NOT LISTED FOR SALE

Estimated Value: $568,414 - $679,000

5 Beds
3 Baths
2,351 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $515,000 $219 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,938/month

38 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Main Floor Bedroom
  • Shasta Elementary School Rated A-
  • Property is near a park
  • Loft

About This Home

As of February 2022

Move into this Brand New Home in less than 30 days. Welcome to Discovery Homes @ Montecito! The Cypress boasts 2,351 sqft, 5 bedrooms & 3 baths, elegant entry, luxury vinyl plank floors cover the downstairs & distinct 9 foot ceilings downstairs. The gourmet kitchen features stainless steel appliances, white beech wood shaker cabinets, quartz counter tops and a spacious pantry. The spacious owners suite offers a walk in closet a luxurious bath with upgraded counter tops and upgraded shower surround. Come see what New Home Construction gives you: 2x6 walled construction with lots of insulation to keep your home-ownership costs down, Tankless Water Heater, 5-1/4" baseboards, Whole House Fan, LED lighting throughout, Low VOC Compliant Paint Materials, Pre-plumbed for Solar, Pre-plumbed for Electric Car in the Garage, Dual Pain Low E Windows, 10 inch Post Tension Foundation, Cool Roof Systems & Radiant Barrier Roof Decking, 9 Foot Ceilings and list goes on….. Come in and see the future! We are located close to the freeway, Hospital and all the downtown activities that Chico has to offer. Exterior photo is the actual home under construction and the other a rendition of the completed home. Interior photos are of a previously completed home. Virtual tour is of previously built home. No need to hassle with making offers and getting out bid or over paying for an older home that needs repairs or upgrading. This home comes loaded with warranties!! This home will be ready to move into in January.

Last Agent to Sell the Property

Daisy Finazzo

Discovery Homes License #01167129 Listed on: 11/27/2021

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,229

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 3,785 Sq Ft Lot
  • Wood Fence
  • New Fence
  • Level Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

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

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,351 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Window Screens
  • Entryway
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 006900022000
  • $263 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,229

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Sales Office
  • Other Phone Number: 530-892-9012
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System
  • Subdivision Name Other: Montecito
  • View: Yes
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006900022000
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2351.00 Square Feet
  • Interior Amenities: Coffered Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 219.06
  • Room Type: Entry, Family Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low Emissivity Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Double Sinks In Master Bath, Exhaust Fan(s), Stone Counters
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: New Condition, Wood
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Driveway Level, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 3785.00
  • Lot Size Acres: 0.0869
  • Latitude Manual: 39.77476800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3785.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • TaxOtherAnnualAssessmentAmount: 263.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Wei Xinyu
Bought by
Wei Xinyu and Sun Liang
Total Days on Market
38
Current Estimated Value
$616,104

Purchase Details

Listed on
Nov 27, 2021
Closed on
Jan 24, 2022
Sold by
Ads Iii Holdings Llc
Bought by
Wei Xinyu
Seller's Agent
Daisy Finazzo
Discovery Homes
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$489,250
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Wei Xinyu -- Accommodation/Courtesy Recordi
Wei Xinyu $515,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wei Xinyu $489,250
Previous Owner Ads Iii Holdings Llc $68,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $515,000 0.0% $219 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
01/01/2022 01/01/22 Price Changed $515,000 -3.7% $219 / Sq Ft
11/27/2021 11/27/21 For Sale $535,000 -- $228 / 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 $6,229 $535,806 $182,070 $353,736
2023 $6,159 $525,300 $178,500 $346,800
2022 $1,355 $97,483 $97,483 $0
2021 $1,244 $95,572 $95,572 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21255445

California Regional Multiple Listing Service (CRMLS)

APN: 006-900-022-000