56 Commonwealth Ct, #1, Chico, CA 95973 Property Records

Butte County property record for 56 Commonwealth Ct, #1, Chico, CA 95973

Property Summary

Property Type	Multi-Family Dwellings
Details	4 bd · 3 ba · 1,867 sqft · built 2018
Lot Size	0.19 acres (8,276 sqft)
Owner	Company Name on Record
Last Sale	$449,000 (Jan 2018)
Tax Bill	$7,828 (2025)
Deeds & Mortgages	Jan 2022 Mortgage Jun 2022 Transfer + 2 more
Flood Zone	Zone X (moderate risk)
APN	`016-370-003-000`

Property Details

APN / Parcel Number

Primary APN	`016-370-003-000`
Alternative APN	`016-370-003`

Interior

Bedrooms	4 Beds
Full Baths	3 Baths
Total Rooms	7 Rooms
Units	2 Units
Stories	1 Story
Building Area	1,867 sqft Living Area
1st Floor Area	1,867 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2018
Effective Year Built	Effective 2018
Architectural Style	Multi-Family
Construction Type	Wood
Lot Area	8,276 sqft (0.19 acres)
Garage Type	Attached
Garage Area	480 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Old Parcel Number	016-370-003
Street Address	56 COMMONWEALTH CT, 1
City	CHICO
State	CA
Zip	95973-8245
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	R1
Legal Description	LOT 223 FOOTHILL PARK EAST SUBDIVISION UNIT 7
Legal Subdivision	FOOTHILL PARK EAST SUBDIVISION UNIT 7
Legal Lot Number	223
Jurisdiction	BUTTE CA
Township / Civil Division	CHICO
Census Block Group	2
Census Block	2000
Census Tract	103

Owner

Source: Butte County records, as of August 21, 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	56 COMMONWEALTH CT, CHICO, CA 95973-8245
Owner Type	Company
Vesting	Trust, Revocable Trust

Deeds, Mortgages & Sale History

Date	Document
Jan 6, 2022	Deed of Trust, Mortgage · Conventional Mortgage WELLS FARGO BANK NA
Jun 22, 2022	Intrafamily Transfer, Transfer
Feb 11, 2020	Deed of Trust, Mortgage · Conventional Mortgage SUMMIT FUNDING INC
Jan 26, 2018	Grant Deed, Subdivision Related Transfer · Conventional Mortgage QUICKEN LNS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 26, 2018 · Amount on Record
Deed Sale	Jan 26, 2018 · Amount on Record
Deed Document Number	20183554
Last Transfer Date	Jun 9, 2022
Transfer Doc	0000021231
Record Updated	Oct 29, 2026

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUTTE CA
Property Address	56 COMMONWEALTH CT # 1, 1, CHICO, CA 95973-8245
Transaction Type	Mortgage
Record Updated	Aug 22, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	56 COMMONWEALTH CT, CHICO, CA 95973-8245

Mortgage

Document Number	0000000440
Date	Jan 6, 2022
Instrument	2022-0000440

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jan 1, 2052

June 2022: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	BUTTE CA
Recording Date	Jun 22, 2022
Property Address	56 COMMONWEALTH CT # 1, 1, CHICO, CA 95973-8245
Document Number	0000021231
Map Reference	MB 187 PG 90-92
Instrument Date	Jun 9, 2022
Instrument	2022-0021231
Transaction Type	Transfer
Record Updated	Aug 22, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	56 COMMONWEALTH CT, CHICO, CA 95973-8245

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUTTE CA
Property Address	56 COMMONWEALTH CT # 1, 1, CHICO, CA 95973-8245
Transaction Type	Mortgage
Record Updated	Aug 19, 2021
Title Company	MID VALLEY TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000006376
Date	Feb 11, 2020
Instrument	2020-0006376

Lender

Name	SUMMIT FUNDING INC
Type	Mortgage Company
Address	SACRAMENTO, CA 95815

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2050

January 2018: Grant Deed, Subdivision Related Transfer

Document Type	Grant Deed
Jurisdiction	BUTTE CA
Recording Date	Jan 26, 2018
Property Address	56 COMMONWEALTH CT # 1, 1, CHICO, CA 95973-8245
Document Number	0000003554
Instrument Date	Jan 10, 2018
Instrument	3554
Transaction Type	Subdivision Related Transfer
Record Updated	Feb 13, 2018
Title Company	RIO VALLEY TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$493.90
Amount Accuracy	Full Value
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	56 COMMONWEALTH CT CHICO CA 959738245, CHICO, CA 95973-8245

Mortgage

Document Number	3556
Date	Jan 26, 2018
Instrument	3556

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jan 25, 2048

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	Assessed Market Value
2026		$620,683 (+2%) Land $185,691 Building $434,992
2025	$7,828.00 (+10.36%)	$608,513 (+4.04%) Land $182,050 Building $426,463
2024			$627,750
2023	$7,093.00 (+3.74%)	$584,885 Land $174,982 Building $409,903
2022	$6,837.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

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
Flood Insurance Cost	Premium on Record median of 13 policies
Nearby Flood Policies	13 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	Moderate above 67% of the US · above 42% of California
Wildfire Likelihood	0.2% annual chance
Exposure	Direct burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 73 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
unWired Broadband Fixed Wireless	400 / 50
DigitalPath Fixed Wireless	400 / 20
Verizon Fixed Wireless	300 / 20

May also be available: AT&T, T-Mobile.

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