NOT LISTED FOR SALE

Estimated Value: $46,000 - $275,000

1 Bed
1 Bath
602 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $45,000 $75 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $746/month

9 Days on Market

Highlights

  • Fishing
  • Gated Community
  • Community Lake
  • All Bedrooms Downstairs
  • Lake View
  • Deck

About This Home

As of October 2022

Lake Madrone Cabin!! Grab your hammer and don’t miss out on this extremely rare opportunity to own a cabin in the gated community of Lake Madrone. This 1 bedroom 1 bath cabin plus den sits above the creek running right through the property leading to the Lake. Spend your time hiking, fishing, paddle boarding, or just relaxing on the deck after you make it yours with your finishing touches. Call to see this property today.

Last Agent to Sell the Property

Leanne Fowler

Keller Williams Realty Chico Area License #02014304 Listed on: 09/14/2022

Keller Williams Realty Chico Area

Last Buyer's Agent

Leanne Fowler

Keller Williams Realty Chico Area License #02014304 Listed on: 09/14/2022

Keller Williams Realty Chico Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Density is up to 1 Unit/Acre
  • Property is zoned TM1

Property Views

  • Lake
  • Woods

Home Design

  • Cabin
  • Split Level Home
  • Fixer Upper
  • Raised Foundation
  • Block Foundation
  • Wood Siding
  • Lap Siding
  • Shake Siding

Interior Spaces

  • 602 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Storage

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom
  • Bathtub

Parking

  • Parking Available
  • Paved Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Heating Available
  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 44,43
  • Assessor Parcel Number 062140014000

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,951

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Structure Type: Cabin
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: Yes
  • Zoning: TM1
  • Property Condition: Fixer
  • Property Sub Type: Cabin
  • Property Type: Residential
  • Parcel Number: 062140014000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 602.00 Square Feet
  • Interior Amenities: Storage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 74.75
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Foundation: Block, Raised
  • Other Structures: Storage
  • View: Lake, Trees/Woods, Water
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No
  • Construction Materials: Lap Siding, Shake Siding, Wood Siding

Garage/Parking

  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Oven
  • Heating Type: Wood Stove
  • Sewer: Septic Type Unknown
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Lake, Watersports

Schools

  • School District: Oroville Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12197.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 24.02
  • Tax Lot: 44,43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 5, 2022
Sold by
Spesert Michael and Spesert Deanna L
Bought by
Vidal Ricardo Hernandez
Seller's Agent
Leanne Fowler
Keller Williams Realty Chico Area
Buyer's Agent
Leanne Fowler
Keller Williams Realty Chico Area
List Price
$45,000
Sold Price
$45,000
Views
5
Current Estimated Value
$106,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,547
Avg. Annual Appreciation
25.54%
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
Vidal Ricardo Hernandez $45,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $45,000 0.0% $75 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $45,000 -- $75 / 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 $1,951 $46,818 $31,212 $15,606
2024 $1,951 $45,900 $30,600 $15,300
2023 $1,928 $45,000 $30,000 $15,000
2022 $935 $65,968 $27,613 $38,355
2021 $1,846 $64,675 $27,072 $37,603
2020 $1,841 $64,013 $26,795 $37,218
2019 $1,818 $62,759 $26,270 $36,489
2018 $1,797 $61,529 $25,755 $35,774
2017 $1,768 $60,323 $25,250 $35,073
2016 $1,742 $59,141 $24,755 $34,386
2015 $1,711 $58,254 $24,384 $33,870
2014 $1,699 $57,114 $23,907 $33,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22201518

California Regional Multiple Listing Service (CRMLS)

APN: 062-140-014-000