$405,000
SOLD FEB 18, 2025
5 Beds
2 Baths
2,686 Sq Ft
0.7 Acres

Recently Sold

$151 Per Sq Ft

30% Below List Price

136 Days on Market

Highlights

  • 0.7 Acre Lot
  • Main Floor Bedroom
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Level Lot

About This Home

As of February 2025

Hello opportunity! If you are looking for a prime East Avenues location, this is it! This property has never been on the market before and is being sold with two parcels totaling .82 acres with alley access. Both homes have some charming features that could be salvaged and brought back to life! This could be a passion project or development opportunity. Both homes are sewer, water, electric, and gas connected. There is a lot to offer in this property, you just need the vision! SHOWN BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Hobie Jensen

Parkway Real Estate Co. Brokerage Phone: 5305919686 License #01990048 Listed on: 02/06/2024

Co-Listed By

Stephanie Jensen

Parkway Real Estate Co. Brokerage Phone: 5305919686 License #01990102

Last Buyer's Agent

Rick Sufuentes

Parkway Real Estate Co. License #01486988

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 0.7 Acre Lot
  • Level Lot
  • 003042017000
  • Value in Land
  • Property is zoned R1

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6,7 / 45
  • Assessor Parcel Number 003042019000

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003042019000
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2686.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 150.78
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 003042017000
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Level, Value In Land
  • Lot Size Sq Ft: 30492.00
  • Lot Size Acres: 0.7000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30492.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 45
  • Tax Census Tract: 7.00
  • Tax Lot: 6,7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Feb 12, 2025
Sold by
Nelson Family Trust and Feulner Carla B
Bought by
Tough Company Construction Inc
Seller's Agent
Hobie Jensen
Parkway Real Estate Co.
Buyer's Agent
Rick Sufuentes
Parkway Real Estate Co.
List Price
$575,000
Sold Price
$405,000
Premium/Discount to List
-$170,000
-29.57%
Views
107
Current Estimated Value
$514,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,219
Avg. Annual Appreciation
31.58%
Original Mortgage
$230,000
Outstanding Balance
$228,233
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Estimated Equity
$285,986

Purchase Details

Closed on
Aug 30, 2021
Sold by
Nelson Carl S
Bought by
Nelson Carl S and Nelson Family Trust

Purchase Details

Closed on
Sep 19, 2001
Sold by
Nelson Carl Steffen and Nelson Family Trust
Bought by
Nelson Carl S

Purchase Details

Closed on
Jun 23, 1997
Sold by
Nelson Carl L
Bought by
Nelson Carl Leonard and Nelson Family Trust
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 Type Sale Price Title Company
Grant Deed $405,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $405,000 -22.9% $151 / Sq Ft
10/09/2024 10/09/24 Price Changed $525,000 -8.7% $195 / Sq Ft
08/18/2024 08/18/24 For Sale $575,000 0.0% $214 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $575,000 -17.9% $214 / Sq Ft
02/06/2024 02/06/24 For Sale $700,000 -- $261 / 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 $5,752 $530,603 $212,241 $318,362
2024 $5,752 $520,200 $208,080 $312,120
2023 $5,684 $510,000 $204,000 $306,000
2022 $1,040 $99,155 $27,158 $71,997
2021 $1,019 $97,212 $26,626 $70,586
2020 $1,015 $96,216 $26,353 $69,863
2019 $995 $94,331 $25,837 $68,494
2018 $976 $92,482 $25,331 $67,151
2017 $954 $90,670 $24,835 $65,835
2016 $870 $88,894 $24,349 $64,545
2015 $868 $87,560 $23,984 $63,576
2014 $846 $85,846 $23,515 $62,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24026721

California Regional Multiple Listing Service (CRMLS)

APN: 003-042-019-000