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2037 Palm Avenue

2037 Palm Avenue, Chico, CA 95926
Property in East Avenues
Sold May 15, 2020
$305,000
$299,475 by Commerce Home Mortgage Llc
Mortgage Due Jun 01, 2050
Sold Dec 12, 2008
$190,000
$187,525 by Americahomekey Inc
Mortgage Due Jan 01, 2039
Local assessors in Chico, CA have categorized 2037 Palm Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 5,227 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2037 Palm Avenue has a total of 986 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 297 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with wood. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 5, 2020 for $305,000. That's $309.33 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 2008 for $190,000. 2037 Palm Avenue was last assessed in 2022. The total value of the property was assessed at $314,322. Specifically, the land the property is located on was valued at $154,585. While improvements on the property were assessed at a total of $159,737. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,577. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 297
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 986
  • Gross Building Area: 986
  • Building Area: 986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 986
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOHN BIDWELL RHO 14TH
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2037 PALM AVE

Ownership

  • Current Owner : ROBERTS BRIAN
  • Current Owner 2: JONES BRITTANY
  • Previous Owner : FRATES DIANA
  • Owner Before Previous Owner: PARK LUANNE
  • Owner Before Previous Owner 2: PARK ANDREW M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chico Unified School District
  • Census Tract: 000700

Zoning

  • Zoning: R1

Geography

  • Parcel: 003-361-017-000
  • Block: 4
  • Lot: 7,8
  • Latitude: 39.7509
  • Longitude: -121.847

    Address

  • Full Address: 2037 Palm Ave
  • Address - House Number: 2037
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Chico
  • Carrier Code: C016
  • 4-Digit Zip Code: 2355
  • Zip Code: 95926

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,577
  • Tax Rate Code Area: 002433

    Appraisal Valuation

  • Standard Deviation: 0.4338
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 323,940
  • High Value: 464,480
  • Low Value: 183,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,475
  • First Open Lien Mortgage Lender: COMMERCE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 15, 2020
  • First Open Lien Mortgage Loan Amount: $299,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $314,322
  • Assessed Land Value: $154,585
  • Assessed Improvements Value: $159,737

    Sales

  • Current Sale Contract Date: May 05, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Transaction ID: 11761202706
  • Current Sale Price: $305,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0019526
  • Previous Sale Recording Date: Dec 12, 2008
  • Previous Sale Contract Date: Dec 05, 2008
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 15, 2020
  • First Mortgage Loan Amount: $299,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAHOMEKEY INC
  • Previous Mortgage Transaction Date: Dec 12, 2008
  • Previous Mortgage Loan Amount: $187,525
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2039

About The Avenues



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Frequently Asked Questions

What neighborhood is 2037 Palm Avenue located in?
The 2037 Palm Avenue is a located in the neighborhood of East Avenues in The Avenues, Chico.
What is the average sales price for listings in 2037 Palm Avenue?
The average sales price for units in 2037 Palm Avenue is $0 currently.

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