NOT LISTED FOR SALE

Estimated Value: $602,000 - $723,236

5 Beds
3 Baths
1,856 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2023

Last sale price $710,000 $383 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,349 / mo

11 Days on Market

Highlights

  • RV Access or Parking
  • Panoramic View
  • Contemporary Architecture
  • North Cow Creek Elementary School Rated A-
  • 5 Acre Lot
  • Cathedral Ceiling

About This Home

As of September 2023

Welcome to 22116 University Ave in Palo Cedro, California! This stunning, updated home is situated on 5 expansive and usable acres, offering a perfect blend of comfort, style, and sustainability. With the added bonus of an Accessory Dwelling Unit (ADU) and owned solar electric system, this property is truly a gem. Attention Vets! Assumable VA loan at 2.75%.
As you step inside, you'll immediately be greeted by the beauty and elegance of this home. The interior boasts a modern and tasteful design, featuring high-quality finishes and thoughtful updates throughout. The spacious living areas are filled with natural light, creating a warm and inviting atmosphere.
The well-appointed kitchen is a chef's dream, equipped with top-of-the-line appliances, ample counter space, (read More) and stylish cabinetry. Whether you're preparing a family meal or hosting a gathering with friends, this kitchen is sure to impress.
The master bedroom is a tranquil retreat, offering a serene space to unwind and relax. It features a luxurious en-suite bathroom, complete with a spa-like shower and a generous walk-in closet. The additional bedrooms are good sized and offer comfort and privacy for family members or guests.
One of the standout features of this property is the ADU, providing an excellent opportunity for multi-generational living, rental income, or a private home office. This separate living space is fully equipped with its own kitchen, bathroom, and living area, ensuring both functionality and privacy. Other features include: New roof. New HVAC. Standalone Office structure. Both houses come fully furnished, and the main house is currently a legal, successful short term rental property.
Embracing sustainability, this property features an owned 52 panel solar electric system, allowing you to enjoy reduced energy costs while minimizing your carbon footprint. Imagine the peace of mind that comes with knowing your home is environmentally friendly.
Outside, the 5-acre parcel offers endless possibilities. The land is flat and usable, making it ideal for various outdoor activities such as gardening, Pasture, Equestrian pursuits, horseback riding, or simply enjoying the epic Northern California sunshine with your Spa, Deck, and Saltwater Swimming Pool. It's a true oasis where you can create your own personal paradise.
Located in ultra-desirable Palo Cedro, this turnkey home offers a peaceful and picturesque setting while still being conveniently close to urban amenities and terrific schools. Enjoy the charm of a small town while having easy access to shopping, dining, and entertainment options of nearby Redding.
Don't miss the opportunity to make this beautiful updated home with ADU and owned solar electric yours. It's a rare find that combines modern living with a spacious property and sustainable features. experience the allure of 22116 University Ave in Palo Cedro, California.

Last Agent to Sell the Property

Skip Murphy

The Address Realty License #01423715 Listed on: 07/14/2023

Co-Listed By

Erin Murphy

The Address Realty License #01710206

Last Buyer's Agent

Corinne Trent

Progressive Management Enterpr License #01854338

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 5 Acre Lot

Parking

  • RV Access or Parking

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Ranch Property
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Schools

  • Foothill High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061-100-039

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

5 Acres

Listing Details

  • Bonds HOA: None
  • Cable Cable Connected Y N: Y
  • Directions: Hwy 44 or Hwy 299E to Deschutes to University Ave to end.
  • Kitchen Builtin Oven: None
  • Kitchen Fuel Source: Electric
  • Misc Amenities Gutters: Full
  • Misc Amenities Laundry: Hook-ups
  • Prop. Type: Residential
  • Water District Name: Bella Vista
  • Year Built: 1980
  • Lot Size Acres: 5.0
  • Road Surface Type: Gravel, Asphalt
  • Co List Office Mls Id: sha.1329
  • Co List Office Phone: 530-244-7603
  • Ownership: Seller
  • Subdivision Name: N/A
  • Architectural Style: Ranch, Contemporary
  • Reso Interior Features: Breakfast Bar, Eat-in Kitchen, Cathedral Ceiling(s), In-Law Floorplan, Vaulted Ceiling(s), High Speed Internet
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: Renovation
  • Water:Public: Yes
  • ViewMountain: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Possible Use: Horses
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition, Metal
  • View: Open, Mountain(s), Panoramic
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Parking Features: Guest, RV Access/Parking
  • RV Parking: Yes
  • Parking:Guest: Yes

Utilities

  • Electric: Public
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • WaterWaterDistrict: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Foothill

Lot Info

  • Parcel #: 061-100-039
  • Lot Dimensions: 216,929
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 6, 2023
Sold by
Bought by
Seller's Agent
Skip Murphy
The Address Realty
Buyer's Agent
Corinne Trent
Progressive Management Enterpr
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%
Views
17
Current Estimated Value
$668,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,691
Avg. Annual Appreciation
-2.04%
Original Mortgage
$674,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2018
Sold by

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 6, 2017
Sold by
Bought by
Seller's Agent
CAROL GAGE
Norcal Real Estate 4 U
Buyer's Agent
Skip Murphy
The Address Realty
List Price
$409,000
Sold Price
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$396,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Nov 13, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Palo Cedro, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$710,000 Placer Title
-- --
$396,000 First American Title Company
-- Orange Coast Title
-- Accommodation
-- --
$200,000 Chicago Title Co
-- Chicago Title
$170,000 Fidelity National Title Co
-- First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $681,500
Closed $674,500
Previous Owner $542,700
Previous Owner $80,000
Previous Owner $469,500
Previous Owner $475,000
Previous Owner $396,000
Previous Owner $172,900
Previous Owner $100,000
Previous Owner $50,000
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Sold $710,000 +1.4% $383 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $699,900 +71.1% $377 / Sq Ft
07/11/2017 07/11/17 Sold $409,000 0.0% $217 / Sq Ft View Prior Sale
05/07/2017 05/07/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $409,000 -- $217 / Sq Ft
Source: Shasta Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,106 $738,684 $145,656 $593,028
2025 $7,992 $724,200 $142,800 $581,400
2024 $5,612 $710,000 $140,000 $570,000
2023 $5,612 $484,422 $120,299 $364,123
2022 $5,314 $462,307 $117,941 $344,366
2021 $5,183 $453,243 $115,629 $337,614
2020 $5,188 $448,233 $114,444 $333,789
2019 $4,900 $424,620 $112,200 $312,420
2018 $4,629 $396,000 $110,000 $286,000
2017 $3,871 $318,207 $118,545 $199,662
2016 $3,668 $311,969 $116,221 $195,748
2015 $3,615 $307,284 $114,476 $192,808
2014 $3,558 $301,266 $112,234 $189,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-2805

Shasta Association of REALTORS®

APN: 061-100-039-000

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