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640 Burnt Ranch Way

640 Burnt Ranch Way, Chico, CA 95973
Property in Butte
Sold May 18, 2021
$479,000
$431,100 by Summit Funding Inc
Mortgage Due Jun 01, 2051
Sold Mar 02, 2021
$417,000
640 Burnt Ranch Way in Chico, CA was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 640 Burnt Ranch Way has 3,201 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 4,356 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 422 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. The property was last sold in May 13, 2021 for $479,000. That's $149.64 per sqft. Prior to that sales transaction, the property was also sold in Jan 15, 2021 for $417,000. 640 Burnt Ranch Way was last assessed in 2022. The total value of the property was assessed at $488,580. Specifically, the land the property is located on was valued at $153,000. While improvements on the property were assessed at a total of $335,580. 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 $5,782. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 422
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 3,201
  • Gross Building Area: 3,201
  • Building Area: 3,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,201
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CREEKSIDE LANDING SUB UNIT 1
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 339 CREEKSIDE LANDING SUB UNIT 1

Ownership

  • Current Owner : TURNER CHARLES C
  • Current Owner 2: TURNER MEGHAN I
  • Previous Owner : SMITH JERRY D
  • Previous Owner 2: CANNADAY JILL
  • Owner Before Previous Owner: SMITH JERRY D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chico Unified School District
  • Census Tract: 000401

Geography

  • Parcel: 006-770-027-000
  • Lot: 339
  • Latitude: 39.7693
  • Longitude: -121.892

    Address

  • Full Address: 640 Burnt Ranch Way
  • Address - House Number: 640
  • Address - Street Name: Burnt Ranch
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Chico
  • Carrier Code: R016
  • 4-Digit Zip Code: 8293
  • Zip Code: 95973

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,782
  • Tax Rate Code Area: 002428

    Appraisal Valuation

  • Standard Deviation: 0.4338
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 449,888
  • High Value: 645,070
  • Low Value: 254,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $431,100
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $431,100
  • 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: $488,580
  • Assessed Land Value: $153,000
  • Assessed Improvements Value: $335,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11836936365
  • Current Sale Price: $479,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0022846
  • Previous Sale Recording Date: Mar 02, 2021
  • Previous Sale Contract Date: Jan 15, 2021
  • Previous Sale Amount: $417,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $431,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Chico



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Frequently Asked Questions

What neighborhood is 640 Burnt Ranch Way located in?
The 640 Burnt Ranch Way is a located in the neighborhood of Butte in Chico, Chico.
What is the average sales price for listings in 640 Burnt Ranch Way?
The average sales price for units in 640 Burnt Ranch Way is $0 currently.

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