NOT LISTED FOR SALE

Estimated Value: $242,000 - $382,000

3 Beds
2.5 Baths
1,600 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $130,000 $81 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,007/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2021

Perfect New Years Project! This 3 bedroom, 2 bath, 1600 square foot home is situated on over a half acre with a huge 2 car garage/shop. The home is in need of repairs, but has outstanding potential. The lot is level and useable and there is plenmty of room to make any and all improvements you desire. Located in the small, quiet town of Palermo, this is the perfect spot for country living without being too far from town and amenities. Affordable opportunities like this one are rare in todays market. Don't hesitate.

Last Agent to Sell the Property

Kimberly Nedelkow

Re/Max of Chico License #01462465 Listed on: 01/22/2021

Re/Max of Chico

Last Buyer's Agent

Kristjan Higdon

License #01948080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,016

Year Built

  • Built in 1955

Lot Details

  • 0.52 Acre Lot
  • Rural Setting

Parking

  • 2 Car Garage

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Shared Well
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 33-38 / 30
  • Assessor Parcel Number 026134004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,016

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 530-680-8899
  • Property Attached: No
  • View: No
  • Zoning: U
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 026134004000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1600.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 81.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Shared Well

Condo/Co-op/Association

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

Schools

  • School District: Palermo Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22651.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 30
  • Tax Census Tract: 32.00
  • Tax Lot: 33-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 22, 2021
Sold by
Dwelling Properties Iv Llc
Bought by
Contreras Dayna
Seller's Agent
Kimberly Nedelkow
Re/Max of Chico
Buyer's Agent
Kristjan Higdon
List Price
$114,900
Sold Price
$130,000
Premium/Discount to List
$15,100
13.14%
Current Estimated Value
$315,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,466
Avg. Annual Appreciation
21.31%

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 17, 2021
Sold by
Contreras Moises
Bought by
Contreras Dayna
Seller's Agent
Kimberly Nedelkow
Re/Max of Chico
Buyer's Agent
Kristjan Higdon
List Price
$114,900
Sold Price
$130,000
Premium/Discount to List
$15,100
13.14%

Purchase Details

Closed on
Sep 25, 2020
Sold by
Us Bank Trust National Association
Bought by
Dwelling Properties Iv Llc

Purchase Details

Closed on
Sep 15, 2020
Sold by
Miller William
Bought by
U S Bank Trust National Association

Purchase Details

Closed on
Sep 18, 2003
Sold by
Snow Kimberly
Bought by
Miller William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2002
Sold by
Hall Michael Dean and Hall Michelle A
Bought by
Miller William and Snow Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,575
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Contreras Dayna $130,000 Fidelity National Title
Contreras Dayna -- Fidelity National Title
Dwelling Properties Iv Llc $161,000 Accommodation
U S Bank Trust National Association $160,874 Accommodation
Miller William $52,000 Fidelity Natl Title Of Ca
Miller William $79,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller William $104,000
Previous Owner Miller William $67,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $130,000 +13.1% $81 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $114,900 -- $72 / 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 $4,016 $387,340 $132,651 $254,689
2024 $4,016 $379,746 $130,050 $249,696
2023 $3,976 $372,300 $127,500 $244,800
2022 $3,840 $358,700 $86,700 $272,000
2021 $1,743 $161,000 $85,000 $76,000
2020 $1,300 $124,942 $33,763 $91,179
2019 $1,276 $122,493 $33,101 $89,392
2018 $1,256 $120,092 $32,452 $87,640
2017 $1,221 $117,738 $31,816 $85,922
2016 $1,190 $115,431 $31,193 $84,238
2015 $1,145 $113,698 $30,725 $82,973
2014 $1,141 $111,472 $30,124 $81,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR21014563

California Regional Multiple Listing Service (CRMLS)

APN: 026-134-004-000