NOT LISTED FOR SALE

3227 Summit Ridge Terrace Chico, CA 95928

Canyon Oaks Neighborhood

Estimated Value: $755,000 - $1,131,000

4 Beds
3 Baths
3,126 Sq Ft
$309/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $615,000 $197 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,781/month

8 Days on Market

Highlights

  • Filtered Pool
  • No Units Above
  • Panoramic View
  • Sierra View Elementary School Rated A
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of January 2013

Exquisite Canyon Oaks home with panoramic valley and canyon views! Well appointed with top-of-line features including 12 foot cathedral ceilings, travertine tile, hardwood floors, sub zero refrigerator, plantation shutters, custom paint, master suite with fireplace and Jacuzzi tub and large windows boasting views from every room. Spectacular backyard features gunite pool. whole house interior/exterior sound system and expansive decks and patios for outdoor entertaining. RV parking, abundant storage, central vacuum system and 3-car garage.

Last Agent to Sell the Property

Tamara Lambert

Thrive Real Estate Company License #01728469 Listed on: 11/26/2012

Last Buyer's Agent

Tamara Lambert

Thrive Real Estate Company License #01728469 Listed on: 11/26/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.61 Acre Lot
  • No Common Walls
  • No Units Located Below
  • Wrought Iron Fence
  • Partially Fenced Property
  • Drip System Landscaping
  • Corner Lot
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers Throughout Yard
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Up Slope from Street
  • Off-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Valley

Home Design

  • Custom Home
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Metal Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,126 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Roller Shields
  • Bay Window
  • Window Screens
  • Double Door Entry
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Two cooling system units
  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 018120018000

Community Details

Overview

  • Foothills

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Bocce Ball Court

Security

  • Security Service
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.61 Acres

HOA Fees

$80 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 018120018000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3126.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Wired for Sound, Vacuum Central
  • Common Walls: No Common Walls, No One Above, No One Below
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 48 Inch Or More Wide Halls, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Gas, Gas Starter, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 196.74
  • Room Type: Attic, Den, Entry, Family Room, Formal Entry, Jack & Jill, Living Room, Main Floor Bedroom, Multi-Level Bedroom, Master Suite, Walk-In Closet, Utility Room
  • Window Features: Bay Window(s), Double Pane Windows, Plantation Shutters, Roller Shields, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Raised
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Canyon, Mountain(s), Panoramic, Valley
  • Fence: Yes
  • Fencing: Partial, Wrought Iron
  • Patio And Porch Features: Covered, Concrete, Deck, Rear Porch
  • Pool Features: Filtered, Gunite, In Ground, Private
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Metal Siding, Ducts Professionally Air-Sealed, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Door Opener, Off Street, Garage Faces Side, Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Electric Oven, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Disposal, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Bocce Ball Court, Controlled Access, Dues Paid Monthly, Picnic Area, Security, Trash
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Foothills, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: Back Yard, Corners Marked, Front Yard, Landscaped, Lot 20000-39999 Sqft, Paved, Corner Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Up Slope from Street, Yard
  • Lot Size Sq Ft: 26571.00
  • Lot Size Acres: 0.6100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.6100 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2012
Closed on
Jan 2, 2013
Sold by
Axtell Erik A and Axtell Stacey C
Bought by
Margetts Stephen A and Margetts Patricia A
Seller's Agent
Tamara Lambert
Thrive Real Estate Company
Buyer's Agent
Tamara Lambert
Thrive Real Estate Company
List Price
$622,000
Sold Price
$615,000
Premium/Discount to List
-$7,000
-1.13%
Current Estimated Value
$966,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,277
Avg. Annual Appreciation
3.51%
Original Mortgage
$265,000
Outstanding Balance
$183,391
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$782,886

Purchase Details

Closed on
Jul 16, 2010
Sold by
Axtell Erik A and Axtell Stacey
Bought by
Axtell Erik A and Axtell Stacey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Sierra Asset Servicing Llc
Bought by
Axtell Erik A and Axtell Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
Olaughlin Tim and Olaughlin Paula V
Bought by
Sierra Asset Servicing L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Walters Jessica and Tucker Jerry
Bought by
Olaughlin Tim and Olaughlin Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 2004
Sold by
Walters Jessica
Bought by
Tucker Jerry and Walters Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
5.65%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Margetts Stephen A $615,000 Mid Valley Title & Escrow Co
Axtell Erik A -- Bidwell Title & Escrow Co
Axtell Erik A $535,000 Bidwell Title & Escrow Co
Sierra Asset Servicing L L C $384,562 Multiple
Olaughlin Tim $900,000 Fidelity Natl Title Co Of Ca
Tucker Jerry $527,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margetts Stephen A $265,000
Previous Owner Axtell Erik A $481,500
Previous Owner Olaughlin Tim $720,000
Previous Owner Tucker Jerry $491,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $615,000 -1.1% $197 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $622,000 -- $199 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,204 $757,317 $215,493 $541,824
2024 $8,204 $742,468 $211,268 $531,200
2023 $8,107 $727,911 $207,126 $520,785
2022 $7,978 $713,639 $203,065 $510,574
2021 $7,828 $699,647 $199,084 $500,563
2020 $7,805 $692,474 $197,043 $495,431
2019 $7,664 $678,897 $193,180 $485,717
2018 $7,523 $665,587 $189,393 $476,194
2017 $7,372 $652,537 $185,680 $466,857
2016 $6,727 $639,743 $182,040 $457,703
2015 $6,727 $630,134 $179,306 $450,828
2014 $6,564 $617,791 $175,794 $441,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12144214

California Regional Multiple Listing Service (CRMLS)

APN: 018-120-018-000

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