Agent to Sell the Property

Rod Carter

Agriculture And Business Professionals License #01940437 Listed on: 02/15/2020

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,479

Year Built

  • Built in 1939

Lot Details

  • 14.06 Acre Lot
  • Rural Setting
  • Wire Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Value in Land

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Orchard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Farming

  • Agricultural

Utilities

  • Central Air
  • Agricultural Well Water Source
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 039120006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,479

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Until June 1, 2020; walnut crop with Buyer reimbursing productions cost since November 1, 2019 (after June 1, 2020 crop reserved to Seller & tenant)
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Subdivision Name Other: Unincorporated Butte County
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 039120006000
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1125.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning, Free Standing
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 688.89
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Orchard
  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Off Street, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Agricultural Well, Well
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Back Yard, Front Yard, Garden, Landscaped, Lawn, Level, Sprinklers Timer, Value In Land, Yard
  • Lot Size Sq Ft: 612453.60
  • Lot Size Acres: 14.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14.0600 Acres
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
Mar 30, 2020
Sold by
Poundstone Craig and Poundstone Diane Hunter
Bought by
Stockness Greg and Stockness Jill
Seller's Agent
Rod Carter
Agriculture And Business Professionals
Buyer's Agent
John Barroso
Parkway Real Estate Co.
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Current Estimated Value
$913,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,517
Avg. Annual Appreciation
2.15%
Original Mortgage
$542,500
Outstanding Balance
$484,059
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$382,607

Purchase Details

Closed on
Sep 1, 2015
Sold by
Poundstone Craig
Bought by
Craig & Diane Poundstone Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,600
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 29, 2015
Sold by
Poundstone Craig and Poundstone Diane Hunter
Bought by
Poundstone Craig and Poundstone Diane Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,600
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 14, 2011
Sold by
Barry Genevieve and Melendy Rosemary
Bought by
Poundstone Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1997
Sold by
Nevis Tony L and Nevis Mary C
Bought by
Nevis Tony L and Nevis Mary C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stockness Greg $775,000 Mid Valley Title & Escrow Co
Craig & Diane Poundstone Living Trust -- Mid Valley Title & Escrow Co
Poundstone Craig -- None Available
Poundstone Craig -- None Available
Poundstone Craig $340,000 Bidwell Title & Escrow Co
Nevis Tony L -- Bidwell Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockness Greg $542,500
Previous Owner Craig & Diane Poundstone Living Trust $433,600
Previous Owner Poundstone Craig $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $775,000 +3.3% $689 / Sq Ft
03/02/2020 03/02/20 For Sale $750,000 0.0% $667 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $750,000 -- $667 / 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 $9,479 $815,940 $493,211 $322,729
2023 $9,235 $816,443 $483,541 $332,902
2022 $9,015 $795,259 $474,060 $321,199
2021 $8,797 $768,883 $464,765 $304,118
2020 $4,546 $392,807 $292,865 $99,942
2019 $4,422 $380,438 $287,123 $93,315
2018 $4,304 $372,697 $281,494 $91,203
2017 $4,319 $372,861 $275,975 $96,886
2016 $3,891 $359,166 $270,564 $88,602
2015 $3,877 $353,408 $266,500 $86,908
2014 $3,684 $334,548 $261,280 $73,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20033324

California Regional Multiple Listing Service (CRMLS)

APN: 039-120-006-000