NOT LISTED FOR SALE

1007 Buschmann Rd Paradise, CA 95969

3 Beds
4 Baths
41,293 Sq Ft
6.13 Acres

Last Sold September 21, 2020

Last sale price $1,417,500 $34 Per Sq Ft

42 Days on Market

Highlights

  • 6.13 Acre Lot
  • Rectangular Lot
  • Stacked Washer and Dryer
  • Laundry Room

About This Home

As of September 2020

AUCTION! Unique opportunity to bid on, and acquire 5 duplexes (10 units) and a +/- 30,000 sq ft facility on 9 prime multi-family zoned acres! Each of the 10 duplex units are approx. 1,135 sq ft, two bedroom, two bathrooms and are full ADA compliant and come with stackable washer/dryer units that are located in the hall bathroom. The duplexes have small landscaped front yards, back porches and single car garages. Although the main entrance hall and east wing of the former Senior Care Facility known as Atria was destroyed in the 2018 Camp Fire the west wing is still standing and appears to have minimal damage. Pre fire the facility was 72,090 square feet. The property has been cleaned per CAL OES guidelines and signed off by the County of Butte. Most of the rooms consist of a small utility kitchen w/one main room, a private bathroom, and a closet. There are 40 studio style rooms, 4 one bedrooms and 8 single rooms w/dividers (no kitchenette). There are several bathrooms, storage rooms, mechanical rooms, and other type rooms throughout the facility. The middle area of the downstairs is gutted to the metal framing allowing visibility of all the electrical conduit, ABS plumbing, fire suppression system, mechanical ducting, concrete slab and more. The 9-acre property is comprised of two parcels: APN # 054-050-099 which is 6.13 acres and APN # 054-050-051 which is 2.87 acres. This property is located adjacent to the community swimming pool, community park and elementary school.

Last Agent to Sell the Property

Stephanie Marshall

Keller Williams Realty Chico Area License #01883419 Listed on: 07/10/2020

Keller Williams Realty Chico Area

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 6.13 Acre Lot
  • No Common Walls
  • Rural Setting
  • Rectangular Lot
  • Level Lot

Parking

  • 10 Car Garage

Interior Spaces

  • 41,293 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Assessor Parcel Number 054050099000

Community Details

Overview

  • 6 Buildings
  • 54 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Parking

10

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: 00000002
  • Property Type: Residential Income
  • Parcel Number: 054050099000
  • Year Built: 1999
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 34.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 73.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, In Closet, Inside, Stackable
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 267023.00
  • Lot Size Acres: 6.1300

Multi Family

  • Average2 Bed Area: 1135 Square Feet
  • Lot Size Area: 267023.0000 Square Feet
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Units Total: 54
  • Number With Range: 10
  • Rent Control: No

Tax Info

  • Tax Census Tract: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2013
Sold by
Oak Knoll Senior Llc
Bought by
Vtr Oak Knoll Lp

Purchase Details

Closed on
Nov 9, 2004
Sold by
Paradise Llc
Bought by
Oak Knoll Senior Llc

Purchase Details

Closed on
May 22, 1997
Sold by
Chu Cheng Ping and Ma Huy Hwa
Bought by
Dutro James W and Dutro Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.98%
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
Vtr Oak Knoll Lp -- None Available
Oak Knoll Senior Llc -- Mid Valley Title
Dutro James W $470,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dutro James W $200,000
Closed Dutro James W $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $1,417,500 +141749900.0% $34 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $1 -- $0 / 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 $14,695 $1,374,687 $162,364 $1,212,323
2024 $14,695 $1,347,733 $159,181 $1,188,552
2023 $14,690 $1,321,308 $156,060 $1,165,248
2022 $14,318 $1,295,400 $153,000 $1,142,400
2021 $13,895 $1,270,000 $150,000 $1,120,000
2020 $21,358 $2,040,000 $950,000 $1,090,000
2019 $21,353 $2,040,000 $950,000 $1,090,000
2018 $141,241 $13,541,460 $950,000 $12,591,460
2017 $163,321 $15,584,664 $1,135,462 $14,449,202
2016 $157,320 $15,361,590 $1,113,199 $14,248,391
2015 $154,412 $15,081,465 $1,096,478 $13,984,987
2014 $152,297 $12,674,868 $1,705,635 $10,969,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20133368

California Regional Multiple Listing Service (CRMLS)

APN: 054-050-099-000