Movoto Real Estate
Sold on 06/22/2026
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406 Panama Ave, Chico, CA 95973

$420,000

Last sold 06/22/2026 after 278 Days

  • 4

    bed

  • 2

    bath

  • 2,756

    Sqft ($152/Sqft)

House not for sale

About 406 Panama Ave

Property type House
Year built 1948
HOA fee $0/month
Lot size 1.51 Acre
Movoto estimate
Parking 2 garage spaces
Property description
New Price!! Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. This home needs some repairs which is reflected in the new price. Photos were taken when the home was furnished and staged.
Listed by
Listing Agent - Elke Haldorson
Listing Agent Contact: 5303215951
Listing Office - eXp Realty of California, Inc.
Source: CRMLS mls logo
MLS#SN25231386 • last updated 2 months ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style One, Custom Built, House
Type Residential
SubType Single Family Residence
Status Closed
Living Area 2756
Lot Size (Acres) 1.51
Lot Size (SqFt) 65776
Year Built 1948
Condition Turnkey
Interior
# Three-Quarter Baths 1
Total # of Bathrooms 2
# Full Baths 1
Total # of Bedrooms 4
Appliances Gas Cooktop, Disposal, Microwave, Dishwasher
Interior Features Ceiling Fan(s), Pantry
Window Features Bay Window(s), Screens
Exterior
Foundation Raised
Construction Plaster, Stucco
Roof Composition
Parking Garage, Concrete, Paved, Direct Garage Access, RV Access/Parking, Driveway Level
# Parking Spaces 2
# Garage Spaces 2
Lot Description Lot Over 40000 Sqft, Level With Street, Rectangular Lot, Agricultural, Back Yard
Amenities / Utilities
Fireplaces Living Room, Family Room
Sewer/ Septic Conventional Septic
Water Source Public
Spa None
Pool None
Location
View Neighborhood
County Butte
Community Features Biking, Hiking
High School District Chico Unified
Zoning ML-AOD, PD
Directions Esplanade To Panama. Last House On The Left.
APN 6160034000
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$420K
Range: $394K-$445K
Last 30 days 
  • Jun 2026
    mls logo MLS # SN25231386
  • Jun 22, 2026 Sold
    $420,000 (-13.4%)
  • May 13, 2026 Active
  • Apr 10, 2026 Listed
    $485,000 (-17.1%)
  • Mar 15, 2026 Active
  • Jan 5, 2026 Price Change
    $585,000 (-5.6%)
  • Sep 17, 2025 Listed
    $620,000
  • Year Property taxes Tax assessment
  • 2024
    $6,524 +137.6%
    $601,800 +145.01%
  • 2023
    $2,746 +1.7%
    $245,627
  • 2022
    $2,699 +1.9%
    $245,627 +2.0%
  • 2021
    $2,649 +0.3%
    $240,811 +3.06%
  • 2020
    $2,641 +1.8%
    $233,671
  • 2019
    $2,593 +1.9%
    $233,671 +2.0%
  • 2018
    $2,546
    $229,090
  • 406 Panama Ave
    $420K
  • 95973
    $559K +1% y/y
  • Chico
    $499K +3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
378 Panama Ave, Chico, CA 95973 $403,000 3/2 1,726 0.03
39 Franciscan Way, Chico, CA 95973 $326,000 3/2 1,092 0.03
37 Franciscan Way, Chico, CA 95973 $341,000 3/2 1,156 0.03
35 Franciscan Way, Chico, CA 95973 $373,000 3/2 1,669 0.04
33 Franciscan Way, Chico, CA 95973 $302,000 3/1 1,130 0.05
38 Franciscan Way, Chico, CA 95973 $336,000 3/2 1,156 0.05
36 Franciscan Way, Chico, CA 95973 $336,000 3/1 1,130 0.06
360 Panama Ave, Chico, CA 95973 $356,000 3/1 1,085 0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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