NOT LISTED FOR SALE

2172 Park Ave Oroville, CA 95966

Estimated Value: $298,000 - $368,872

6 Beds
2 Baths
2,300 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $245,000 $107 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,049/month

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Balcony
  • Wood Flooring
  • Beamed Ceilings
  • Cooling System Powered By Gas

About This Home

As of March 2019

Great opportunity this Duplex is located a walking distance from downtown and other shopping centers. Both units have a separate gas and electric meters. This is the perfect opportunity for an investor.

Last Agent to Sell the Property

Maria Haro

People's Choice Brokers License #01711383 Listed on: 02/12/2019

Last Buyer's Agent

Tara Iorg

LPT Realty, Inc. License #01408937

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Copper Plumbing

Interior Spaces

  • 2,300 Sq Ft Home
  • Beamed Ceilings
  • Suspended Ceiling
  • Neighborhood Views

Kitchen

  • Gas Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Cooling System Powered By Gas
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 012160062000

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $552
  • Trash Expense $212
  • Water Sewer Expense $1,000
  • New Taxes Expense $1,830
  • Operating Expense $1,212
  • Gross Income $18,600
  • Net Operating Income $13,519

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: C1
  • Property Type: Residential Income
  • Parcel Number: 012160062000
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Beamed Ceilings, Copper Plumbing Full, Formica Counters, Suspended Ceiling(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 106.52
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Electric: 220 Volts
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 212.28
  • Water Source: Public
  • Cooling: Evaporative Cooling, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Insurance, Sewer, Taxes, Trash Collection, Water

Multi Family

  • Gross Income: 18600.00
  • Gross Scheduled Income: 18600.00
  • Insurance Expense: 552.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 13519.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 27.00
  • Rent Control: Yes
  • Total Expenses: 1212.28

Tax Info

  • New Taxes Expense: 1830.20
  • Tax Census Tract: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Rajnesesh Pandit
Bought by
Pandit Gian
Current Estimated Value
$329,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 18, 2019
Sold by
Barron William A and Barron Cheryl D
Bought by
Pandit Karun and Pandit Gian
Seller's Agent
Maria Haro
People's Choice Brokers
Buyer's Agent
Tara Iorg
LPT Realty, Inc.
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$196,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pandit Gian -- Mid Valley Title
Pandit Karun $245,000 Mid Valley T&E Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pandit Gian $187,000
Previous Owner Pandit Karun $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $245,000 -2.0% $107 / Sq Ft
02/12/2019 02/12/19 For Sale $250,000 -- $109 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,010 $273,296 $83,661 $189,635
2024 $4,010 $267,938 $82,021 $185,917
2023 $4,041 $262,685 $80,413 $182,272
2022 $3,851 $257,536 $78,837 $178,699
2021 $3,757 $252,488 $77,292 $175,196
2020 $3,662 $249,900 $76,500 $173,400
2019 $1,907 $89,137 $20,178 $68,959
2018 $1,846 $87,390 $19,783 $67,607
2017 $1,814 $85,678 $19,396 $66,282
2016 $1,789 $83,999 $19,016 $64,983
2015 $1,714 $82,738 $18,731 $64,007
2014 $1,620 $81,119 $18,365 $62,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19036175

California Regional Multiple Listing Service (CRMLS)

APN: 012-160-062-000

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