tomo logo

$399,900

Beds
2
Baths
1.0
sq ft
988

1536 Spruce Ave, Chico, CA 95926

1536 Spruce Ave

Chico, CA 95926

  • 112 days on market
Located just three blocks from Enloe Hospital & less than a mile from the museums, cafes, & shops of historic downtown Chico, this Chico Charmer beckons you to take a seat on the sweeping front porch & admire the stunning Japanese maple. Step through the door of this lovingly updated 1930s cottage & you will find yourself in a spacious living room with original coved ceilings & updated wide plank hardwood floors. The room flows seamlessly into a dining area & kitchen with natural light pouring in. From the crown moldings & blown glass light fixture to the European style vent hood, the kitchen has been tastefully updated while maintaining the vintage charm of yesteryear. Abundant storage can be found in the laundry room, which leads you into the backyard. Step off the original brick stoop on to the patio, overflowing with flowering perennials, vines, and succulents. Here you will find a BBQ with a permanent gas line for all of your entertaining needs. Back inside, the living room & kitchen flow easily into a hallway that opens to both bedrooms & the charmingly updated bathroom. Each well-sized bedroom has a walk-in closet. As you enter the primary bedroom, you will be greeted by natural light pouring through 4 windows & 2 French doors that beckon you out onto the back deck. Step into the yard, where mature shrubs & trees, a lush green lawn, & a tangle of vines create a peaceful sanctuary with a touch of wild nature. Behind the detached garage (which could potentially be converted to an ADU; buyer to inquire with City), you will find two raised garden beds, planted with herbs, vegetables & wildflowers that attract beneficial pollinators to this sunny corner of the yard. The detached garage includes power, a workbench, storage cabinets, two storage lofts, & shelves. In the past three years, the seller has replaced the roof, upgraded the attic insulation, renovated the bathroom, addressed structural issues in & under the house, repaired all known pest & dry rot issues on the house, installed all new flooring (but preserved the historic tile work in the kitchen & laundry), installed all new light/fan fixtures, painted the entire interior & exterior, replaced several kitchen appliances, completed major tree work, & upgraded the sprinkler systems. The house is hooked up to city sewer, & has an upgraded electrical panel with plenty of room to add solar, HVAC, a car charger, or an ADU. This darling cottage is truly move-in ready…just bring your dreams!

Details

Property type

Single Family Residence

Est. home value

$372,109

Lot size

4,792 sq ft

Price per sq ft

$405

Year built

1937

Price History

07/24/2024
CRMLS

CRMLS #OR24110465

Listed
$399,900
06/15/2024
CRMLS

CRMLS #OR24110465

Pending
$399,900
05/31/2024
CRMLS

CRMLS #OR24110465

Listed
$399,900
+19.02%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Chico Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$67,610
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$300,298
Cash to seller
$67,610

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Commerce Home Mortgage Llc

Loan start date

March 2021

Original loan amount

$325,920

Est. remaining balance

$300,298

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Abigail R Whittaker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 5:55 PM

Listing updated: 09/08/2024 at 3:41 PM

Listed by: Steve McCarthy, eXp Realty of California Inc

MLS: CRMLS #OR24110465

CRMLS logo

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