NOT LISTED FOR SALE

3114 Michael Way Chico, CA 95973

Estimated Value: $434,000 - $518,000

3 Beds
2 Baths
1,203 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $428,000 $356 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,872/month

4 Days on Market

Highlights

  • RV Gated
  • Solar Power System
  • No HOA
  • Neal Dow Elementary School Rated A-
  • Great Room
  • Neighborhood Views

About This Home

As of October 2021

Don't miss out on this wonderful 3bd/2ba home on over an acre! You'll love the open floor plan, bay window in the kitchen, some fresh interior paint, step down master with updated bath and outdoor access and a huge skylight making it lovely light and bright! This property also offers end of cul-de-sac location, RV/Toy parking, raised flower beds, fire ring, chicken coop (the chicken house is excluded) and a great shed/shop (with electricity) that has a ton of potential! This property has gate access to the levee, so a small portion of property is across the levee...the beautiful, mature landscaping is just lovely...sit on your stamped concrete covered patio and enjoy the peace and quiet! Hurry, this one won't last long!

Last Agent to Sell the Property

Nancy Wolfe

Thrive Real Estate Company License #01257340 Listed on: 08/20/2021

Last Buyer's Agent

Danielle Branham

Century 21 Select Real Estate, Inc. License #01495078

Century 21 Select Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1971

Lot Details

  • 1.19 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Fence is in average condition
  • Garden
  • Back and Front Yard
  • Property is zoned SR

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • RV Gated

Home Design

  • Composition Roof

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Great Room
  • Workshop
  • Carpet
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007250031000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,850

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: SR
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007250031000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1203.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 355.78
  • Room Type: All Bedrooms Down, Great Room, Master Bathroom, Master Bedroom, Workshop

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, RV Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Chico Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 51836.00
  • Lot Size Acres: 1.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 51836.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 24, 2021
Sold by
Smith Sara E
Bought by
Nielsen Holly
Seller's Agent
Nancy Wolfe
Thrive Real Estate Company
Buyer's Agent
Danielle Branham
Century 21 Select Real Estate, Inc.
List Price
$410,000
Sold Price
$428,000
Premium/Discount to List
$18,000
4.39%
Current Estimated Value
$465,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,544
Avg. Annual Appreciation
2.11%
Original Mortgage
$342,400
Outstanding Balance
$311,559
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$153,985

Purchase Details

Closed on
Oct 26, 2015
Sold by
Smith Brendan and Smith Sara
Bought by
Smith Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Smith Brendan and Smith Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2009
Sold by
Edwards Lori and Edwards Tim
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 17, 2003
Sold by
Hutton Mark A
Bought by
Edwards Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,440
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 1998
Sold by
Cripe David
Bought by
Hutton Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,172
Interest Rate
7.13%
Source: Public Records

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
Nielsen Holly $428,000 Bidwell Title & Escrow Co
Smith Sara E -- Mid Valley Title & Escrow Co
Smith Brendan $200,000 Orange Coast Title
Hsbc Bank Usa National Association $185,000 Accommodation
Edwards Lori $219,500 Fidelity Natl Title Of Ca
Hutton Mark A $87,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Holly $342,400
Previous Owner Smith Sara E $191,000
Previous Owner Smith Brendan $196,377
Previous Owner Edwards Lori $175,440
Previous Owner Hutton Mark A $60,172
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $428,000 +4.4% $356 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $410,000 -- $341 / 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 $4,850 $454,196 $212,241 $241,955
2024 $4,850 $445,291 $208,080 $237,211
2023 $4,790 $436,560 $204,000 $232,560
2022 $4,711 $428,000 $200,000 $228,000
2021 $4,454 $238,492 $119,246 $119,246
2020 $4,446 $236,048 $118,024 $118,024
2019 $4,391 $231,420 $115,710 $115,710
2018 $4,343 $226,884 $113,442 $113,442
2017 $4,291 $222,436 $111,218 $111,218
2016 $2,346 $229,076 $109,038 $120,038
2015 $2,341 $225,252 $107,401 $117,851
2014 $2,298 $221,046 $105,298 $115,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21184073

California Regional Multiple Listing Service (CRMLS)

APN: 007-250-031-000