2051 Palermo Rd Palermo, CA 95968
Palermo NeighborhoodEstimated payment $921/month
About This Lot
This Prime .65-Acre Multi-Use Lot in Downtown Palermo is zoned for both Commercial and Residential use—ideal for a general store, retail shop, residence, or a unique live-work setup. The property is fully fenced and equipped with essential utilities, including a large septic system, city water access, and a power pole at the front. With its central location and flexible zoning, this property is ideal for entrepreneurs, investors, or anyone seeking to establish a home-based business. Don’t miss this exceptional development opportunity in a growing community!
Listing Agent
Re/Max of Chico Brokerage Phone: 530-896-9300 License #01274907 Listed on: 07/15/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,456
Lot Details
- 0.65 Acre Lot
- Density is up to 1 Unit/Acre
Additional Features
- Neighborhood Views
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 23-28 / 11
- Assessor Parcel Number 026144007000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,456 | $137,957 | $137,957 | -- |
| 2024 | $1,456 | $135,252 | $135,252 | $0 |
| 2023 | $1,437 | $132,600 | $132,600 | $0 |
| 2022 | $210 | $19,096 | $19,096 | $0 |
| 2021 | $207 | $18,722 | $18,722 | $0 |
| 2020 | $207 | $18,531 | $18,531 | $0 |
| 2019 | $204 | $18,168 | $18,168 | $0 |
| 2018 | $201 | $17,812 | $17,812 | $0 |
| 2017 | $196 | $17,463 | $17,463 | $0 |
| 2016 | $191 | $17,121 | $17,121 | $0 |
| 2015 | $184 | $16,864 | $16,864 | $0 |
| 2014 | $184 | $16,534 | $16,534 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $150,000 | +15.4% | -- |
| 05/24/2022 05/24/22 | Sold | $130,000 | -13.3% | -- |
| 05/18/2022 05/18/22 | For Sale | $150,000 | +15.4% | -- |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | Off Market | $130,000 | -- | -- |
| 12/28/2021 12/28/21 | Pending | -- | -- | -- |
| 07/06/2021 07/06/21 | Price Changed | $150,000 | -21.1% | -- |
| 07/27/2020 07/27/20 | For Sale | $190,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $130,000 | New Title Company Name | |
| Grant Deed | $14,000 | Mid Valley Title & Escrow Co |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25157628
APN: 026-144-007-000
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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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