490 Posada Way, Chico, CA 95973 Property Records

Butte County property record for 490 Posada Way, Chico, CA 95973

Property Summary

Property Type	Multi-Family Dwellings
Details	36 bd · 24 ba · 3,831 sqft · built 2003
Lot Size	0.77 acres (33,541 sqft)
Owner	Company Name on Record
Last Sale	$4,500,000 (Aug 2021)
Tax Bill	$27,534 (2025)
Deeds & Mortgages	Mar 2020 Mortgage Feb 2017 Transfer + 1 more
Flood Zone	Zone X (moderate risk)
APN	`007-310-012-000`

Property Details

APN / Parcel Number

Primary APN	`007-310-012-000`
Alternative APN	`007-310-012`

Interior

Bedrooms	36 Beds
Full Baths	24 Baths
Total Rooms	36 Rooms
Units	12 Units
Stories	2 Stories
Building Area	3,831 sqft Living Area

Exterior

Year Built	Built 2003
Effective Year Built	Effective 2004
Architectural Style	Multi-Family
Construction Type	Wood
Foundation Type	Slab (Mat/Raft)
Lot Area	33,541 sqft (0.77 acres)
Garage Type	Attached
Garage Area	809 sqft
Parking Spaces	3 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Street Address	490 POSADA WAY
City	CHICO
State	CA
Zip	95973-0522
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	R2
Legal Description	490 POSADA WAY
Legal Subdivision	JOSHUA TREE
Legal Lot Number	10,11
Jurisdiction	BUTTE CA
Township / Civil Division	CHICO
Census Block Group	4
Census Block	4005
Census Tract	201

Owner

Source: Butte County records, as of October 12, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	3405 KENYON ST, 411, SAN DIEGO, CA 92110-5007
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 23, 2020	Deed of Trust, Mortgage · Commercial Mortgage MECHANICS BANK
Feb 28, 2017	Quit Claim Deed, Transfer FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE COMPANY
Feb 28, 2017	Grant Deed, Transfer RABOBANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 12, 2021 · Amount on Record
Deed Sale	Aug 12, 2021 · Amount on Record
Prior Sale	Jun 18, 2015 · Amount on Record
Deed Document Number	202136057
Prior Transfer Date	Jun 9, 2015
Prior Transfer Doc	0000021396
Record Updated	Oct 29, 2026

March 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUTTE CA
Property Address	490 POSADA WAY, CHICO, CA 95973-0522
Transaction Type	Mortgage
Record Updated	Jul 19, 2022
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000012913
Date	Mar 23, 2020
Instrument	2020-0012913

Lender

Name	MECHANICS BANK
Type	Bank
Address	SANTA MARIA, CA 93456

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

February 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	BUTTE CA
Recording Date	Feb 28, 2017
Property Address	490 POSADA WAY, CHICO, CA 95973-0522
Document Number	0000007723
Instrument Date	Feb 22, 2017
Instrument	7723
Transaction Type	Transfer
Record Updated	Mar 23, 2017
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE COMPANY

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	20 ROLLING VIEW LN FALLBROOK CA 920289234, FALLBROOK, CA 92028-9234

February 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	BUTTE CA
Recording Date	Feb 28, 2017
Property Address	490 POSADA WAY, CHICO, CA 95973-0522
Document Number	0000007724
Instrument Date	Feb 22, 2017
Instrument	7724
Transaction Type	Transfer
Record Updated	Aug 17, 2018
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE COMPANY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,097.50
Amount Accuracy	Full Value
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	1965 CONFIDENCE CT GOLD RIVER CA 956707263, GOLD RIVER, CA 95670-7263

Mortgage

Document Number	7725
Date	Feb 28, 2017
Instrument	7725

Lender

Name	RABOBANK
Type	Bank
Address	SANTA MARIA, CA 93456-6010

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Butte County assessment roll, as of August 21, 2026

Property Jurisdictions

Type	Name
State	California
County	Butte County
Municipality	Chico City
Unified School District	Chico Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$2,435,058 (+2%) Land $324,729 Building $2,110,329
2025	$27,534.00 (+7.66%)	$2,387,411 (+4.03%) Land $318,362 Building $2,069,049
2023	$25,575.00 (+1.61%)	$2,294,900 Land $306,000 Building $1,988,900
2022	$25,169.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective June 30, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 88% of California
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CAL-WATER SERVICE CO.-CHICO private · serves 110,473 people · EPA ID CA0410002
Water Source	Groundwater
Last State Inspection	May 2024
Lead	Under 1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 556 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
DigitalPath Fixed Wireless	400 / 20

May also be available: AT&T, GeoLinks, T-Mobile, unWired Broadband, Verizon.

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