NOT LISTED FOR SALE

4 Rain Tree Ln Chico, CA 95973

Estimated Value: $629,000 - $881,000

4 Beds
2 Baths
2,569 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $585,000 $228 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,713/month

111 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Wood Flooring
  • Shasta Elementary School Rated A-
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub

About This Home

As of January 2020

Truly amazing north Chico home! Located in the desirable Garner/ Keefer area this 4 bedrooms, 2 bath 2,569 square foot home on .88-acre corner lot with owned solar and countless amenities. Enjoy Chico summers around the beautiful salt water pool, grow your own veggies in large garden area, or just simply enjoy the shady lawn in a hammock. This garden area also offers 15 mature fruit trees: peach, apple, plum, fig, cherry, persimmon and grape vines. The well-appointed modern interior features amazing exposed aggregate and laminate flooring throughout and cozy carpet flooring in the spacious bedrooms. The open floor plan allows for great flow from the kitchen to the main living area where a wood stove/hearth will warm your home. The one of a kind atrium provides beautiful center views of the home through French doors to enjoy the cool fall mornings and evenings. Abundant natural light throughout the home give it an amazing natural feel. The warm spacious kitchen with beautifully updated quartz composite counters, black appliances and glass cook top stove have plenty of space to prepare and enjoy meals with your family. Master bath boasts a beautiful walk in shower, large jetted tub, and a plethora of storage. This home is truly a one of a kind.

Last Agent to Sell the Property

Heather Gorman

Willow & Birch Realty, Inc License #02043356 Listed on: 09/10/2019

Last Buyer's Agent

Shane Collins

Re/Max of Chico License #01738682

Re/Max of Chico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,861

Year Built

  • Built in 1978

Lot Details

  • 0.88 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Access or Parking

Home Design

  • Turnkey

Interior Spaces

  • 2,569 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Atrium Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Neighborhood Views
  • Sump Pump

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Private Pool
  • Open Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 047330031000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,861

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 047330031000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2569.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Sump Pump
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 227.72
  • Room Type: All Bedrooms Down, Bonus Room, Laundry, Living Room, Master Suite, Office, Separate Family Room, Sun, Utility Room
  • Window Features: Atrium, Skylight(s)
  • Bathroom Features: Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Jetted Tub, Remodeled, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage - Two Door, Oversized, RV Access/Parking
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop
  • Heating Type: Central, Solar, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Garden, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 38332.80
  • Lot Size Acres: 0.8800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.8800 Acres
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Jan 23, 2020
Sold by
Asarian John and Asarian Laureen D
Bought by
Ratner Jan Louise and Price James
Seller's Agent
Heather Gorman
Willow & Birch Realty, Inc
Buyer's Agent
Shane Collins
Re/Max of Chico
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$783,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,380
Avg. Annual Appreciation
5.24%
Original Mortgage
$468,000
Outstanding Balance
$414,292
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$369,088

Purchase Details

Closed on
Oct 23, 2015
Sold by
Asarian John and Asarian Lauree
Bought by
The John Asarian & Lauree D Asarian Revo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,950
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2015
Sold by
Asarian John and Asarian Lauree
Bought by
John Asarian & Laurel D Revocable Trust

Purchase Details

Closed on
Mar 27, 2008
Sold by
Asarian John and Asarian Lauree
Bought by
Asarian John and Asarian Lauree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2007
Sold by
Irrevoc Riera Ronald Alan and Irrevoc Ronald Alan Riera 2000
Bought by
Asarian John and Janak Lauree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2001
Sold by
Riera Joseph D and Riera Barbara A
Bought by
Riera Ronald Alan and Ronald Alan Riera 2000 Irrevocable Trust

Purchase Details

Closed on
Aug 27, 2000
Sold by
Korte Randall
Bought by
Riera Joseph D and Riera Barbara A
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
Ratner Jan Louise $585,000 Bidwell Title & Escrow Co
The John Asarian & Lauree D Asarian Revo -- Mid Valley Title & Escrow Co
John Asarian & Laurel D Revocable Trust -- None Available
Asarian John -- Mid Valley Title & Escrow Co
Asarian John $460,000 Bidwell Title & Escrow Co
Riera Ronald Alan -- --
Riera Joseph D $279,000 Mid Valley Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratner Jan Louise $468,000
Previous Owner The John Asarian & Lauree D Asarian Revo $310,950
Previous Owner Asarian John $417,000
Previous Owner Asarian John $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $585,000 -0.7% $228 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $589,000 -1.7% $229 / Sq Ft
12/18/2019 12/18/19 For Sale $599,000 +2.4% $233 / Sq Ft
12/10/2019 12/10/19 Off Market $585,000 -- --
12/10/2019 12/10/19 For Sale $599,000 +2.4% $233 / Sq Ft
11/29/2019 11/29/19 Off Market $585,000 -- --
11/06/2019 11/06/19 Price Changed $599,000 -6.3% $233 / Sq Ft
10/25/2019 10/25/19 Price Changed $639,000 -3.0% $249 / Sq Ft
10/17/2019 10/17/19 Price Changed $659,000 -5.7% $257 / Sq Ft
09/20/2019 09/20/19 Price Changed $699,000 -5.4% $272 / Sq Ft
09/10/2019 09/10/19 For Sale $739,000 -- $288 / 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 $6,861 $639,779 $202,323 $437,456
2024 $6,861 $627,235 $198,356 $428,879
2023 $6,778 $614,937 $194,467 $420,470
2022 $6,668 $602,880 $190,654 $412,226
2021 $6,541 $591,060 $186,916 $404,144
2020 $6,235 $552,471 $258,220 $294,251
2019 $6,043 $541,639 $253,157 $288,482
2018 $5,930 $531,020 $248,194 $282,826
2017 $5,351 $480,000 $160,000 $320,000
2016 $4,771 $460,000 $150,000 $310,000
2015 $4,471 $425,000 $130,000 $295,000
2014 -- $390,000 $115,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19195866

California Regional Multiple Listing Service (CRMLS)

APN: 047-330-031-000