$521,500
SOLD DEC 20, 2024

5 Veneto Cir Chico, CA 95926

3 Beds
3 Baths
2,063 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

17% Below List Price

181 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • 2 Car Attached Garage
  • Neal Dow Elementary School Rated A-
  • Double Convection Oven
  • Walk-In Closet

About This Home

As of December 2024

Gorgeous Mediterranean style home is located in the highly sought after exclusive Sorrento Neighborhood. Featuring 3 bedrooms and 3 FULL bathrooms. Very desirable floor plan with one downstairs bedroom. Upstairs master suite Bed and Bath with separate shower and tub, and custom walk-in closet. Gourmet kitchen, open to the living room includes granite counters, stainless steel appliances with 5 burner gas range, a built-in wine refrigerator, dimmable LED lighting and a functional breakfast bar. High vaulted ceilings and abundant windows bring wonderful light into the home. Sliding door leads out to the private patio area with gas and electric; perfect for morning coffee or afternoon BBQs. Formal, yet open dining room allows plenty of room for large gatherings. Upgraded features include Laminate floors throughout most of the downstairs, newer tankless water heater, surround sound speakers in living room, four ceiling fans and granite counters in all bathrooms. Charming common area creates a true feeling of neighborhood. Such a great opportunity!

Last Agent to Sell the Property

Maya Noble

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-717-3302 License #01912174 Listed on: 05/21/2024

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

John Barroso

Parkway Real Estate Co. License #01434090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,946

Year Built

  • Built in 2006

Lot Details

  • 3,049 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Neighborhood
  • Courtyard

Home Design

  • Planned Development

Interior Spaces

  • 2,063 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Double Convection Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Two cooling system units
  • Central Heating

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 045490026000
  • $1 per year additional tax assessments

Community Details

Overview

  • Sorrento Association, Phone Number (530) 894-0404
  • Hignell HOA

Amenities

  • Picnic Area

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,946

Year Built

Built in 2006

Lot Details

0

HOA Fees

$203 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045490026000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2063.00 Square Feet
  • Stories: 2
  • Entry Location: main
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 252.79
  • Room Type: Entry, Family Room, Kitchen, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • View: Courtyard, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 203.00
  • Association Fee Frequency: Monthly
  • Association Name: Sorrento
  • Phone: 5308940404
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Gutters
  • Association Management: Hignell

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 1.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Reed Billy C and Reed Karen A
Bought by
Reed Family 2025 Trust and Reed
Current Estimated Value
$527,764

Purchase Details

Listed on
May 21, 2024
Closed on
Dec 3, 2024
Sold by
Mahajan Anil
Bought by
Reed Billy C and Reed Karen A
Seller's Agent
Maya Noble
Century 21 Select Real Estate, Inc.
Buyer's Agent
John Barroso
Parkway Real Estate Co.
List Price
$629,999
Sold Price
$521,500
Premium/Discount to List
-$108,499
-17.22%
Views
315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$521,500
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 4, 2018
Sold by
Wong Lester K and Reed Jannafer J
Bought by
Mahajan Anil
Seller's Agent
MaryAnn Scott
Parkway Real Estate Co.
Buyer's Agent
Heather DeLuca
Re/Max of Chico
List Price
$409,000
Sold Price
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$372,406
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2015
Closed on
Jul 1, 2015
Sold by
Wong Lester K and Reed Jannafer J
Bought by
The Wong Reed Family Trust
Seller's Agent
Sherry Calbert
Century 21 Select Real Estate, Inc.
Buyer's Agent
MaryAnn Scott
Parkway Real Estate Co.
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$229,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 10, 2015
Sold by
Neumeister Jacqueline A
Bought by
Wong Lester K and Reed Jannafer J
Seller's Agent
Sherry Calbert
Century 21 Select Real Estate, Inc.
Buyer's Agent
MaryAnn Scott
Parkway Real Estate Co.
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2013
Sold by
Neumeister Jacqueline A
Bought by
Neumeister Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2013
Sold by
Neumeister Daniel P and Neumeister Jacqueline A
Bought by
Neumeister Jacqueline

Purchase Details

Closed on
Feb 28, 2008
Sold by
Barry Fischer Properties Llc
Bought by
Neumeister Daniel P and Neumeister Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Doe Mill Llc
Bought by
Neumeister Daniel P and Neumeister Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,840
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $521,500 Mid Valley Title & Escrow
Grant Deed $521,500 Mid Valley Title & Escrow
Grant Deed $409,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- None Available
Grant Deed $379,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $415,000 Mid Valley Title & Escrow Co
Grant Deed $260,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $521,500 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $50,000 Stand Alone Second
Previous Owner $360,000 New Conventional
Previous Owner $372,406 New Conventional
Previous Owner $229,000 New Conventional
Previous Owner $300,800 New Conventional
Previous Owner $332,000 Purchase Money Mortgage
Previous Owner $207,840 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $521,500 -2.6% $253 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $535,555 -2.6% $260 / Sq Ft
06/25/2024 06/25/24 Price Changed $549,999 -5.2% $267 / Sq Ft
06/07/2024 06/07/24 Price Changed $579,999 -7.9% $281 / Sq Ft
05/21/2024 05/21/24 For Sale $629,999 +54.0% $305 / Sq Ft
10/15/2018 10/15/18 Sold $409,000 0.0% $198 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $409,000 +7.9% $198 / Sq Ft
06/18/2015 06/18/15 Sold $379,000 0.0% $184 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $379,000 -- $184 / 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 $4,946 $521,500 $170,000 $351,500
2024 $4,946 $447,298 $153,109 $294,189
2023 $4,888 $438,528 $150,107 $288,421
2022 $4,888 $429,930 $147,164 $282,766
2021 $4,720 $421,501 $144,279 $277,222
2020 $4,707 $417,180 $142,800 $274,380
2019 $4,621 $409,000 $140,000 $269,000
2018 $4,529 $400,322 $137,313 $263,009
2017 $4,438 $392,473 $134,621 $257,852
2016 $4,050 $384,779 $131,982 $252,797
2015 $3,773 $360,000 $130,000 $230,000
2014 -- $293,000 $105,000 $188,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24101826

California Regional Multiple Listing Service (CRMLS)

APN: 045-490-026-000