NOT LISTED FOR SALE

1418 Lazy Trail Dr Chico, CA 95926

Estimated Value: $596,000 - $663,000

3 Beds
2.5 Baths
2,192 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $590,000 $269 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,646/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • No HOA
  • Chico Junior High School Rated A-
  • Granite Countertops
  • Neighborhood Views

About This Home

As of January 2025

Nestled in a peaceful corner lot in Big Chico Creek Estates, this custom 3-bedroom, 2-bathroom homes offers the perfect blend of comfort, style and convenience. With its thoughtful design and abundant light, this home is ideal for those seeking both functionality and tranquility. As you enter, you'll be welcomed by a spacious gracious sitting room overlooking the garden like backyard. The formal dining room, perfect for family meals and entertaining guests is conveniently nestled between the sitting room and living room. The cozy living room features a stunning wood-beamed ceiling that creates a warm inviting atmosphere. The open and airy kitchen features an eat-up bar, solid surface counters and open seamlessly to the living area, creating a perfect flow for everyday living and gatherings. A light filled office space overlooks the backyard, offering a peaceful setting for work or creative projects. The informal dining area looks out over a lovely side garden. For added convenience, the separate laundry room is located just off the kitchen and includes its own sink. A half-bath (with floor to ceiling cabinets) is strategically positioned near the garage , offering easy access when you come home. The home has a spacious 2-car garage plus large RV storage, perfect for toys and extra storage.

Last Agent to Sell the Property

Kim Tonge

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-518-5508 License #01318330 Listed on: 11/08/2024

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Nichole Stadler

eXp Realty of California, Inc. License #02138583

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,192 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043430025000
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 043430025000
  • Year Built: 1983
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2192.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 269.16
  • Room Type: Den, Laundry, Living Room, Primary Suite
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 14375.00
  • Lot Size Acres: 0.3300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14375.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Jan 9, 2025
Sold by
Russell & Sharon Melquist Family Trust and Melquist Russell
Bought by
Aden P Wright And Samantha L Wright Living Tr and Wright
Seller's Agent
Kim Tonge
Century 21 Select Real Estate, Inc.
Buyer's Agent
Nichole Stadler
eXp Realty of California, Inc.
List Price
$585,000
Sold Price
$590,000
Premium/Discount to List
$5,000
0.85%
Views
31
Current Estimated Value
$615,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,202
Avg. Annual Appreciation
4.76%
Original Mortgage
$472,000
Outstanding Balance
$468,722
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$146,480

Purchase Details

Closed on
Jan 31, 2018
Sold by
Melquist Russell and Melquist Sharon
Bought by
Melquist Russell and Melquist Sharon

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 15, 2015
Sold by
Mcwilliams Pat and Lighty Marc W
Bought by
Melquist Russell and Melquist Sharon
Seller's Agent
Ally Gibson
Rancho Chico Real Estate
Buyer's Agent
Kim Tonge
Century 21 Select Real Estate, Inc.
List Price
$409,900
Sold Price
$385,000
Premium/Discount to List
-$24,900
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$125,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2014
Sold by
Lighty Elizabeth T
Bought by
Lighty Elizabeth Taylor and The Elizabeth Taylor Lighty Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2007
Sold by
Lighty Elizabeth T
Bought by
Lighty Elizabeth Taylor and Elizabeth Taylor Lighty Revocable Trust

Purchase Details

Closed on
Jan 28, 2003
Sold by
Faraday Rosalind
Bought by
Lighty Elizabeth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.83%
Mortgage Type
Stand Alone First
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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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
Aden P Wright And Samantha L Wright Living Tr $590,000 Old Republic Title
Melquist Russell -- None Available
Melquist Russell $385,000 Mid Valley Title
Lighty Elizabeth Taylor -- Mid Valley Title & Escrow Co
Lighty Elizabeth T -- Mid Valley Title & Escrow Co
Lighty Elizabeth Taylor -- None Available
Lighty Elizabeth T $344,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aden P Wright And Samantha L Wright Living Tr $472,000
Previous Owner Melquist Russell $125,000
Previous Owner Lighty Elizabeth T $300,000
Previous Owner Lighty Elizabeth T $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2025 01/10/25 Sold $590,000 +0.9% $269 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $585,000 0.0% $267 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $585,000 +51.9% $267 / Sq Ft
05/04/2015 05/04/15 Sold $385,000 -6.1% $176 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $409,900 -- $187 / 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 $4,958 $462,702 $156,236 $306,466
2024 $4,958 $453,630 $153,173 $300,457
2023 $4,898 $444,736 $150,170 $294,566
2022 $4,819 $436,017 $147,226 $288,791
2021 $4,727 $427,469 $144,340 $283,129
2020 $4,713 $423,086 $142,860 $280,226
2019 $4,626 $414,791 $140,059 $274,732
2018 $4,540 $406,659 $137,313 $269,346
2017 $4,455 $398,686 $134,621 $264,065
2016 $4,067 $390,870 $131,982 $258,888
2015 $4,140 $385,000 $130,000 $255,000
2014 $3,497 $325,000 $120,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24229855

California Regional Multiple Listing Service (CRMLS)

APN: 043-430-025-000