NOT LISTED FOR SALE

1265 Palmetto Ave Unit 11 Chico, CA 95926

Estimated Value: $372,000 - $562,000

3 Beds
3 Baths
1,836 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $271,000 $148 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,724/month

27 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Burning Stove
  • Wood Flooring
  • Neal Dow Elementary School Rated A-
  • Property is near public transit
  • Lawn

About This Home

As of May 2015

Great central Chico location. Walk to Bidwell Park, In Motion Fitness, and Neal Dow Elementary. Three fully remodeled bathrooms with tile floors and showers and updated fixtures. Refinished hardwood floors in all bedrooms! New tile flooring in kitchen, dining room, and hall. Large office space with built in cabinets, counters and plumbed for a sink that could make a great in-law or bonus room. Plenty of storage. New roof and gutters in 2013. Beautiful mature landscaping with auto-sprinklers system in front and back, planter boxes with herbs, berries and vegetables. Easy walk to public transit or bike to park or downtown Chico.

Last Agent to Sell the Property

Kristin Pankhurst

Chico Lifestyle Real Estate License #01477045 Listed on: 03/16/2015

Last Buyer's Agent

Kristin Pankhurst

Chico Lifestyle Real Estate License #01477045 Listed on: 03/16/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden

Home Design

  • Ranch Style House
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,836 Sq Ft Home
  • Wood Burning Stove
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Home Office
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Mirrored Closets Doors
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 045273002000

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045273002000
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1836.00
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Nook
  • Fireplace Features: Living Room, Wood Stove Insert
  • Levels: One
  • Price Per Square Foot: 147.60
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom, Office
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, In Closet, Inside, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Front Yard, Garden, Level, Lawn, Landscaped, Level with Street, Lot 10000-19999 Sqft, Paved, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinkler System, Near Public Transit
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Rei Tatjana S
Bought by
Tatjana S Rei 2024 Revocable Trust and Rei
Current Estimated Value
$466,833

Purchase Details

Closed on
Sep 18, 2020
Sold by
Rei Tatjana S and Rei Christopher L
Bought by
Rei Tatjana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 12, 2015
Sold by
Houchin Dennis and Houchin Terry
Bought by
Rei Tatjana S and Rei Christopher L
Seller's Agent
Kristin Pankhurst
Chico Lifestyle Real Estate
Buyer's Agent
Kristin Pankhurst
Chico Lifestyle Real Estate
List Price
$272,000
Sold Price
$271,000
Premium/Discount to List
-$1,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$243,900
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1996
Sold by
Hetrick William M and Hetrick Debbie L
Bought by
Houchin Dennis and Houchin Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,362
Interest Rate
7.9%
Mortgage Type
FHA
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
Tatjana S Rei 2024 Revocable Trust -- None Listed On Document
Rei Tatjana S $147,000 Mid Valley T&E Co
Rei Tatjana S $271,000 Mid Valley Title & Escrow Co
Houchin Dennis $108,000 Mid Valley Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rei Tatjana S $292,500
Previous Owner Rei Tatjana S $243,900
Previous Owner Houchin Dennis $107,362
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2015 05/19/15 Sold $271,000 -0.4% $148 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $272,000 0.0% $148 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $272,000 +0.4% $148 / Sq Ft
03/06/2015 03/06/15 Off Market $271,000 -- --
03/06/2015 03/06/15 For Sale $272,000 -- $148 / 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 $3,599 $338,740 $147,281 $191,459
2024 $3,599 $332,099 $144,394 $187,705
2023 $3,555 $325,588 $141,563 $184,025
2022 $3,496 $319,205 $138,788 $180,417
2021 $3,507 $312,947 $136,067 $176,880
2020 $3,284 $297,809 $120,881 $176,928
2019 $3,223 $291,970 $118,511 $173,459
2018 $3,163 $286,246 $116,188 $170,058
2017 $3,097 $280,634 $113,910 $166,724
2016 $2,825 $275,132 $111,677 $163,455
2015 $1,495 $152,590 $67,749 $84,841
2014 -- $150,454 $66,422 $84,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15047190

California Regional Multiple Listing Service (CRMLS)

APN: 045-273-002-000