NOT LISTED FOR SALE

1640 7th Ave Oroville, CA 95965

8 Beds
8 Baths
4,171 Sq Ft
0.35 Acres Lot

Sale Details

Date Sold: February 15, 2023

Last sale price $530,000 $127 Per Sq Ft

166 Days on Market

Highlights

  • 0.35 Acre Lot
  • Laundry Room
  • Front Yard
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of February 2023

Your hunt for the ideal investment opportunity is over—Check out these 6 units! #683 & #685 (Blue) offer 2 bedroom, 1.5 bathroom townhouse style units with ample fenced yards. #681 (Red) & #679 (Yellow) are darling 1 bedroom, 1 bathroom cottages. Plus an additional duplex, #675 & #677 (Green) features (2) 1 bedroom, 1 bathroom units. Tenants enjoy the great location & convenience of being close to schools and shopping. Snatch these colorful cuties up before they're gone!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 08/11/2022

Re/Max of Chico

Last Buyer's Agent

Chenoa Rivera

Parkway Real Estate Co. License #02020337

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 15,246 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 4,171 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1,2 / 4
  • Assessor Parcel Number 012173002000

Community Details

Overview

  • 4 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $2,000
  • Professional Management Expense $4,210
  • Water Sewer Expense $1,600
  • New Taxes Expense $7,448
  • Operating Expense $15,258
  • Gross Income $5,390
  • Net Operating Income $49,422

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.35 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4210.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Zoning: R2M
  • Property Type: Residential Income
  • Parcel Number: 012173002000
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 127.07

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 15246.00
  • Lot Size Acres: 0.3500

Multi Family

  • Gross Income: 5390.00
  • Gross Scheduled Income: 64680.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 15246.0000 Square Feet
  • Net Operating Income: 49422.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 15258.00
  • Rent Control: Yes
  • Total Expenses: 15258.00

Tax Info

  • New Taxes Expense: 7448.00
  • Tax Block: 4
  • Tax Census Tract: 28.00
  • Tax Lot: 1,2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
02/15/2023 02/15/23 Sold $530,000 -10.9% $127 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $595,000 -7.0% $143 / Sq Ft
11/28/2022 11/28/22 Price Changed $639,500 -1.5% $153 / Sq Ft
09/29/2022 09/29/22 Price Changed $649,000 0.0% $156 / Sq Ft
09/29/2022 09/29/22 For Sale $649,000 -2.4% $156 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $665,000 -- $159 / 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 $9,383 $551,210 $114,444 $436,766
2024 $9,148 $535,500 $112,200 $423,300
2023 $6,511 $278,528 $55,774 $222,754
2022 $6,120 $273,127 $54,681 $218,446
2021 $5,916 $267,831 $53,609 $214,222
2020 $5,630 $265,117 $53,060 $212,057
2019 $5,585 $259,978 $52,020 $207,958
2018 $5,407 $254,940 $51,000 $203,940
2017 $5,315 $250,000 $50,000 $200,000
2016 $3,882 $121,583 $32,331 $89,252
2015 $3,738 $119,795 $31,846 $87,949
2014 $3,441 $117,498 $31,223 $86,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22176435

California Regional Multiple Listing Service (CRMLS)
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