NOT LISTED FOR SALE

1289 Palmetto Ave Chico, CA 95926

Estimated Value: $506,062 - $572,000

4 Beds
3 Baths
1,802 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $477,000 $265 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,246/month

3 Days on Market

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Wood Flooring
  • Neal Dow Elementary School Rated A-
  • Deck
  • Modern Architecture

About This Home

As of May 2023

What an exceptional home! Talk about move-in ready! Here you will find a terrific floorplan with 2 of the 4 very spacious bedrooms having their own baths...... Yes! 2 Primary Suites with baths ensuite, plus a separate hall bath. Three bedrooms have floor to ceiling mirrored wardrobe doors. This house is very light and bright. It has undergone extensive remodeling: Dual paned vinyl windows, kitchen with high grade stainless appliances, including the refrigerator, new cabinets, quartz countertops, plumbing fixtures, tile floors and beautiful refinished hardwood floors. The kitchen and baths are super stylish. The interior of the home has just been freshly painted, new carpet installed in all bedrooms, and professionally cleaned. The large slider and windows along the back look out to a patio/cover and fully landscaped roomy backyard. Located in one of Chico's favorite mature neighborhoods. Close to schools, shopping, In Motion Fitness, Bidwell Park and much more. Roof and Pest Clearance plus Energy Retrofit Certificate are on file in the Supplements. Please note that some photos in this listing have been virtually decorated. Buyers to verify accuracy of all information contained herein and direct their questions and/or concerns to the appropriate professionals and governmental officials. See documents in supplements.

Last Agent to Sell the Property

Suzy Mann

Regency Realty License #01176204 Listed on: 04/18/2023

Last Buyer's Agent

Travis Whitehead

Keller Williams Realty Chico Area License #02162502

Keller Williams Realty Chico Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Fence is in good condition
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned R1

Parking

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

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Raised Hearth
  • Fireplace Features Masonry
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Family Room with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 535
  • Assessor Parcel Number 045273008000

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer and Dryer Patio Set
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: R1
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045273008000
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1802.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Wood Burning, Masonry, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 264.71
  • Room Type: Family Room, Two Masters
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Patio And Porch Features: Concrete, Covered, Deck
  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • 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 Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 19, 2023
Sold by
Susan F Gregory Revocable Inter Vivos Tr
Bought by
Wehunt Joanne Theresa and Wehunt Christopher Eugene
Seller's Agent
Suzy Mann
Regency Realty
Buyer's Agent
Travis Whitehead
Keller Williams Realty Chico Area
List Price
$472,000
Sold Price
$477,000
Premium/Discount to List
$5,000
1.06%
Views
43
Current Estimated Value
$538,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,766
Avg. Annual Appreciation
4.68%
Original Mortgage
$453,150
Outstanding Balance
$440,272
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$98,494

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 25, 2016
Sold by
Hyalite Invesments Inc
Bought by
Grgory Susan F and The Susan F Gregory Revocable Trust
Seller's Agent
Daniel Bosch
Re/Max of Chico
Buyer's Agent
Crystal Trott
Crystal Trott-Sharon Norlund
List Price
$329,500
Sold Price
$314,500
Premium/Discount to List
-$15,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Apr 13, 2016
Sold by
Mercer Ruth
Bought by
Hyalite Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2003
Sold by
Mercer Ruth O
Bought by
Mercer Ruth O and Ruth O Mercer Revocable Living Trust

Purchase Details

Closed on
Oct 1, 2001
Sold by
Powell J Kirk and Powell Leann M
Bought by
Mercer Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 23, 1998
Sold by
Geiger George R and Geiger Linda L
Bought by
Powell J Kirk and Powell Leann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wehunt Joanne Theresa $477,000 Mid Valley Title
Grgory Susan F $314,500 Bidwell Title & Escrow Co
Hyalite Investments Inc $205,000 None Available
Mercer Ruth O -- --
Mercer Ruth $185,000 Bidwell Title
Powell J Kirk $50,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehunt Joanne Theresa $453,150
Previous Owner Hyalite Investments Inc $205,000
Previous Owner Mercer Ruth $148,000
Previous Owner Powell J Kirk $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $477,000 +1.1% $265 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $472,000 +50.1% $262 / Sq Ft
11/07/2016 11/07/16 Sold $314,500 0.0% $175 / Sq Ft View Prior Sale
10/24/2016 10/24/16 Pending -- -- --
10/06/2016 10/06/16 Price Changed $314,500 -4.6% $175 / Sq Ft
09/09/2016 09/09/16 For Sale $329,500 -- $183 / 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 $5,380 $496,270 $176,868 $319,402
2024 $5,380 $486,540 $173,400 $313,140
2023 $4,738 $425,000 $170,000 $255,000
2022 $3,773 $343,949 $142,173 $201,776
2021 $3,700 $337,206 $139,386 $197,820
2020 $3,689 $333,749 $137,957 $195,792
2019 $3,620 $327,205 $135,252 $191,953
2018 $3,553 $320,790 $132,600 $188,190
2017 $3,479 $314,500 $130,000 $184,500
2016 $2,743 $260,300 $113,173 $147,127
2015 $2,434 $227,388 $73,745 $153,643
2014 $2,375 $222,935 $72,301 $150,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23007559

California Regional Multiple Listing Service (CRMLS)

APN: 045-273-008-000