NOT LISTED FOR SALE

1196 E Lassen Ave Chico, CA 95973

Studio
-- Bath
6,012 Sq Ft
0.53 Acres

About This Home

This home is located at 1196 E Lassen Ave, Chico, CA 95973. 1196 E Lassen Ave is a home located in Butte County with nearby schools including McManus (John A.) Elementary School, Bidwell Junior High School, and Pleasant Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Meghdadi Andrew and Meghdadi Annette J
Bought by
Logic Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,079,938
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2014
Sold by
Meghdadi Andrew and Meghdadi Annette
Bought by
The Meghdadi Family Trust

Purchase Details

Closed on
Aug 13, 2008
Sold by
Mbd Inc
Bought by
Meghdadi Andrew and Meghdadi Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Logic Properties Llc $3,900,000 Mid Valley Title & Escrow Co
The Meghdadi Family Trust -- None Available
Meghdadi Andrew -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logic Properties Llc $2,300,000
Previous Owner Meghdadi Andrew $775,000
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 $12,697 $1,169,024 $248,958 $920,066
2024 $12,697 $1,146,103 $244,077 $902,026
2023 $12,547 $1,123,632 $239,292 $884,340
2022 $12,345 $1,101,600 $234,600 $867,000
2021 $10,660 $950,000 $225,000 $725,000
2020 $10,740 $950,000 $225,000 $725,000
2019 $10,755 $950,000 $225,000 $725,000
2018 $13,760 $1,215,000 $350,000 $865,000
2017 $12,734 $1,125,000 $350,000 $775,000
2016 $11,038 $1,047,320 $350,000 $697,320
2015 $8,447 $788,480 $275,000 $513,480
2014 $8,011 $751,120 $230,000 $521,120
Source: Public Records

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