NOT LISTED FOR SALE

1420 Sherman Ave Unit 25 Chico, CA 95926

Estimated Value: $188,000 - $222,000

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

Last Sold October 02, 2018

Last sale price $140,000 $152 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,527/month

14 Days on Market

Highlights

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

About This Home

As of October 2018

Cozy condo in The Sawmill Commons complex. This 2-bedroom, 2-bath downstairs unit has fresh paint throughout, including kitchen cabinets, and a recently updated hall bathroom. The washer/dryer combo is included. The 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: 07/30/2018

Last Buyer's Agent

Steve Valencia

Chico Discount Realty License #1031554

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • 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
  • 2 Full Bathrooms

Parking

  • 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 003470055000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,620

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: 003470055000
  • 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: 152.17
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Detached Carport

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, Dues Paid Monthly
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Hignell & Hignell
  • Phone: 894-0404
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Chico Unified

Lot Info

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 27, 2018
Sold by
Wood Mallory D
Bought by
Wood Curtis M
Seller's Agent
Aaron Jay
City of Trees Realty
Buyer's Agent
Steve Valencia
Chico Discount Realty
List Price
$140,000
Sold Price
$140,000
Total Days on Market
14
Current Estimated Value
$205,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,984
Avg. Annual Appreciation
5.95%
Original Mortgage
$135,800
Outstanding Balance
$119,632
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$86,352

Purchase Details

Closed on
Jan 11, 2018
Sold by
Hanich Christine A
Bought by
Hanich Christine A and Hanich Christine A

Purchase Details

Closed on
Mar 28, 2007
Sold by
Pipkin Jesse E and Pipkin Peggy M
Bought by
Hanich Richard J and Hanich Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.13%
Mortgage Type
New Conventional

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

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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
Wood Curtis M -- Bidwell Title & Escrwo Co
Wood Curtis M $140,000 Bidwell Title & Escrwo Co
Hanich Christine A -- None Available
Hanich Richard J $162,000 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 Wood Curtis M $135,800
Closed Wood Curtis M $10,000
Previous Owner Hanich Richard J $110,000
Previous Owner Hanich Richard J $112,000
Previous Owner Hill Wesley D $200,000
Previous Owner Edwards T Tim $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $140,000 0.0% $152 / Sq Ft
08/24/2018 08/24/18 For Sale $140,000 0.0% $152 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $140,000 -- $152 / 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 $1,620 $153,106 $43,743 $109,363
2023 $1,599 $150,105 $42,886 $107,219
2022 $1,572 $147,163 $42,046 $105,117
2021 $1,541 $144,278 $41,222 $103,056
2020 $1,536 $142,800 $40,800 $102,000
2019 $1,522 $140,000 $40,000 $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: SN18181951

California Regional Multiple Listing Service (CRMLS)

APN: 003-470-055-000