NOT LISTED FOR SALE

1563 Montgomery St Oroville, CA 95965

Estimated Value: $446,904 - $644,000

6 Beds
4 Baths
4,216 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $430,000 $102 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,401/month

10 Days on Market

Highlights

  • Dual Staircase
  • Neighborhood Views
  • Family Room Off Kitchen
  • No HOA
  • Open to Family Room
  • Front Porch

About This Home

As of October 2021

This GREAT, well-maintained quadraplex investment property is turn-key ready and located right in the heart of Oroville! The home is just a few blocks away from historic Downtown Oroville, restaurants, a brewery, local shops, a number of parks, and the Feather River! Live in one unit and rent out the others, or rent out all FOUR and have a positive cash flow. The two-story property features 4 units with the downstairs both having 2 bedrooms & 1 bathroom, while the upstairs units are each 1 bedroom & 1 bath. All four units include a kitchen that opens to the living room, a dining area, and access to a laundry area equipped with coin-operated machines. Both downstairs units have been remodeled with new carpet in bedrooms, laminate flooring in living areas including the bathrooms, new blinds, ceiling fans in all bedrooms, and interior paint. Both downstairs kitchens feature new counter tops, new sinks, and refinished cabinets.

Last Agent to Sell the Property

Marisa Bauer

Platinum Partners Real Estate License #01418223 Listed on: 08/11/2021

Co-Listed By

Lisa Bristow

Platinum Partners Real Estate License #01823288

Last Buyer's Agent

Kathy Robertson

Real Brokerage Technologies, Inc License #01420264

Real Brokerage Technologies, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,056

Year Built

  • Built in 1902

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 4,216 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Free-Standing Range
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • 4 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Assessor Parcel Number 012081013000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,056

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Inclusions: laundry machines and all appliances in all 4 units
  • Other Phone Number: 530-809-3436
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 012081013000
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 4216.00 Square Feet
  • Interior Amenities: 2 Staircases, Ceiling Fan(s), Laminate Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 101.99
  • Room Type: Entry, Kitchen, Living Room, Master Bedroom
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub, Laminate Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Laminate Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Park, Sidewalks, Street Lights

Schools

  • School District: Oroville Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 28.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 24, 2021
Sold by
Bristow Lisa M and Cress Gregory M
Bought by
Schmidt Johnathan W and Schmidt Jonathan W
Seller's Agent
Marisa Bauer
Platinum Partners Real Estate
Buyer's Agent
Kathy Robertson
Real Brokerage Technologies, Inc
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$516,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,226
Avg. Annual Appreciation
4.84%
Original Mortgage
$322,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Bristow Lisa and Bristow Lisa M
Bought by
Bristow Lisa M and Cress Gregory M

Purchase Details

Closed on
Dec 6, 2018
Sold by
Bauer Marisa
Bought by
Bauer Marisa M and The Bauer Family Trust

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 20, 2018
Sold by
Bauer Matthew E
Bought by
Bauer Marisa
Seller's Agent
Marisa Bauer
Platinum Partners Real Estate
Buyer's Agent
Lisa Bristow
Platinum Partners Real Estate
List Price
$275,000
Sold Price
$261,500
Premium/Discount to List
-$13,500
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$196,125
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 12, 2018
Sold by
Sierra Asset Investments Llc
Bought by
Bristow Lisa and Bauer Marisa
Seller's Agent
Marisa Bauer
Platinum Partners Real Estate
Buyer's Agent
Lisa Bristow
Platinum Partners Real Estate
List Price
$275,000
Sold Price
$261,500
Premium/Discount to List
-$13,500
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,125
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2012
Sold by
Gutierrez Lionel
Bought by
Sierra Asset Investments Llc

Purchase Details

Closed on
May 30, 2006
Sold by
Gutierrez Dolores
Bought by
Gutierrez Lionel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 12, 2005
Sold by
Gutierrez Dolores
Bought by
Gutierrez Lionel and Gutierrez Dolores

Purchase Details

Closed on
Aug 11, 2004
Sold by
Gutierrez Lionel
Bought by
Gutierrez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Schmidt Johnathan W $430,000 Mid Valley Title & Escrow Co
Bristow Lisa M -- None Available
Bauer Marisa M -- None Available
Bauer Marisa -- First American Title Co
Bristow Lisa -- First American Title Co
Bristow Lisa $261,500 First American Title Co
Sierra Asset Investments Llc $123,355 None Available
Gutierrez Lionel -- Financial Title Company
Gutierrez Lionel -- --
Gutierrez Dolores -- Fidelity Natl Title Co Of Ca
Gutierrez Dolores $280,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Johnathan W $322,500
Previous Owner Bristow Lisa $196,125
Previous Owner Sierra Asset Investments Llc $1,000,000
Previous Owner Gutierrez Lionel $262,500
Previous Owner Gutierrez Dolores $224,000
Closed Gutierrez Dolores $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $430,000 0.0% $102 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $429,900 +64.4% $102 / Sq Ft
07/03/2018 07/03/18 Sold $261,500 -4.9% $62 / Sq Ft
05/17/2018 05/17/18 For Sale $275,000 -- $65 / 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 $7,056 $456,196 $90,202 $365,994
2024 $7,056 $445,291 $88,434 $356,857
2023 $7,131 $438,560 $86,700 $351,860
2022 $6,781 $430,000 $85,000 $345,000
2021 $4,965 $269,431 $51,528 $217,903
2020 $4,774 $266,690 $51,000 $215,690
2019 $4,728 $261,500 $50,000 $211,500
2018 $3,697 $175,156 $27,054 $148,102
2017 $3,633 $171,762 $26,524 $145,238
2016 $3,582 $168,434 $26,004 $142,430
2015 $3,433 $165,935 $25,614 $140,321
2014 $3,245 $162,725 $25,113 $137,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21177041

California Regional Multiple Listing Service (CRMLS)

APN: 012-081-013-000