Sifter

Doh!

The only thing more depressing than paying a lot for a home is knowing that had you bought the same house only a year or so earlier, you’d be out a lot fewer bucks. Chico’s record-setting property values are great for sellers, a bummer for buyers. To put some real-world examples out there, here is a list of houses that sold in Chico this March, and about what they previously fetched based on parcel transfer tax according to Butte County records.

Address Mar. ‘05 sale prior sale date prior price % increase

13625 Garner Lane $480,000 Nov. ‘03 $336,400 43%

1538 Gilbert Lane $363,000 Nov. ‘02 $287,000 26%

14 Victoria Way $355,000 Jan. ‘03 $267,000 33%

172 E. Lincoln Ave. $300,000 Jan. ‘04 $217,500 38%

885 Kern St. $272,000 Oct. ‘01 $138,000 97%

2178 Mariposa $247,500 July ‘02 $160,000 55%

555 Vallombrosa Ave. #44 $198,500 Oct. ‘03 $108,000 84%

11560 Meridian Road $465,000 Mar. ‘01 $213,500 118%

1105 Admiral Lane $288,000 Feb. ‘04 $225,000 28%

964 Karen Dr. $284,000 June ‘02 $176,050 61%

833 Lynn Lane $283,000 May ‘02 $160,000 77%

2071 Mansfield Court $275,000 Feb. ‘05 $230,000 20%

1 Flanders Court $235,000 Feb. ‘01 $114,000 106%

305 Stonebridge Drive $477,000 June ‘01 $260,000 83%

518 W. 6th St. $351,000 Mar. ‘02 $230,000 53%

948 Neal Dow Ave. $323,000 Mar. ‘03 $187,000 73%

811 Greenwich Dr. $305,000 July ‘01 $175,000 74%

835 Colusa $295,000 Dec. ‘04 $256,000 15%

1528 Sunset $268,000 Dec. ‘02 $175,000 53%