NOT LISTED FOR SALE

277 1/2 E 8th Ave Chico, CA 95926

Chico Vecino Neighborhood

Estimated Value: $337,799 - $443,000

2 Beds
1 Bath
1,952 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $166,000 $85 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,253/month

42 Days on Market

About This Home

As of August 2013

Great opportunity here. Two units with two bedrooms each, large living rooms, inside laundry, open kitchen, patios and private side yards. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online. Buyers also have the option to provide proof of other credit decisioned financing or a NACA Neighborhood Assistance Corporation of America Qualification Letter. Calendar Days 1-7: All offers will be rejected. We want REOs to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence or investors. Note: Non-profits purchasing vacant lots will also be considered during calendar days 8-15. Calendar Days 16+: We will entertain offers from all buyers once all offers received during days 8-15 have been fully vetted

Last Agent to Sell the Property

Larry Knifong

Action Realty License #00913120 Listed on: 06/27/2013

Last Buyer's Agent

Lee Cobb

Baywood Real Estate License #00516188

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 1,952 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 003395006000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 003395006000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 85.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2015
Sold by
Williams Korey and Williams Jonna Kay
Bought by
Williams Korey and Williams Jonna Kay
Current Estimated Value
$394,933

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 26, 2013
Sold by
U S Bank National Association
Bought by
Williams Korey and Williams Joanna
Seller's Agent
Larry Knifong
Action Realty
Buyer's Agent
Lee Cobb
Baywood Real Estate
List Price
$169,900
Sold Price
$166,000
Premium/Discount to List
-$3,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$190,000
Outstanding Balance
$141,390
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$253,543

Purchase Details

Closed on
Apr 10, 2013
Sold by
Vue Thor and Vue Jaymee L
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 9, 2011
Sold by
Vue Jaymee L
Bought by
Vue Thor

Purchase Details

Closed on
Aug 5, 2008
Sold by
Vue Thor and Vue Jaymee L
Bought by
Vue Jaymee L

Purchase Details

Closed on
Feb 9, 2006
Sold by
Vue Thor and Vue Jaymee L
Bought by
Vue Thor and Vue Jaymee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 8, 2006
Sold by
Vue Jaymee L
Bought by
Vue Thor and Vue Jaymee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 14, 2004
Sold by
Vue Thor
Bought by
Vue Jaymee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Heng Lan Thanh and Tham Hong Anh
Bought by
Tham Hong Anh

Purchase Details

Closed on
Apr 30, 2002
Sold by
Heng Lac Bat and Heng Lac B
Bought by
Tham Hong Anh and Heng Lan Thanh

Purchase Details

Closed on
Jun 1, 2000
Sold by
Holden Robin Jean
Bought by
Heng Lac Bat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,028
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Williams Korey -- Bidwell Title & Escrow Co
Williams Korey -- Bidwell Title & Escrow Co
U S Bank National Association $178,500 First American Title Ins Co
Vue Thor -- None Available
Vue Jaymee L -- None Available
Vue Thor -- Fidelity Natl Title Co Of Ca
Vue Thor -- Fidelity Natl Title Co Of Ca
Vue Jaymee L -- Mid Valley Title & Escrow Co
Vue Jaymee L $215,000 Mid Valley Title & Escrow Co
Tham Hong Anh -- --
Tham Hong Anh $105,000 Mid Valley Title & Escrow Co
Heng Lac Bat $98,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Korey $190,000
Previous Owner Vue Thor $192,000
Previous Owner Vue Thor $192,000
Previous Owner Vue Jaymee L $182,750
Previous Owner Heng Lac Bat $81,028
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $166,000 -2.3% $85 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $169,900 -- $87 / 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 $2,213 $203,483 $104,194 $99,289
2024 $2,213 $199,494 $102,151 $97,343
2023 $2,186 $195,584 $100,149 $95,435
2022 $2,151 $191,750 $98,186 $93,564
2021 $2,111 $187,991 $96,261 $91,730
2020 $2,105 $186,064 $95,274 $90,790
2019 $2,067 $182,416 $93,406 $89,010
2018 $2,029 $178,840 $91,575 $87,265
2017 $1,987 $175,334 $89,780 $85,554
2016 $1,814 $171,897 $88,020 $83,877
2015 -- $169,316 $86,698 $82,618
2014 -- $166,000 $85,000 $81,000
Source: Public Records

Agents Affiliated with this Home

  • Larry Knifong

    Seller's Agent in 2013

    Larry Knifong

    Action Realty

    (530) 872-5400

    164 Total Sales

    Larry Knifong
    Section Image

  • L

    Buyer's Agent in 2013

    Lee Cobb

    Baywood Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA13125607

California Regional Multiple Listing Service (CRMLS)

APN: 003-395-006-000

California Butte County Chico 95926 Chico Vecino

277 1/2 E 8th Ave, Chico, CA

Not Listed for Sale

MultiFamily

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