$160,000
SOLD JUL 15, 2026

2162 Ludlum Ave Palermo, CA 95968

Palermo Neighborhood
2 Beds
1 Bath
896 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: July 15, 2026

$179 Per Sq Ft

14% Above List Price

7 Days on Market

Highlights

  • RV or Boat Parking
  • Great Room
  • Front Porch
  • A-Frame Home
  • No HOA
  • 3-minute walk to Palermo Park

About This Home

As of July 2026

Conveniently located in the quiet community of Palermo, this 2 bedroom, 1 bathroom stick-built home offers an opportunity for Buyers ready to roll up their sleeves and add value. Situated on 0.26 of an acre, the property features just under 900 square feet of living space, a fenced yard, carport, metal container/detached storage, and an in-home laundry + storage room for added functionality. Enjoy the benefits of country living while still being just a short drive to local stores, schools, and everyday conveniences. The home is serviced by well and septic, helping reduce monthly utility expenses. Priced to reflect its current condition, this property is being sold as-is with cleanup and repairs to be the responsibility of the Buyer. Whether you're an investor, flipper, rental portfolio buyer, or someone looking to create sweat equity, this property offers strong potential at an approachable price point.

Last Agent to Sell the Property

Sheerene Mehrizi

Century 21 Select Real Estate License #02054184 Listed on: 05/19/2026

Century 21 Select Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 11,326 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced

Home Design

  • A-Frame Home
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Cabinets
  • 220 Volts In Laundry

Parking

  • No Garage
  • Covered Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Storage
  • Front Porch
  • Awning

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Well
  • Water Heater
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 026-183-006-000

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Stories: 1
  • Year Built: 1990
  • Architectural Style: A-Frame
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum
  • Total Bathrooms: 1
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Pantry Cabinet
  • Living Room Features: Great Room
  • Main Level: Bedroom(s), Living Room, Full Bath(s), Kitchen, Street Entrance
  • Price Per Square Foot: 178.57
  • Square Footage: 896.00

Exterior Features

  • Other Structures: Storage
  • Construction Materials: Wood Siding
  • Disclosures/Documents: Preliminary Title Report
  • Fencing: Fenced
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 140000.00
  • Lot Features: Dead End
  • New Construction: No
  • Patio And Porch Features: Awning, Front Porch
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Shingle, Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Parking Features: No Garage, Boat Storage, Covered
  • Driveway/Sidewalks: Level

Utilities

  • Security: Double Strapped Water Heater
  • Sewer: Septic System
  • Utilities: Cable Available, Sewer Connected, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Evaporative Cooler
  • Electric: 220 Volts in Laundry
  • Heating: Wall Furnace
  • Laundry Features: Cabinets, Dryer Included, Washer Included, Inside Room
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Oroville Union

Lot Info

  • Zoning: U
  • Irrigation: None
  • Lot Size Acres: 0.2600
  • Lot Size Sq Ft: 11326.00

Multi Family

Tax Info

  • Assessor Parcel Number: 026-183-006-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Butte

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2004
Sold by
Salgado Steve T
Bought by

Purchase Details

Closed on
Nov 15, 2002
Sold by
Cunningham Douglas L and Cunningham Rubilynn J
Bought by
Salgado Steve T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
5.89%

Purchase Details

Closed on
Jan 2, 2002
Sold by
Garrido John
Bought by
Cunningham Douglas L and Cunningham Rubilynn J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Palermo, CA

  • John Russo Real Estate Agent - Go West Realty

    John Russo

    Go West Realty

    (530) 531-8359

    107 Total Sales

    7 in Palermo

    $80K - $250K Price Range

    John Russo
     Section Image
  • Brian Voigt Real Estate Agent - Re/Max Home and Investment

    Brian Voigt

    Re/Max Home and Investment

    (530) 385-0752

    372 Total Sales

    4 in Palermo

    $110K - $910K Price Range

    Brian Voigt
     Section Image
  • Alex Kircher Real Estate Agent - Table Mountain Realty, Inc.

    Alex Kircher

    Responds Quickly

    Table Mountain Realty, Inc.

    (530) 764-5629

    12 Total Sales

    2 in Palermo

    $17,000 Price Range

    Alex Kircher
     Section Image
  • Joseph Gourley II Real Estate Agent - Joseph Lynn Gourley II

    Joseph Gourley II

    Joseph Lynn Gourley II

    (530) 531-8841

    70 Total Sales

    1 in Palermo

    $99,900 Price

    Joseph Gourley II
     Section Image
  • Jill Stewart Real Estate Agent - Re/Max of Chico

    Jill Stewart

    Re/Max of Chico

    (916) 579-6619

    102 Total Sales

    2 in Palermo

    $280,000 Price Range

    Jill Stewart
     Section Image
  • Lacey Nichols Real Estate Agent - Century 21 Select Real Estate Inc

    Lacey Nichols

    Responds Quickly

    Century 21 Select Real Estate Inc

    (346) 450-6028

    19 Total Sales

    2 in Palermo

    $55,000 Price Range

    Lacey Nichols
     Section Image
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Purchase 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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Grant Deed $92,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Grant Deed $20,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $82,500 New Conventional
Closed $87,400 No Value Available
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
07/15/2026 07/15/26 Sold $160,000 +14.3% $179 / Sq Ft
05/26/2026 05/26/26 Pending -- -- --
05/19/2026 05/19/26 For Sale $140,000 -- $156 / Sq Ft
Source: MetroList

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
2026 $1,377 $135,887 $36,919 $98,968
2025 $1,377 $133,224 $36,196 $97,028
2024 $1,356 $130,613 $35,487 $95,126
2023 $1,336 $128,053 $34,792 $93,261
2022 $1,290 $125,543 $34,110 $91,433
2021 $1,266 $123,083 $33,442 $89,641
2020 $1,267 $121,822 $33,100 $88,722
2019 $1,243 $119,434 $32,451 $86,983
2018 $1,224 $117,093 $31,815 $85,278
2017 $1,190 $114,798 $31,192 $83,606
2016 $1,159 $112,548 $30,581 $81,967
2015 $1,115 $110,858 $30,122 $80,736
2014 $1,111 $108,687 $29,532 $79,155
Source: Public Records

Agents Affiliated with this Home

  • Sheerene Mehrizi Real Estate Agent - Century 21 Select Real Estate

    Seller's Agent in 2026

    Sheerene Mehrizi

    Century 21 Select Real Estate

    (530) 774-3377

    1 in this area

    77 Total Sales

    Sheerene Mehrizi
    Section Image

  • NM

    Buyer's Agent in 2026

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 226064598

MetroList

APN: 026-183-006-000

California Butte County Palermo 95968 Palermo

2162 Ludlum Ave, Palermo, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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