NOT LISTED FOR SALE

120 Summit Ave Oroville, CA 95966

Palermo Neighborhood

Estimated Value: $421,000 - $475,078

2 Beds
2 Baths
1,738 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $329,900 $190 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,663/month

8 Days on Market

Highlights

  • City Lights View
  • Wood Burning Stove
  • No HOA
  • 5.39 Acre Lot
  • Great Room
  • Tile Countertops

About This Home

As of August 2019

Amazing value for a home in this market! Ideal location with incredible views off of a paved road. A beautiful 5 acre parcel fenced and cross fenced with a well and South Feather Irrigation Water. The home features OWNED solar, a huge great room, plus a living room, two bedrooms and two bathrooms. There is also a detached two bedroom guest house that is framed with it's own septic-finish it as you wish! This special place has endless potential. Selling as is; make it your dream home by updating!

Last Agent to Sell the Property

Jamie Engen

Bidwell Realty License #01950926 Listed on: 07/16/2019

Last Buyer's Agent

Shari Dixon

Willow & Birch Realty, Inc License #01376347

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5.39 Acre Lot
  • Gentle Sloping Lot
  • Garden
  • Front Yard
  • Property is zoned ARMH5

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Woods
  • Orchard Views
  • Hills

Interior Spaces

  • 1,738 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Great Room
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 027030025000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARMH5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 027030025000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1738.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 189.82
  • Room Type: Great Room
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: City Lights, Hills, Orchard, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wood Stove
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Gentle Sloping
  • Lot Size Sq Ft: 234788.00
  • Lot Size Acres: 5.3900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 234788.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 33.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Aug 16, 2019
Sold by
Bueler Edward M
Bought by
Busbee Curtis J and Busbee Bethany
Seller's Agent
Jamie Engen
Bidwell Realty
Buyer's Agent
Shari Dixon
Willow & Birch Realty, Inc
List Price
$329,900
Sold Price
$329,900
Current Estimated Value
$450,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,370
Avg. Annual Appreciation
4.96%
Original Mortgage
$313,405
Outstanding Balance
$273,291
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$176,979

Purchase Details

Closed on
Nov 20, 1998
Sold by
Bueler Edward M and Bueler Sandra N
Bought by
Bueler Edward M and Bueler Sandra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.84%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Bueler Edward M and Bueler Sandra N
Bought by
Bueler Edward M and Bueler Sandra N
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
Busbee Curtis J $330,000 Mid Valley Title & Escrow Co
Bueler Edward M -- Fidelity National Title
Bueler Edward M -- Fidelity National Title
Bueler Edward M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busbee Curtis J $313,405
Previous Owner Bueler Edward M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $329,900 0.0% $190 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $329,900 -- $190 / 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 $3,883 $360,789 $109,363 $251,426
2024 $3,883 $353,716 $107,219 $246,497
2023 $3,832 $346,781 $105,117 $241,664
2022 $3,708 $339,982 $103,056 $236,926
2021 $3,640 $333,317 $101,036 $232,281
2020 $3,642 $329,900 $100,000 $229,900
2019 $1,720 $160,735 $53,545 $107,190
2018 $1,698 $157,585 $52,496 $105,089
2017 $1,641 $154,496 $51,467 $103,029
2016 $1,617 $151,467 $50,458 $101,009
2015 -- $149,193 $49,701 $99,492
2014 -- $146,272 $48,728 $97,544
Source: Public Records

Agents Affiliated with this Home

  • Jamie Engen

    Seller's Agent in 2019

    Jamie Engen

    Bidwell Realty

    (530) 589-3000

    12 in this area

    131 Total Sales

    Jamie Engen
    Section Image
  • Shari Dixon

    Buyer's Agent in 2019

    Shari Dixon

    Willow & Birch Realty, Inc

    (530) 966-5902

    163 Total Sales

    Shari Dixon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR19168282

California Regional Multiple Listing Service (CRMLS)

APN: 027-030-025-000

California Butte County Oroville 95966 Palermo

120 Summit Ave, Oroville, CA

Not Listed for Sale

Detached

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