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Off Market Feb 2007 for $2.4M

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Est. refi paymentEst. refi $3,756/mo

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•

— ba

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26,880

sq ft

463 Posada Way, Chico, CA 95973

About this home

Cottonwood is nestled in a quiet cul-de-sac in North Chico. This 48 unit one bedroom garden-style community offers 550 sq. ft. of living space with walk-in closets, ceiling fans, individual gas barbeques on the patios and ample parking. On-site laundry facilities, swimming pool, suana, tennis courts and a picnic area. The apt buildings are located on 2 parcels totaling 1.77 acres. GO TO LOOPNET. COM FOR MORE DETAILS ON THIS PROPERTY. listings. loopnet.com/emartin@hignell.com

Multi-familyProperty Type

1978Year Built

$89Price/Sq.Ft.

Listed by Eric Martin •DRE #01076750 • Hignell Incorporated

Bought with Eric Martin •DRE #01076750 • Hignell Incorporated

Redfin checked: a few seconds ago

•Source:CRMLS #CH200603148

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 95973, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+0.0% MoM

Median sale price

$550K

$17K MoM

Avg. days on market

39d

3 days MoM

Recently sold homes

106

8 MoM

New listings for sale

NEW 11 HRS AGO
$55,000
2 beds2 baths1,440 sq ft
3549 Esplanade #249, Chico, CA 95973
NEW 34 HRS AGO
$1,630
3 beds2 baths1,696 sq ft
2674 Brenni Way, Chico, CA 95973
$975,000
3 beds2.5 baths2,300 sq ft
4816 Wilson Lndg, Chico, CA 95973
OPEN TODAY, 1PM TO 3PM
$550,000
3 beds2.5 baths1,581 sq ft
2953 Kennedy, Chico, CA 95973
$129,900
3 beds2 baths1,310 sq ft
3534 Anza Way, Chico, CA 95973
$129,900
2 beds2 baths729 sq ft
701 E Lassen Ave #186, Chico, CA 95973
COMING SOON
$865,000
4 beds3 baths2,416 sq ft
4120 Keefer, Chico, CA 95973
OPEN TODAY, 1PM TO 3PM
$475,000
3 beds2.5 baths1,547 sq ft
3103 Steiner Ln, Chico, CA 95973
$449,000
3 beds2 baths1,234 sq ft
2771 Levi, Chico, CA 95973
$125,000
3 beds2 baths1,152 sq ft
3556 Ebano Way #195, Chico, CA 95973
See all

Provided by Redfin

Sale history for 463 Posada Way

Year

Property tax

Land + Additions

Assessment*

2025

$17,435 (+6.4%)

$573,957 + $955,234

$1,529,191

2024

$16,384 (+1.2%)

$562,703 + $936,504

$1,499,207

2023

$16,193 (+103.3%)

$551,670 + $918,142

$1,469,812

2022

$7,964 (−49.0%)

$540,853 + $900,140

$1,440,993

2021

$15,630 (+0.3%)

$530,249 + $882,491

$1,412,740

2020

$15,587 (+1.8%)

$519,852 + $865,188

$1,385,040

2019

$15,307 (+1.9%)

$514,522 + $856,317

$1,370,839

2018

$15,029 (+2.1%)

$504,434 + $839,527

$1,343,961

2017

$14,721 (+9.5%)

$484,848 + $806,928

$1,291,776

2016

$13,439

$484,848 + $806,928

$1,291,776

2015

$13,441 (+2.5%)

$475,342 + $791,106

$1,266,448

2014

$13,118 (−1.1%)

$459,031 + $763,960

$1,222,991

2013

$13,269 (−17.8%)

$459,031 + $763,960

$1,222,991

2012

$16,140

$456,957 + $760,508

$1,217,465

Tax history for 463 Posada Way

Year

Property tax

Land + Additions

Assessment*

2025

$17,435 (+6.4%)

$573,957 + $955,234

$1,529,191

2024

$16,384 (+1.2%)

$562,703 + $936,504

$1,499,207

2023

$16,193 (+103.3%)

$551,670 + $918,142

$1,469,812

2022

$7,964 (−49.0%)

$540,853 + $900,140

$1,440,993

2021

$15,630 (+0.3%)

$530,249 + $882,491

$1,412,740

2020

$15,587 (+1.8%)

$519,852 + $865,188

$1,385,040

2019

$15,307 (+1.9%)

$514,522 + $856,317

$1,370,839

2018

$15,029 (+2.1%)

$504,434 + $839,527

$1,343,961

2017

$14,721 (+9.5%)

$484,848 + $806,928

$1,291,776

2016

$13,439

$484,848 + $806,928

$1,291,776

2015

$13,441 (+2.5%)

$475,342 + $791,106

$1,266,448

2014

$13,118 (−1.1%)

$459,031 + $763,960

$1,222,991

2013

$13,269 (−17.8%)

$459,031 + $763,960

$1,222,991

2012

$16,140

$456,957 + $760,508

$1,217,465

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.88 Acres

Year renovated

1979

Sq. Ft.

