NOT LISTED FOR SALE

5400 Cabernet Way Forest Ranch, CA 95942

Estimated Value: $422,000 - $516,000

3 Beds
2 Baths
1,596 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $495,000 $310 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,711/month

15 Days on Market

Highlights

  • Second Garage
  • RV Access or Parking
  • View of Trees or Woods
  • Harry M. Marsh Junior High School Rated A-
  • Primary Bedroom Suite
  • 5.17 Acre Lot

About This Home

As of July 2024

Nestled in the breathtaking beauty of Forest Ranch, this remarkable 5-acre Estate invites you to embrace a lifestyle of tranquility and luxury just inside the stately gates. Boasting 3 bedrooms, 2 bathrooms, and 1,596 square feet of living space, this home is a true beauty. From the fully fenced front yard with pavers, butterfly bushes, a tranquil fountain, and an expansive front porch you'll feel welcomed at first look! Head inside and you'll be greeted by a large foyer and stunning Tiffany-style chandelier that sets the tone and allows for a seamless flow into the living space adorned with vaulted ceilings and natural light, creating an inviting atmosphere for relaxation and entertainment. The heart of the home, the kitchen, is a chef's delight, featuring solid surface countertops, custom wood cabinets, and multiple pantries ensuring your kitchen utensils, small appliances, and food have designated spaces for ultimate organization. Whether preparing family meals or hosting gatherings, this functional kitchen and open dining space is sure to impress! The split-floor plan home design allows everyone to have private spaces to unwind and relax comfortably. Retreat to the primary suite boasting vaulted ceiling, walk-in closet, high built-in storage alcoves, and an en-suite bathroom with large vanity. The other two bedrooms and bathroom are privately situated on the opposite side of the home. There is also an attached 2-car garage with laundry space and gracious, covered back porch. Just up the driveway is the attractive, fully finished 3-car garage with an amazing storage loft above that you won’t want to miss! This structure provides ample space for vehicles, storage, gym space, or workshop. Additional property features include: an owned solar array with Enphase Micro Inverters, a Generac generator ensuring you never lose power, a concrete pad plumbed for a jacuzzi, a 1,000-gal private water tank, automatic "Mighty Mule" front entrance gate, Casa Blanca "Stealth" ceiling fans, whole house "Quiet Cool" fan, 10 surround sound in-wall & in-ceiling speakers throughout the home, scenic walking trails, beautiful mature trees, tasty blackberries, two apple trees, Dogwood trees and a garden shed. The Sellers truly thought of it all! Don't miss your opportunity to own this exceptional Estate and start living the lifestyle you've always dreamed of!

Last Agent to Sell the Property

Kiersten Morgan

Crane Realty Brokerage Phone: 530-680-8884 License #01808835 Listed on: 05/15/2024

Last Buyer's Agent

Andrew Kinley

eXp Realty of California, Inc. License #02133301

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1995

Lot Details

  • 5.17 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Front Yard
  • Property is zoned TM5

Parking

  • 5 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Second Garage
  • Parking Available
  • Side Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway Down Slope From Street
  • Gravel Driveway
  • RV Access or Parking

Property Views

  • Woods
  • Hills
  • Rock

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Propane Oven
  • Self-Cleaning Oven
  • Free-Standing Range
  • Propane Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Propane
  • Shared Well
  • ENERGY STAR Qualified Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 056420006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,826

Year Built

Built in 1995

Lot Details

0

Parking

5

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer, Dryer, Weights in Garage, Ladders, Horse Sculptures and some furniture
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: TM5
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 056420006000
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1596.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 310.15
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Vanity Area
  • Room Kitchen Features: Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Second Garage, Second Garage Detached, Shed(s), Storage
  • Exterior Features: Lighting, Rain Gutters
  • View: Hills, Rocks, Trees/Woods
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Gravel, Driveway Down Slope From Street, Garage, Garage Faces Side, Garage - Single Door, Garage - Three Door, Garage Door Opener, Oversized, Private, RV Access/Parking, RV Potential
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Electricity Connected, Propane, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Propane Oven, Propane Range, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Shared Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rolling Slope, Treed Lot
  • Lot Size Sq Ft: 225205.20
  • Lot Size Acres: 5.1700
  • Latitude Manual: 39.89643400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5.1700 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.01
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 24, 2024
Sold by
Downing/Degroot Family Trust and Degroot Larry O
Bought by
Ayers Michael S
Seller's Agent
Kiersten Morgan
Crane Realty
Buyer's Agent
Andrew Kinley
eXp Realty of California, Inc.
List Price
$495,000
Sold Price
$495,000
Views
24
Current Estimated Value
$466,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,055
Avg. Annual Appreciation
-0.86%
Original Mortgage
$445,500
Outstanding Balance
$440,602
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$49,074

Purchase Details

Closed on
Nov 8, 2006
Sold by
Downing Kelly Anne
Bought by
Degroot Larry O and Downing Kelly A
Source: Public Records

Range of Values:

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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
Ayers Michael S $495,000 Mid Valley Title & Escrow
Degroot Larry O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayers Michael S $445,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $495,000 0.0% $310 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $495,000 -- $310 / 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 $2,826 $495,000 $145,000 $350,000
2024 $2,826 $261,600 $65,131 $196,469
2023 $2,792 $256,471 $63,854 $192,617
2022 $2,745 $251,443 $62,602 $188,841
2021 $2,692 $246,514 $61,375 $185,139
2020 $2,684 $243,987 $60,746 $183,241
2019 $2,634 $239,204 $59,555 $179,649
2018 $2,584 $234,515 $58,388 $176,127
2017 $2,530 $229,918 $57,244 $172,674
2016 $2,308 $225,411 $56,122 $169,289
2015 $2,307 $222,026 $55,279 $166,747
2014 -- $217,678 $54,197 $163,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24096426

California Regional Multiple Listing Service (CRMLS)

APN: 056-420-006-000