$225,000
SOLD MAY 1, 2024

1121 Downing Ave Chico, CA 95926

3 Beds
1.5 Baths
1,206 Sq Ft
$460/mo HOA Fee

Recently Sold

$187 Per Sq Ft

6% Below List Price

5 Days on Market

Highlights

  • Golf Course Community
  • Gunite Pool
  • Property is near a clubhouse
  • Neal Dow Elementary School Rated A-
  • Clubhouse
  • Neighborhood Views

About This Home

As of May 2024

Come see this affordable home in a fantastic location! Welcome to Chico Oaks! Just a short walk to Bidwell Park, In Motion Fitness, Neal Dow Elementary, and Bidwell Junior High School, this Planned Unit Development boasts a tennis court, a basketball court, a relaxing swimming pool, and landscaped grounds all covered by HOA. HOA also pays for water, sewer, trash, and most exterior maintenance of your unit, including roof, gutters, and more. Relax on your private patio that includes storage and has direct access to your own covered parking. Come see what central Chico has to offer! Washer, dryer, and refrigerator included in listing price. Recent pest inspection was completed by seller and can be provided to buyer. Seller financing may be negotiated.

Last Agent to Sell the Property

Curtis Pahlka

Keller Williams Realty Chico Area License #02227720 Listed on: 03/01/2024

Keller Williams Realty Chico Area

Last Buyer's Agent

Curtis Pahlka

Keller Williams Realty Chico Area License #02227720 Listed on: 03/01/2024

Keller Williams Realty Chico Area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1977

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Planned Development

Interior Spaces

  • 1,206 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Driveway
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Gunite Pool
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Property is near a clubhouse
  • Suburban Location

Schools

  • Nelson Elementary School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 045740025000

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 60 Units
  • Chico Oaks Association, Phone Number (530) 345-6556
  • Full Service Property Management HOA
  • Maintained Community

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,232

Year Built

Built in 1977

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: PDR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 045740025000
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1206.00 Square Feet
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 186.57
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Enclosed, Patio
  • Pool Features: Association, Gunite
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Asphalt, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Pest Control, Clubhouse, Storage, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Call for Rules, Maintenance Front Yard
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: Chico Oaks
  • Phone: 5303456556
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Golf, Hiking, Horse Trails, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Full Service Property Management

Schools

  • School District: Chico Unified
  • Elementary School: Nelson
  • Elementary School: Nelson
  • Elementary School #2: NELSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Landscaped
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 26, 2024
Sold by
Stromness Rex and Miller Michele
Bought by
Albright Kathryn Ann
Seller's Agent
Curtis Pahlka
Keller Williams Realty Chico Area
Buyer's Agent
Curtis Pahlka
Keller Williams Realty Chico Area
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
56
Current Estimated Value
$292,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,244
Avg. Annual Appreciation
20.58%
Original Mortgage
$202,500
Outstanding Balance
$200,025
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Estimated Equity
$82,671

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 22, 2020
Sold by
Lewis Patsy L and The Patsy L Lewis Revocable Tr
Bought by
Stromness Rex and Miller Michele
Seller's Agent
Julie Miller
RE/MAX Gold
Buyer's Agent
Kelsey Grabin
Re/Max of Chico
List Price
$197,000
Sold Price
$190,000
Premium/Discount to List
-$7,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Lewis Patsy L
Bought by
Lewis Patsy L and Patsy L Lewis Revocable Trust
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 $225,000 Fidelity National Title Compan
Grant Deed $190,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 Seller Take Back
Previous Owner $128,100 Unknown
Previous Owner $33,700 Credit Line Revolving
Previous Owner $65,000 Unknown
Previous Owner $25,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $225,000 -6.3% $187 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $240,000 +26.3% $199 / Sq Ft
01/05/2021 01/05/21 Sold $190,000 -3.6% $158 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $197,000 0.0% $163 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $197,000 -- $163 / 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 $2,232 $229,500 $69,360 $160,140
2024 $2,232 $201,629 $53,060 $148,569
2023 $2,206 $197,676 $52,020 $145,656
2022 $2,171 $193,800 $51,000 $142,800
2021 $1,257 $111,884 $32,661 $79,223
2020 $7 $110,738 $32,327 $78,411
2019 $7 $108,568 $31,694 $76,874
2018 $7 $106,440 $31,073 $75,367
2017 $6 $104,354 $30,464 $73,890
2016 $6 $102,309 $29,867 $72,442
2015 -- $100,773 $29,419 $71,354
2014 -- $98,800 $28,843 $69,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24034838

California Regional Multiple Listing Service (CRMLS)

APN: 045-740-025-000