NOT LISTED FOR SALE

1420 Sherman Ave Unit 27 Chico, CA 95926

Estimated Value: $203,000 - $258,000

2 Beds
1 Bath
867 Sq Ft
$370/mo HOA Fee

Last Sold August 31, 2023

Last sale price $199,000 $230 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,795/month

66 Days on Market

Highlights

  • Neighborhood Views
  • Patio
  • Laundry Room
  • Neal Dow Elementary School Rated A-
  • Living Room
  • Central Heating and Cooling System

About This Home

As of August 2023

Welcome to your new home in the heart of Chico! This beautiful downstairs condo is an unusual find in the sought-after Sawmill Commons community. Built in 1987, this 2 bedroom, 1 bath unit offers plenty of space with 864 square feet of living area.

Enjoy all the benefits of living in a central location with easy access to the freeway, Chico State, downtown Chico, and gorgeous Bidwell Park. Inside, you'll appreciate the convenient indoor laundry and the extra storage on the covered patio which is perfect for enjoying a seating area outdoors.

This unit also includes assigned covered parking. Just imagine living in a well-maintained community where the landscaping is expertly maintained for you. Be proud to call Sawmill Commons home- schedule your tour today!

Last Agent to Sell the Property

Sandi Bauman

Chico Homes License #01460929 Listed on: 06/07/2023

Last Buyer's Agent

Delia Hernandez

NextHome North Valley Realty License #02151769

NextHome North Valley Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 1987

Lot Details

  • 871

HOA Fees

  • $370 Monthly HOA Fees

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Patio
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • 30 Units
  • Sawmill Commons Association, Phone Number (530) 419-6032
  • Hignell HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 003470057000

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,203

Year Built

Built in 1987

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, dryer
  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 003470057000
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 867.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 229.53
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 370.00
  • Association Fee Frequency: Monthly
  • Association Name: Sawmill Commons
  • Phone: 530-419-6032
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Hignell

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • 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

Tax Info

  • Tax Census Tract: 7.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 29, 2023
Sold by
Williams Diane E
Bought by
Diaz Nancy
Seller's Agent
Sandi Bauman
Chico Homes
Buyer's Agent
Delia Hernandez
NextHome North Valley Realty
List Price
$235,000
Sold Price
$199,000
Premium/Discount to List
-$36,000
-15.32%
Total Days on Market
66
Views
111
Current Estimated Value
$221,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,152
Avg. Annual Appreciation
6.14%
Original Mortgage
$193,030
Outstanding Balance
$189,726
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$31,426

Purchase Details

Listed on
Sep 25, 2017
Closed on
Dec 15, 2017
Sold by
Hawes Chad L and Hawes Makenzie L
Bought by
Williams Diane E and Brickner William H
Seller's Agent
Michael Fortino
Coldwell Banker Select Real Estate
Buyer's Agent
MaryAnn Scott
Parkway Real Estate Co.
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$50,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2016
Sold by
Hawes Chad L
Bought by
Hawes Chad L and Hawes Makenzie L

Purchase Details

Closed on
Mar 13, 2015
Sold by
Hawes Craig and Hawes Susan G
Bought by
Hawes Chad L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Nov 18, 2014
Sold by
Hawes Susan
Bought by
Hawes Craig
Seller's Agent
Peter Michno
Next Generation Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$122,500
Sold Price
$50,000
Premium/Discount to List
-$72,500
-59.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%

Purchase Details

Listed on
Apr 16, 2014
Closed on
Nov 11, 2014
Sold by
Fannie Mae
Bought by
Hawes Craig
Seller's Agent
Peter Michno
Next Generation Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$122,500
Sold Price
$50,000
Premium/Discount to List
-$72,500
-59.18%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Gilbart Meghan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 3, 2006
Sold by
Pipkin Jesse E and Pipkin Peggy D
Bought by
Gilbart Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,520
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

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
Diaz Nancy -- Timios Title
Williams Diane E $125,000 Mid Valley Title & Escrow Co
Hawes Chad L -- None Available
Hawes Chad L $76,000 Fidelity National Title Co
Hawes Chad L -- Fidelity National Title Co
Hawes Craig -- Mid Valley Title
Hawes Craig $50,000 Mid Valley Title
Federal National Mortgage Association $123,624 None Available
Gilbart Meghan $154,500 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 Diaz Nancy $193,030
Previous Owner Williams Diane E $120,000
Previous Owner Williams Diane E $83,029
Previous Owner Williams Diane E $50,000
Previous Owner Hawes Chad L $60,800
Previous Owner Gilbart Meghan $123,520
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
08/31/2023 08/31/23 Sold $199,000 0.0% $230 / Sq Ft
07/31/2023 07/31/23 Price Changed $199,000 -7.4% $230 / Sq Ft
07/17/2023 07/17/23 Price Changed $214,999 -4.4% $248 / Sq Ft
06/29/2023 06/29/23 Price Changed $224,999 -4.3% $260 / Sq Ft
06/07/2023 06/07/23 For Sale $235,000 +88.0% $271 / Sq Ft
12/21/2017 12/21/17 Sold $125,000 -3.5% $145 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/22/2017 11/22/17 Price Changed $129,500 -4.1% $150 / Sq Ft
11/14/2017 11/14/17 For Sale $135,000 0.0% $156 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $135,000 +170.0% $156 / Sq Ft
11/26/2014 11/26/14 Sold $50,000 -33.3% $58 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
10/14/2014 10/14/14 Price Changed $75,000 -11.7% $87 / Sq Ft
09/07/2014 09/07/14 Price Changed $84,900 -10.5% $98 / Sq Ft
07/29/2014 07/29/14 Price Changed $94,900 -9.5% $110 / Sq Ft
06/25/2014 06/25/14 Price Changed $104,900 -8.7% $121 / Sq Ft
05/23/2014 05/23/14 Price Changed $114,900 -6.2% $133 / Sq Ft
04/16/2014 04/16/14 For Sale $122,500 -- $142 / 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 $2,203 $199,000 $70,000 $129,000
2023 $1,435 $135,362 $43,315 $92,047
2022 $705 $132,709 $42,466 $90,243
2021 $1,382 $130,108 $41,634 $88,474
2020 $1,378 $128,775 $41,208 $87,567
2019 $1,365 $127,500 $40,800 $86,700
2018 $1,339 $125,000 $40,000 $85,000
2017 $894 $78,700 $36,243 $42,457
2016 $816 $77,158 $35,533 $41,625
2015 $1,072 $100,000 $40,000 $60,000
2014 -- $115,400 $45,000 $70,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23070018

California Regional Multiple Listing Service (CRMLS)

APN: 003-470-057-000