NOT LISTED FOR SALE

47 Terrace Dr Chico, CA 95926

Estimated Value: $382,000 - $449,000

3 Beds
1 Bath
1,279 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $249,000 $195 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,507/month

55 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Central Air
  • Neal Dow Elementary School Rated A-
  • No HOA

About This Home

As of August 2016

Beautiful and charming 3 bedroom 1 bath home located in a quiet and well established neighborhood. Large master bedroom includes 2 closets and a lovely window seat looking out to the beautiful oversized yard. The kitchen is a chef's paradise with tons of countertops and storage space. The stunning bathroom has duel sinks and lots of storage space as well. This home includes A/C, range, ceiling fans in every room, various fruit trees and a one car garage. The oversized lot allows you to have the dream backyard and entertainment space you've always wanted. Ideal for a gardner, a star gazer or simply lounging in the back. The proximity to Bidwell park, the freeway and downtown is ideal! Come make this lovely home your own and enjoy all that it has to offer.

Last Agent to Sell the Property

Bill Carter

Bill Carter Realty License #00991294 Listed on: 05/18/2016

Last Buyer's Agent

Aaron Wolfsberger

Keller Williams Realty Chico Area License #01908316

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,841

Parking

  • 1 Car Garage

Interior Spaces

  • 1,279 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Central Air
  • Conventional Septic

Additional Features

  • 7,841 Sq Ft Lot
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 045362016000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 045362016000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1279.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 194.68
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 31.76

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Barrett and Michelle
Bought by
Lavin Andrew Shawn and Lavin Kellie Marie
Current Estimated Value
$411,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$289,363
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$122,547

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 27, 2016
Sold by
Gerfen Daniel J and Gerfen Kelly A
Bought by
Barrett Kaitly and Barrett Charlle
Seller's Agent
Bill Carter
Bill Carter Realty
Buyer's Agent
Aaron Wolfsberger
Keller Williams Realty Chico Area
List Price
$258,500
Sold Price
$249,000
Premium/Discount to List
-$9,500
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$224,100
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2012
Closed on
Feb 8, 2013
Sold by
Hagie Geraldine and Hagle Family Trust
Bought by
Gerfen Daniel J and Gerfen Kelly A
Seller's Agent
Bill Carter
Bill Carter Realty
Buyer's Agent
Bill Carter
Bill Carter Realty
List Price
$199,000
Sold Price
$202,000
Premium/Discount to List
$3,000
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$193,814
Interest Rate
3.36%
Mortgage Type
VA

Purchase Details

Closed on
May 24, 2001
Sold by
Reed Stacie E
Bought by
Hagie Geraldine and The Hagie Family Trust

Purchase Details

Closed on
May 23, 2001
Sold by
Reed Thomas A
Bought by
Reed Stacie E

Purchase Details

Closed on
Oct 14, 1998
Sold by
Roy Lisa Carolyn
Bought by
Reed Thomas A and Reed Stacie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,670
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lavin Andrew Shawn $390,000 Fidelity National Title
Barrett Kaitly $249,000 Mid Valley Title & Escrow Co
Gerfen Daniel J $201,000 Mid Valley Title & Escrow Co
Hagie Geraldine $134,500 Bidwell Title
Reed Stacie E -- Bidwell Title
Reed Thomas A $98,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavin Andrew Shawn $312,000
Previous Owner Barrett Kaitly $224,100
Previous Owner Gerfen Daniel J $193,814
Previous Owner Reed Thomas A $96,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2016 08/05/16 Sold $249,000 0.0% $195 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
06/16/2016 06/16/16 Price Changed $249,000 -3.7% $195 / Sq Ft
05/18/2016 05/18/16 For Sale $258,500 +28.0% $202 / Sq Ft
02/20/2013 02/20/13 Sold $202,000 +1.5% $158 / Sq Ft View Prior Sale
10/02/2012 10/02/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $199,000 0.0% $156 / Sq Ft
08/05/2012 08/05/12 Pending -- -- --
08/01/2012 08/01/12 Price Changed $199,000 -5.7% $156 / Sq Ft
07/14/2012 07/14/12 For Sale $211,000 -- $165 / 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 $4,411 $413,870 $175,099 $238,771
2024 $4,411 $405,756 $171,666 $234,090
2023 $4,358 $397,800 $168,300 $229,500
2022 $3,173 $283,252 $142,173 $141,079
2021 $3,113 $277,699 $139,386 $138,313
2020 $3,105 $274,852 $137,957 $136,895
2019 $3,048 $269,463 $135,252 $134,211
2018 $2,993 $264,180 $132,600 $131,580
2017 $2,819 $249,000 $130,000 $119,000
2016 $2,132 $209,084 $93,620 $115,464
2015 $2,130 $205,944 $92,214 $113,730
2014 $2,090 $201,911 $90,408 $111,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16109071

California Regional Multiple Listing Service (CRMLS)

APN: 045-362-016-000