NOT LISTED FOR SALE

283 Pacific Dr Paradise, CA 95969

Estimated Value: $442,831 - $579,000

0.37 Acre
$1,369,481 Price per Acre
16,117 Sq Ft Lot

Last Sold June 15, 2021

Last sale price $45,200 $44 Per Sq Ft

Est. 1,021% increase in value since last sale

Current estimated payment $3,039/month

4 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • Rectangular Lot
  • No HOA

About This Lot

As of June 2021

This .37 acre lot is located in a fantastic neighborhood in lower Paradise. Many homes in the neighborhood survived the fire, with several completed new builds and custom homes in progress.. Just off Skyway below Neal Road makes this lot so convenient to both Chico and Paradise. The lot backs up to the Paradise Memorial Trailway - great for biking, hiking, dog walking or just a little open space! Lot is level and has been cleared and ready for you to build your dream home! Lot previously had a 3 bedroom, 1 bath 1029 square foot home. Debris Removal Certification received and Tree Removal on File.

Last Agent to Sell the Property

Shane Collins

Re/Max of Chico License #01738682 Listed on: 05/27/2021

Re/Max of Chico

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 0.37 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned R1

Utilities

  • Natural Gas Connected
  • Conventional Septic

Additional Features

  • Neighborhood Views
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 051260040000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 051260040000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.80

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level, Yard
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700
  • Latitude Manual: 39.74547300

Multi Family

  • Lot Size Area: 16117.0000 Square Feet

Tax Info

  • Tax Census Tract: 22.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Saffron Development Llc
Bought by
Akash
Current Estimated Value
$506,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$279,764
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$226,944

Purchase Details

Closed on
Jan 25, 2022
Sold by
Singh Sarabjit
Bought by
Saffron Development Llc

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 11, 2021
Sold by
Reed S Trene
Bought by
Singh Sarabjit
Seller's Agent
Shane Collins
Re/Max of Chico
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$43,500
Sold Price
$45,200
Premium/Discount to List
$1,700
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.89%

Purchase Details

Closed on
May 30, 2017
Sold by
Reed S Irene
Bought by
Reed S Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.58%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Reed Merle E and Reed Irene S
Bought by
Reed Merle E and Reed Irene S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akash $425,000 Fidelity National Title
Saffron Development Llc -- None Listed On Document
Singh Sarabjit $45,500 Bidwell Title & Escrow Co
Singh Sarabjit $45,500 Bidwell Title & Escrow
Reed S Irene -- Placer Title Co
Reed Merle E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akash $318,750
Previous Owner Reed S Irene $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $45,200 +3.9% $44 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $43,500 -- $42 / 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 $4,677 $442,170 $114,444 $327,726
2024 $4,677 $433,500 $112,200 $321,300
2023 $3,653 $330,900 $45,900 $285,000
2022 $471 $45,900 $45,900 $0
2021 $98 $11,579 $11,579 $0
2020 $95 $11,461 $11,461 $0
2019 $92 $11,237 $11,237 $0
2018 $543 $53,740 $11,017 $42,723
2017 $533 $52,687 $10,801 $41,886
2016 $514 $51,655 $10,590 $41,065
2015 $505 $50,880 $10,431 $40,449
2014 $496 $49,884 $10,227 $39,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21113481

California Regional Multiple Listing Service (CRMLS)

APN: 051-260-040-000