NOT LISTED FOR SALE

1026 Safford St Oroville, CA 95965

Estimated Value: $230,000 - $301,000

3 Beds
3 Baths
2,172 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $160,000 $74 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,597/month

47 Days on Market

Highlights

  • Fishing
  • No HOA
  • Laundry Room
  • 0.38 Acre Lot
  • Evaporated cooling system
  • 3-minute walk to Sank Park

About This Home

As of February 2020

This multifamily property has three separate units. Units A and B are in the main house. Unit A is the upstairs unit with one bedroom, one bath, full kitchen and living room area. Unit B is on the main floor with one bedroom, one bath, full laundry/utility room, loft area above laundry room that’s used as a 2nd bedroom and then there’s a small cellar. Unit C is the detached unit, this unit has a kitchen, full bath and then the living room is also the bedroom. There are 3 different storage areas; two of the units have access to their own storage with laundry hookups then the 3 storage unit is used by property management. The yards are fenced and crossed fenced; there are approximately 10 citrus trees on the property. The property is literally a few minute walk to the Feather River, Bedrock Park and just across from the tennis courts; commerce and medical facilities are also in close proximity. Unit A rents $528.00, Unit B rents $788.00 and Unit C rents $433.00, totaling $1,749.00 a month or $20,988 a year.

Last Agent to Sell the Property

Troy Davis

Action Realty License #01389131 Listed on: 12/05/2019

Last Buyer's Agent

Jordan Kelly

Keller Williams Realty Chico Area License #02050072

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,505

Year Built

  • Built in 1890

Lot Details

  • 0.38 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Cross Fenced
  • Wood Fence
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,172 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 012010031000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Fishing
  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $20,991
  • Net Operating Income $15,603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,505

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 012010031000
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 73.66

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Cross Fenced, Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Park, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 16553.00
  • Lot Size Acres: 0.3800

Multi Family

  • Gross Income: 20991.00
  • Gross Scheduled Income: 20991.00
  • Lot Size Area: 16553.0000 Square Feet
  • Net Operating Income: 15603.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 5388.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Feb 26, 2020
Sold by
Terrell Joshua M and Terrell Sawyer H
Bought by
Williams Bryan and Holstein Stephanie
Seller's Agent
Troy Davis
Action Realty
Buyer's Agent
Jordan Kelly
Keller Williams Realty Chico Area
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Current Estimated Value
$264,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,497
Avg. Annual Appreciation
9.27%
Original Mortgage
$128,000
Outstanding Balance
$113,576
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$150,921
Source: Public Records

Range of Values:

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Average Value
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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
Williams Bryan $160,000 Fidelity Natl Ttl Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Bryan $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $160,000 -13.5% $74 / Sq Ft
12/05/2019 12/05/19 For Sale $185,000 -- $85 / 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 $2,505 $174,977 $82,021 $92,956
2024 $2,505 $171,547 $80,413 $91,134
2023 $2,443 $168,185 $78,837 $89,348
2022 $2,331 $164,889 $77,292 $87,597
2021 $2,276 $161,657 $75,777 $85,880
2020 $824 $31,627 $8,959 $22,668
2019 $818 $31,008 $8,784 $22,224
2018 $790 $30,401 $8,612 $21,789
2017 $778 $29,806 $8,444 $21,362
2016 $767 $29,223 $8,279 $20,944
2015 $736 $28,785 $8,155 $20,630
2014 $688 $28,222 $7,996 $20,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA19276599

California Regional Multiple Listing Service (CRMLS)

APN: 012-010-031-000