NOT LISTED FOR SALE

3287 Summit Ridge Terrace Chico, CA 95928

Canyon Oaks Neighborhood

Estimated Value: $847,856 - $960,000

3 Beds
2.5 Baths
2,620 Sq Ft
$344/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $579,000 $221 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,493/month

28 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Gated Community
  • Sierra View Elementary School Rated A
  • Panoramic View
  • Deck

About This Home

As of July 2015

Fabulous Tuscan style custom home with spectacular views of the Sutter Buttes, coast mountains, valley and city lights from many of the rooms, deck and backyard. The outside features a custom designed pool and spa with a waterfall, large tiled covered deck, extensive patios, and garden area. The interior features a gourmet kitchen with cherry wood cabinets, commercial grade Dacor range and large granite island, custom designed fireplace and mantle in the great room, extensive tile floors, solid core doors central vacuum, security system and much more. It has an oversized 3 car garage perfect for your hobbies and golf cart!!

Last Agent to Sell the Property

Dennis Deromedi

Deromedi and Associates Real License #00757576 Listed on: 05/28/2015

Last Buyer's Agent

Teresa Larson

Parkway Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,348

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Valley

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,620 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Coffered Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Formal Entry
  • Great Room with Fireplace
  • Home Office
  • Home Security System

Kitchen

  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Waterfall Pool Feature

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Central Air
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 018120084000

Community Details

Overview

  • Foothills

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,348

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, washer, dryer, microwave, stove
  • Property Attached: No
  • Security: Gated Community, Security System
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 018120084000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2620.00
  • Interior Amenities: Ceiling Fan(s), Coffered Ceiling(s), Granite Counters, Pantry, Recessed Lighting, Tile Counters, Vacuum Central, Wet Bar
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room, Zero Clearance
  • Levels: One
  • Price Per Square Foot: 220.99
  • Room Type: Den, Formal Entry, Great Room, Jack & Jill, Master Suite, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: Heated, In Ground, Private

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: City Lights, Hills, Mountain(s), Panoramic, Valley
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered, Concrete, Deck, Patio, Tile
  • Pool Features: Gunite, In Ground, Private, Waterfall
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Gas Cooktop, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Tankless Water Heater
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Foothills, Street Lights

Lot Info

  • Lot Features: Landscaped, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 10454.00
  • Price Per Lot Square Foot: 55.39
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Aug 31, 2015
Sold by
Sorenson Kelly L
Bought by
Sorenson Kelly L and The Kelly L Sorenson Family Trust
Seller's Agent
Dennis Deromedi
Deromedi and Associates Real
Buyer's Agent
Teresa Larson
Parkway Real Estate Co.
List Price
$589,000
Sold Price
$579,000
Premium/Discount to List
-$10,000
-1.7%
Total Days on Market
28
Current Estimated Value
$900,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,964
Avg. Annual Appreciation
4.38%
Original Mortgage
$304,000
Outstanding Balance
$242,691
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$642,309

Purchase Details

Listed on
May 28, 2015
Closed on
Jul 2, 2015
Sold by
Sawicky Jay B and Sawicky Deborah A
Bought by
Sorenson Kelly L
Seller's Agent
Dennis Deromedi
Deromedi and Associates Real
Buyer's Agent
Teresa Larson
Parkway Real Estate Co.
List Price
$589,000
Sold Price
$579,000
Premium/Discount to List
-$10,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$242,691
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$642,309

Purchase Details

Listed on
Aug 9, 2013
Closed on
Dec 3, 2013
Sold by
Fulton Robert C and Wallace Jennifer
Bought by
Sawicky Jay B and Sawicky Deborah A
Seller's Agent
Dennis Deromedi
Deromedi and Associates Real
Buyer's Agent
Dennis Deromedi
Deromedi and Associates Real
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$417,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Fulton Robert
Bought by
Fulton Robert C and Wallace Jennifer

Purchase Details

Closed on
Oct 30, 2006
Sold by
Galli Designs Inc
Bought by
Manna Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,326
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Sorenson Kelly L -- Mid Valley Title & Escrow Co
Sorenson Kelly L $579,000 Mid Valley Title & Escrow Co
Sawicky Jay B $525,000 Mid Valley Title & Escrow Co
Fulton Robert C -- None Available
Manna Jennifer $719,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorenson Kelly L $100,000
Open Sorenson Kelly L $304,000
Previous Owner Sawicky Jay B $417,000
Previous Owner Fulton Robert C $376,000
Previous Owner Fulton Robert $400,000
Previous Owner Manna Jennifer $707,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $579,000 -1.7% $221 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $589,000 0.0% $225 / Sq Ft
05/28/2015 05/28/15 Price Changed $589,000 +1.7% $225 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $579,000 +10.3% $221 / Sq Ft
12/05/2013 12/05/13 Sold $525,000 -2.6% $200 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/31/2013 10/31/13 Price Changed $539,000 -5.3% $206 / Sq Ft
10/02/2013 10/02/13 Price Changed $569,000 -4.4% $217 / Sq Ft
09/01/2013 09/01/13 Price Changed $595,000 -4.8% $227 / Sq Ft
08/09/2013 08/09/13 For Sale $625,000 -- $239 / 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 $7,348 $671,971 $249,522 $422,449
2023 $7,260 $658,796 $244,630 $414,166
2022 $7,143 $645,880 $239,834 $406,046
2021 $7,007 $633,217 $235,132 $398,085
2020 $6,987 $626,726 $232,722 $394,004
2019 $6,858 $614,438 $228,159 $386,279
2018 $6,731 $602,391 $223,686 $378,705
2017 $6,594 $590,580 $219,300 $371,280
2016 $6,016 $579,000 $215,000 $364,000
2015 $5,718 $535,489 $178,496 $356,993
2014 $5,580 $525,000 $175,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15104266

California Regional Multiple Listing Service (CRMLS)

APN: 018-120-084-000