NOT LISTED FOR SALE

88 Lazy s Ln Chico, CA 95928

Estimated Value: $990,000 - $1,361,000

4 Beds
4 Baths
4,268 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $975,000 $228 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,299/month

81 Days on Market

Highlights

  • Horse Property Unimproved
  • Tennis Courts
  • Home fronts a creek
  • Harry M. Marsh Junior High School Rated A-
  • In Ground Pool
  • Creek or Stream View

About This Home

As of November 2022

Whoever gets this property is going to be one lucky buyer! You will end up with so much more than a house. At this price, you can do the most beautiful remodeling to make your dream home a reality. In the highly desired Stilson Canyon neighborhood, add a little love and make this amazing site your own; you will have instant equity and certainly your investment will come back many times over. On one of the largest lots at nearly 2.4 acres, you’re in close proximity to town and amenities nearby, yet you’re well set back from the road for privacy, peace and quiet, and also protected from nearby encroaching development. This property is bordered by 450’ of easy access creek frontage (on Little Chico Creek). Mature landscaping includes giant redwood trees, oaks, sycamores, black walnut, fruit and almond orchards and a rose garden. Brick entry gates and a circular driveway open into a portico supported by elegant white pillars. The grounds include a pool, tennis court and 3 car garage, as well as vegetable garden and dog pen. With 4,268’ sq ft of living space, 4 bedrooms, 4 bathrooms, and 2 living rooms, every room feels spacious. The master bedroom and bathroom suite are on the main floor, featuring a walk-in closet, attached library/studio/art room & private deck. Also on the main floor, you will find the kitchen, hall bathroom, living room, dining room, kitchen nook and library/office. Downstairs are 3 unique large bedrooms with 2 full bathrooms, along with an entire separate living area including a kitchenette/bar area…an entertainer’s dream! Outside, through a [stunning] pair of double glass doors, you’ll head to the patio, a pleasant pool, and the creek, where shade and serenity soothe your soul…you aren’t going to want to leave! The creek provides moisture for cooling foliage on hot Chico summer days. Away from the road, this backyard provides lots of calming seclusion, with nothing to hear other than the sounds of nature. There is so much potential to make this your ideal home, with enough acreage to build a separate unit. Plus, a brand-new HVAC was installed! This is a one-of-a-kind opportunity that you will not want to miss! Talk about location, location, location!

Last Listed By

Marisa Bauer

Platinum Partners Real Estate License #01418223 Listed on: 07/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,993

Year Built

  • Built in 1963

Lot Details

  • 2.39 Acre Lot
  • Home fronts a creek
  • Landscaped
  • Level Lot
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned SR

Parking

  • 3 Car Garage

Property Views

  • Creek or Stream
  • Mountain
  • Neighborhood

Home Design

  • Split Level Home

Interior Spaces

  • 4,268 Sq Ft Home
  • 2-Story Property
  • Shutters
  • Stained Glass
  • Window Screens
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Home Office
  • Library
  • Bonus Room
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Additional Features

  • Urban Location
  • Horse Property Unimproved

Listing and Financial Details

  • Assessor Parcel Number 018440073000

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,993

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Listing Manager
  • Other Phone Number: 530-809-3436
  • Property Attached: No
  • View: Yes
  • Zoning: SR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 018440073000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4268.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 228.44
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Multi-Level Bedroom, Office, Separate Family Room, Walk-In Closet
  • Window Features: Screens, Shutters, Stained Glass
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Jetted Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Shed(s), Tennis Court Private
  • Exterior Features: Lighting, Rain Gutters
  • View: Creek/Stream, Mountain(s), Neighborhood
  • Patio And Porch Features: Deck, Enclosed, Patio, Patio Open, Screened, Screened Porch
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Horse Trails, Mountainous, Sidewalks, Street Lights, Urban

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Horse Property Unimproved, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 104108.00
  • Lot Size Acres: 2.3900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 104108.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Creek

