$440,000
SOLD JUL 19, 2025

1516 Downing Ave Chico, CA 95926

3 Beds
2 Baths
1,275 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Wood Flooring
  • Neal Dow Elementary School Rated A-
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of July 2025

Welcome to 1516 Downing Avenue—a beautifully updated 3-bedroom, 2-bathroom home with a spacious 2-car garage, 1,275 square feet of living space, and a functional layout that lives large. Built in 1959, this home has been thoughtfully refreshed while preserving its mid-century charm.

Step inside to find refinished original hardwood floors, fresh interior paint, and updated lighting throughout—including a stylish fandelier in the dining area. The living room is expansive, with a cozy gas fireplace framed by original brick, formal dining space, and a custom ceiling detail that adds personality and dimension.

The kitchen features updated flooring, sleek concrete countertops, modern fixtures, and a charming breakfast nook. Both bathrooms have been fully renovated: the guest bath keeps a hint of its retro vibe with a new tile tub/shower combo, while the primary bath feels brand new with marble accents, a fun modern floating vanity, and creative built-in niches for storage and display.

Hall closets and primary closet have been cedar-lined, adding a touch of luxury and practicality. Step outside and you’ll find one of the home’s standout features—a massive covered awning that runs nearly the full length of the house, creating an incredible outdoor hangout space overlooking the large backyard.

Centrally located near schools, parks, and the Lindo Channel, this home offers style, comfort, and convenience in one of Chico’s most desirable neighborhoods

Last Agent to Sell the Property

Melissa Snow

NextHome North Valley Realty Brokerage Phone: 530-520-7126 License #02076263 Listed on: 05/28/2025

NextHome North Valley Realty

Last Buyer's Agent

Nate Smith

eXp Realty of California, Inc. License #01437056

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Awning
  • Insulated Windows
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 045460019000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045460019000
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1275.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 345.10
  • Room Type: All Bedrooms Down
  • Window Features: Insulated Windows
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub, Upgraded

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 18, 2025
Sold by
Aisthorpe Brett
Bought by
Aisthorpe Summer Lee
Seller's Agent
Melissa Snow
NextHome North Valley Realty
Buyer's Agent
Nate Smith
eXp Realty of California, Inc.
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Views
26
Current Estimated Value
$443,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,060
Avg. Annual Appreciation
1.59%
Original Mortgage
$155,000
Outstanding Balance
$154,738
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$288,322

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 16, 2025
Sold by
Fox Storey A
Bought by
Aisthorpe Summer Lee
Seller's Agent
Melissa Snow
NextHome North Valley Realty
Buyer's Agent
Nate Smith
eXp Realty of California, Inc.
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$154,738
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$288,322

Purchase Details

Closed on
Jul 29, 2022
Sold by
Werner Gary D and Werner Marcia C
Bought by
Fox Storey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2002
Sold by
Berger Debra D
Bought by
Werner Gary D and Werner Marcia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.84%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Berger Debra D
Bought by
Berger Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed -- Fidelity National Title Compan
Grant Deed $440,000 Fidelity National Title Compan
Grant Deed $360,000 Mid Valley Title & Escrow Comp
Grant Deed $174,000 Bidwell Title & Escrow Compa
Interfamily Deed Transfer -- Bidwell Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Previous Owner $353,479 FHA
Previous Owner $48,600 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2025 07/19/25 Sold $440,000 -4.1% $345 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $459,000 -- $360 / 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 $3,986 $374,544 $171,666 $202,878
2024 $3,986 $367,200 $168,300 $198,900
2023 $3,938 $360,000 $165,000 $195,000
2022 $2,707 $241,506 $97,437 $144,069
2021 $2,656 $236,772 $95,527 $141,245
2020 $2,649 $234,345 $94,548 $139,797
2019 $2,601 $229,751 $92,695 $137,056
2018 $2,553 $225,247 $90,878 $134,369
2017 $2,501 $220,832 $89,097 $131,735
2016 $2,283 $216,502 $87,350 $129,152
2015 $2,283 $213,251 $86,038 $127,213
2014 $2,228 $209,075 $84,353 $124,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25118512

California Regional Multiple Listing Service (CRMLS)

APN: 045-460-019-000