NOT LISTED FOR SALE

1350 7th Ave Oroville, CA 95965

Estimated Value: $283,000 - $391,000

4 Beds
4 Baths
2,250 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $224,900 $100 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,163/month

3 Days on Market

Highlights

  • Neighborhood Views
  • Floor Furnace
  • 1-Story Property
  • Evaporated cooling system
  • Level Lot
  • 3-minute walk to Bedrock Park

About This Home

As of July 2020

Calling all investors!! This 4 plex is ready for a new owner. Fully rented!

Last Agent to Sell the Property

Dena Hubert

RE/MAX Gold License #01738087 Listed on: 06/26/2020

RE/MAX Gold

Last Buyer's Agent

Tierra Hodge

eXp Realty of California, Inc. License #02029984

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,785

Year Built

  • Built in 1948

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 14 / 4
  • Assessor Parcel Number 012063004000

Community Details

Overview

  • 4 Units
  • Valley

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $30
  • Trash Expense $90
  • Water Sewer Expense $90
  • Operating Expense $210
  • Gross Income $2,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,785

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Inclusions: stove and fridge in each unit
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 90.00
  • Zoning: R2M
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 012063004000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 99.96

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 90.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 2175.00
  • Gross Scheduled Income: 2175.00
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: No
  • Total Actual Rent: 2175.00
  • Total Expenses: 210.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 28.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2020
Sold by
Osborne John
Bought by
Osborne John and The John W Osborne 2006 Trust
Current Estimated Value
$337,000

Purchase Details

Closed on
Jul 5, 2002
Sold by
The Bank Of New York
Bought by
Osborne John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$34,502
Interest Rate
6.52%
Estimated Equity
$302,498

Purchase Details

Closed on
Dec 11, 2001
Sold by
Ford Roberta
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 10, 1999
Sold by
Gulfsream Capital Inc
Bought by
Norris David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
7.96%

Purchase Details

Closed on
Oct 14, 1999
Sold by
Ford Roberta
Bought by
Gulfstream Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
7.96%

Purchase Details

Closed on
Jun 10, 1998
Sold by
Johns Harold B and Harold V Johns 1988 Trust
Bought by
Ford Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.9%
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
Osborne John -- None Available
Osborne John $110,000 Fidelity National Title Co
The Bank Of New York $89,250 Fidelity National Title
Norris David A -- --
Gulfstream Capital Inc -- Bidwell Title & Escrow Compa
Ford Roberta $75,000 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne John $82,500
Previous Owner Norris David A $7,500
Previous Owner Ford Roberta $79,000
Closed Ford Roberta $9,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $224,900 0.0% $100 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $224,900 -- $100 / 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 $4,785 $243,380 $81,181 $162,199
2024 $4,785 $236,648 $79,590 $157,058
2023 $4,891 $234,009 $78,030 $155,979
2022 $4,613 $229,460 $76,500 $152,960
2021 $5,139 $225,000 $75,000 $150,000
2020 $3,442 $145,010 $26,479 $118,531
2019 $3,417 $142,207 $25,960 $116,247
2018 $3,301 $139,458 $25,451 $114,007
2017 $3,250 $136,763 $24,952 $111,811
2016 $3,205 $134,121 $24,463 $109,658
2015 $3,076 $132,137 $24,096 $108,041
2014 $2,884 $129,588 $23,624 $105,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR20124480

California Regional Multiple Listing Service (CRMLS)

APN: 012-063-004-000