tomo logo

$875,000

Beds
3
Baths
2.0
sq ft
2,308

2775 Kennedy Ave, Chico, CA 95973

2775 Kennedy Ave

Chico, CA 95973

  • 83 days on market
    • Price drop $24,000↓
Nestled on the outskirts of Chico, this exceptional mid-century modern home offers a rare blend of timeless design and expansive countryside living. Situated on almost 10 acres (3 parcels) of lush, fenced and cross-fenced horse property, this estate features a barn, an oversized shop, and ample space for outdoor pursuits. Inside the home, you are greeted by a spacious family room adorned with a magnificent rock fireplace, a focal point complemented by soaring beamed ceilings that enhance the room's grandeur. The uniquely updated bathrooms throughout the home provide a perfect balance of modern convenience and vintage charm. You will appreciate the newer laminate flooring, updated doors, hardware and lighting. The home boasts generously sized bedrooms, providing comfortable retreats for family and guests alike. A well-appointed, centralized kitchen with stainless appliances and bright tile countertops offers a perfect blend of functionality and style at the heart of this home. Additionally, find a 2nd living or Bonus Room just off the entryway. Step outside to discover a covered patio area, ideal for entertaining or simply enjoying the serene views of the expansive back yard, shaded by a large tree and extra concrete work to expand your entertainment or play area needs, fully fenced for privacy and security. Whether you envision relaxing evenings under the stars or hosting gatherings with loved ones, this outdoor oasis promises a setting of tranquility and natural beauty. There are multiple fenced areas suitable for horses or other livestock and the soil in this area houses many happy orchards as well. The property's proximity to Chico ensures convenience while still offering the seclusion and space of a rural retreat, while being close to lakes, parks and the Sacramento River ensuring many places to ride or recreate. Chico is about 2 hours from Sacramento, Oregon & the Bay Area. Don't miss the opportunity to own this captivating mid-century modern gem, where classic architecture meets contemporary comfort in a picturesque setting. Sq Ft, lot size taken from county records, this and all information to be verified by buyer to their satisfaction.

Details

Property type

Single Family Residence

Est. home value

$914,900

Lot size

8.66 acres

Price per sq ft

$380

Year built

1976

Price History

07/26/2024
CRMLS

CRMLS #SN24116306

Price change
$875,000
-2.67%
06/28/2024
CRMLS

CRMLS #SN24116306

Listed
$899,000
+7.66%
01/11/2022
CRMLS

CRMLS #SN21231518

Sold
$835,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$782,787
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$22,213
Cash to seller
$782,787

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

Seller’s Loan History

Lender

Loancare Llc

Loan start date

November 2023

Original loan amount

$22,411

Est. remaining balance

$22,213

Interest rate

7.18%

Loan type

FHA, 29 year

Seller

Martin Mcdonald and Kelly J Mcdonald

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 9:35 AM

Listing updated: 09/17/2024 at 7:41 PM

Listed by: Becky Johns, Keller Williams Realty Chico Area Phone #: (530) 809-3700

MLS: CRMLS #SN24116306

CRMLS logo

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