$420,000
SOLD JUN 22, 2026

406 Panama Ave Chico, CA 95973

Chico Area
4 Beds
2 Baths
2,756 Sq Ft
1.51 Acre Lot

Sale Details

Date Sold: June 22, 2026

$152 Per Sq Ft

32% Below List Price

222 Days on Market

Highlights

  • RV Access or Parking
  • Custom Home
  • Wood Flooring
  • Bidwell Junior High School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of June 2026

New Price!! 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. This home needs some repairs which is reflected in the new price. Photos were taken when the home was furnished and staged.

Last Agent to Sell the Property

Elke Haldorson

eXp Realty of California, Inc. Brokerage Phone: 5303215951 License #02081306 Listed on: 10/03/2025

eXp Realty of California, Inc.

Last Buyer's Agent

Daniel Bosch

Re/Max of Chico License #01236305

Re/Max of Chico

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

Recreation

  • Hiking Trails
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

1.51 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: ML-AOD, PD
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006160034000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2756.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 152.39
  • Room Type: Laundry, Bonus Room, Kitchen, Main Floor Bedroom
  • Window Features: Bay Window(s), Screens
  • Bathroom Features: Main Floor Full Bath, Bathtub

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Wood, Concrete, Porch, Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Concrete, Paved, Direct Garage Access, RV Access/Parking, Driveway Level
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Disposal, Microwave, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Dual, Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Level with Street, Rectangular Lot, Agricultural, Back Yard
  • Lot Size: 65776
  • Lot Size Sq Ft: 65776.00
  • Lot Size Acres: 1.5100
  • Latitude Manual: 39.76107400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 65776.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $246,000 None Listed On Document
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2026 06/22/26 Sold $420,000 -13.4% $152 / Sq Ft
04/10/2026 04/10/26 Price Changed $485,000 -17.1% $176 / Sq Ft
01/05/2026 01/05/26 Price Changed $585,000 -5.6% $212 / Sq Ft
10/03/2025 10/03/25 For Sale $620,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,949 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25231386

California Regional Multiple Listing Service (CRMLS)

APN: 006-160-034-000

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