NOT LISTED FOR SALE

1280 High St Oroville, CA 95965

Estimated Value: $367,000 - $587,000

6 Beds
6 Baths
7,405 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $210,000 $28 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,907/month

367 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Neighborhood Views
  • Carpet
  • 5-minute walk to Sank Park

About This Home

As of November 2016

4 plex located in the heart of Historic Downtown Oroville. Close to shopping and entertainment.
All units have been rented with very low vacancy. Offering (2 units) 2 bedroom one bath--$580 per month--and (2 units) one bedroom one bath--$480 per month. Generating a total of $2120 per month. Seller pays utilities.

Last Agent to Sell the Property

Sima Saboury

Porchlight Real Estate Brokers License #01792124 Listed on: 09/27/2016

Last Buyer's Agent

Louis Diamond

eXp Realty of California, Inc. License #01922539

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 7,405 Sq Ft Home
  • Neighborhood Views
  • 220 Volts In Laundry

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 012133014000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $60
  • Insurance Expense $1,288
  • Trash Expense $35
  • Water Sewer Expense $50
  • New Taxes Expense $2,967
  • Gross Income $25,440
  • Net Operating Income $17,213

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,786

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 012133014000
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Mid Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 28.36
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Electric Oven, Electric Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Natural Gas
  • Trash Expense: 35.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 40.51
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 25440.00
  • Gross Scheduled Income: 25440.00
  • Insurance Expense: 1288.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 17213.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6955.00
  • Rent Control: No
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 2967.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 16, 2016
Sold by
Johns Stuart E and Johns Mary J
Bought by
Guevarra Philip C
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
Louis Diamond
eXp Realty of California, Inc.
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%
Current Estimated Value
$461,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,333
Avg. Annual Appreciation
7.61%
Original Mortgage
$157,500
Outstanding Balance
$127,122
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$272,878

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 15, 2016
Sold by
Guevarra April
Bought by
Guevarra Philip C
Seller's Agent
Sima Saboury
Porchlight Real Estate Brokers
Buyer's Agent
Louis Diamond
eXp Realty of California, Inc.
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$127,122
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$272,878
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
Guevarra Philip C $21,000 Bidwell Title & Escrow Co
Guevarra Philip C -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guevarra Philip C $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $210,000 -8.7% $28 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/10/2015 10/10/15 For Sale $230,000 -- $31 / 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 $4,786 $243,396 $46,420 $196,976
2024 $4,786 $236,663 $45,510 $191,153
2023 $4,892 $234,023 $44,618 $189,405
2022 $4,613 $229,475 $43,744 $185,731
2021 $4,484 $225,016 $42,887 $182,129
2020 $4,293 $222,730 $42,448 $180,282
2019 $4,254 $218,403 $41,616 $176,787
2018 $4,129 $214,160 $40,800 $173,360
2017 $4,051 $210,000 $40,000 $170,000
2016 $3,292 $142,028 $28,528 $113,500
2015 $3,158 $139,910 $28,100 $111,810
2014 $2,967 $137,189 $27,550 $109,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH15222597

California Regional Multiple Listing Service (CRMLS)

APN: 012-133-014-000