NOT LISTED FOR SALE

5382 Majestic Way Forest Ranch, CA 95942

Estimated Value: $441,482 - $546,000

4 Beds
3 Baths
2,460 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $365,000 $148 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,198/month

159 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Wood Burning Stove
  • Harry M. Marsh Junior High School Rated A-
  • 108,464 Sq Ft lot
  • Secluded Lot

About This Home

As of May 2018

This beautiful Forest Ranch home is nestled away in the pines and situated on just over 2 acres, yet just minutes from Chico. The property is well protected by an electric fence that spans the entire radius of the property. The home highlights a recently re-stained exterior and an expansive deck off the back that’s perfect for entertaining, having your morning cup of coffee, or just relaxing. Upon entering the home, you’ll be pleased to see the expansive bright living room. You can watch the sunset or just stargaze through the oversized sliders that run the length of the entire living room and overlook the deck. The living room also has a wood burning stove with a hearth with beautiful oversized stone tiles. The kitchen offers newer appliances, shaker style white cabinets for plenty of storage and a separate dining area. Up the new staircase, you'll find the master suite and extra spacious bedrooms, each with their very own oversized closet. The roomy master has a private balcony, oversized windows looking out over the pines and an en suite bathroom. Back downstairs you’ll find what used to be the original garage that has been converted into 3 partially finished spaces: a carpeted basement, a workshop, and some extra storage space. The property also has solar and its own propane powered backup Generac brand generator that turns on automatically in a power outage. Don’t miss this opportunity to own a home located in a very private and scenic area!

Last Agent to Sell the Property

John Barroso

Parkway Real Estate Co. License #01434090 Listed on: 10/13/2017

Last Buyer's Agent

Mark Chrisco

Re/Max of Chico License #01063198

Re/Max of Chico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1981

Lot Details

  • 2.49 Acre Lot
  • Rural Setting
  • Electric Fence
  • Secluded Lot
  • No Sprinklers
  • Wooded Lot
  • Density is 2-5 Units/Acre
  • Property is zoned TM5

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Unpaved Parking
  • RV Potential

Home Design

  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • <<tubWithShowerToken>>

Utilities

  • Central Heating
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 056290024000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,509

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: TM5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 056290024000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2460.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 148.37
  • Room Type: Basement, Kitchen, Laundry, Master Suite
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters, Walk-In Pantry

Exterior Features

  • Foundation: Raised
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Electric
  • Pool Private: No
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Unpaved, Garage, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Secluded, Sprinklers None, Treed Lot
  • Lot Size Sq Ft: 108464.40

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Apr 26, 2018
Sold by
Spurgeon Paul E and Spurgeon Kristina L
Bought by
Alexis Wayne Wendell and Childs Heather Meadow
Seller's Agent
John Barroso
Parkway Real Estate Co.
Buyer's Agent
Mark Chrisco
Re/Max of Chico
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%
Current Estimated Value
$510,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,871
Avg. Annual Appreciation
5.02%
Original Mortgage
$372,847
Interest Rate
4.45%
Mortgage Type
VA

Purchase Details

Closed on
Aug 22, 2008
Sold by
Woodbeck Thomas D
Bought by
Spurgeon Paul E and Spurgeon Kristina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,836
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2003
Sold by
Woodbeck Barbara M
Bought by
Woodbeck Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.72%
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 Buyer Sale Price Title Company
Alexis Wayne Wendell $365,000 Mid Valley Title & Escrow
Spurgeon Paul E $345,000 Bidwell Title & Escrow Co
Woodbeck Thomas D -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexis Wayne Wendell $366,422
Closed Alexis Wayne Wendell $372,847
Previous Owner Spurgeon Paul E $338,500
Previous Owner Spurgeon Paul E $350,008
Previous Owner Spurgeon Paul E $344,836
Previous Owner Woodbeck Thomas D $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $365,000 -1.1% $148 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/13/2018 03/13/18 Price Changed $369,000 -5.4% $150 / Sq Ft
01/11/2018 01/11/18 For Sale $389,900 +6.8% $158 / Sq Ft
11/22/2017 11/22/17 Off Market $365,000 -- --
10/13/2017 10/13/17 For Sale $389,900 -- $158 / 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
2024 $4,509 $407,160 $117,127 $290,033
2023 $4,456 $399,178 $114,831 $284,347
2022 $4,385 $391,352 $112,580 $278,772
2021 $4,303 $383,679 $110,373 $273,306
2020 $4,290 $379,746 $109,242 $270,504
2019 $4,213 $372,300 $107,100 $265,200
2018 $4,359 $384,794 $113,173 $271,621
2017 $4,271 $377,250 $110,954 $266,296
2016 $3,898 $369,854 $108,779 $261,075
2015 -- $364,300 $107,146 $257,154
2014 -- $357,165 $105,048 $252,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN17233564

California Regional Multiple Listing Service (CRMLS)

APN: 056-290-024-000