13,440

Year built

1979

Style

Multi-Family (5+ Unit)

County

Butte County

APN

007310004000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Medium Density Residential District

The R2 zoning district is applied to areas appropriate for medium density residential development with a mixture of housing types, including single-family homes, duplexes, and multi-family residential projects. The development standards and permit requirements of the R2 district are intended to preserve existing neighborhoods while providing for additional compatible development. Permitted densities range from a minimum of 6 to a maximum of 14 units per acre. The R2 zoning district is primarily intended to implement the Medium Density Residential land use designation of the General Plan.

Zone overlays

Airport, Commercial District

Permitted uses

Include but are not limited to:

Livestock production
Garden center
Day care facility
Housing-Multiple units
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park

Property details

Interior

Multi-Unit Information
Net Operating Income: $156,511
Total Building Area: 26,880
# Of Buildings: 2

Exterior

Property Information
Total # of Units: 48
Parcel Number: 000

Utilities

Utilities Information
Well Pump Horsepower: 0.00

Location

Location Information
Latitude: 39.76680100
Longitude: -121.86174500

Public facts

Beds: 24
Baths: 24.0
Sq. Ft.: 13,440
Stories: 2.0
Lot Size: 0.88 acres
Style: Multi-Family (5+ Unit)
Year Built: 1979
Year Renovated: 1979
County: Butte County
APN: 007310004000

Home facts updated by county records on Aug 7, 2026

Other

Listing Information
Days Active in MLS: 190
Continuous Days Active in MLS: 190

Listing Agent Information
List Agent First Name: Eric
List Agent Last Name: Martin

Listing Office Information
List Office Name: Hignell Incorporated

Selling Agent Information
Buyer Agent First Name: Eric
Buyer Agent Last Name: Martin
Co-Buyer Agent First Name: Eric
Co-Buyer Agent Last Name: Martin

Selling Office Information
Buyer Office Name: Hignell Incorporated
Co-Buyer Office Name: Hignell Incorporated

Around this home

Schools

Mcmanus (John A.) Elementary School

Public K-5 • Assigned • 1.2mi

2/10

Bidwell Junior High School

Public 6-8 • Assigned • 1.4mi

6/10

Pleasant Valley High School

Public 9-12 • Assigned • 2.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

5% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 105° expected this year, 16 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

35 unhealthy days expected this year, 40 days in 30 years

Provided by First Street

Historical weather

Chico, CA • 95973

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 13.4 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

13.4 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 95973

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$975,000

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OPEN TODAY, 1PM TO 3PM

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2953 Kennedy, Chico, CA 95973

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3 beds2 baths1,310 sq ft

3534 Anza Way, Chico, CA 95973

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701 E Lassen Ave #186, Chico, CA 95973

COMING SOON

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OPEN TODAY, 1PM TO 3PM

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Home values near 463 Posada Way

Data from public records.

Address	Redfin Estimate
470 Posada Way, Chico, CA 36 Beds \| 24 Baths \| 3831 Sq. Ft.	$780,252
Posada Way, Chico, CA 1 Beds \| 1 Baths \| 550 Sq. Ft.	—

Address	Redfin Estimate
460 Posada Way, Chico, CA 36 Beds \| 24 Baths \| 14004 Sq. Ft.	—
453 Posada Way, Chico, CA 20 Beds \| 20 Baths \| 2268 Sq. Ft.	—

Address	Redfin Estimate
452 Posada Way, Chico, CA 20 Beds \| 20 Baths \| 2268 Sq. Ft.	—
473 Posada Way, Chico, CA 24 Beds \| 24 Baths \| 13440 Sq. Ft.	—

Property information provided by CRMLS when last listed in 2006. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 95973, CA

Sale history for 463 Posada Way

Tax history for 463 Posada Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 95973

Home values near 463 Posada Way

More real estate resources