NOT LISTED FOR SALE

87 Landmark Dr Chico, CA 95973

Estimated Value: $606,000 - $842,000

3 Beds
2 Baths
2,611 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $429,500 $164 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,522/month

83 Days on Market

Highlights

  • Fishing
  • All Bedrooms Downstairs
  • Spanish Architecture
  • Shasta Elementary School Rated A-
  • Panoramic View
  • No HOA

About This Home

As of July 2014

#359 A 360' driveway winding through several redwoods welcomes you to this beautiful Spanish Mediterranean style home on private 1.13 acres. A Spanish archway accentuates the covered front entry. Upon entry, a 20x20 tiled landing overlooks a dramatic step down formal living room w/ 20ft vaulted wood beam ceiling, floor to ceiling rock fireplace w/ pellet stove insert and a wall of windows overlooking the courtyard with fountain. The kitchen offers new Giallo Veneziano style granite slab counter tops & island, 12x12 tiled floors, 27" oven, new whirlpool ceramic cooktop, granite composite sink, raised ceiling & pantry w/ etched glass door. The dining area has hardwood oak floors & vaulted wood beam ceilings. The home offers a split master floor plan. The 16x16 master suite has a slider to the courtyard, dressing area & a walk-in closet. The master bath has 12x12 marble floors with new mosaic counter top, elite faucets, above counter sinks, spa tub and tiled step in shower w/ glass doors. There are two bedrooms & a Jack & Jill bathroom on the other wing of the home. A separate family room w/ fireplace and spiral staircase to a loft w/ balcony. Brand new carpet and paint throughout the home. New Central Heat and Air + whole house fan. Detached 28.5X36.5 shop.

Last Agent to Sell the Property

Brian Voigt

Re/Max Home and Investment License #01700708 Listed on: 03/31/2014

Re/Max Home and Investment

Last Buyer's Agent

Robert Hightower

Hightower Real Estate Group License #01430163

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 1.13 Acre Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • Pasture
  • Park or Greenbelt
  • Courtyard

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 2,611 Sq Ft Home
  • Zero Clearance Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 047520024000

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Unpaved
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 047520024000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2611.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Separated
  • Fireplace Features: Family Room, Living Room, Pellet Stove, Zero Clearance
  • Levels: One
  • Price Per Square Foot: 164.50
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Courtyard, Panoramic, Pasture, Park/Greenbelt
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Fireplace(s), Pellet Stove
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 49223.00
  • Lot Size Acres: 1.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 49223.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jul 21, 2014
Sold by
Petersen Bruce L and Petersen Barbara D
Bought by
Munson Cynthya
Seller's Agent
Brian Voigt
Re/Max Home and Investment
Buyer's Agent
Robert Hightower
Hightower Real Estate Group
List Price
$464,500
Sold Price
$429,500
Premium/Discount to List
-$35,000
-7.53%
Current Estimated Value
$766,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,784
Avg. Annual Appreciation
5.18%
Original Mortgage
$321,500
Outstanding Balance
$244,611
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$521,673

Purchase Details

Listed on
Sep 16, 2012
Closed on
Oct 30, 2012
Sold by
Campbell David G
Bought by
Petersen Bruce L and Petersen Barbara D
Seller's Agent
Joan Heckerson
Re/Max of Chico
Buyer's Agent
Brian Voigt
Re/Max Home and Investment
List Price
$347,000
Sold Price
$358,000
Premium/Discount to List
$11,000
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$286,400
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Cross Robert L
Bought by
Campbell David G

Purchase Details

Closed on
Jul 28, 2000
Sold by
Maffei Christopher J
Bought by
Cross Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,800
Interest Rate
8.2%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Maffei Melanie B
Bought by
Maffei Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.86%
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
Munson Cynthya $429,500 Mid Valley Title & Escrow Co
Petersen Bruce L $358,000 Bidwell Title & Escrow Co
Campbell David G $275,000 Bidwell Title & Escrow Co
Cross Robert L $233,500 Mid Valley Title & Escrow Co
Maffei Christopher J -- Mid Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munson Cynthya $321,500
Previous Owner Petersen Bruce L $286,400
Previous Owner Cross Robert L $221,800
Previous Owner Maffei Christopher J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2014 07/30/14 Sold $429,500 -1.8% $164 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $437,500 -2.7% $168 / Sq Ft
05/12/2014 05/12/14 Price Changed $449,500 -2.2% $172 / Sq Ft
04/17/2014 04/17/14 Price Changed $459,500 -1.1% $176 / Sq Ft
03/31/2014 03/31/14 For Sale $464,500 +29.7% $178 / Sq Ft
11/09/2012 11/09/12 Sold $358,000 +3.2% $141 / Sq Ft View Prior Sale
09/20/2012 09/20/12 Pending -- -- --
09/16/2012 09/16/12 For Sale $347,000 -- $136 / 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 $6,179 $569,465 $192,291 $377,174
2024 $6,179 $558,300 $188,521 $369,779
2023 $6,105 $547,354 $184,825 $362,529
2022 $5,916 $528,462 $181,201 $347,261
2021 $5,804 $518,101 $177,649 $340,452
2020 $5,788 $512,790 $175,828 $336,962
2019 $5,232 $462,736 $172,381 $290,355
2018 $5,136 $453,663 $169,001 $284,662
2017 $5,033 $444,769 $165,688 $279,081
2016 $4,593 $436,049 $162,440 $273,609
2015 $4,593 $429,500 $160,000 $269,500
2014 $3,756 $359,624 $110,499 $249,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14065064

California Regional Multiple Listing Service (CRMLS)

APN: 047-520-024-000