NOT LISTED FOR SALE

123 Terrace Dr Chico, CA 95926

Estimated Value: $323,000 - $428,000

3 Beds
2 Baths
1,396 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $178,400 $128 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,223/month

170 Days on Market

Highlights

  • Cabana
  • Open Floorplan
  • Contemporary Architecture
  • Neal Dow Elementary School Rated A-
  • Deck
  • Property is near a park

About This Home

As of May 2012

Great location for this 3 bedroom, 2 (full0 bathroom home. Home is almost 1,400 sq ft plus a sun room. Home sits on a large lot with a swimming pool & a large "double gate". Could be used for RV or extra vehicle. Not too far from the park. This is a short sale w/ 1 loan on the property.

Last Agent to Sell the Property

Marty Leatherman

Re/Max of Chico License #01185324 Listed on: 10/06/2011

Re/Max of Chico

Last Buyer's Agent

Kim Tonge

Century 21 Select Real Estate, Inc. License #01318330

Century 21 Select Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1953

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 110'x78'
  • Redwood Fence
  • Landscaped
  • Front Yard Sprinklers
  • Wooded Lot
  • Lawn
  • Garden

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Potential

Property Views

  • Pool
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,396 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Awning
  • Drapes & Rods
  • Blinds
  • Garden Windows
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Outbuilding
  • Outdoor Grill

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Gas Water Heater
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 045372007000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,359

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: washer, dryer, dishwasher, stove, all pool equipment
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045372007000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1396.00
  • Interior Amenities: Ceiling Fan(s), Corian Counters, Open Floorplan, Phone System, Storage
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 127.79
  • Room Type: Attic, Bonus Room, Family Room, Master Bedroom, Walk-In Closet, Sun
  • Window Features: Blinds, Drapes, Garden Window(s), Screens

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Gazebo, Outbuilding
  • Exterior Features: Awning(s), Barbecue Private
  • View: Neighborhood, Pool
  • Fence: Yes
  • Fencing: Redwood
  • Patio And Porch Features: Cabana, Covered, Concrete, Deck, Porch, Front Porch, Patio
  • Pool Features: Gunite, In Ground, Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Potential
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In, Dishwasher, Electric Cooking, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Cooktop
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Garden, Lawn, Landscaped, Park Nearby, Sprinklers In Front, Sprinklers Timer, Sprinkler System, Near Public Transit, Treed Lot
  • Lot Size: 110'x78'
  • Lot Size Sq Ft: 9147.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9147.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
May 17, 2012
Sold by
Young Sandra L
Bought by
Merrill Timothy L and Merrill Lauren D
Seller's Agent
Marty Leatherman
Re/Max of Chico
Buyer's Agent
Kim Tonge
Century 21 Select Real Estate, Inc.
List Price
$219,500
Sold Price
$178,400
Premium/Discount to List
-$41,100
-18.72%
Current Estimated Value
$386,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,895
Avg. Annual Appreciation
5.87%
Original Mortgage
$175,168
Outstanding Balance
$121,194
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$265,101

Purchase Details

Closed on
Nov 14, 2007
Sold by
Kuntzler Angela L and Kuntzler Nicholas F
Bought by
Young Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2000
Sold by
Sivesind Neale B and Sivesind Marne A
Bought by
Kuntzler Nicholas F and Kuntzler Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merrill Timothy L $178,500 Bidwell Title & Escrow Co
Young Sandra L $280,000 Bidwell Title & Escrow Co
Kuntzler Nicholas F $80,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Timothy L $175,168
Previous Owner Young Sandra L $252,000
Previous Owner Kuntzler Nicholas F $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2012 05/23/12 Sold $178,400 -0.8% $128 / Sq Ft
03/08/2012 03/08/12 Price Changed $179,900 -5.3% $129 / Sq Ft
12/13/2011 12/13/11 Price Changed $189,900 -5.0% $136 / Sq Ft
11/11/2011 11/11/11 Price Changed $199,900 -8.9% $143 / Sq Ft
10/06/2011 10/06/11 For Sale $219,500 -- $157 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,359 $224,065 $113,037 $111,028
2024 $2,359 $219,672 $110,821 $108,851
2023 $2,330 $215,366 $108,649 $106,717
2022 $2,290 $211,144 $106,519 $104,625
2021 $2,245 $207,005 $104,431 $102,574
2020 $2,238 $204,884 $103,361 $101,523
2019 $2,196 $200,868 $101,335 $99,533
2018 $2,155 $196,931 $99,349 $97,582
2017 $2,109 $193,070 $97,401 $95,669
2016 $1,924 $189,286 $95,492 $93,794
2015 $1,923 $186,444 $94,058 $92,386
2014 $1,887 $182,793 $92,216 $90,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH11137498

California Regional Multiple Listing Service (CRMLS)

APN: 045-372-007-000