NOT LISTED FOR SALE

1268 E 5th Ave Chico, CA 95926

Estimated Value: $478,000 - $529,646

3 Beds
2 Baths
2,094 Sq Ft
$242/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $360,000 $172 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,037/month

174 Days on Market

Highlights

  • Solar Power System
  • No HOA
  • Breakfast Area or Nook
  • Neal Dow Elementary School Rated A-
  • Neighborhood Views
  • Separate Outdoor Workshop

About This Home

As of February 2020

This is a one owner home (58 years!) that has had lots of tender loving care over many years. The owners installed a free and clear solar system that keeps the house cool and comfortable in the summer and cozy in the winter. They say they have zero utility bills approximately 9 months of the year and in the remaining 3 months utility bills at approximately $25 per month.
There is a leased, newer Culligan water softener servicing the water to the home, and the owners will either terminate it at close of escrow or buyer can assume service and the lease.
Spacious floor plan with lots of functional living space. The unique flooring in the family room catered to the owner's avid-pinball machine collection and he had the flooring designed specifically to showcase his machines. Evident pride of ownership throughout the home, well maintained and kept meticulously clean.
The lot's left side has locked gated access for vehicles that could park from front to back the length of the fence line. Large backyard with lots of room to plant whatever is desired. Desert landscape, with a few olive trees, etc. they say has kept their landscape maintenance cost, as well as the monthly water bill, at a minimum. The sand around the desert landscaping could be easily transformed into zen gardens, as they are full of sand and ready to be raked! Raised planter beds are featured throughout the backyard. Owner was a terrific gardener.

Last Agent to Sell the Property

Robb Fairchild

Robb Fairchild Realtor License #00548630 Listed on: 08/14/2019

Last Buyer's Agent

Katee Green

Real Broker Technologies License #01474334

Real Broker Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Irregular Lot
  • Drip System Landscaping
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Level

Home Design

  • Ranch Style House
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,094 Sq Ft Home
  • Raised Hearth
  • Fireplace Features Masonry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Additional Features

  • Solar Power System
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 045550016000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,194

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 530-774-4788
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045550016000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2094.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Masonry, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 171.92
  • Room Type: All Bedrooms Down, Family Room, Galley Kitchen, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Raised, Slab
  • Other Structures: Storage, Workshop
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Chico Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Irregular Lot, Rectangular Lot, Sprinklers Drip System
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11326.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Feb 19, 2020
Sold by
Weiss Norville R and Weiss Janet L
Bought by
Hovey Darren and Hovey Esther
Seller's Agent
Robb Fairchild
Robb Fairchild Realtor
Buyer's Agent
Katee Green
Real Broker Technologies
List Price
$435,000
Sold Price
$360,000
Premium/Discount to List
-$75,000
-17.24%
Current Estimated Value
$506,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,912
Avg. Annual Appreciation
6.26%
Original Mortgage
$349,200
Outstanding Balance
$309,192
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$197,720

Purchase Details

Closed on
Oct 17, 2006
Sold by
Weiss Norville R and Weiss Janet L
Bought by
Weiss Norville R and Weiss Janet L
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
Hovey Darren $360,000 Timios Title A Ca Corp
Weiss Norville R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovey Darren $349,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $360,000 +2.9% $172 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $350,000 -11.4% $167 / Sq Ft
10/26/2019 10/26/19 Price Changed $395,000 -9.2% $189 / Sq Ft
08/14/2019 08/14/19 For Sale $435,000 -- $208 / 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 $4,194 $393,708 $164,045 $229,663
2024 $4,194 $385,989 $160,829 $225,160
2023 $4,142 $378,422 $157,676 $220,746
2022 $4,075 $371,003 $154,585 $216,418
2021 $3,996 $363,729 $151,554 $212,175
2020 $956 $83,977 $12,898 $71,079
2019 $860 $82,332 $12,646 $69,686
2018 $843 $80,719 $12,399 $68,320
2017 $824 $79,137 $12,156 $66,981
2016 $751 $77,586 $11,918 $65,668
2015 $750 $76,421 $11,739 $64,682
2014 $730 $74,925 $11,510 $63,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19196016

California Regional Multiple Listing Service (CRMLS)

APN: 045-550-016-000