NOT LISTED FOR SALE

551 Morgan Dr Chico, CA 95973

Estimated Value: $560,149 - $583,000

6 Beds
4 Baths
2,520 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 551 Morgan Dr, Chico, CA 95973 and is currently estimated at $568,716, approximately $225 per square foot. 551 Morgan Dr is a home located in Butte County with nearby schools including McManus (John A.) Elementary School, Bidwell Junior High School, and Pleasant Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Herbert L Nelson Living Trust and Chamberlain Claudia
Bought by
Chamberlain Claudia and Chamberlain Matthew
Current Estimated Value
$568,716

Purchase Details

Closed on
Feb 18, 2025
Sold by
Beresford Llc
Bought by
Herbert L Nelson Living Trust and Chamberlain

Purchase Details

Closed on
Nov 26, 2024
Sold by
Herbert L Nelson Living Trust and Chamberlain Claudia
Bought by
Chamberlain Claudia and Chamberlain Matthew

Purchase Details

Closed on
Apr 18, 2014
Sold by
Nelson Herbert L and Nelson Alberta M
Bought by
Beresford Llc

Purchase Details

Closed on
Jan 16, 2014
Sold by
Beresford Llc
Bought by
Nelson Herbert L and Nelson Alberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,740
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2013
Sold by
Nelson Herbert L and Nelson Alberta M
Bought by
Beresford Llc

Purchase Details

Closed on
May 8, 2013
Sold by
Beresford Llc
Bought by
Nelson Herbert L and Nelson Alberta M

Purchase Details

Closed on
Jan 15, 2008
Sold by
Nelson Herbert L and Nelson Alberta M
Bought by
Beresford Llc

Purchase Details

Closed on
Nov 14, 2007
Sold by
Excelsior Mortgage Equity Fund Ii Llc
Bought by
Nelson Herbert L and Nelson Alberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
Hase Simon
Bought by
Exelsior Mortgage Equity Fund Ii Llc

Purchase Details

Closed on
Apr 11, 2006
Sold by
Timblin Bruce K and Timblin Scott
Bought by
Hase Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.35%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chamberlain Claudia -- None Listed On Document
Herbert L Nelson Living Trust -- None Listed On Document
Chamberlain Claudia -- None Listed On Document
Herbert L Nelson Living Trust -- None Listed On Document
Beresford Llc -- None Available
Nelson Herbert L -- None Available
Beresford Llc -- None Available
Nelson Herbert L $48,000 None Available
Beresford Llc -- None Available
Nelson Herbert L $370,000 Fidelity Natl Title Co Of Ca
Exelsior Mortgage Equity Fund Ii Llc $1,500,421 Mid Valley Title & Escrow Co
Hase Simon $225,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Herbert L $240,740
Previous Owner Nelson Herbert L $270,000
Previous Owner Hase Simon $322,000
Source: Public Records

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 $5,756 $525,300 $193,800 $331,500
2024 $5,756 $476,460 $193,159 $283,301
2023 $5,644 $467,119 $189,372 $277,747
2022 $5,435 $457,960 $185,659 $272,301
2021 $5,436 $448,981 $182,019 $266,962
2020 $5,423 $444,378 $180,153 $264,225
2019 $5,324 $435,666 $176,621 $259,045
2018 $4,722 $385,000 $130,000 $255,000
2017 $4,569 $375,000 $125,000 $250,000
2016 $3,912 $345,000 $125,000 $220,000
2015 $3,968 $345,000 $125,000 $220,000
2014 $3,941 $340,000 $125,000 $215,000
Source: Public Records

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