NOT LISTED FOR SALE

948 Downing Ave Chico, CA 95926

Estimated Value: $486,000 - $519,973

4 Beds
2 Baths
1,718 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $522,500 $304 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,043/month

74 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Main Floor Bedroom
  • Neal Dow Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2024

They say that location is key, and this delightful 4-bedroom, 2-bathroom residence is perfectly situated within close proximity to all the conveniences of Chico, yet nestled away in a fantastic neighborhood. Step inside to discover hardwood floors, softly painted walls that accentuate the abundant natural light filtering through the windows, and a generous living room featuring a well-placed brick fireplace. Cooking up culinary delights will be a breeze in the fully equipped kitchen, boasting ample counter space, abundant cabinetry, stainless steel appliances, a charming garden window, and a gas range paired with a double oven. Flowing seamlessly from the kitchen is the spacious dining area, ideal for hosting and entertaining. When it's time to unwind, the primary bedroom awaits, offering an ensuite bath complete with dual sinks and a generously sized tiled walk-in shower. Additional amenities include ceiling fans throughout, three spacious guest bedrooms, a separate indoor laundry room, a detached two-car garage with gated entry, and much more! The backyard oasis beckons for summertime relaxation, boasting a sprawling covered patio with ceiling fans, a refreshing in-ground pool, and mature landscaping. Conveniently located near schools, shopping, Bidwell Park, and with easy access to Hwy 99, this home truly offers everything you could desire. Don't miss out on this exceptional opportunity!

Last Agent to Sell the Property

Brandi Laffins

Re/Max of Chico Brokerage Phone: 530-896-9300 License #01140900 Listed on: 04/26/2024

Re/Max of Chico

Last Buyer's Agent

Sabrina Derr

Re/Max of Chico License #01958458

Re/Max of Chico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1954

Lot Details

  • 9,583 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,718 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Above Ground Spa

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 045303018000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mid Century Modern, Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045303018000
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1718.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 304.13
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Above Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Primary Bath, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 9583.20
  • Lot Size Acres: 0.2200
  • Latitude Manual: 39.74641600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.2200 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 30, 2024
Sold by
Chew Janie Marie
Bought by
Chew Derrick M
Seller's Agent
Brandi Laffins
Re/Max of Chico
Buyer's Agent
Sabrina Derr
Re/Max of Chico
List Price
$539,000
Sold Price
$522,500
Premium/Discount to List
-$16,500
-3.06%
Views
130
Current Estimated Value
$506,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,507
Avg. Annual Appreciation
2.48%
Original Mortgage
$242,500
Outstanding Balance
$240,191
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$297,358

Purchase Details

Closed on
Mar 2, 2020
Sold by
Reynolds Kasey J
Bought by
Reynolds Michael A and Reynolds Reynold Kasey

Purchase Details

Closed on
May 24, 2016
Sold by
Reynolds Michael and Reynolds Kasey J
Bought by
Reynolds Kasey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2008
Sold by
Ginno Robert A and Ginno Family Trust
Bought by
Cowan Kasey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2008
Sold by
Cowan Bryan K
Bought by
Cowan Kasey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Chew Derrick M -- Timios Title
Chew Derrick M -- Timios Title
Reynolds Michael A -- None Available
Reynolds Kasey J -- Mid Valley Title & Escrow Co
Cowan Kasey J $305,000 Bidwell Title & Escrow Co
Cowan Kasey J -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew Derrick M $242,500
Previous Owner Reynolds Kasey J $230,000
Previous Owner Cowan Kasey J $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $522,500 -1.2% $304 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $529,000 -1.9% $308 / Sq Ft
05/09/2024 05/09/24 For Sale $539,000 0.0% $314 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $539,000 -- $314 / 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 $4,260 $522,500 $190,000 $332,500
2024 $4,260 $385,049 $151,493 $233,556
2023 $4,210 $377,500 $148,523 $228,977
2022 $4,143 $370,099 $145,611 $224,488
2021 $4,065 $362,843 $142,756 $220,087
2020 $4,053 $359,124 $141,293 $217,831
2019 $3,980 $352,083 $138,523 $213,560
2018 $3,907 $345,180 $135,807 $209,373
2017 $3,828 $338,413 $133,145 $205,268
2016 $3,420 $331,779 $130,535 $201,244
2015 $3,419 $326,797 $128,575 $198,222
2014 $3,065 $295,000 $125,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24083545

California Regional Multiple Listing Service (CRMLS)

APN: 045-303-018-000