NOT LISTED FOR SALE

1545 Palermo Rd Palermo, CA 95968

Palermo Neighborhood

Estimated Value: $177,000 - $294,000

1 Bed
1 Bath
632 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $170,000 $269 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,333/month

4 Days on Market

Highlights

  • Horse Property
  • View of Trees or Woods
  • Main Floor Bedroom
  • Horse Property Unimproved
  • 8.85 Acre Lot
  • No HOA

About This Home

As of March 2022

All Cash Offers only. Bring your tools, this property is a Farmer's delight and could easily be a Minimalist Lifestyle! This 8-acre parcel was developed w/ the vision of a flourishing Homestead! The property includes a diamond in the rough house that needs work yet could be a cozy and charming 1/ 1 bath "Tiny" home with nice open concept floorplan. Yes, this property is Completely fenced and has the presence of a small forest with wildlife and offers outdoor relaxation. There is an outdoor shed and 2 wells on the property. A SFWP water line runs north to south almost to the back fence line. Highway 70 is less than a minute away and makes this location an easy commute! A one-of-a-kind property with countless opportunity!

Last Agent to Sell the Property

Tara Iorg

LPT Realty License #01408937 Listed on: 01/21/2022

LPT Realty

Last Buyer's Agent

Jamie Jagears

Keller Williams Realty Chico Area License #02156315

Keller Williams Realty Chico Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1973

Lot Details

  • 8.85 Acre Lot
  • Rural Setting
  • Fenced
  • Fence is in good condition
  • Rectangular Lot
  • Garden
  • Density is 6-10 Units/Acre
  • Property is zoned A5

Interior Spaces

  • 632 Sq Ft Home
  • Formal Entry
  • Living Room
  • Views of Woods

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Well
  • Septic Type Unknown

Additional Features

  • Horse Property
  • Agricultural
  • Horse Property Unimproved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 026250034000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,929

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: A5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 026250034000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 632.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 268.99
  • Room Type: Formal Entry, Living Room, Main Floor Bedroom

Exterior Features

  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Septic Type Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Oroville Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Agricultural - Other, Garden, Horse Property, Horse Property Unimproved, Rectangular Lot
  • Lot Size Sq Ft: 385506.00
  • Lot Size Acres: 8.8500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 385506.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 33.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 25, 2022
Sold by
Peter And Sylva Meadowsong Trust
Bought by
Hoang Van
Seller's Agent
Tara Iorg
LPT Realty
Buyer's Agent
Jamie Jagears
Keller Williams Realty Chico Area
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%
Current Estimated Value
$214,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,090
Avg. Annual Appreciation
7.49%
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
Hoang Van $170,000 Mid Valley Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $170,000 +0.6% $269 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $169,000 -- $267 / 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 $1,929 $180,405 $159,181 $21,224
2024 $1,929 $176,868 $156,060 $20,808
2023 $1,907 $173,400 $153,000 $20,400
2022 $617 $55,041 $18,464 $36,577
2021 $606 $53,962 $18,102 $35,860
2020 $607 $53,410 $17,917 $35,493
2019 $596 $52,364 $17,566 $34,798
2018 $512 $51,338 $17,222 $34,116
2017 $496 $50,333 $16,885 $33,448
2016 $483 $49,347 $16,554 $32,793
2015 $464 $48,607 $16,306 $32,301
2014 $461 $47,656 $15,987 $31,669
Source: Public Records

Agents Affiliated with this Home

  • Tara Iorg

    Seller's Agent in 2022

    Tara Iorg

    LPT Realty

    (530) 321-3240

    13 in this area

    185 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jamie Jagears

    Keller Williams Realty Chico Area

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR22013096

California Regional Multiple Listing Service (CRMLS)

APN: 026-250-034-000

California Butte County Palermo 95965 Palermo

1545 Palermo Rd, Palermo, CA

This home is located at 1545 Palermo Rd, Palermo, CA 95968 since 21 January 2022 and is currently estimated at $214,595, approximately $339 per square foot. This property was built in 1973. 1545 Palermo Rd is a home located in Butte County with nearby schools including Helen M. Wilcox Elementary School, Golden Hills Elementary School, and Honcut.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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