NOT LISTED FOR SALE

480 Lilac Ln Chico, CA 95926

Estimated Value: $392,000 - $435,000

3 Beds
2 Baths
1,160 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $390,000 $336 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,507/month

28 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • No HOA
  • Sierra View Elementary School Rated A
  • Granite Countertops
  • Neighborhood Views

About This Home

As of September 2024

Nestled near the picturesque Bidwell Park, this delightful 3-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. The bright kitchen features beautiful granite countertops with ample storage, ideal for culinary enthusiasts. Enjoy cozy evenings by the fireplace in the living room, complemented by elegant laminate flooring.
The low-maintenance backyard provides a serene outdoor space, perfect for relaxation or entertaining guests. With its prime central location, you'll have easy access to all the amenities the area has to offer. This home is a blank canvas, waiting for you to make it your own with some cosmetic updates. Don’t miss the opportunity to live in this desirable neighborhood at the end of a cul-de-sac and create the home of your dreams.

Last Agent to Sell the Property

Lea Johnson

Parkway Real Estate Co. Brokerage Phone: 530-961-2400 License #01975421 Listed on: 07/29/2024

Last Buyer's Agent

Natalie Korber

Platinum Partners Real Estate License #02062560

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence
  • Fence is in average condition
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 674
  • Assessor Parcel Number 045540040000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: refrigerator, washer & dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045540040000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1160.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 336.21
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Deck, Patio, Front Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Sep 17, 2024
Sold by
Theodore C C and Theodore Virginia M
Bought by
Miceli Steven R
Seller's Agent
Lea Johnson
Parkway Real Estate Co.
Buyer's Agent
Natalie Korber
Platinum Partners Real Estate
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Views
50
Current Estimated Value
$422,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,891
Avg. Annual Appreciation
6.53%
Original Mortgage
$350,000
Outstanding Balance
$346,066
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$76,825

Purchase Details

Closed on
Feb 10, 2021
Sold by
Woy Theodore Charles
Bought by
Theodore C Woy And Virginia M Woy Trust and Theodore M Woy And Virginia M Woy Trust

Purchase Details

Closed on
Aug 9, 2004
Sold by
Woy Theodore
Bought by
Woy Theodore C and Woy Virginia M

Purchase Details

Closed on
May 17, 2004
Sold by
Davis Lori L
Bought by
Woy Theodore

Purchase Details

Closed on
Jan 9, 2003
Sold by
Davis Earl
Bought by
Davis Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Davis Lori L and Page Davis Lori L
Bought by
Davis Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Miceli Steven R $390,000 Mid Valley Title & Escrow
Theodore C Woy And Virginia M Woy Trust -- --
Woy Theodore C -- --
Woy Theodore $232,000 Mid Valley Title & Escrow Co
Davis Lori L -- Fidelity National Title Co
Davis Lori L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miceli Steven R $350,000
Previous Owner Davis Lori L $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $390,000 -1.3% $336 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $395,000 -- $341 / 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 $3,580 $390,000 $190,000 $200,000
2024 $3,580 $323,368 $153,322 $170,046
2023 $3,537 $317,028 $150,316 $166,712
2022 $3,481 $310,813 $147,369 $163,444
2021 $3,415 $304,720 $144,480 $160,240
2020 $3,406 $301,596 $142,999 $158,597
2019 $3,344 $295,684 $140,196 $155,488
2018 $3,002 $265,000 $130,000 $135,000
2017 $2,999 $265,000 $135,000 $130,000
2016 $2,635 $250,000 $135,000 $115,000
2015 $2,515 $235,000 $120,000 $115,000
2014 $2,503 $235,000 $115,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24154611

California Regional Multiple Listing Service (CRMLS)

APN: 045-540-040-000