NOT LISTED FOR SALE

2904 Chico Ave Chico, CA 95928

Estimated Value: $937,000 - $1,019,000

4 Beds
2.5 Baths
3,010 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $570,000 $189 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,020/month

12 Days on Market

Highlights

  • 5.18 Acre Lot
  • Pasture Views
  • Wood Flooring
  • Chico Junior High School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2015

This 5 Acre RANCHETTE is located in a prime soil location! Approximately 4 acres of property can be used for 4H, orchards and gardens! This home features 4 bedroom / 5 baths, 3000 sq. ft. with office and a separate bonus room that includes a bathroom and kitchen which is perfect for guests! This home is made for entertaining both inside and out! If you like to cook, you'll absolutely love the kitchen! It is a chef's delight! The huge dining area will accommodate any large dinner party. The large back deck is perfect for those who enjoy outdoor meals or an evening sunset. Don't wait to view this home. It will sell quickly!

Last Agent to Sell the Property

Sherry Payne

NextHome North Valley Realty License #00639252 Listed on: 03/04/2015

NextHome North Valley Realty

Last Buyer's Agent

Sherry Payne

NextHome North Valley Realty License #00639252 Listed on: 03/04/2015

NextHome North Valley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,862

Year Built

  • Built in 1992

Lot Details

  • 5.18

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 3,010 Sq Ft Home
  • Pasture Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Range Hood
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Additional Features

  • 5.18 Acre Lot
  • Agricultural

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 039120039000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,862

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, dryer, high end refrigerator, dishwasher, microwave oven
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 039120039000
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3010.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 189.37
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Pasture
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Range Hood
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Lot Features: Agricultural
  • Lot Size Sq Ft: 225641.00
  • Lot Size Acres: 5.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 225641.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Ottoboni Gino and Ottoboni Kayla
Bought by
Ottoboni Glen Ernest and Ottoboni Kayla Ann
Current Estimated Value
$963,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$271,698
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$691,322

Purchase Details

Closed on
Feb 25, 2020
Sold by
Ottoboni Gino E and Ottoboni Kayla
Bought by
Ottoboni Gino Ernest and Ottoboni Kayla Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2017
Sold by
Ottoboni Kayla and Ottoboni Gino
Bought by
Ottoboni Kayla Ann and Ottoboni Gino Ernest

Purchase Details

Closed on
Apr 11, 2016
Sold by
Ottoboni Gino E and Ottoboni Kayla
Bought by
Ottoboni Kayla and Ottoboni Gino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 1, 2015
Sold by
Rice Alan and Zepernick Susan
Bought by
Ottoboni Gino E and Ottoboni Kayla
Seller's Agent
Sherry Payne
NextHome North Valley Realty
Buyer's Agent
Sherry Payne
NextHome North Valley Realty
List Price
$565,000
Sold Price
$570,000
Premium/Discount to List
$5,000
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$399,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Morelli Mike
Bought by
Rice Alan and Zepernick Susan

Purchase Details

Closed on
Apr 20, 2000
Sold by
Thomas Elizabeth A
Bought by
Morelli Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
9.62%
Source: Public Records

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Range of Values:

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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
Ottoboni Glen Ernest -- Chicago Title Company
Ottoboni Gino -- Chicago Title Company
Ottoboni Gino Ernest -- Fidelity Natl Ttl Co Of Ca
Ottoboni Gino E -- Fidelity Natl Ttl Co Of Ca
Ottoboni Kayla Ann -- None Available
Ottoboni Kayla -- Bidwell Title & Escrow
Ottoboni Gino E $570,000 Fidelity National Title Co
Rice Alan $389,500 Mid Valley Title & Escrow Co
Morelli Mike $299,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Intervivos Ottoboni Revocable $65,000
Open Ottoboni Gino $357,000
Closed Ottoboni Gino E $362,000
Closed Ottoboni Kayla $400,000
Previous Owner Ottoboni Gino E $399,000
Previous Owner Morelli Mike $239,200
Closed Morelli Mike $59,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $570,000 +0.9% $189 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $565,000 -- $188 / 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
2024 $7,862 $705,749 $294,566 $411,183
2023 $7,763 $691,912 $288,791 $403,121
2022 $7,637 $678,346 $283,129 $395,217
2021 $7,474 $665,046 $277,578 $387,468
2020 $7,459 $658,227 $274,732 $383,495
2019 $7,334 $645,322 $269,346 $375,976
2018 $7,163 $632,669 $264,065 $368,604
2017 $7,035 $620,265 $258,888 $361,377
2016 $6,127 $578,692 $253,812 $324,880
2015 $5,218 $478,762 $147,498 $331,264
2014 $5,120 $469,384 $144,609 $324,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15049886

California Regional Multiple Listing Service (CRMLS)

APN: 039-120-039-000