NOT LISTED FOR SALE

2961 Grape Way Chico, CA 95973

Estimated Value: $581,000 - $669,000

3 Beds
2 Baths
1,710 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $510,000 $298 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,985/month

59 Days on Market

Highlights

  • 5.22 Acre Lot
  • Orchard Views
  • Laundry Room
  • Chico Junior High School Rated A-
  • No HOA
  • Central Air

About This Home

As of July 2019

Miniature walnut orchard in West Chico, Dream of many buyers to live in the country and own and manage this 5.24 acres of mature walnut orchard. The production is approx. $15,000 per year, give or take with 60/40 split. The home was built in 1972, 1710 sf, 3 bedrooms 2 bath with wood burning fireplace in the living room and a large living/dining room with sliding glass door to the patio. Lots of opportunity to make and update this home to your own taste. All windows were updated to double pain windows, the rest of the house including the bathrooms are original.
The detached garage is older but has lots of space to make into a workshop. The well pump is newer and it services the main home and orchard, The leach line was replaced 2018. Property profile shows 2 bedroom 2 bath but listing agent noticed it is 3/2 bath.
Year built, square footage, lot size and other information taken from Assessors’ date. Buyer to investigate all aspects of the property to their satisfaction.
All info has been obtained through sources deemed reliable however cannot be guaranteed accurate. Listing agent hasn’t verified the farm production buyer to investigate.

Last Listed By

Sima Saboury

Porchlight Real Estate Brokers License #01792124 Listed on: 05/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,181

Year Built

  • Built in 1972

Lot Details

  • 5.22 Acre Lot
  • Wire Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned A10

Home Design

  • Composition Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • Living Room with Fireplace
  • Orchard Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Rain Gutters

Utilities

  • Central Air
  • Agricultural Well Water Source
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 14
  • Assessor Parcel Number 042180027000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,181

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: A10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 042180027000
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1710.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 298.25
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Orchard
  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Roof: Composition

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Water Source: Agricultural Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 227383.00
  • Lot Size Acres: 5.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 227383.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Tract Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 26, 2019
Sold by
Myers James A
Bought by
Berge Jason Matthew and Berge Casey A
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
Robert Jeffries
Re/Max of Chico
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Total Days on Market
59
Current Estimated Value
$619,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,883
Avg. Annual Appreciation
6.53%
Original Mortgage
$400,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Myers Jimmy H
Bought by
Myers Jimmy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
6.6%
Mortgage Type
FHA

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
Berge Jason Matthew $510,000 None Available
Myers Jimmy H -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berge Jason Matthew $330,000
Closed Berge Jason Matthew $330,000
Closed Berge Jason Matthew $259,500
Closed Berge Jason Matthew $150,000
Closed Berge Jason Matthew $255,000
Closed Berge Jason Matthew $400,000
Previous Owner Myers Jimmy H $413,250
Previous Owner Myers Jimmy H $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $510,000 +2.2% $298 / Sq Ft
06/10/2019 06/10/19 Price Changed $499,000 -9.3% $292 / Sq Ft
05/28/2019 05/28/19 For Sale $550,000 -- $322 / 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 $6,181 $557,540 $294,854 $262,686
2023 $6,103 $546,609 $289,073 $257,536
2022 $5,999 $535,892 $283,405 $252,487
2021 $5,886 $525,386 $277,849 $247,537
2020 $5,869 $520,000 $275,000 $245,000
2019 $1,580 $145,701 $100,524 $45,177
2018 $1,550 $142,845 $98,553 $44,292
2017 $1,516 $140,045 $96,621 $43,424
2016 $1,383 $137,300 $94,727 $42,573
2015 $1,382 $135,240 $93,305 $41,935
2014 $1,348 $132,592 $91,478 $41,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19124332

California Regional Multiple Listing Service (CRMLS)

APN: 042-180-027-000