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452 Palisades Drive

452 Palisades Drive, Chico, CA 95928
Sold Jan 10, 2020
$375,000
$323,700 by Millennial Home Lending Inc
Mortgage Due Jun 01, 2051
Sold Apr 29, 2005
$381,000
$190,450 by Boston Private Bank & Trust
Mortgage Due May 01, 2035
452 Palisades Drive in Chico, CA was first built in 1992 and is 32 years old. Although, the building on the property was most recently renovated and altered in 1993. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 452 Palisades Drive has 1,632 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 479 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 452 Palisades Drive was last sold in Jan 6, 2020 for $375,000. According to our calculations, that's $229.78 per sqft. Prior to that sales transaction, the property was sold for $381,000 in Apr 22, 2005. Current property owners are expected to pay $4,318 in taxes per year. The property on 452 Palisades Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $386,461. To break that down further, the land itself was valued at $170,043. While improvements to the property were assessed at a total of $216,418. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 479
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,632
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CALIFORNIA PARK SUB NO 1-B
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 248 CALIFORNIA PARK SUB NO 1-B

Ownership

  • Current Owner : HOFFMEISTER JOHN K
  • Current Owner 2: HOFFMEISTER HEATHER L
  • Previous Owner : ROSEBROOK CHARLES E
  • Previous Owner 2: ROSEBROOK NANCY E
  • Owner Before Previous Owner: LEHOR TIMOTHY P
  • Owner Before Previous Owner 2: LEHOR LORI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chico Unified School District
  • Census Tract: 000904

Zoning

  • Zoning: R1

Geography

  • Parcel: 018-170-033-000
  • Lot: 248
  • Latitude: 39.755
  • Longitude: -121.784

    Address

  • Full Address: 452 Palisades Dr
  • Address - House Number: 452
  • Address - Street Name: Palisades
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Chico
  • Carrier Code: C055
  • 4-Digit Zip Code: 3938
  • Zip Code: 95928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,318
  • Tax Rate Code Area: 002062

    Appraisal Valuation

  • Standard Deviation: 0.4338
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 395,446
  • High Value: 567,008
  • Low Value: 223,883

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,700
  • First Open Lien Mortgage Lender: MILLENNIAL HOME LENDING INC
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $323,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $386,461
  • Assessed Land Value: $170,043
  • Assessed Improvements Value: $216,418

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 10, 2020
  • Current Sale Transaction ID: 11719402199
  • Current Sale Price: $375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0001101
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Contract Date: Apr 22, 2005
  • Previous Sale Amount: $381,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jan 10, 2020
  • First Mortgage Loan Amount: $318,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BOSTON PRIVATE BANK & TRUST
  • Previous Mortgage Transaction Date: Apr 29, 2005
  • Previous Mortgage Loan Amount: $190,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2035

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Frequently Asked Questions

What neighborhood is 452 Palisades Drive located in?
The 452 Palisades Drive is a house located in the neighborhood of California Park in California Park, Chico.
What is the average sales price for listings in 452 Palisades Drive?
The average sales price for units in 452 Palisades Drive is $0 currently.

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