NOT LISTED FOR SALE

701 Arbutus Ave Chico, CA 95926

Estimated Value: $498,000 - $554,000

3 Beds
1.5 Baths
1,450 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $330,000 $228 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,074/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near park
  • Wood Flooring
  • Neal Dow Elementary School Rated A-
  • Traditional Architecture
  • 3-minute walk to One Mile Recreational Area

About This Home

As of August 2014

This wonderful home is a true 1950's Chico classic with our amazing Bidwell Park as your neighbor. Loved and cared for by the same owner for the past 60 years, this home is not an easy one to give up. The picturesque windows that surround the spacious great room allow you to enjoy one of Chico's most desirable neighborhoods while relaxing in your home. Other wonderful features include hardwood flooring, large traditional fireplace (currently with insert), freshly painted interior, new carpet, special large backyard with mature plants and plenty of space for a garden or pool. Not only is this home located close to Bidwell Park, it is conveniently located to downtown Chico, Chico State University, restaurants and a variety of shopping.

Last Agent to Sell the Property

Cheryl Thompson

Parkway Real Estate Co. License #01812375 Listed on: 06/11/2014

Co-Listed By

Kristina Brogden

Parkway Real Estate Co. License #01820028

Last Buyer's Agent

Leif Peterson

Butte Creek Realty License #1034371

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.37 Acre Lot
  • Block Wall Fence
  • Wire Fence
  • Landscaped
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Outbuilding

Additional Features

  • Property is near park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 003241006000

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003241006000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1450.00
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 227.59
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wire
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard, Landscaped, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16117.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jul 30, 2014
Sold by
Setzfant Ida F
Bought by
Mcclure Andrew J and Mcclure Claire
Seller's Agent
Cheryl Thompson
Parkway Real Estate Co.
Buyer's Agent
Leif Peterson
Butte Creek Realty
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$524,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,068
Avg. Annual Appreciation
4.09%
Original Mortgage
$297,000
Outstanding Balance
$226,631
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$297,437

Purchase Details

Closed on
Dec 11, 2012
Sold by
Setzfant Ida F
Bought by
Setzfant Ida F and Setzfant Robert

Purchase Details

Closed on
Jul 24, 2000
Sold by
Setzfant Ida F
Bought by
Setzfant Ida F and Ida F Setzfant Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcclure Andrew J $330,000 Mid Valley Title & Escrow Co
Setzfant Ida F -- Mid Valley Title & Escrow Co
Setzfant Ida F -- None Available
Setzfant Ida F -- None Available
Setzfant Ida F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure Andrew J $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $330,000 -5.4% $228 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $349,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,601 $444,657 $192,294 $252,363
2024 $4,601 $422,939 $188,524 $234,415
2023 $4,109 $375,428 $184,825 $190,603
2022 $4,042 $368,067 $181,201 $186,866
2021 $3,964 $360,851 $177,649 $183,202
2020 $3,952 $357,152 $175,828 $181,324
2019 $3,879 $350,150 $172,381 $177,769
2018 $3,886 $343,285 $169,001 $174,284
2017 $3,865 $341,731 $165,688 $176,043
2016 $3,527 $335,032 $162,440 $172,592
2015 $3,527 $330,000 $160,000 $170,000
2014 $710 $65,970 $18,466 $47,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14122014

California Regional Multiple Listing Service (CRMLS)

APN: 003-241-006-000

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