Estimated payment $3,805/month
Highlights
- RV Access or Parking
- Custom Home
- Wood Flooring
- Bidwell Junior High School Rated A-
- Deck
- Main Floor Bedroom
About This Home
Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. Don’t miss out on this one!
Listing Agent
eXp Realty of California, Inc. Brokerage Phone: 5303215951 License #02081306 Listed on: 10/03/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 1.51 Acre Lot
- Chain Link Fence
- Rectangular Lot
- Level Lot
- Back Yard
- Property is zoned ML-AOD, PD
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway Level
- RV Access or Parking
Home Design
- Custom Home
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Composition Roof
- Plaster
- Stucco
Interior Spaces
- 2,756 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Bay Window
- Window Screens
- French Doors
- Family Room with Fireplace
- Living Room with Fireplace
- Bonus Room
- Neighborhood Views
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Bathroom on Main Level
- Bathtub
Outdoor Features
- Deck
- Concrete Porch or Patio
Farming
- Agricultural
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Natural Gas Connected
- Conventional Septic
Listing and Financial Details
- Assessor Parcel Number 006160034000
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,524 | $601,800 | $229,500 | $372,300 |
| 2024 | $6,524 | $590,000 | $225,000 | $365,000 |
| 2023 | $2,746 | $245,627 | $104,348 | $141,279 |
| 2022 | $2,699 | $240,811 | $102,302 | $138,509 |
| 2021 | $2,649 | $236,091 | $100,297 | $135,794 |
| 2020 | $2,641 | $233,671 | $99,269 | $134,402 |
| 2019 | $2,593 | $229,090 | $97,323 | $131,767 |
| 2018 | $2,546 | $224,599 | $95,415 | $129,184 |
| 2017 | $2,494 | $220,196 | $93,545 | $126,651 |
| 2016 | $2,276 | $215,879 | $91,711 | $124,168 |
| 2015 | $2,276 | $212,637 | $90,334 | $122,303 |
| 2014 | $2,234 | $208,473 | $88,565 | $119,908 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $620,000 | -- | $225 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $246,000 | None Listed On Document | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25231386
APN: 006-160-034-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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