ActiveResidential · sale

313 Southbury

Chico, CA 95973

$499,000

  • 3 beds
  • 2 baths
  • 1,316 sq ft
  • 0.13 acres
  • Built 2003

Listed by LPT Realty · MLS #SN26122835

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2003.

Garage parking

2 garage spaces listed.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Some homes feel like theyre ready for their next chapter the moment you walk through the door and 313 Southbury Ln is one of them Thoughtfully updated and tucked into one of North Chicos most desirable neighborhoods this 3bedroom 2bathroom home offers the kind of comfort that comes from knowing the big projects have already been taken care of Inside the home feels connected and inviting From the front entry your eye is immediately drawn through the living space toward the backyard creating an openness that makes the home feel larger than its 1316 square feet The kitchen sits at the heart of it all bringing together the living and dining areas in a way that feels natural for both everyday routines and gathering with family and friends Rich cherry cabinetry granite countertops and stainless steel appliances create a warm functional centerpiece The layout keeps the bedrooms privately tucked away from the main living spaces creating a welcome separation between entertaining and unwinding In the primary suite vaulted ceilings beautiful flooring a walkin closet and direct access to the backyard create a space that feels like a retreat at the end of the day Outside life slows down a little The oversized covered patio creates an outdoor space that can be enjoyed throughout the year whether its a quiet morning with coffee or an evening gathering with friends Beyond the covered area an expansive open patio provides the perfect setting for backyard barbecues outdoor dining and soaking up Chicos warm summer evenings Raised garden beds and a grassy backyard add even more room to enjoy the outdoors while the levee behind the property creates a welcome sense of separation and privacy with no direct rear neighbors Adding even more peace of mind are the improvements already completed including a new roof in 2023 a new HVAC system in 2024 and an owned 16panel solar system installed in 2024 One of the best parts of living here is how close you are to everything Hartley Park Degarmo Park Beyond Golf Course local coffee shops restaurants and convenient Highway 99 access are all just minutes away making it easy to enjoy everything North Chico has to offer while still coming home to a neighborhood that feels tucked away This is the kind of place where weekends are spent outside gardens are grown and the work of homeownership has already been done so you can simply enjoy living there

THE NEIGHBORHOOD

Explore the location.

313 Southbury, Chico, CA 95973

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,ExhaustFan,FreeStandingRange,Disposal,GasOven,GasRange,Microwave,RangeHood,SelfCleaningOven,WaterToRefrigerator,WaterHeater
Flooring
Carpet,Laminate,Tile
Utilities
ElectricityConnected,SewerConnected,WaterConnected
Fencing
Wood
Accessibility
None
Pool
No
Pool features
None
Spa
No
Parcel
006740011000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,079.17
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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313 Southbury, Chico, CA 95973 · MLS #SN26122835

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Listing information

MLS #SN26122835 · California Regional MLS

Listing brokerage: LPT Realty
Listing agent: Frankie Miller

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.