NOT LISTED FOR SALE

1420 Sherman Ave Unit 2 Chico, CA 95926

Estimated Value: $206,000 - $232,000

2 Beds
2 Baths
920 Sq Ft
$299/mo HOA Fee

Last Sold May 20, 2019

Last sale price $171,000 $186 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,599/month

6 Days on Market

Highlights

  • Neighborhood Views
  • Rear Porch
  • Laundry Room
  • Neal Dow Elementary School Rated A-
  • Patio
  • 1 Detached Carport Space

About This Home

As of May 2019

Move-in ready corner condo in The Sawmill Commons complex.  This clean, second floor 2-bedroom, 2-bath unit offers laminate and carpet flooring along with decorative glass bathroom doors. Washer, dryer and refrigerator are included.  The shaded back patio offers private outdoor space and a storage closet. This complex is pleasantly landscaped and well maintained. Home is centrally located and close downtown, Bidwell Park, schools, shopping, and freeway access. Don’t miss out on this great opportunity and schedule your showing today.

Last Agent to Sell the Property

Aaron Jay

City of Trees Realty License #01927255 Listed on: 04/24/2019

Last Buyer's Agent

Ken Martin

Century 21 Select Real Estate, Inc. License #01172646

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $299 Monthly HOA Fees

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Patio
  • Rear Porch

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • 30 Units
  • Hignell & Hignell Association
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 003470030000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,998

Year Built

Built in 1987

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Clothes washer/dryer combo
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 003470030000
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 920.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 185.87
  • Room Type: All Bedrooms Up, Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Rear Porch
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Water
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Hignell & Hignell
  • Phone: 894-0404
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Hignell & Hignell

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Bernhardt William F and Bernhardt Jeanne
Bought by
Lares Xochitl
Current Estimated Value
$213,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$120,691
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$92,921

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 16, 2019
Sold by
Benitez Amy N
Bought by
Bernhardt William F and Bernhardt Jeanne
Seller's Agent
Aaron Jay
City of Trees Realty
Buyer's Agent
Ken Martin
Century 21 Select Real Estate, Inc.
List Price
$165,000
Sold Price
$171,000
Premium/Discount to List
$6,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Mar 3, 2006
Sold by
Pipkin Jesse E and Pipkin Peggy D
Bought by
Benitez Amy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 19, 2003
Sold by
Elvidge Ronald P
Bought by
Edwards T Tim and Edwards Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Lares Xochitl $170,000 Bidwell Title And Escrow Co
Bernhardt William F $171,000 Mid Valley Title & Escrow Co
Benitez Amy N $170,000 Mid Valley Title & Escrow Co
Edwards T Tim $2,438,000 Fidelity Natl Title Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lares Xochitl $136,000
Previous Owner Benitez Amy N $135,900
Previous Owner Edwards T Tim $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Sold $171,000 +3.6% $186 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $165,000 -- $179 / 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 $1,998 $184,011 $54,121 $129,890
2024 $1,998 $180,404 $53,060 $127,344
2023 $1,975 $176,868 $52,020 $124,848
2022 $1,943 $173,400 $51,000 $122,400
2021 $1,906 $170,000 $50,000 $120,000
2020 $1,970 $174,420 $51,000 $123,420
2019 $1,923 $170,000 $70,000 $100,000
2018 $1,531 $135,000 $40,000 $95,000
2017 $1,473 $130,000 $45,000 $85,000
2016 $1,109 $105,000 $40,000 $65,000
2015 $1,126 $105,000 $40,000 $65,000
2014 $1,386 $130,000 $45,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19092715

California Regional Multiple Listing Service (CRMLS)

APN: 003-470-030-000