NOT LISTED FOR SALE
2 Beds
1 Bath
11,584 Sq Ft
0.66 Acre Lot

Sale Details

Date Sold: August 22, 2017

Last sale price $950,000 $82 Per Sq Ft

98 Days on Market

Highlights

  • 28,750 Sq Ft lot
  • Baseboard Heating
  • 3-minute walk to Rotary Park
  • Resident Manager or Management On Site
  • Laundry Facilities

About This Home

As of August 2017

Perfect Investment Opportunity!! Low maintenance apartment complex. This complex consists of 2 buildings, each 2 story, with 16 units. Located in the heart of Oroville it is within walking distance of the Feather River and parks and local attractions. All units are 2bedrooms, 1 bath with a pantry, kitchen bar, refrigerator, open concept, and tub/shower combo. The property is located at a dead end street so it is very quiet. Laundry is onsite.

Last Agent to Sell the Property

Lisa Gregory

Gregory Realty Group License #01504394 Listed on: 03/21/2017

Last Buyer's Agent

Lisa Gregory

Gregory Realty Group License #01504394 Listed on: 03/21/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 28,750 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • 11,584 Sq Ft Home
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Parking Available
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Natural Gas Connected
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Assessor Parcel Number 012023004000

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Insurance Expense $4,322
  • Other Expense $35,832
  • Pest Control $1,008
  • Trash Expense $4,896
  • Water Sewer Expense $4,560
  • New Taxes Expense $14,972
  • Operating Expense $67,208
  • Gross Income $125,000
  • Net Operating Income $57,792

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.66 Acres

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Resident Manager
  • Water Sewer Expenses: 4560.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 012023004000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 82.01

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Uncovered, Asphalt

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Baseboard
  • Laundry Features: Common Area, Community
  • Pest Control Expense: 1008.00
  • Sewer: Private Sewer
  • Trash Expense: 4896.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 28749.60

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 724 Square Feet
  • Gross Income: 125000.00
  • Gross Scheduled Income: 125000.00
  • Insurance Expense: 4322.00
  • Net Operating Income: 57792.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Total: 16
  • Operating Expense: 67208.00
  • Other Expense: 35832.00
  • Other Expense Description: mortgage
  • Rent Control: No
  • Total Expenses: 67208.00

Tax Info

  • New Taxes Expense: 14972.00
  • Tax Census Tract: 28.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Aug 14, 2017
Sold by
Bought by
Seller's Agent
Lisa Gregory
Gregory Realty Group
Buyer's Agent
Lisa Gregory
Gregory Realty Group
List Price
$1,149,000
Sold Price
$950,000
Premium/Discount to List
-$199,000
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$950,000 Bidwell Title & Escrow Co
-- None Available
-- None Available
-- Fidelity Natl Title Co Of Ca
-- --
$620,000 Bidwell Title & Escrow Co
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,080,000
Closed $150,000
Closed $712,000
Previous Owner $887,500
Previous Owner $25,000
Previous Owner $465,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $950,000 -17.3% $82 / Sq Ft
03/21/2017 03/21/17 For Sale $1,149,000 -- $99 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,461 $1,079,829 $113,781 $966,048
2024 $20,795 $1,050,813 $111,550 $939,263
2023 $21,238 $1,038,210 $109,363 $928,847
2022 $20,042 $1,018,011 $107,219 $910,792
2021 $19,488 $998,208 $105,117 $893,091
2020 $18,677 $988,056 $104,040 $884,016
2019 $18,506 $968,840 $102,000 $866,840
2018 $17,967 $950,000 $100,000 $850,000
2017 $17,802 $948,000 $75,000 $873,000
2016 $14,973 $708,000 $60,000 $648,000
2015 $14,252 $688,000 $50,000 $638,000
2014 $13,325 $663,000 $50,000 $613,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR17060266

California Regional Multiple Listing Service (CRMLS)
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