NOT LISTED FOR SALE

1412 N Cherry St Unit 2 Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $194,000 - $230,000

3 Beds
2 Baths
960 Sq Ft
$360/mo HOA Fee

Last Sold January 02, 2024

Last sale price $190,000 $198 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,640/month

65 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • Granite Countertops
  • Living Room

About This Home

As of January 2024

Opportunity is knocking!! If you're an investor looking to expand your portfolio, a parent looking for student housing, or a place to call home yourself, look no further! This is a 3 bedroom, 2 bathroom condo located just a hop, skip, and a jump from beautiful Chico State University, Historic Bidwell Mansion, Downtown Chico, a multitude of restaurants and shopping as well as spectacular Bidwell Park (did you know Bidwell Park is one of the largest municipal parks in the United States?). The unit itself offers updated laminate flooring throughout, large dual-pane windows that allow for ample natural light to stream in, a private balcony, and indoor laundry, so no need to lug your laundry anywhere. The living room is open to the dining area and the updated kitchen offers granite countertops, and plenty of cabinets for all your storage needs. Don't miss out on this opportunity, this unit will be gone in a flash! Make an appointment to view this property today!

Last Listed By

Brent Silberbauer

eXp Realty of California, Inc. License #02019819 Listed on: 09/30/2023

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1982

Lot Details

  • 871

HOA Fees

  • $360 Monthly HOA Fees

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Storage
  • Neighborhood Views
  • Pest Guard System

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Guest Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 043490002000

Community Details

Overview

  • Master Insurance
  • Cherry Wood HOA, Phone Number (530) 894-0404
  • Hignell Inc. HOA
  • Maintained Community

Pet Policy

  • Pets Allowed

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,490

Year Built

Built in 1982

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Stove/Oven
  • Price Per Unit: 195000
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 043490002000
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Storage
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 197.92
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Blinds, Screens

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Guest, Off Street, Parking Space

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Insurance, Maintenance Grounds, Trash, Pets Permitted
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Cherry Wood HOA
  • Phone: 530-894-0404
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Hignell Inc.

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lot Size Area: 871.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Number With Dishwasher: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6.04
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Dec 20, 2023
Sold by
2021 Sierra Family Trust
Bought by
Macherla Kaushik and Kopuri Aarti Gupta
Seller's Agent
Brent Silberbauer
eXp Realty of California, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Total Days on Market
65
Current Estimated Value
$208,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,522
Avg. Annual Appreciation
-0.29%
Original Mortgage
$142,500
Outstanding Balance
$140,823
Interest Rate
7.44%
Mortgage Type
Construction
Estimated Equity
$48,432

Purchase Details

Closed on
Oct 15, 2021
Sold by
Sierra David J
Bought by
Sierra David J and Sierra Christina L

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 17, 2020
Sold by
Sierra Christina
Bought by
Sierra David J
Seller's Agent
Tyler Winslow
Fathom Realty Group, Inc.
Buyer's Agent
Brent Silberbauer
eXp Realty of California, Inc.
List Price
$154,900
Sold Price
$125,000
Premium/Discount to List
-$29,900
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$93,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 13, 2020
Sold by
Sevieri Mark A and Sevieri Christine M
Bought by
Sierra David J
Seller's Agent
Tyler Winslow
Fathom Realty Group, Inc.
Buyer's Agent
Brent Silberbauer
eXp Realty of California, Inc.
List Price
$154,900
Sold Price
$125,000
Premium/Discount to List
-$29,900
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Sevieri Mark A and Sevieri Christine M
Bought by
Sevieri Mark A and Sevieri Christine M

Purchase Details

Closed on
Jun 12, 2007
Sold by
Landgraf Bridget J and Landgraf Eric A
Bought by
Sevieri Mark A and Sevieri Christine M

Purchase Details

Closed on
Jun 14, 2004
Sold by
Tillery John W and Tillery Sandie L
Bought by
Landgraf Bridget J and Landgraf Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Macherla Kaushik $190,000 Fidelity National Title Compan
Sierra David J -- None Available
Sierra David J -- Mid Valley Title & Escrow Co
Sierra David J $125,000 Mid Valley Title & Escrow Co
Sevieri Mark A -- None Available
Sevieri Mark A $157,000 Mid Valley Title & Escrow Co
Landgraf Bridget J $130,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macherla Kaushik $142,500
Previous Owner Sierra David J $93,750
Previous Owner Landgraf Bridget J $123,500
Previous Owner Greslie David R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $190,000 -2.6% $198 / Sq Ft
09/30/2023 09/30/23 For Sale $195,000 +56.0% $203 / Sq Ft
01/17/2020 01/17/20 Sold $125,000 -13.8% $130 / Sq Ft
01/14/2020 01/14/20 Price Changed $144,999 -0.7% $151 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $145,999 -2.0% $152 / Sq Ft
11/21/2019 11/21/19 Price Changed $149,000 -3.8% $155 / Sq Ft
10/11/2019 10/11/19 For Sale $154,900 -- $161 / 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
2024 $1,490 $134,022 $53,609 $80,413
2023 $1,473 $131,395 $52,558 $78,837
2022 $1,449 $128,820 $51,528 $77,292
2021 $1,422 $126,295 $50,518 $75,777
2020 $1,418 $125,000 $55,000 $70,000
2019 $1,927 $170,000 $55,000 $115,000
2018 $1,445 $127,000 $40,000 $87,000
2017 $1,429 $125,000 $35,000 $90,000
2016 $1,226 $115,000 $30,000 $85,000
2015 -- $100,000 $30,000 $70,000
2014 -- $90,000 $25,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23182749

California Regional Multiple Listing Service (CRMLS)

APN: 043-490-002-000