Tax Info

  • Tax Census Tract: 9.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Dec 16, 2022
Sold by
Patane Gino Joseph and Patane Andrea Louise
Bought by
Gino And Andrea Patane Family Trust
Seller's Agent
Marisa Bauer
Platinum Partners Real Estate
Buyer's Agent
Mariah Thompson
Platinum Partners Real Estate
List Price
$1,390,000
Sold Price
$975,000
Premium/Discount to List
-$415,000
-29.86%
Total Days on Market
81
Views
36
Current Estimated Value
$1,151,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,311
Avg. Annual Appreciation
7.02%
Original Mortgage
$780,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2022
Closed on
Oct 31, 2022
Sold by
Barbara B Carl Surviving Spouses Trust
Bought by
Patane Gino Joseph and Patane Andrea Louise
Seller's Agent
Marisa Bauer
Platinum Partners Real Estate
Buyer's Agent
Mariah Thompson
Platinum Partners Real Estate
List Price
$1,390,000
Sold Price
$975,000
Premium/Discount to List
-$415,000
-29.86%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Milliken Kevin and Carter Barbara
Bought by
Carl William W and Carl Barbara B

Purchase Details

Closed on
Apr 12, 2005
Sold by
Weibel Shawn A
Bought by
Milliken Kevin

Purchase Details

Closed on
Dec 23, 2003
Sold by
Milliken Kevin
Bought by
Weibel Shawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2003
Sold by
Nasr Anthony and Nasr Julie
Bought by
Weibel Shawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2003
Sold by
Nasr Anthony and Nasr Julie
Bought by
The Nasr Family Revocable Trust Of 1999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,135
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 1997
Sold by
Meyer Revocable Trust and Meyer Wayne & Laura Trustees
Bought by
Sanchez Arthur and Richman Sanchez Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
7.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 6, 1997
Sold by
Meyer Revocable Trust and Meyer Wayne & Laura Trustees
Bought by
Brown Joel and Brown Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
7.9%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
List Price
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
Gino And Andrea Patane Family Trust -- --
Patane Gino Joseph $975,000 Mid Valley Title
Carl William W $779,000 Mid Valley Title & Escrow Co
Milliken Kevin -- Mid Valley Title & Escrow Co
Weibel Shawn A -- Mid Valley Title & Escrow Co
Weibel Shawn A $679,000 Mid Valley Title & Escrow Co
The Nasr Family Revocable Trust Of 1999 -- --
Sanchez Arthur $81,000 --
Brown Joel $121,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patane Gino Joseph $780,000
Previous Owner Weibel Shawn A $150,000
Previous Owner Weibel Shawn A $333,700
Previous Owner Nasr Anthony $266,135
Previous Owner Nasr Anthony $291,000
Previous Owner Nasr Anthony $379,000
Previous Owner Sanchez Arthur $72,900
Previous Owner Brown Joel $108,900
Closed Weibel Shawn A $134,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $975,000 -2.4% $228 / Sq Ft
09/15/2022 09/15/22 Price Changed $999,000 -16.2% $234 / Sq Ft
08/26/2022 08/26/22 Price Changed $1,192,000 -14.2% $279 / Sq Ft
07/18/2022 07/18/22 For Sale $1,390,000 -- $326 / 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 $10,993 $994,500 $357,000 $637,500
2023 $10,862 $975,000 $350,000 $625,000
2022 $11,439 $1,023,214 $459,724 $563,490
2021 $10,797 $965,000 $300,000 $665,000
2020 $10,709 $950,000 $290,000 $660,000
2019 $10,387 $920,000 $290,000 $630,000
2018 $9,046 $800,000 $250,000 $550,000
2017 $8,307 $735,000 $200,000 $535,000
2016 $7,207 $685,000 $150,000 $535,000
2015 -- $685,000 $150,000 $535,000
2014 -- $635,000 $150,000 $485,000
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22152598

California Regional Multiple Listing Service (CRMLS)

APN: 018-440-073-000