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$1,149,000

Beds
4
Baths
3.0
sq ft
3,822

38 Fairway Dr, Chico, CA 95928

38 Fairway Dr

Chico, CA 95928

  • 37 days on market
    • Price drop $46,000↓
Sitting on the 10th fairway of the scenic Butte Creek Country Club, this stunning custom-built home is a true treasure. Impeccably maintained and the current owner has introduced some beautiful modern updates that won't disappoint! The spacious, light-filled living room features a striking updated fireplace with a stylish shiplap background. Adjacent to it, the generous dining area seamlessly connects the living room to the sunroom. The breakfast/sunroom is a haven of natural light, offering serene views of the lush fairway, a perfect place to start or end your day. The spacious kitchen features newer double ovens and a dishwasher, granite countertops, a kitchen island, and ample counter space and cabinetry. The lower level of the home is designed for versatility and comfort, including an office, a library nook, a bedroom, a large den or family room with a fireplace, a wet bar and a bathroom with direct access to the pool and patio area. Upstairs, two spacious guest bedrooms accompany the primary suite, which includes an extra-large walk-in closet, a cozy fireplace, and an en-suite bathroom with dual sinks, a walk-in shower, a jacuzzi tub, and a vanity. A private terrace off the primary suite offers stunning views of the lush landscaping, pool, and golf course. The backyard is an entertainer's paradise, offering an abundance of patio and decking space, pool with a waterfall and a retractable awning, perfect for hosting gatherings or enjoying serene outdoor living. Additional features of this exceptional home include OWNED SOLAR, dual-zone HVAC system, a whole-house fan, automatic timed lighting in the front and back, original wood flooring, and surround sound throughout. Don't miss the chance to own this gorgeous property in one of Chico’s finest communities!

Details

Property type

Single Family Residence

Est. home value

$1,097,700

Lot size

0.52 acres

Price per sq ft

$301

Year built

1987

Price History

09/03/2024
CRMLS

CRMLS #SN24158293

Price change
$1,149,000
-3.85%
08/13/2024
CRMLS

CRMLS #SN24158293

Listed
$1,195,000
+8.64%
05/18/2023
CRMLS

CRMLS #SN22232911

Sold
$1,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

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

$662,851
Asking price
$1,149,000
Closing costs (~8% of asking)
-$91,920
Est. remaining loan balance
-$394,229
Cash to seller
$662,851

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

Seller’s Loan History

Lender

Infinity Equity Group Llc

Loan start date

April 2023

Original loan amount

$400,000

Est. remaining balance

$394,229

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Robert Gerard Armstrong and The Robert Gerard Armstrong Living Trust

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 3:20 PM

Listing updated: 09/14/2024 at 2:31 PM

Listed by: John Barroso, Parkway Real Estate Co. Phone #: (530) 592-3432

MLS: CRMLS #SN24158293

CRMLS logo

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