NOT LISTED FOR SALE

175 Oroview Dr Oroville, CA 95965

Estimated Value: $412,000 - $560,000

4 Beds
2 Baths
3,504 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $307,000 $88 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,886/month

28 Days on Market

Highlights

  • River View
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of January 2019

Excellent investment opportunity to own a fully leased four-plex located just off the bluffs on Oroview Drive. Spacious two bedroom one bath units. Tile in kitchens and bathrooms, wood laminate in bedrooms and living rooms for easy maintenance. Covered patios with sliders from living areas. Each unit is set up for privacy from neighboring units. Units A & B have fireplaces. Tenant garages, off street parking and coin operated laundry. Quiet complex with steady tenants who enjoy where they live. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.

Last Agent to Sell the Property

Eric Stofa

Parkway Real Estate Co. License #01904078 Listed on: 12/21/2018

Last Buyer's Agent

Non-Member Agent CHICO

Non-Member Office CHICO License #99999

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Property Views

  • River
  • City Lights
  • Bluff

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,504 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dishwasher
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 031130039000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $103
  • Trash Expense $121
  • Water Sewer Expense $145
  • New Taxes Expense $288
  • Operating Expense $707
  • Gross Income $3,120
  • Net Operating Income $2,411

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 145.00
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 031130039000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 87.61
  • Room Type: Living Room

Exterior Features

  • Foundation: Slab
  • View: City Lights, River
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 121.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3120.00
  • Gross Scheduled Income: 3120.00
  • Insurance Expense: 103.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 2411.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 709.00
  • Rent Control: No
  • Total Expenses: 707.00

Tax Info

  • New Taxes Expense: 288.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2018
Closed on
Jan 24, 2019
Sold by
Giscombe Lowrren and Giscombe Rising Sun
Bought by
Reichenberg Joel and Reichenberg Jacklein
Seller's Agent
Eric Stofa
Parkway Real Estate Co.
Buyer's Agent
Non-Member Agent CHICO
Non-Member Office CHICO
List Price
$298,000
Sold Price
$307,000
Premium/Discount to List
$9,000
3.02%
Current Estimated Value
$457,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,197
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Jan 18, 2016
Sold by
Giscombe Lowren and Mcamis Lowren
Bought by
Giscombe Lowren and Giscombe Rising Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,430
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
U S Bank National Association
Bought by
Mcamis Lowren

Purchase Details

Closed on
Mar 8, 2012
Sold by
Pennisi Giuseppe G
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 19, 2010
Sold by
Staten Helen E
Bought by
G & G Properties

Purchase Details

Closed on
Sep 14, 2007
Sold by
G & G Properties
Bought by
Staten Helen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2007
Sold by
Pennisi Giuseppe G
Bought by
G & G Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2005
Sold by
Pennisi Grazia M
Bought by
Pennisi Ii Giuseppe G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,300
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 17, 2005
Sold by
Butte Hfp Llc
Bought by
Pennisi Ii Giuseppe G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,300
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 4, 2005
Sold by
Haskett Cameron A and Haskett Cynthia G
Bought by
Butte Hfp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,300
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 3, 2003
Sold by
Haskett Cameron and Haskett Cynthia
Bought by
Haskett Cameron A

Purchase Details

Closed on
May 7, 2003
Sold by
Wagness John and Wagness Deborah
Bought by
Haskett Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reichenberg Joel $307,000 Bidwell Title & Escrow Co
Giscombe Lowren -- Mid Valley Title & Escrow Co
Mcamis Lowren $140,000 Bidwell Title & Escrow
U S Bank National Association $177,627 Accommodation
G & G Properties $6,920,454 None Available
Staten Helen E -- Fidelity National Title Co
G & G Properties $183,072 None Available
Pennisi Ii Giuseppe G -- Fidelity Natl Title Co Of Ca
Pennisi Ii Giuseppe G $350,000 Fidelity Natl Title Co Of Ca
Butte Hfp Llc -- --
Haskett Cameron A -- --
Haskett Cameron $230,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giscombe Lowren $142,430
Previous Owner Staten Helen E $326,250
Previous Owner Pennisi Ii Giuseppe G $307,300
Previous Owner Haskett Cameron $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $307,000 +3.0% $88 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $298,000 0.0% $85 / Sq Ft
01/09/2019 01/09/19 For Sale $298,000 0.0% $85 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
12/30/2018 12/30/18 Pending -- -- --
12/21/2018 12/21/18 For Sale $298,000 -- $85 / 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 $5,936 $342,229 $111,550 $230,679
2024 $5,936 $333,559 $109,363 $224,196
2023 $6,024 $329,019 $107,219 $221,800
2022 $5,713 $322,608 $105,117 $217,491
2021 $5,586 $316,322 $103,056 $213,266
2020 $5,378 $313,100 $102,000 $211,100
2019 $3,628 $156,542 $27,595 $128,947
2018 $3,465 $153,512 $27,054 $126,458
2017 $3,403 $150,542 $26,524 $124,018
2016 $3,362 $147,630 $26,004 $121,626
2015 $3,223 $145,444 $25,614 $119,830
2014 $3,031 $142,635 $25,113 $117,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18294673

California Regional Multiple Listing Service (CRMLS)

APN: 031-130-039-000